Live Market Rates · Saudi Arabia
SAR Exchange Rates
in Saudi Arabia Today
Real-time Saudi Riyal rates against 30+ currencies. Useful for remittances, travel, and comparing money transfer services.
🇮🇳 INR · Indian Rupee
1 SAR = 25.277
● Updated 51 minutes ago
🇵🇰 PKR · Pakistani Rupee
1 SAR = 74.384
● Updated 51 minutes ago
🇧🇩 BDT · Bangladeshi Taka
1 SAR = 32.698
● Updated 51 minutes ago
🇵🇭 PHP · Philippine Peso
1 SAR = 16.131
● Updated 51 minutes ago
Today's SAR Exchange Rates
Most Popular Currency Pairs
Where You Exchange Matters
🏦 Comparing Exchange Channels in Saudi Arabia
Rate · Fees · Speed
| Channel | Rate Quality | Fees | Speed | Best For |
|---|---|---|---|---|
| 🏦 Saudi Banks | Below Market | Service charges apply | 1–3 days | Large or official transfers |
| 🏪 Exchange Houses | Near Market | Low flat fee | Same day | Regular remittances |
| 📱 Online Apps | Best Available | Very low or zero | Minutes to hours | Convenience & best rate |
| 🏧 ATM (Abroad) | Below Market | ATM + bank fees | Instant | Emergency travel cash |
Saudi Banks
Best for large or official transfers. Slower but highly secure. Rates are usually 2–4% below market.
Exchange Houses
Al-Rajhi, STC Pay, Western Union. Better rates than banks. Widely used by expatriates across Saudi Arabia.
Online Transfer Apps
Often the most competitive rates. Fast transfers. Rates may change frequently based on market movement.
Always Compare
Use this page as your benchmark. A 1–2% markup is normal. Anything above 3–4% — shop around.
Understanding Exchange Rates in Saudi Arabia
Exchange rates fluctuate based on global market conditions, supply and demand, economic indicators, and geopolitical events. The rates shown above are open market reference rates — the mid-market rate used as a benchmark.
How to Use This Tool Effectively
- For quick reference: Find your home currency in the list to see today's rate for 1 SAR
- For calculating remittances: Multiply the rate by the amount you want to send
- For comparing offers: Use this as your benchmark when banks or money transfer services quote you rates
- For budgeting: Check rates before major purchases or travel to gauge your spending power
💡 Example: If the market rate shows 1 SAR = 22.50 INR, a bank might offer you 21.60 INR (4% below), while an online service might give you 22.05 INR (2% below). On a 5,000 SAR transfer, that's a difference of 2,250 INR — just by choosing the right channel.
Why Does the SAR Stay Stable?
The Saudi Riyal (SAR) has been pegged to the US Dollar at 3.75 SAR = 1 USD since 1986. This means SAR/USD does not fluctuate. However, SAR rates against other currencies do change regularly as those currencies move against the USD.
Factors That Affect SAR Exchange Rates
- USD strength or weakness: Since SAR is pegged to USD, a stronger dollar means SAR buys more in countries like India, Pakistan or Bangladesh
- Home country inflation: High inflation in a sending country causes the local currency to weaken, meaning your SAR sends more
- Central bank policies: Interest rate decisions by the US Fed or central banks of recipient countries affect exchange rates
- Seasonal demand: Rates can shift during Eid, Ramadan, and year-end when remittance volumes spike from Saudi Arabia
Frequently Asked Questions
What does 1 SAR exchange rate mean?
It shows the value of one Saudi Riyal (SAR) when converted to another currency at current open market rates. This is the baseline rate before any fees or margins are applied by banks or exchange houses.
Are these exchange rates updated daily?
These rates update automatically every hour from live market data — no manual updating needed.
Are these rates applicable for bank transfers?
Not exactly. These are open market reference rates. Banks typically offer rates 2–4% below the market rate shown here, plus they charge transfer fees. Always ask your bank for their final offered rate including all charges.
Why do exchange rates change frequently?
Exchange rates fluctuate based on global supply and demand for currencies. This is influenced by economic data, interest rate decisions, inflation, political events, and market sentiment.
Is this an official Saudi government exchange rate?
No. These are open market reference rates, not official Saudi Central Bank (SAMA) rates. The official USD/SAR rate is fixed at 3.75, but all other currency pairs are market-driven.
What's the difference between buy rate and sell rate?
The buy rate is what you get when selling SAR (sending money home). The sell rate is what you pay when buying SAR. The difference between them is the exchange provider's spread.
Disclaimer: Exchange rates shown are indicative open market rates and may vary across banks, money exchangers, and transfer platforms. Always confirm the final rate and total fees before making any financial transaction. This tool is for informational purposes only and does not constitute financial advice. KSA Expats is not responsible for any losses arising from reliance on rates shown here.