Convert Euro to Saudi Riyal
Please provide values below to convert Euro [EUR] to Saudi Riyal [SAR], or Convert Saudi Riyal to Euro.
How to Convert Euro to Saudi Riyal
1 EUR = 0.227386666666667 SAR
Example: convert 15 EUR to SAR:
15 EUR = 15 × 0.227386666666667 SAR = 3.4108 SAR
Euro to Saudi Riyal Conversion Table
| Euro | Saudi Riyal |
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Euro
The euro (EUR) is the official currency of the Eurozone, used by 19 of the 27 European Union member states, and is one of the world's major reserve currencies.
History/Origin
The euro was introduced in electronic form in 1999 and banknotes and coins entered circulation on January 1, 2002, replacing national currencies and fostering economic integration within the Eurozone.
Current Use
The euro is widely used across the Eurozone countries for everyday transactions, international trade, and as a reserve currency held by central banks worldwide.
Saudi Riyal
The Saudi Riyal (SAR) is the official currency of Saudi Arabia, used for all monetary transactions within the country.
History/Origin
The Saudi Riyal was introduced in 1925, replacing the Indian Rupee, and has undergone various reforms, including decimalization in 1929. It is issued and regulated by the Saudi Central Bank.
Current Use
The SAR is widely used in Saudi Arabia for everyday transactions, banking, and international trade, and is pegged to the US dollar at a fixed rate.