Convert Surinamese Dollar to Saudi Riyal
Please provide values below to convert Surinamese Dollar [SRD] to Saudi Riyal [SAR], or Convert Saudi Riyal to Surinamese Dollar.
How to Convert Surinamese Dollar to Saudi Riyal
1 SRD = 9.84805333333333 SAR
Example: convert 15 SRD to SAR:
15 SRD = 15 × 9.84805333333333 SAR = 147.7208 SAR
Surinamese Dollar to Saudi Riyal Conversion Table
Surinamese Dollar | Saudi Riyal |
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Surinamese Dollar
The Surinamese Dollar (SRD) is the official currency of Suriname, used for everyday transactions and financial exchanges within the country.
History/Origin
The Surinamese Dollar was introduced in 2004, replacing the Surinamese Guilder at a rate of 1 SRD = 100 Guilder, to stabilize the economy and modernize the currency system.
Current Use
Today, the Surinamese Dollar is widely used in Suriname for all forms of payment, including cash transactions, banking, and electronic payments.
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.