Saudi Arabian Riyal Currency | Saudi Arabia | SAR

Saudi Arabian Riyal

Saudi Arabian riyal Currency:

The Saudi riyal (Saudi Arabian riyal) is the official currency of Saudi Arabia. It is subdivided into 100 halalas. The official code is SAR and symbol is SR. Saudi Arabian Monetary Authority is the Central Bank of Saudi Arabia.

Transitional copper coins for ¼ and ½ qirsh coins were introduced in 1925.  In 1926 introduced ¼, ½ and 1 qirsh cupro-nickel pieces with the title of "King of Hejaz and Sultan of Nejd".  The royal title was changed to "King of Hejaz and Nejd and Dependencies" in 1927; coins were issued in denominations of ¼, ½ and 1 qirsh in cupro-nickel and ¼, ½ and 1 riyal in silver. The first coins were issued in the name of Saudi Arabia in 1935. These were silver ¼, ½ and 1 riyal coins. From 1937, cupro-nickel ¼, ½ and 1 qirsh coins were also issued. In 1957, Cupro-nickel 2 and 4 qirsh coins were introduced. Bronze 1 halala coins were introduced in 1963. In 1972, cupro-nickel 5, 10, 25 and 50 halala coins introduced in 1972. Cupro-nickel 1 riyal coins were introduced in 1976, which are also inscribed with the denomination 100 halala.  A new series coins was issued in 2016 in denominations of 1, 5, 10, 25 and 50 halalas and bimetallic1 and 2 riyal coins. On 15 June 1961, the Monetary Agency issued regular bank notes for 1, 5, 10, 50 and 100 riyals. In 1983, 500 Riyal notes were introduced.  In 2000, 20 and 200 riyal banknotes were issued. In 2007, issued the 5th series of banknotes bearing the face of King Abdullah.  On 13 December 2016, issued the 6th series of banknotes bearing the face of king Salman bin Abdulaziz Al Saud.

Saudi Arabian Riyal

Saudi Arabian Riyal (Saudi Arabia):

Code: SAR

Symbol: SR or ر.س

Subunit        

1⁄100 = halalah

Banknotes   

5, 10, 50, 100, 500 riyals

Coins 

1, 5, 10, 25, 50 halalas, 1 riyal, 2 riyal

Central bank:         

Saudi Arabian Monetary Authority

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