The currency remained pegged to the USD until 1962 when it was floated on a free market basis. However, due to political and economic turmoil in the country, it was pegged back to the USD in 1986. The Saudi Riyal has been pegged to the US Dollar since 1986 at a rate of 3.75 SAR to 1 USD. The currency is widely accepted across the Gulf States and is also legal tender in Yemen and widely used in Qatar. - The currency is widely accepted across the Gulf States and is also legal tender in Yemen and widely used in Qatar.
- The currency has been relatively stable since then with only a few minor fluctuations. In recent years, the Saudi Riyal has been one of the strongest currencies in the region.
- Users: 🇸🇦 Saudi Arabia
- Monetary Authority: Saudi Central Bank
- Common Banknotes: 1 SAR, 5 SAR, 10 SAR, 50 SAR, 100 SAR & 500 SAR
- Subunit: Halalah
- Common Coins: 1 halalas, 5 halalas, 10 halalas, 25 halalas, 50 halalas, 1 SAR and 2 SAR
- Currency Symbol: ر.س or SAR
- Currency Code: SAR
Foydalanilgan Adabiyotlar - OʻzME. Birinchi jild. Toshkent, 2000-yil
- Oʻzbekiston milliy ensiklopediyasi (2000-2005) maʼlumotlaridan foydalanilgan
- https://cornerstonefs.com/knowledge-hub/currencies/saudi-riyal/
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