SAUDI ARABIA

(SAR) Currency News >>

CURRENCY:

audi Arabian Riyal - SAR

DENOMINATIONS:

NOTE: SAR500, 100, 50, 10, 5 and 1.

COIN: 50, 25, 10, and 5 halala.

US DOLLAR ACCEPTED?

N/A

CREDIT/DEBIT CARDS AND ATMS:

All major credit cards are easily and widely accepted. ATM machines are also widely available.

CURRENCY EXCHANGE:

Currency exchange services are available at banks and bureaux de change and rates should be competitive.

TRAVELLER'S CHEQUES:

Widely accepted and best in Saudi Riyal, Euros, US dollars or Sterling. Note that they may be hard to exchange.

BANKING HOURS:

Sat-Wed 0800-1200 and 1700-2000. Thurs 0800-1200.

CURRENCY RESTRICTIONS:

Israeli currency is prohibited.

COUNTRY OVERVIEW:

The Kingdom of Saudi Arabia is an Arab country located on the Arabian Peninsula. Two of the holiest places in Islam - the mosques of Mecca and Medina - are in this country. Please note that it is forbidden to practise religions other than Islam in Saudi Arabia. The principle of modest clothing is practised throughout and visitors are expected to respect this. The capital is Riyadh and the official language is Arabic.

POPULATION:

Around 30 million.

ECONOMY:

Saudi Arabia is the main petroleum exporter in the world. The main source of income to the country, around 90% of export earnings come from the oil industry. The country has even created a new city to increase investments.