Saudi Arabian Riyal

Saudi Arabian Riyal

The Saudi riyal (Arabic: ريال‎ riyāl); is the currency of Saudi Arabia. It is abbreviated as ر.س or SR (Saudi riyal). It is subdivided into 100 halalas (Arabic: هللة‎ Halalah).

Qatari Riyal

Qatari Riyal

The Qatari riyal is the currency of the State of Qatar. It is divided into 100 dirhams (Arabic: درهم‎) and is abbreviated as either QR (English) or ر.ق (Arabic).

1 Saudi Arabian Riyal to Qatari Riyal exchange rates chart

1 SAR to QAR exchange rates graph
1 SAR to QAR Spot rate – This is known more formally as the ‘interbank’ rate. It is the rate banks or large financial institutions charge each other when trading significant amounts of foreign currency. In the business, this is sometimes referred to as a ‘spot rate’. It is not the tourist rate and you cannot buy currency at this rate, as you are buying relatively small amounts of foreign currency. In everyday life it is the same as the difference between wholesale and retail prices. The rates shown in financial newspapers and in broadcast media are usually the interbank rates.

1 SAR to QAR exchange rates table

Exchange SAR to QAR
1 Saudi Arabian Riyal = 0.971 Qatari Riyal
2 Saudi Arabian Riyal = 1.941 Qatari Riyal
5 Saudi Arabian Riyal = 4.853 Qatari Riyal
10 Saudi Arabian Riyal = 9.707 Qatari Riyal
Exchange Saudi Arabian Riyal to Qatari Riyal
1 Saudi Arabian Riyal to Qatari Riyal Cross rate – This is the rate we give to customers who want to exchange currencies that do not involve the local currency. For example, if you want to exchange Australian dollars into US dollars.

Best SAR/QAR rate at Commercial Bank of Qatar in Doha

1 SAR to QAR exchange rates at Commercial Bank of Qatar in Doha
1 Saudi Arabian Riyal = 0.965 Qatari Riyal
Commercial Bank of Qatar
Commercial Bank of Qatar

Commercial Bank plays a vital role in Qatar’s economic development through offering a range of personal, business, government, international and investment services. What we do is just as important as how we do it. Our promise – that everything is possible – governs how we approach our business. Our services support individuals, the public sector and companies of all sizes in Qatar and internationally. Commercial Bank operates in Retail and Wholesale banking and makes strategic investments...

Best SAR/QAR rate at QIB in Doha

1 SAR to QAR exchange rates at QIB in Doha
1 Saudi Arabian Riyal = 0.970 Qatari Riyal
QIB
QIB

Qatar Islamic Bank (QIB) was the first Islamic bank to start operating in the country in 1982 and it is still the largest today: The Bank currently holds 42.3% share of the Islamic banking sector and approximately11% of the total domestic banking sector. As of end June 2018, the total Shareholders' Equity of the bank amounted to QAR 14.5 billion (4 billion US Dollars) with total assets reaching QAR 152.5 billion (41.9 billion US Dollars). QIB conducts its domestic business through a modern...

Best SAR/QAR rate at QNB in Doha

1 SAR to QAR exchange rates at QNB in Doha
1 Saudi Arabian Riyal = 0.963 Qatari Riyal
QNB
QNB

Qatar National Bank (Q.P.S.C.) (QNB Group) was established in 1964 as the country’s first Qatari-owned commercial bank, with an ownership structure split between the Qatar Investment Authority (50%) and the remaining (50%) held by members of the public. QNB Group has steadily grown to be the biggest bank in Qatar and the largest financial institution in the Middle East and Africa region. For the six months ended 30 June 2018, Net Profit reached QAR7.1 billion (USD1.9 billion), up by 7%...

1 SAR to QAR exchange rates news

Date set for auction of Saudi tycoon’s properties

Proceeds of the sale of Maan al-Sanea’s real estate assets will help repay billions of dollars due to creditors, say sources

conditional neutral
Saudi, expat fined half a million riyals for ‘tasattur’ operation in Dammam
Saudi, expat fined half a million riyals for ‘tasattur’ operation in Dammam

The Ministry of Commerce and Investment has defamed a Saudi citizen and an Arab expatriate who were convicted of commercial cover-up (tasattur) by a criminal court.

conditional neutral
Alkhabeer Capital opens subscription to 237m riyal Reit on Tadawul

Alkhabeer REIT Fund has assets in excess of 1bn riyals and invests in seven income-generating properties

conditional positive
Saudi Arabia will not penalize banks that boycotted conference

Saudi Arabia's central bank governor said the kingdom will not penalize foreign banks that boycotted

conditional positive
Qatari Emir Regrets Fallout With Siege Countries
Qatari Emir Regrets Fallout With Siege Countries

The Amir HH Sheikh Tamim bin Hamad al Thani on Tuesday said the continuation of conflicts in the region was regrettable, but added that the"crises will pass"."History teaches us that

imperative negative
Highlights of H.H. The Amir’s speech at the Advisory Council

Here's the translation of H.H. the Amir's speech at the opening of 47th Ordinary Session of the Advisory Council. Click here to read more!

indicative positive

1 SAR to QAR currency converter