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).

Australian Dollar

Australian Dollar

The Australian dollar (sign: $; code: AUD) is the currency of the Commonwealth of Australia, including its external territories Christmas Island, Cocos (Keeling) Islands, and Norfolk Island, as well as the independent Pacific Island states of Kiribati, Nauru, Tonga, Tuvalu, and Vanuatu. The Australian dollar was legal tender of Papua New Guinea until 1 January 1976, when the Papua New Guinean kina became the sole legal tender. Within Australia, it is almost always abbreviated with the dollar sign ($), with A$ or AU$ sometimes used to distinguish it from other dollar-denominated currencies. It is subdivided into 100 cents. In 2016, the Australian dollar was the fifth most traded currency in the world, accounting for 6.9% of the world's daily share (down from 8.6% in 2013). It trades in the world foreign exchange markets behind the US dollar, the euro, the yen and the pound sterling. The Australian dollar is popular with currency traders, because of the comparatively high interest rates in Australia, the relative freedom of the foreign exchange market from government intervention, the general stability of Australia's economy and political system, and the prevailing view that the Australian dollar offers diversification benefits in a portfolio containing the major world currencies, especially because of its greater exposure to Asian economies and the commodities cycle. The currency is commonly referred to by foreign-exchange traders as the "Aussie dollar".

2 Saudi Arabian Riyal to Australian Dollar exchange rates chart

2 SAR to AUD exchange rates graph
2 SAR to AUD 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.

2 SAR to AUD exchange rates table

Exchange SAR to AUD
2 Saudi Arabian Riyal = 0.742 Australian Dollar
4 Saudi Arabian Riyal = 1.483 Australian Dollar
10 Saudi Arabian Riyal = 3.708 Australian Dollar
20 Saudi Arabian Riyal = 7.416 Australian Dollar
Exchange Saudi Arabian Riyal to Australian Dollar
2 Saudi Arabian Riyal to Australian Dollar 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/AUD rate at United Currency Exchange in Melbourne

2 SAR to AUD exchange rates at United Currency Exchange in Melbourne
2 Saudi Arabian Riyal = 0.693 Australian Dollar
United Currency Exchange
United Currency Exchange

United Currency Exchange was founded in 2006 and firstly established in Victoria, Australia. The company operates specifically as a foreign currency exchange dealer servicing international tourists and budget travellers. As the business operates in financial services industry, United Currency Exchange is committed to deliver excellent customer services as well as professionalism throughout its services. We buy and sell foreign currencies at very competitive exchange rates with no commissions,...

2 SAR to AUD exchange rates news

Iranian rial hits record low of 170,000 to the dollar

LONDON: The Iranian rial hit a record low against the US dollar on the unofficial market on Wednesday, the local Tasnim news agency reported, amid a deterioration in the economic situation in Iran and the reimposition of sanctions by Washington. The dollar was being offered for as much as 170,000 rials, according to Tasnim. The rial has lost approximately 75 percent of its

10 days conditional neutral
Top bank boosts Egypt, Gulf falls in thin trade

Egypt’s blue-chip stock index rose sharply on Wednesday, boosted by its biggest bank, while all major Gulf markets were weak, with some investors away on year-end holidays.

19 days conditional neutral
Super Eagles forward wins Player of the Week in Saudi Arabia

Ahmed Musa has been rewarded for his outstanding performances for Al Nassr in the month of September.

24 days indicative positive
Dollar gains, but outlook suggests weak trend

The dollar rose against the euro on Friday, boosted by technical factors after the single currency hit key resistance levels, even as the greenback's outlook remained bleak amid cautious signals from the Federal Reserve about further rate hikes.

10 days indicative negative
Key indicators from the Australian economy in 2018

There is little doubt that 2018 was a year of ups and downs in many sectors as worldwide volatility attempted to undermine what could otherwise have been a year of gains in certain areas.

21 days conditional neutral
Vital Signs: 35 extraordinary years. What the float of Australian dollar bought us

Floating the dollar 35 years ago was a leap into the unknown. Here's how it has served us well.

about 2 months conditional neutral
The behavior of the Australian dollar is a contradiction
The behavior of the Australian dollar is a contradiction

On the one hand the Australian market is making new 10 year highs, on the other, the Australian dollar has broken a long term uptrend and is rapidly moving towards 12-month, and potentially, two-year lows.

8 months indicative neutral

2 SAR to AUD currency converter