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).

New Zealand Dollar

New Zealand Dollar

The New Zealand dollar (sign: $; code: NZD, also abbreviated NZ$) (Māori: Tāra o Aotearoa) is the official currency and legal tender of New Zealand, the Cook Islands, Niue, the Ross Dependency, Tokelau, and a British territory, the Pitcairn Islands. Within New Zealand, it is almost always abbreviated with the dollar sign ($), with "NZ$" sometimes used to distinguish it from other dollar-denominated currencies. In the context of currency trading, it is often informally called the "Kiwi" or "Kiwi dollar", since New Zealand is commonly associated with the indigenous bird and the one-dollar coin depicts a kiwi. Introduced in 1967, the dollar is subdivided into 100 cents. Altogether there are ten denominations—five coins and five banknotes—with the smallest being the 10-cent coin. Formerly there were lower denominations, but those were discontinued due to inflation and production costs. The New Zealand dollar is consistently one of the 10 most traded currencies in the world, being approximately 2.0% of global foreign exchange market daily turnover in 2013.

2 Saudi Arabian Riyal to New Zealand Dollar exchange rates chart

2 SAR to NZD exchange rates graph
2 SAR to NZD 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 NZD exchange rates table

Exchange SAR to NZD
2 Saudi Arabian Riyal = 0.790 New Zealand Dollar
4 Saudi Arabian Riyal = 1.580 New Zealand Dollar
10 Saudi Arabian Riyal = 3.951 New Zealand Dollar
20 Saudi Arabian Riyal = 7.901 New Zealand Dollar
Exchange Saudi Arabian Riyal to New Zealand Dollar
2 Saudi Arabian Riyal to New Zealand 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/NZD rate at No1 Currency in Auckland

2 SAR to NZD exchange rates at No1 Currency in Auckland
2 Saudi Arabian Riyal = 0.734 New Zealand Dollar
No1 Currency
No1 Currency

No1 Currency - Currency Exchange Specialists No1 Currency is a foreign exchange business (owned by FEXCO Pacific) that has been operating across the Pacific for over 10 years. The core services we offer are currency exchange, business payments and international money transfers through Western Union. We now operate in 9 Pacific countries accross 65 locations and employ over 250 Staff. No1Currency has airport locations in Samoa, Fiji (Nadi and Nausori), Tonga, Vanuatu (Port Vila and Santo) and...

2 SAR to NZD 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
Who should be able to afford 'affordable' housing?

A new housing programme in New Zealand is meant to help young people priced out of buying homes. But KiwiBuild might be too expensive for the very people many think it should help.

indicative neutral
NZD/USD Weekly Technical Outlook– Kiwi Eyes Yearly Slope Resistance

New Zealand Dollar is up nearly 5% off the yearly lows with price now targeting key slope resistance. Here are the levels that matter on

imperative positive
New Zealand Fiat-Backed Stablecoin to Make a Comeback in 2019
New Zealand Fiat-Backed Stablecoin to Make a Comeback in 2019

Cryptopia to re-introduce New Zealand Dollar backed virtual currency in the first quarter of 2019 after it suspended the NZDT in 2018.

imperative neutral

2 SAR to NZD currency converter