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).

Tuvaluan Dollar

Tuvaluan Dollar

The dollar is the currency of Tuvalu. From 1966 to 1976, Tuvalu officially used the Australian dollar. In 1976, Tuvalu began issuing its own coins for circulation, although these circulate alongside Australian coins and Tuvalu continues to use Australian banknotes. Similar to the Faroese króna's relationship to the Danish krone and the Panamanian balboa's relationship to the United States dollar, the Tuvaluan dollar is not an independent currency, but a variation of the Australian Dollar. The official international currency code is TVD.There is no central monetary institution or central bank in Tuvalu. The National Bank of Tuvalu performs some monetary functions for the government of Tuvalu including the holding of government accounts and foreign assets.Other currencies used in Tuvalu have been the Pound Sterling, prior to the introduction of the Australian dollar, as well as the US dollar, during the World War II American occupation of the islands. Gilbert and Ellice Islands banknotes have also been used on in Tuvalu, These notes were cashier's cheques backed in Pounds rather than an official, independent currency. The Yen backed Oceania pound was used in parts of the Gilberts (now Kiribati), but Japanese influence never actually reached the Ellice Chain (now Tuvalu).

2 Saudi Arabian Riyal to Tuvaluan Dollar exchange rates chart

2 SAR to TVD exchange rates graph
2 SAR to TVD 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 TVD exchange rates table

Exchange SAR to TVD
2 Saudi Arabian Riyal = 0.742 Tuvaluan Dollar
4 Saudi Arabian Riyal = 1.485 Tuvaluan Dollar
10 Saudi Arabian Riyal = 3.712 Tuvaluan Dollar
20 Saudi Arabian Riyal = 7.423 Tuvaluan Dollar
Exchange Saudi Arabian Riyal to Tuvaluan Dollar
2 Saudi Arabian Riyal to Tuvaluan 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.

2 SAR to TVD exchange rates news

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2 SAR to TVD currency converter