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).

Platinum Ounce

Platinum Ounce

Platinum is a chemical element with symbol Pt and atomic number 78. It is a dense, malleable, ductile, highly unreactive, precious, silverish-white transition metal. Its name is derived from the Spanish term platino, meaning "little silver".Platinum is a member of the platinum group of elements and group 10 of the periodic table of elements. It has six naturally occurring isotopes. It is one of the rarer elements in Earth's crust, with an average abundance of approximately 5 μg/kg. It occurs in some nickel and copper ores along with some native deposits, mostly in South Africa, which accounts for 80% of the world production. Because of its scarcity in Earth's crust, only a few hundred tonnes are produced annually, and given its important uses, it is highly valuable and is a major precious metal commodity.Platinum is one of the least reactive metals. It has remarkable resistance to corrosion, even at high temperatures, and is therefore considered a noble metal. Consequently, platinum is often found chemically uncombined as native platinum. Because it occurs naturally in the alluvial sands of various rivers, it was first used by pre-Columbian South American natives to produce artifacts. It was referenced in European writings as early as 16th century, but it was not until Antonio de Ulloa published a report on a new metal of Colombian origin in 1748 that it began to be investigated by scientists. Platinum is used in catalytic converters, laboratory equipment, electrical contacts and electrodes, platinum resistance thermometers, dentistry equipment, and jewelry. Being a heavy metal, it leads to health problems upon exposure to its salts; but due to its corrosion resistance, metallic platinum has not been linked to adverse health effects. Compounds containing platinum, such as cisplatin, oxaliplatin and carboplatin, are applied in chemotherapy against certain types of cancer.As of 2018, the value of platinum is $833.00 per ounce.

3252 Saudi Arabian Riyal to Platinum Ounce exchange rates chart

3252 SAR to XPT exchange rates graph
3252 SAR to XPT 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.

3252 SAR to XPT exchange rates table

Exchange SAR to XPT
3252 Saudi Arabian Riyal = 1.002 Platinum Ounce
6504 Saudi Arabian Riyal = 2.004 Platinum Ounce
16260 Saudi Arabian Riyal = 5.010 Platinum Ounce
32520 Saudi Arabian Riyal = 10.020 Platinum Ounce
Exchange Saudi Arabian Riyal to Platinum Ounce
3252 Saudi Arabian Riyal to Platinum Ounce 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.

3252 SAR to XPT 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
Precious metal prices decrease in Azerbaijan
Precious metal prices decrease in Azerbaijan

Prices for precious metals decreased in Azerbaijan on Nov. 12, according to the data published by the country’s Central Bank.

indicative neutral
Gold falls to one-month low as dollar rises

Silver falls to two-month low; Main support lies at $1,200 for gold-analyst

indicative neutral
Gold falls to 1-month low as dollar soars

Specs trim net short positions in gold in week to Nov. 6; Dollar index hits over 16-month peak

indicative neutral
Gold falls to 1-month low as hawkish Fed boosts dollar

Gold fell to its lowest in a month on Friday on a strong dollar, which gained after the U.S. Federal Reserve reaffirmed its monetary tightening stance, seen as a negative for non-yielding bullion.

conditional positive

3252 SAR to XPT currency converter