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).

Cuban Convertible Peso

Cuban Convertible Peso

The convertible peso (sometimes given as CUC$ and informally called a cuc or a chavito) is one of two official currencies in Cuba, the other being the Cuban peso. It has been in limited use since 1994, when its value was pegged 1:1 to the United States dollar. On 8 November 2004, the U.S. dollar ceased to be accepted in Cuban retail outlets and left the convertible peso as the only currency in circulation in many Cuban businesses. Officially exchangeable only within the country, its value was increased to US$1.08 in April 2005, but reverted to US$1.00 on 15 March 2011. The convertible peso is, by the pegged rate, the twelfth-highest-valued currency unit in the world and the highest-valued "peso" unit. On 22 October 2013, it was announced that the currency is to be scrapped, with it being gradually unified with the lower-value Cuban peso, though as of August 2018, that unification has not been achieved, nor has any target date been officially announced.

3 Saudi Arabian Riyal to Cuban Convertible Peso exchange rates chart

3 SAR to CUC exchange rates graph
3 SAR to CUC 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.

3 SAR to CUC exchange rates table

Exchange SAR to CUC
3 Saudi Arabian Riyal = 0.800 Cuban Convertible Peso
6 Saudi Arabian Riyal = 1.600 Cuban Convertible Peso
15 Saudi Arabian Riyal = 4.000 Cuban Convertible Peso
30 Saudi Arabian Riyal = 8.000 Cuban Convertible Peso
Exchange Saudi Arabian Riyal to Cuban Convertible Peso
3 Saudi Arabian Riyal to Cuban Convertible Peso 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.

3 SAR to CUC exchange rates news

Spotify Launches in the Middle East & North Africa

Spotify announced it is launching its service in 13 new markets in the Middle East and North Africa on Tuesday, including United Arab Emirates, Saudi Arabia, Kuwait, Oman, Qatar, Bahrain, Algeria, Morocco, Tunisia, Jordan, Lebanon, Palestinian Territories and Egypt.

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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

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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.

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3 SAR to CUC currency converter