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).

Palladium Ounce

Palladium Ounce

Palladium is a chemical element with symbol Pd and atomic number 46. It is a rare and lustrous silvery-white metal discovered in 1803 by William Hyde Wollaston. He named it after the asteroid Pallas, which was itself named after the epithet of the Greek goddess Athena, acquired by her when she slew Pallas. Palladium, platinum, rhodium, ruthenium, iridium and osmium form a group of elements referred to as the platinum group metals (PGMs). These have similar chemical properties, but palladium has the lowest melting point and is the least dense of them. More than half the supply of palladium and its congener platinum is used in catalytic converters, which convert as much as 90% of the harmful gases in automobile exhaust (hydrocarbons, carbon monoxide, and nitrogen dioxide) into less noxious substances (nitrogen, carbon dioxide and water vapor). Palladium is also used in electronics, dentistry, medicine, hydrogen purification, chemical applications, groundwater treatment, and jewelry. Palladium is a key component of fuel cells, which react hydrogen with oxygen to produce electricity, heat, and water. Ore deposits of palladium and other PGMs are rare. The most extensive deposits have been found in the norite belt of the Bushveld Igneous Complex covering the Transvaal Basin in South Africa; the Stillwater Complex in Montana, United States; the Sudbury Basin and Thunder Bay District of Ontario, Canada; and the Norilsk Complex in Russia. Recycling is also a source, mostly from scrapped catalytic converters. The numerous applications and limited supply sources result in considerable investment interest.

4248 Saudi Arabian Riyal to Palladium Ounce exchange rates chart

4248 SAR to XPD exchange rates graph
4248 SAR to XPD 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.

4248 SAR to XPD exchange rates table

Exchange SAR to XPD
4248 Saudi Arabian Riyal = 1.000 Palladium Ounce
8496 Saudi Arabian Riyal = 2.000 Palladium Ounce
21240 Saudi Arabian Riyal = 5.001 Palladium Ounce
42480 Saudi Arabian Riyal = 10.002 Palladium Ounce
Exchange Saudi Arabian Riyal to Palladium Ounce
4248 Saudi Arabian Riyal to Palladium 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.

4248 SAR to XPD 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
Precious Metals Weekly Round-Up: Gold Dips on Fed Policy Statement
Precious Metals Weekly Round-Up: Gold Dips on Fed Policy Statement

Despite posting some gains earlier in the week, the precious metals took some hits following the Fed policy statement and were down on Friday.

conditional neutral
Gold falls to one-month low as Fed affirms rate-hiking stance

Gold set for worst week since mid August; Dollar index holds near multi-month highs; Silver on course for biggest drop since February

conditional 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

4248 SAR to XPD currency converter