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).

Silver Ounce

Silver Ounce

Silver is a chemical element with symbol Ag (from the Latin argentum, derived from the Proto-Indo-European h₂erǵ: "shiny" or "white") and atomic number 47. A soft, white, lustrous transition metal, it exhibits the highest electrical conductivity, thermal conductivity, and reflectivity of any metal. The metal is found in the Earth's crust in the pure, free elemental form ("native silver"), as an alloy with gold and other metals, and in minerals such as argentite and chlorargyrite. Most silver is produced as a byproduct of copper, gold, lead, and zinc refining. Silver has long been valued as a precious metal. Silver metal is used in many bullion coins, sometimes alongside gold: while it is more abundant than gold, it is much less abundant as a native metal. Its purity is typically measured on a per-mille basis; a 94%-pure alloy is described as "0.940 fine". As one of the seven metals of antiquity, silver has had an enduring role in most human cultures. Other than in currency and as an investment medium (coins and bullion), silver is used in solar panels, water filtration, jewellery, ornaments, high-value tableware and utensils (hence the term silverware), in electrical contacts and conductors, in specialized mirrors, window coatings, in catalysis of chemical reactions, as a colorant in stained glass and in specialised confectionery. Its compounds are used in photographic and X-ray film. Dilute solutions of silver nitrate and other silver compounds are used as disinfectants and microbiocides (oligodynamic effect), added to bandages and wound-dressings, catheters, and other medical instruments.

54 Saudi Arabian Riyal to Silver Ounce exchange rates chart

54 SAR to XAG exchange rates graph
54 SAR to XAG 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.

54 SAR to XAG exchange rates table

Exchange SAR to XAG
54 Saudi Arabian Riyal = 0.925 Silver Ounce
108 Saudi Arabian Riyal = 1.850 Silver Ounce
270 Saudi Arabian Riyal = 4.624 Silver Ounce
540 Saudi Arabian Riyal = 9.248 Silver Ounce
Exchange Saudi Arabian Riyal to Silver Ounce
54 Saudi Arabian Riyal to Silver 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.

54 SAR to XAG exchange rates news

Iranian rial hits record low of 170,000 to the dollar

LONDON: The Iranian rial hit a record low against the US dollar on the unofficial market on Wednesday, the local Tasnim news agency reported, amid a deterioration in the economic situation in Iran and the reimposition of sanctions by Washington. The dollar was being offered for as much as 170,000 rials, according to Tasnim. The rial has lost approximately 75 percent of its

6 days conditional neutral
Top bank boosts Egypt, Gulf falls in thin trade

Egypt’s blue-chip stock index rose sharply on Wednesday, boosted by its biggest bank, while all major Gulf markets were weak, with some investors away on year-end holidays.

15 days conditional neutral
Super Eagles forward wins Player of the Week in Saudi Arabia

Ahmed Musa has been rewarded for his outstanding performances for Al Nassr in the month of September.

20 days indicative positive
Big bank rally helps US stocks finish higher; Goldman soars

U.S. stocks finish after as Goldman Sachs has its best day in 10 years and Bank of America rises by the most in seven years as banks and other financial companies report strong fourth-quarter results

about 23 hours conditional positive
NGC To Offer ASF Labels for Apollo 11 Commemorative Coins
NGC To Offer ASF Labels for Apollo 11 Commemorative Coins

Numismatic Guaranty CorporationÂŽ (NGC) has officially licensed the Astronaut Scholarship Foundation (ASF) logo for special NGC certification labels that celebrate the U.S. Mint's Apollo 11 50th Anniversary Commemorative Coins.

about 23 hours conditional positive
Gold Holds Steady Near $1,300/oz As Geopolitical Risks Including Brexit Loom Large

Since 1995, news.GoldSeek.com publishes the leading gold news commentaries, gold market updates and reports providing gold investors with the most updated gold and silver prices, news & precious metals information!

about 23 hours conditional positive
On Tap: Lantern pours Oregon, Washington brews for annual Winter Beer Fest
On Tap: Lantern pours Oregon, Washington brews for annual Winter Beer Fest

The Lantern Tap House’s sixth annual festival runs Thursday, Friday and Saturday.

2 days conditional neutral

54 SAR to XAG currency converter