66 Yemeni Rial to Saudi Arabian Riyal exchange rates chart
66 YER to SAR 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.
66 Yemeni Rial to Saudi Arabian Riyal 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.
War-torn Yemen is experiencing the disastrous collapse of its currency. Food, fuel, medication and clean water is becoming astronomically expensive. The result is a looming famine that could become one of the biggest ever.
English News and Press Release on Yemen about Peacekeeping and Peacebuilding, Protection and Human Rights, Children and Women; published on 07 Nov 2018 by Action Against Hunger, CARE and 15 other organizations