Convert Singapore Dollar to Saudi Riyal
Please provide values below to convert Singapore Dollar [SGD] to Saudi Riyal [SAR], or Convert Saudi Riyal to Singapore Dollar.
How to Convert Singapore Dollar to Saudi Riyal
1 SGD = 0.341253333333333 SAR
Example: convert 15 SGD to SAR:
15 SGD = 15 × 0.341253333333333 SAR = 5.1188 SAR
Singapore Dollar to Saudi Riyal Conversion Table
Singapore Dollar | Saudi Riyal |
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Singapore Dollar
The Singapore Dollar (SGD) is the official currency of Singapore, used for all monetary transactions within the country.
History/Origin
The Singapore Dollar was introduced in 1967, replacing the Malayan dollar, and has since evolved into a stable currency managed by the Monetary Authority of Singapore.
Current Use
Today, the SGD is widely used in Singapore for everyday transactions, banking, and international trade, and is considered a major Asian currency.
Saudi Riyal
The Saudi Riyal (SAR) is the official currency of Saudi Arabia, used for all monetary transactions within the country.
History/Origin
The Saudi Riyal was introduced in 1925, replacing the Indian Rupee, and has undergone various reforms, including decimalization in 1929. It is issued and regulated by the Saudi Central Bank.
Current Use
The SAR is widely used in Saudi Arabia for everyday transactions, banking, and international trade, and is pegged to the US dollar at a fixed rate.