SAR to INR and every one other currencies: Convert Saudi Riyal to Indian rupee Indians working in Saudi Arabia often check the rates of the Saudi Riyal Vs INR.
This is because it helps to send a refund home to India at the only possible price.
Over the previous few years, we have seen an increasing trend of costs of the Indian rupee losing ground against the Saudi riyal.
This is good news for investors as they get extra cash for a specific number of Saudi Riyals.
Those wishing to vary their currency should check the most recent currency rates.
This is not only true for the Saudi Riyal, but, also for variety of other currencies.
There is a high possibility that we may even see the Riyal pegged at around the same levels within the approaching days.
How the SAR has moved against the INR? The Saudi Arabia currency in Indian rupees largely depends on how trading takes place within the inter bank exchange market in India.
Saudi Riyal Exchange Rate Today
For example, if the rupee falls against the dollar you'd get higher rate for the SAR against INR.
This is because the SAR is pegged against the dollar and doesn't change in value.
Over the ast decade approximately , we have seen Indians working in Saudi Arabia get more for the rupee vs the Saudi Riyal.
In fact, at one stage we'd get INR 12 for one Saudi Riyal, but, the same has now moved higher and has crossed the Rs 16 levels.