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Saudi Arabia » Money

Currency

Saudi Arabian Riyal (SAR) = 100 halala; 5 halala = 20 qurush. Notes are in denominations of SAR500, 100, 50, 10, 5 and 1. Coins are in denominations of 50, 25, 10, and 5 halala.

Currency Exchange

Most foreign currencies can be exchanged at commercial banks and money-changers, which stay open longer.

Credit/Debit Cards and ATMs

American Express, Diners Club, MasterCard and Visa are all widely accepted. Some ATMs are available.

Traveller's Cheques

Widely accepted although they can be hard to change. To avoid additional exchange rate charges, travellers are advised to take traveller's cheques in Saudi Riyal, Euros, US Dollars or Pounds Sterling and to carry the purchase receipt.

Currency Restrictions

There are no restrictions on the import or export of local or foreign currency, but amounts exceeding SAR60,000 must be declared.

Banking Hours

Sat-Wed 0800-1200 and 1700-2000; Thurs 0800-1200. Money-changers stay open longer.

Exchange Rate Indicators

1.00 GBP = 6.05 SAR
1.00 USD = 3.75 SAR
1.00 EUR = 4.93 SAR
Currency conversion rates as of 24 April 2012

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Information in this section was last updated: Wed May 23 2012