Saudi riyal

The Saudi Riyal (SAR) is the official currency of Saudi Arabia, used for everyday transactions, trade, and financial operations within the country. It is subdivided into 100 smaller units called halalas. Governed by the Saudi Central Bank, the Riyal maintains its value through a fixed exchange rate policy, primarily pegged to the US dollar. This stability supports economic activities and helps facilitate international trade. The currency features images of Saudi leaders and cultural symbols, representing the nation’s heritage and sovereignty. Overall, the Riyal plays a crucial role in Saudi Arabia's economy, connecting local commerce with global markets.