The Saudi Riyal is the official currency of Saudi Arabia. It has been the official currency of Saudi Arabia since the country’s establishment in 1932, and was in use in the Kingdom of Hejaz from 1916 to 1925 - making the Saudi Riyal older than Saudi Arabia itself! The Saudi Riyal is administered by the Saudi Arabian Monetary Agency, and is usually abbreviated to SR or ر.س.
You can purchase the SAR in India, by converting Indian Rupees to Saudi Riyal, in the form of currency notes and forex cards. The first Saudi Riyal banknotes were unofficially introduced in 1953, and officially introduced in 1961. The SAR has notes in denominations of 1, 5, 10, 50, 100, 200 and 500 riyals available for purchase in India. The currency notes feature artwork that depicts the kings of Saudi Arabia.
The Saudi Riyal is commonly used in international foreign exchange transactions, and is available in India. It is pegged to the US Dollar at a rate of 3.75 SR = 1 USD. DoorstepForex.com offers the best foreign exchange rates for the SAR across all the major cities of India. You can purchase the Saudi Riyal as well as sell back the same in India to convert SAR to Rupee with ease.
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