The comparison table above helps you see the total cost of your currency transaction by showing the exchange rates offered by different providers. It also makes it easy to spot potential savings from market-leading FX services compared to bank rates.
To see a full list of available providers, simply enter your transaction type, details and click ‘GET RATES’.
EUR to SAR Market Data
Euro (EUR) to Saudi riyal (SAR) market data - latest interbank exchange rate, trend, chart & historic rates.
Is the EUR to SAR Exchange Rate Likely to Improve?
Predicting exchange rate movements is always challenging, as they’re influenced by a wide range of economic and geopolitical factors. One useful way to assess the current value of the Euro against the Saudi riyal is to review how the EUR/SAR rate has changed over time.
The table below shows the percentage change in the EUR to SAR exchange rate across various timeframes—from the past 2 weeks to the last 20 years:
Current market bias: Slightly bullish for EUR to SAR.
Key drivers:
- Interest rate differential favors SAR as ECB remains cautious on rate hikes, limiting euro gains.
- Positive economic outlook in the EU, especially Germany, supports euro strength.
- Global oil prices below recent averages affect the Saudi riyal's strength.
Near-term range: EUR to SAR is likely to trade within a stable range influenced by economic performance and interest rates.
What could change it: Upside risk from improved Eurozone economic data; downside risk from geopolitical tensions or a strong U.S. dollar impacting the euro.
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EUR/SAR shows slight bullish bias with potential for stability.
Interest rates favor SAR as ECB holds back on hikes. Positive growth in the EU could support the euro, but oil prices weigh on the Riyal. Watch for data or geopolitical shifts impacting this trade
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EUR to SAR Conversion: What Is Your Money Worth?
To help you understand the real-world value of the current exchange rate, the table below shows how much Euro are worth in Saudi riyal across a range of amounts.
This gives a quick view of what you’d get when converting different EUR amounts at today’s rate * :
What is the
best Send Money conversion rate for EUR to SAR?
The best EUR to SAR exchange rate is 4.3636 from Wise. This is -1.1% compared to the mid-market rate 4.4120.
As exchange rates can vary
significantly between banks and also between currency exchange providers,
it's therefore important to carefully compare
Euro (EUR) to Saudi riyal (SAR) rates from different sources before making a conversion.
The above
Euro to Riyal comparison table
makes it easy to compare the Total Fees (both variable and fixed) you are being charged by
banks and other foreign exchange providers against the latest EUR-SAR mid-rate and the possible savings of using various providers.
How do EUR-SAR rates compare between providers?
Looking at the full
EUR to SAR - Send Money comparison table the provider with the best EUR to SAR exchange rate is Wise at 4.3636, -1.1% from the latest mid-market rate 4.4120.
Then OFX at 4.2664, which is -3.3% from the mid-rate.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally,
banks and foreign exchange providers often apply a margin to the exchange rate, resulting in a less favorable rate for customers compared to the mid-market rate.
For more competitive rates, you might consider using a specialized currency exchange service
or platforms that offer rates closer to the mid-market rate.