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 details and click ‘Get Rates’.
SAR to EUR Market Data
Saudi riyal (SAR) to Euro (EUR) market data - latest interbank exchange rate, trend, chart & historic rates.
Is the SAR to EUR 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 Saudi riyal against the Euro is to review how the SAR/EUR rate has changed over time.
The table below shows the percentage change in the SAR to EUR exchange rate across various timeframes—from the past 2 weeks to the last 20 years:
EUR/SAR trading at 4.2838, up 2.4% from 3-month avg. Analysts watching ECB meeting for potential dovish signals that could pressure EUR. Oil prices down 3.1% from avg, may impact rate as SAR remains pegged to USD. #forex #EURSAR
To help you understand the real-world value of the current exchange rate, the table below shows how much Saudi riyal are worth in Euro across a range of amounts.
This gives a quick view of what you’d get when converting different SAR amounts at today’s rate * :
What is the
best Send Money conversion rate for SAR to EUR?
The best SAR to EUR exchange rate is 0.2295 from WorldRemit. This is -1.5% compared to the mid-market rate 0.2330.
As exchange rates can vary
significantly between banks and also between currency exchange providers,
it's therefore important to carefully compare
Saudi riyal (SAR) to Euro (EUR) rates from different sources before making a conversion.
The above
Riyal to Euro 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 SAR-EUR mid-rate and the possible savings of using various providers.
How do SAR-EUR rates compare between providers?
Looking at the
full comparison table
the best SAR to EUR exchange rate is 0.2295 from WorldRemit, -1.5% from the mid-market rate 0.2330.
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.