Currency
Saudi Arabian Riyal (SR) = 100 halala; 5 halala
= 20 qurush. Notes are in denominations of
SR500, 200, 100, 50, 20, 10, 5 and 1. Coins are
in denominations of 100, 50, 25, 10, and 5
halala, and 10, 5, 2 and 1 qurush.
Currency exchange
Most foreign currencies can be exchanged at
commercial banks and money-changers, which stay
open longer.
Credit & debit cards
MasterCard, American Express, Diners Club and
Visa are all widely accepted. Check with your
credit or debit card company for details of
merchant acceptability and other services which
may be available.
Travellers cheques
Widely accepted although they can be hard to
change. To avoid additional exchange rate
charges, travellers are advised to take
travellers cheques in Saudi Riyal, Euros, US
Dollars or Pounds Sterling and to carry the
purchase receipt.
Currency restrictions
Free import and export of both local and foreign
currency. Israeli currency is prohibited.
Exchange rate indicators
| Date |
May 02 |
Aug 02 |
Nov 02 |
Feb 03 |
| 1.00= |
5.46 |
5.70 |
5.93 |
5.97 |
| $1.00= |
3.75 |
3.75 |
3.75 |
3.75 |
| |
|
Banking hours
Sat-Wed 0830-1200 and 1700-1900; Thurs
0830-1200. Money-changers stay open longer. |
