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Last updated : Nov 2009
 
Saudi Arabia Currency
Saudi Arabia Currency and Bank information - TravelPuppy.com
The Saudi Arabian Riyal is the official currency in Saudi Arabia.

1 Saudi Arabian Riyal (SR) = 100 halala

5 halala = 20 qurush

Notes are in denominations of SR 1, 5, 10, 20, 50, 100 and 200.

Coins are in denominations of 5, 10, 25 and 50 and 100 halala. Also in 1, 2, 5 and 10 qurush.

Currency exchange

Currency can be exchanged at commercial banks and money changers, which stay open longer.

Credit & debit cards

American Express, MasterCard, Diners Club and Visa are all widely accepted.

Please check with your credit or debit card company for details of merchant acceptability and other services which may be available.

Travellers cheques

Travellers cheques are widely accepted although they can be hard to change. To avoid additional exchange rate charges, travellers are advised to take travellers cheques in Euros, Saudi Riyal, US Dollars or Pounds Sterling and to also carry the purchase receipt.

Exchange rate indicators

The following figures should be perceived as a guide to the movements of the Saudi Arabian Riyal against the US Dollar and UK Pounds Sterling:
 
Date Nov’07
UK £1.00=
7.80424
US $1.00=
3.74392
 
Currency restrictions

There is free import and export of both local and foreign currency, however import of Israeli currency is prohibited.

Banking hours

Banks are open from Saturday to Wednesday 8.30 am to 12.00 pm, and 5.00 pm to 7.00 pm, Thursdays 8.30 am to 12.00 am.

Money changers have longer opening hours.
Useful travel links
MasterCard ATM Locator Location of any ATM that accepts MasterCard
Oanda International Currency and foreign exchange services
VISA ATM Locator Location of any ATM that accepts VISA cards