Convert Brazilian Real to Saudi Riyal
Please provide values below to convert Brazilian Real [BRL] to Saudi Riyal [SAR], or Convert Saudi Riyal to Brazilian Real.
How to Convert Brazilian Real to Saudi Riyal
1 BRL = 1.48453333333333 SAR
Example: convert 15 BRL to SAR:
15 BRL = 15 × 1.48453333333333 SAR = 22.268 SAR
Brazilian Real to Saudi Riyal Conversion Table
| Brazilian Real | Saudi Riyal |
|---|
Brazilian Real
The Brazilian Real (BRL) is the official currency of Brazil, used for all monetary transactions within the country.
History/Origin
Introduced in 1994 to stabilize the Brazilian economy and curb hyperinflation, the Real replaced the Cruzeiro and has undergone several reforms and currency changes since its inception.
Current Use
The BRL is widely used in Brazil for everyday transactions, banking, and international trade, and is recognized as a stable currency in Latin America.
Saudi Riyal
The Saudi Riyal (SAR) is the official currency of Saudi Arabia, used for all monetary transactions within the country.
History/Origin
The Saudi Riyal was introduced in 1925, replacing the Indian Rupee, and has undergone various reforms, including decimalization in 1929. It is issued and regulated by the Saudi Central Bank.
Current Use
The SAR is widely used in Saudi Arabia for everyday transactions, banking, and international trade, and is pegged to the US dollar at a fixed rate.