Convert Swiss Franc to Saudi Riyal
Please provide values below to convert Swiss Franc [CHF] to Saudi Riyal [SAR], or Convert Saudi Riyal to Swiss Franc.
How to Convert Swiss Franc to Saudi Riyal
1 CHF = 0.211973333333333 SAR
Example: convert 15 CHF to SAR:
15 CHF = 15 × 0.211973333333333 SAR = 3.1796 SAR
Swiss Franc to Saudi Riyal Conversion Table
| Swiss Franc | Saudi Riyal |
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Swiss Franc
The Swiss Franc (CHF) is the official currency of Switzerland and Liechtenstein, used as a standard monetary unit for transactions and financial purposes.
History/Origin
The Swiss Franc was introduced in 1850, replacing various local currencies, and has since become a stable and widely recognized currency, with its value historically linked to gold until the abandonment of the gold standard in the 20th century.
Current Use
Today, the Swiss Franc is used primarily in Switzerland and Liechtenstein for everyday transactions, banking, and international trade, and is considered a major reserve currency globally.
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.