Convert Saudi Riyal to Chilean Peso
Please provide values below to convert Saudi Riyal [SAR] to Chilean Peso [CLP], or Convert Chilean Peso to Saudi Riyal.
How to Convert Saudi Riyal to Chilean Peso
1 SAR = 0.00392920927020963 CLP
Example: convert 15 SAR to CLP:
15 SAR = 15 × 0.00392920927020963 CLP = 0.0589381390531444 CLP
Saudi Riyal to Chilean Peso Conversion Table
| Saudi Riyal | Chilean Peso |
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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.
Chilean Peso
The Chilean Peso (CLP) is the official currency of Chile, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Chilean Peso was introduced in 1975, replacing the Chilean Escudo, as part of monetary reforms to stabilize the economy and modernize the currency system.
Current Use
Today, the Chilean Peso remains the official currency of Chile, widely used in all financial transactions, banking, and commerce across the country.