Convert Saudi Riyal to Icelandic Króna
Please provide values below to convert Saudi Riyal [SAR] to Icelandic Króna [ISK], or Convert Icelandic Króna to Saudi Riyal.
How to Convert Saudi Riyal to Icelandic Króna
1 SAR = 0.0308105643262962 ISK
Example: convert 15 SAR to ISK:
15 SAR = 15 × 0.0308105643262962 ISK = 0.462158464894443 ISK
Saudi Riyal to Icelandic Króna Conversion Table
| Saudi Riyal | Icelandic Króna |
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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.
Icelandic Króna
The Icelandic Króna (ISK) is the official currency of Iceland, used as the country's primary medium of exchange.
History/Origin
The Króna was introduced in 1981, replacing the Icelandic Krona at par, and has undergone various redenominations and reforms since its inception.
Current Use
The ISK is actively used in Iceland for all financial transactions, including cash, banking, and electronic payments, and is managed by the Central Bank of Iceland.