Convert Saudi Riyal to Surinamese Dollar
Please provide values below to convert Saudi Riyal [SAR] to Surinamese Dollar [SRD], or Convert Surinamese Dollar to Saudi Riyal.
How to Convert Saudi Riyal to Surinamese Dollar
1 SAR = 0.101542910680148 SRD
Example: convert 15 SAR to SRD:
15 SAR = 15 × 0.101542910680148 SRD = 1.52314366020222 SRD
Saudi Riyal to Surinamese Dollar Conversion Table
| Saudi Riyal | Surinamese Dollar |
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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.
Surinamese Dollar
The Surinamese Dollar (SRD) is the official currency of Suriname, used for everyday transactions and financial exchanges within the country.
History/Origin
The Surinamese Dollar was introduced in 2004, replacing the Surinamese Guilder at a rate of 1 SRD = 100 Guilder, to stabilize the economy and modernize the currency system.
Current Use
Today, the Surinamese Dollar is widely used in Suriname for all forms of payment, including cash transactions, banking, and electronic payments.