Convert Saudi Riyal to Brazilian Real
Please provide values below to convert Saudi Riyal [SAR] to Brazilian Real [BRL], or Convert Brazilian Real to Saudi Riyal.
How to Convert Saudi Riyal to Brazilian Real
1 SAR = 0.673612358541405 BRL
Example: convert 15 SAR to BRL:
15 SAR = 15 × 0.673612358541405 BRL = 10.1041853781211 BRL
Saudi Riyal to Brazilian Real Conversion Table
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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.
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.