Convert Saudi Riyal to British Pound Sterling
Please provide values below to convert Saudi Riyal [SAR] to British Pound Sterling [GBP], or Convert British Pound Sterling to Saudi Riyal.
How to Convert Saudi Riyal to British Pound Sterling
1 SAR = 5.06619832477709 GBP
Example: convert 15 SAR to GBP:
15 SAR = 15 × 5.06619832477709 GBP = 75.9929748716563 GBP
Saudi Riyal to British Pound Sterling 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.
British Pound Sterling
The British Pound Sterling (GBP) is the official currency of the United Kingdom and its territories, used as a standard unit of monetary value.
History/Origin
The Pound Sterling is one of the oldest currencies still in use, dating back to the 8th century. It was originally a silver coin and has evolved through various forms, including the gold standard and fiat currency, becoming the UK's primary currency in the 19th century.
Current Use
Today, the GBP is widely used in the UK and its territories, serving as the main currency for everyday transactions, banking, and international trade. It is also a major reserve currency globally.