Convert Salvadoran Colón to Saudi Riyal
Please provide values below to convert Salvadoran Colón [SVC] to Saudi Riyal [SAR], or Convert Saudi Riyal to Salvadoran Colón.
How to Convert Salvadoran Colón to Saudi Riyal
1 SVC = 2.33049466666667 SAR
Example: convert 15 SVC to SAR:
15 SVC = 15 × 2.33049466666667 SAR = 34.95742 SAR
Salvadoran Colón to Saudi Riyal Conversion Table
| Salvadoran Colón | Saudi Riyal |
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Salvadoran Colón
The Salvadoran Colón (SVC) was the official currency of El Salvador until 2001, used as the country's monetary unit for everyday transactions.
History/Origin
Introduced in 1892, the Salvadoran Colón replaced the peso and was used until 2001, when El Salvador adopted the United States dollar as its official currency. It was named after Christopher Columbus (Cristóbal Colón).
Current Use
The Salvadoran Colón is no longer in circulation; it was replaced by the US dollar in 2001 and is now obsolete, with no current use in transactions.
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.