Convert Australian Dollar to Saudi Arabian Riyal
Convert Australian Dollar (AUD) to Saudi Arabian Riyal (SAR) using daily updated exchange rates.
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Exchange Rate
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About Australian Dollar
The Australian Dollar (AUD), nicknamed the "Aussie", was introduced on 14 February 1966 when Australia decimalised its currency, replacing the Australian pound at two dollars to the pound. It is the fifth most traded currency in global foreign exchange markets, reflecting Australia's status as a major commodity exporter - particularly iron ore, coal, and gold. The Reserve Bank of Australia manages monetary policy. The AUD is also legal tender in several Pacific island nations including Kiribati, Nauru, and Tuvalu.
About Saudi Arabian Riyal
The Saudi Arabian Riyal (SAR) is the official currency of Saudi Arabia, the world's largest exporter of petroleum and home to ARAMCO - the world's most profitable company by revenue. The riyal has been pegged to the US Dollar at 3.75 SAR per USD since 1986, one of the most durable currency pegs in the world, supported by Saudi Arabia's vast oil revenues and the world's second largest foreign exchange reserves. The Saudi Central Bank (SAMA - Saudi Arabian Monetary Authority) manages the peg. The riyal is divided into 100 halalas.
Quick Reference Table
| Australian Dollar (AUD) | Saudi Arabian Riyal (SAR) |
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Exchange rates are updated daily and provided for informational purposes only. Not suitable for financial transactions. Source: fawazahmed0/exchange-api (MIT license).