Convert Czech Koruna to Saudi Arabian Riyal
Convert Czech Koruna (CZK) to Saudi Arabian Riyal (SAR) using daily updated exchange rates.
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Exchange Rate
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About Czech Koruna
The Czech Koruna (CZK) became the sole currency of the Czech Republic on 8 February 1993, following the peaceful dissolution of Czechoslovakia - the "Velvet Divorce" - and the separation from the Slovak Koruna. The word "koruna" means "crown". The Czech National Bank manages monetary policy with an inflation-targeting regime. The Czech Republic has been an EU member since 2004 but has not yet adopted the Euro, retaining its own currency as a matter of national policy. The Czech economy is highly industrialised with a strong automotive, machinery, and electronics manufacturing base.
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
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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).