Convert Saudi Arabian Riyal to Algerian Dinar
Convert Saudi Arabian Riyal (SAR) to Algerian Dinar (DZD) using daily updated exchange rates.
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Exchange Rate
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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.
About Algerian Dinar
The Algerian Dinar (DZD) has been the official currency of Algeria since 1964, replacing the Algerian franc used during the French colonial period. The Banque d'Algerie manages monetary policy. Algeria is the largest country in Africa by land area and holds significant hydrocarbon reserves - oil and natural gas account for the majority of government revenues and export earnings. The dinar operates under a managed float exchange regime and is not freely convertible. Algeria has used foreign exchange controls and import restrictions to manage its balance of payments.
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).