Convert Saudi Arabian Riyal to Ghanaian Cedi
Convert Saudi Arabian Riyal (SAR) to Ghanaian Cedi (GHS) 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 Ghanaian Cedi
The Ghanaian Cedi (GHS) was reintroduced in July 2007, replacing the old cedi at a rate of 10,000 old cedis to 1 new cedi, simplifying transactions and improving monetary management. Ghana was one of the first African countries to adopt a redenomination to address accumulated inflation. The Bank of Ghana manages monetary policy. Ghana is one of Africa's leading economies with significant exports of gold (the country's name historically derives from an ancient gold-trading empire), cocoa, oil, and timber.
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).