The Saudi Riyal is the official Currency of Saudi Arabia. It is an officially recognized currency throughout the country. The abbreviation of the Saudi Riyal is SR and is subdivided into 100 Halalas. The Saudi qirsh is 5 halalas. The Saudi Riyal was pegged officially against the U.S Dollar in the year 1986 and has fixed rate of 1 riyal = 0.266667 dollars since 2003. It briefly rose in the year 2007 and returned peg against U.S Dollar in December 2007. It is one of the mosttraded currencies in Asia as many Asians travel to the Middle East countries for various reasons ranging from business to tourism. Fxkart provides support for all your Saudi Arabian Riyals (SAR) Exchange Rates In Mumbai.
The word SR stands for Saudi Riyal and is the official currency throughout the country. It has a fixed rate against the U.S Dollar. It is generally denoted by the س.ر symbol within Saudi Arabia and SR or SAR in other regions of the world for convenient in usage. The Riyal is subdivided into Halalas. Foreignexchange traders commonly refer to the currency as the "Riyals". Make FxKart your goto partner for all your Saudi Arabian Riyals (SAR) Exchange in Mumbai and enjoy hasslefree transactions and have your currency delivered at your doorstep.
Mumbai being one of the most important international Travel Hubs in South Asia, it poses considerable amount of demand for foreign exchange requirements for various currencies including the Saudi Riyal. The general stability of Saudi’s Economic and political system makes it one among the most ‘indemand’ currencies in the Exchange Business Market. However, the rules regarding the exchange of foreign currencies are comparatively stringent in Saudi Arabia due.
People travelling from Mumbai to Saudi can get all the necessary information regarding SR including the live updates of the Rates through FxKart. FxKart not only provides facilities of exchanging INR to SR but also offers INR when you have an excess of SR after your travel and you intend to sell them. FxKart provides the best rates for Saudi Riyal Exchange in Mumbai.
Foreign exchange transactions are never something that travellers enjoy making. However, Fxkart is destined to give the travellers a sense of satisfaction through its seamless forex services.
With RBI authorised foreign currency dealers, unbeatable exchange rates and free transactions, Fxkart is bound to be the best choice for any Saudi Arabia bound traveller.
Fxkart’s wire transfer system allows customer to send money abroad after conversion from INR to SAR.
Besides, education remittances can also be initiated through our system.
We have two basic forex delivery options:
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