Compare the best Saudi riyal buyback rates and exchange Saudi riyals to pounds
You receive £189.00 | Buyback rate 5.0929 | Estimated postage £7.35 | Sell Now | |
Currency Online Group ❯ | ||||
You receive £187.25 | Buyback rate 5.1387 | Estimated postage £7.35 | Sell Now | |
The Currency Club ❯ | ||||
You receive £187.25 | Buyback rate 5.1387 | Estimated postage £7.35 | Sell Now | |
Sterling ❯ | ||||
You receive £187.21 | Buyback rate 5.1399 | Estimated postage £7.35 | Sell Now | |
Travel FX ❯ | ||||
You receive £186.07 | Buyback rate 5.17 | Estimated postage £7.35 | Sell Now | |
ACE-FX ❯ | ||||
You receive £175.27 | Buyback rate 5.4758 | Estimated postage £7.35 | Sell Now | |
Manor FX ❯ |
It's easy to sell your leftover Saudi riyals online. Use our Saudi riyal buyback comparisons to find the best deal, then follow the link to the buyer's website to place your order online and lock-in your buyback rate. You'll need to decide whether to post your Saudi riyals to the buyer, or try searching for a store near you so you can exchange your Saudi riyals in person.
Securely package your Saudi riyals and post it to the buyer using Royal Mail Special Delivery which is fully tracked and insured. Once the buyer has received your package they'll pay you by bank transfer within one working day.
Use our store finder to search for your nearest currency exchange, then simply take your Saudi riyals to the store to sell over the counter. You'll save on postage fees, but availability varies by location and you'll have fewer deals to choose from compared to selling by post.
Currency Online Group are offering the best Saudi riyal buyback rate right now at 5.0929. At this rate, 1 Saudi riyal is worth £0.20. You'll need to place your order online to get this rate which is based on a comparison of 6 foreign exchange companies and assumes you were selling 1000 Saudi riyals by post.
It can be difficult to exchange leftover Saudi riyal coins. Banks and foreign exchange companies don't generally accept coins because they're expensive to process and transport, so your options for exchanging any leftover shrapnel back into pounds can be limited:
Over the past 30 days, the Saudi riyal buyback rate has risen 0.53% from 5.0929 on 4 Sep to 5.1199 today. This means Saudi riyals can be exchanged for more pounds today compared to a month ago. Right now, SR 1000 is worth approximately £195.32 which is £1.04 more than you'd have got on 4 Sep.
These are the average Saudi riyal buyback rates taken from our panel of UK travel money providers at the end of each day. You can explore this further on our Saudi riyal to British pound currency chart.
No, you'll get more for your Saudi riyals if you sell when the Saudi riyal buyback rate is low. This is due to a quirk of how British currency providers display their buyback exchange rates.
When you buy Saudi riyals, the exchange rate you get is the amount of Saudi riyals you'll receive for every pound that you spend, so for example a rate of 5.0929 means you'd get SR 5.0929 for each £1 that you spend. You can calculate the total amount of Saudi riyals you'd receive for a given amount of sterling by simply multiplying the sterling amount by the exchange rate.
When it comes to selling Saudi riyals, the buyback rate is expressed in terms of how many Saudi riyals you'd need to sell in order to get £1, so a buyback rate of 5.0929 means you'd need to sell SR 5.0929 to get £1. To calculate the sterling value of a given amount of Saudi riyals, you need to divide the Saudi riyal amount by the buyback rate. Since you're dividing by the buyback rate, a lower buyback rate means you'd get more sterling compared to a higher buyback rate.
One Saudi riyal (SR) can be subdivded into 100 halalas. There are six denominations of Saudi riyal banknotes in frequent circulation: SR 1, SR 5, SR 10, SR 50, SR 100 and SR 500; and seven coins: 1 halalah, 5 halalas, 10 halalas, 25 halalas, 50 halalas, SR 1 and SR 2.
The current series of Saudi riyal banknotes, issued by the Saudi Arabian Monetary Authority in 2007, is known as the 'Sixth Issue' or 'SAMA series'. The designs on these banknotes feature a combination of iconic landmarks, cultural symbols, and portraits of past Saudi Arabian kings. For instance, the SR 1 note showcases the image of King Abdulaziz Al Saud, the founder of Saudi Arabia, alongside an illustration of the Saudi Arabian flag. The SR 5 note depicts an image of King Fahd Bin Abdulaziz Al Saud, while the SR 10 note features King Abdullah Bin Abdulaziz Al Saud. The higher denominations; SR 50, SR 100 and SR 500, showcase architectural landmarks like the Al-Masmak Fortress, Al-Diriyah Palace, and the King Abdulaziz Center for World Culture.
Denomination | Sterling equivalent |
---|---|
SR 1 | £0.20 |
SR 5 | £0.98 |
SR 10 | £1.96 |
SR 50 | £9.82 |
SR 100 | £19.64 |
SR 500 | £98.18 |
Denomination | Sterling equivalent |
---|---|
1 halalah | £0.002 |
5 halalas | £0.01 |
10 halalas | £0.02 |
25 halalas | £0.05 |
50 halalas | £0.10 |
SR 1 | £0.20 |
SR 2 | £0.39 |