Convert Indian Rupee to Saudi Riyal
Please provide values below to convert Indian Rupee [INR] to Saudi Riyal [SAR], or Convert Saudi Riyal to Indian Rupee.
How to Convert Indian Rupee to Saudi Riyal
1 INR = 23.0366133333333 SAR
Example: convert 15 INR to SAR:
15 INR = 15 × 23.0366133333333 SAR = 345.5492 SAR
Indian Rupee to Saudi Riyal Conversion Table
| Indian Rupee | Saudi Riyal |
|---|
Indian Rupee
The Indian Rupee (INR) is the official currency of India, used for everyday transactions and financial exchanges within the country.
History/Origin
The Indian Rupee has a history dating back to ancient India, where it was used as a silver coin. It was formally adopted as the official currency during British rule and has evolved through various denominations and reforms to its current form.
Current Use
Today, the INR is widely used across India for all forms of monetary transactions, both cash and digital, and is managed by the Reserve Bank of India. It is also accepted in some neighboring countries and is a recognized currency in international trade.
Saudi Riyal
The Saudi Riyal (SAR) is the official currency of Saudi Arabia, used for all monetary transactions within the country.
History/Origin
The Saudi Riyal was introduced in 1925, replacing the Indian Rupee, and has undergone various reforms, including decimalization in 1929. It is issued and regulated by the Saudi Central Bank.
Current Use
The SAR is widely used in Saudi Arabia for everyday transactions, banking, and international trade, and is pegged to the US dollar at a fixed rate.