Convert Saudi Riyal to Dominican Peso
Please provide values below to convert Saudi Riyal [SAR] to Dominican Peso [DOP], or Convert Dominican Peso to Saudi Riyal.
How to Convert Saudi Riyal to Dominican Peso
1 SAR = 0.0621365014664214 DOP
Example: convert 15 SAR to DOP:
15 SAR = 15 × 0.0621365014664214 DOP = 0.932047521996321 DOP
Saudi Riyal to Dominican Peso Conversion Table
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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.
Dominican Peso
The Dominican Peso (DOP) is the official currency of the Dominican Republic, used for everyday transactions and financial exchanges within the country.
History/Origin
The Dominican Peso was introduced in 1947, replacing the Dominican Republic peso at a rate of 1 peso to 1 peso. It has undergone various reforms and decimalization over the years to stabilize the economy and modernize the currency system.
Current Use
Today, the Dominican Peso remains the official currency of the Dominican Republic, widely used in all sectors of the economy, with banknotes and coins circulating throughout the country and in international transactions involving the Dominican Republic.