Convert Saudi Riyal to Iraqi Dinar
Please provide values below to convert Saudi Riyal [SAR] to Iraqi Dinar [IQD], or Convert Iraqi Dinar to Saudi Riyal.
How to Convert Saudi Riyal to Iraqi Dinar
1 SAR = 0.00286335475529923 IQD
Example: convert 15 SAR to IQD:
15 SAR = 15 × 0.00286335475529923 IQD = 0.0429503213294885 IQD
Saudi Riyal to Iraqi Dinar Conversion Table
| Saudi Riyal | Iraqi Dinar |
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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.
Iraqi Dinar
The Iraqi Dinar (IQD) is the official currency of Iraq, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Iraqi Dinar was introduced in 1932, replacing the Indian Rupee, and has undergone various redenominations and reforms, especially following periods of economic instability and conflict.
Current Use
Today, the IQD is the official currency of Iraq, used in all financial transactions, with the Central Bank of Iraq managing its issuance and regulation.