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For access to your online account please contact your personal account manager, alternatively email hello@currencyflow.com
For access to your online account please contact your personal account manager, alternatively email hello@currencyflow.com
Use this chart to follow how the euro is performing against the Saudi riyal. It is helpful for timing transfers or reviewing market activity.
Here's how the EUR to SAR rate has moved over the past year:
Movement in this pair mostly comes from the euro, because SAR generally tracks the dollar. This means changes in the eurozone, whether it is new economic data, comments from the European Central Bank, or shifts in market sentiment, often show up quickly in the EUR to SAR rate.
The euro often reacts quickly to updates from across Europe. When the numbers are strong in areas like manufacturing or employment, the currency can gain ground, and softer figures can pull it lower. Markets also pay close attention to the European Central Bank, since even brief comments about policy can move the euro quite fast.
Because SAR stays anchored to the dollar, any large swings in the dollar can be felt in the EUR to SAR rate. If the dollar strengthens across global markets, SAR effectively strengthens with it.
Payments between Europe and Saudi Arabia vary throughout the year. When companies settle contracts, fund projects, or repatriate revenue, banks may see higher demand for one currency, which can lead to short term rate movement.
The euro often behaves like a barometer for market confidence. In risk averse periods, it may weaken, while confidence can help it rebound. These shifts filter directly into EUR to SAR pricing.
Whether you are handling a personal payment or managing business costs, getting a fair rate on your EUR to SAR transfer can make a real difference.
Yes. The euro is quite reactive, so the rate can shift through the week.
SAR mirrors the US dollar, keeping volatility low on the Saudi side.
Yes. Forward contracts allow you to lock in a rate for future use.
Indirectly. Strong oil prices can boost regional confidence, which sometimes influences flows.
