Use this chart to see how the Saudi riyal is performing against the euro in real time. It helps whether you are planning a transfer today or simply keeping track of market trends.
Here's how the SAR to EUR rate has moved over the past year:
SAR stays close to the dollar, which means this pair is mainly driven by whatever is happening with the euro. European data, central bank messaging, and broader market sentiment tend to guide the direction of SAR to EUR, sometimes producing noticeable swings through the week.
Updates from across the eurozone can move the euro quite quickly. Things like inflation data, jobs figures, or spending numbers often catch the market by surprise. The European Central Bank adds to this, since comments about future policy tend to shift expectations and can move the currency sharply.
SAR mirrors the dollar, so if the dollar strengthens or weakens significantly, SAR will follow. This can affect the pair even when nothing changes on the European side.
Energy income plays a big part in the Saudi economy, so periods of stronger oil prices often create more activity around the region. When that happens, companies sometimes choose to make euro payments at different times, which can influence the short term demand for the currency.
The euro reacts strongly to global market sentiment. During periods of uncertainty, investors tend to move funds quickly, which can cause the euro to weaken or strengthen faster than usual. These changes show up immediately in SAR to EUR pricing.
A strong SAR to EUR rate can make a noticeable difference when transferring for property, tuition, or business costs. We offer:
Yes. The euro is more volatile than SAR, so this pair can shift throughout the day.
SAR follows the dollar. The euro floats freely, so eurozone news drives most of the movement.
Yes. Forward contracts allow you to fix a rate for a future transfer.
Sometimes. Strong energy prices can lift confidence in the Gulf region.