In June 1986, the riyal was officially pegged to the IMF's special drawing rights (SDRs).

In practice, it is
fixed at 1 U.S. dollar = 3.75 riyals, which translates to approximately 1 riyal = 0.266667 dollar.[4][5] This
rate was made official on January 1, 2003.

1.00 USD = 3.75110 SAR

US Dollar Saudi Arabian Riyal

1 USD = 3.75110 SAR 1 SAR = 0.266588 USD

1 Saudi Riyal (SAR) =

0.9794 UAE Dirham (AED)

1 SAR = 0.9794 AED

1 AED = 1.0211 SAR

Saudi Riyal To UAE Dirham

100 SAR = 98 AED
250 SAR = 245 AED
500 SAR = 490 AED
2500 SAR = 2448 AED
5000 SAR = 4897 AED
7500 SAR = 7345 AED
25000 SAR = 24484 AED
1 million SAR = 979360 AED


3
Calculate how much money you'll have after the exchange. Multiply the money you've
budgeted by the exchange rate. The answer is how much money you'll have after the exchange. If
"a" is the money you have in one currency and "b" is the exchange rate, then "c" is how much
money you'll have after the exchange. So a * b = c, and a = c/b.

For instance, say you want to convert US dollars to Euros. At the time of this revision, 1
US dollar is worth 0.7618 Euro. Your exchange rate is 0.7618. If you're planning on
taking $1500 US dollars with you, you would multiply 1500 by 0.7618. The answer,
1142.7, is how much money you'll have in Euros after the exchange.
Here's an example of the "work backwards" method. Say that you know you'll need
20,000 Hungarian forints for your trip. You discover that 1 US dollar is equivalent to
226.43 forints. To figure out how many US dollars you would need to save at the current
exchange rate, divide 20,000 by 226.43. The answer, 88.33, is how many US dollars you
need to exchange.
Like most other rates in economics, the exchange rate is essentially a price and can be
analyzed in the same way we would a price. Take a typical supermarket price, say lemons
are selling at the price of 3 for a dollar or 33 cents each. Then we can think of the dollar-to-
lemon exchange rate as being 3 lemons because if we give up one dollar, we can get three
lemons in return. Similarly, the lemon-to-dollar exchange rate is 1/3 of a dollar or 33 cents,
because if you sell a lemon, you will get 33 cents in return.

So when we speak of an X-to-Y exchange rate of Z, this means that if we give up 1 unit of
X, we get Z units of Y in return. If we want to know the Y-to-X exchange rate, we calculate
it using the simple exchange rate formula:

Y-to-X exchange rate = 1 / X-to-Y exchange rate

Of course, the exchange rates we read in the paper or hear on radio or TV are not prices for
X and Y or for oranges and lemons. Instead they're relative prices for different currencies,
but they work in the same fashion. On February 26, 2003 the U.S.-to-Japan exchange rate
was 117 yen, so this means that you can purchase 117 Japanese yen in exchange for 1 U.S.
dollar. To figure out how many U.S. dollars you can get for 1 Japanese yen, we can just use
the formula:

Japan-to-U.S. exchange rate = 1 / U.S.-to-Japan exchange

rate

Japan-to-U.S. exchange rate = 1 / 117 = .00854

So this tells us that one Japanese yen is worth .00854 U.S. dollars, which is less than a
penny.

Similarly if the Canadian dollar is worth .67 U.S. dollars, we have a Canada-to-U.S
exchange rate of .67. If we want to know how many Canadian dollars we can buy with 1
U.S. dollar, we use the formula:

U.S.-to-Canada exchange rate = 1/Canada-to-U.S. Exchange

rate

U.S.-to-Canada exchange rate = 1/0.67 = 1.4925

So one U.S. dollar can get us $1.49 in Canadian funds.

To see why these relationships must hold, we'll look at the wonderful world of arbitrage.