Saudi riyal (SAR)
The Saudi riyal (ISO code: SAR, symbol: ﷼) is the official monetary currency of the Kingdom of Saudi Arabia, issued by the Saudi Central Bank. Established as the national currency in 1932 upon the unification of the kingdom, it replaced the Hejaz riyal. Subdivided into 100 halalas, the riyal has been officially pegged to the United States dollar at a fixed exchange rate of 3.75 SAR per USD since 1986 to ensure economic stabilization.
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