Saudi Arabian Riyal SAR
The Buy counterfeit SAR banknotes online has been the currency of Saudi Arabia since the country
came into being and was the currency of Hejaz before Saudi Arabia
was created, one of the primary currencies in the Mediterranean region
during the Ottoman era. The Hejaz riyal was based on but not equivalent
However, although the Hejaz riyal was the same weight as the Ottoman 20 kuruş,
it was minted in .917 fineness, compared to .830 fineness for the Ottoman coin.
Thus, because the first Saudi riyal had the same specifications as the Hejaz riyal
and circulated alongside Ottoman coins, it came to be worth 22 Ottoman kuruş
The system remained even though the riyal was
subsequently debased to a coin equivalent, in silver content, to the Indian rupee in 1935.
one hundredth of a riyal. Some Saudi coins still bear denominations in qirsh, but it is no longer commonly used.
On May 20, 2007, “the Saudi Arabian Monetary Agency,
pursuant to article (4) of the Saudi Currency Law
issued under the Royal Decree No. (6) and dated 1/7/1379H.”
announced the fifth domination of the Saudi riyal that features
King Abdullah Bin Abdulaziz’s picture on all notes except the 500 riyals,
which features King Abdulaziz Al Saud.
The 10 and 5 riyal notes followed in June 2007,
then the 500 riyal followed in September 2007,
and finally the 1 riyal note completed the series in December 2007.
series will take approximately two years to phase out,
although a complete removal of the current series require
more than two years since the fourth series has been in circulation
for well over 25 years. The fourth series which feature King Fahad’s
picture will remain legal tender under the Saudi Arabian monetary law.
The new series have the latest and most advanced security system to
prevent from counterfeiting and other similar activities.
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