KRW to SAR Exchange Rate - Convert South Korean Won to Saudi Arabian Riyal

Converting from South Korean Won (KRW) to Saudi Arabian Riyal (SAR)

What is South Korean Won (KRW)

The South Korean Won (KRW) is the official currency of South Korea. Introduced in 1953, it replaced the Korean yen after the Korean War. The symbol for the Korean Won is ₩, and it is subdivided into 100 jeon, though the jeon is rarely used today.

The currency is issued and regulated by the Bank of Korea, which is the central bank. The KRW operates in a floating exchange rate system, meaning its value is determined by market forces rather than a fixed rate. As South Korea is one of the world's leading economies, known for its advanced technology and manufacturing sectors, the KRW plays a significant role in international trade.

When converting from KRW to other currencies, the fluctuations in exchange rates can affect the amount received. For example, if you are planning to exchange KRW for Saudi Arabian Riyal (SAR), understanding the current conversion rate is essential. Exchange rates can be influenced by various factors such as interest rates, inflation, and economic stability.

What is Saudi Arabian Riyal (SAR)

The Saudi Arabian Riyal (SAR) is the official currency of Saudi Arabia. It was introduced in 1925 and is subdivided into 100 halal. The symbol for the Saudi Riyal is ر.س (or SAR), and it is widely used in both local and regional markets.

The Saudi Riyal is issued by the Saudi Arabian Monetary Authority (SAMA), which manages the kingdom's monetary policy and ensures the stability of the currency. Unlike the KRW, the SAR is pegged to the US dollar at a fixed rate, which helps maintain its value against foreign currencies. This peg has contributed to economic stability in Saudi Arabia, especially given the country's reliance on oil exports.

When converting SAR to other currencies, the fixed exchange rate with the US dollar allows for more predictable conversions. However, it is still essential to consider the current market dynamics and demand to get the best exchange rate available.

Converting KRW to SAR

To convert from South Korean Won to Saudi Arabian Riyal, one must look at the current exchange rate. The exchange can be expressed mathematically as:

Amount in SAR = Amount in KRW × Exchange Rate (KRW to SAR)

This simple formula allows individuals and businesses to calculate how much Riyals they will receive for a given amount of Won. It is advisable to check multiple financial platforms or banks for the best possible rates.

In conclusion, both the South Korean Won and the Saudi Arabian Riyal are important currencies in their respective regions. Understanding their characteristics and the conversion process is essential for anyone looking to exchange these currencies.

South Korean Won to Saudi Arabian Riyal conversion table

KRW to SAR conversion table

South Korean Won (KRW)Saudi Arabian Riyal (SAR)
1 KRW0.00256346695 SAR
2 KRW0.0051269339 SAR
3 KRW0.00769040085 SAR
4 KRW0.0102538678 SAR
5 KRW0.01281733475 SAR
6 KRW0.0153808017 SAR
7 KRW0.01794426865 SAR
8 KRW0.0205077356 SAR
9 KRW0.02307120255 SAR
10 KRW0.02563466951 SAR
100 KRW0.25634669505 SAR
200 KRW0.5126933901 SAR
300 KRW0.76904008516 SAR
400 KRW1.02538678021 SAR
500 KRW1.28173347526 SAR
600 KRW1.53808017031 SAR
700 KRW1.79442686537 SAR
800 KRW2.05077356042 SAR
900 KRW2.30712025547 SAR
1 000 KRW2.56346695052 SAR
2 000 KRW5.12693390105 SAR
5 000 KRW12.81733475262 SAR
10 000 KRW25.63466950525 SAR
20 000 KRW51.2693390105 SAR
50 000 KRW128.17334752624 SAR
100 000 KRW256.34669505248 SAR
Last updated April 2, 2025 at 11:59 PM