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 KRW0.00261494518 SAR
2 KRW0.00522989036 SAR
3 KRW0.00784483554 SAR
4 KRW0.01045978072 SAR
5 KRW0.0130747259 SAR
6 KRW0.01568967109 SAR
7 KRW0.01830461627 SAR
8 KRW0.02091956145 SAR
9 KRW0.02353450663 SAR
10 KRW0.02614945181 SAR
100 KRW0.26149451809 SAR
200 KRW0.52298903619 SAR
300 KRW0.78448355428 SAR
400 KRW1.04597807237 SAR
500 KRW1.30747259046 SAR
600 KRW1.56896710856 SAR
700 KRW1.83046162665 SAR
800 KRW2.09195614474 SAR
900 KRW2.35345066284 SAR
1 000 KRW2.61494518093 SAR
2 000 KRW5.22989036186 SAR
5 000 KRW13.07472590465 SAR
10 000 KRW26.14945180929 SAR
20 000 KRW52.29890361858 SAR
50 000 KRW130.74725904646 SAR
100 000 KRW261.49451809292 SAR
Last updated April 24, 2025 at 11:59 PM