Saudi riyal to Indian rupee
Millions of Indians work in Saudi Arabia and send riyals home every month. See today’s rate and how it has moved.
A fixed link to the dollar
Saudi Arabia has held the riyal at 3.75 to the US dollar since 1986. The riyal–rupee rate therefore equals the dollar–rupee rate divided by 3.75, and moves only when the rupee moves against the dollar. Oil prices matter twice: they shape Saudi Arabia’s economy and jobs, and they drive India’s import bill and the rupee.
Questions
How can I get more rupees for my riyals?
Compare the rupees delivered, not the advertised rate, across banks, exchange companies and apps. Sending larger amounts less often usually reduces the fee per riyal.
Will the riyal peg change?
Saudi authorities have repeatedly reaffirmed the peg, and it has held through several oil price crashes. No peg is guaranteed forever, but a change is not expected.
Is this the rate I will get?
It is the mid-market rate. Providers add a small margin.