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Posts tagged as “SR”

Saudi Government officially uveil the currency symbol for Saudi Riyals

The Kingdom of Saudi Arabia has officially unveil the symbol for the Saudi Riyals.

In a press release by Saudi Central Bank (SAMA);

The Custodian of the Two Holy Mosques, King Salman bin Abdulaziz Al Saud, approved today, February 20, 2025, the Saudi riyal symbol; a historic move that will reinforce the Saudi currency’s identity.

The Governor of the Saudi Central Bank (SAMA), H.E. Ayman M. Al-Sayari, extends his profound appreciation to the Custodian of the Two Holy Mosques, King Salman bin Abdulaziz Al Saud, and HRH Crown Prince and Prime Minister, Prince Mohammed bin Salman, for launching the Saudi riyal symbol.

Al-Sayari noted that this decision reinforces Saudi Arabia’s financial identity, locally, regionally, and internationally. He indicated that the implementation of the new symbol will be gradual for financial and commercial transactions, with coordination across all relevant entities.​​​

Saudi Riyal Symbol

The agency explained that “the Saudi riyal symbol, developed to the highest technical standards, embodies the Kingdom’s rich cultural heritage, carrying the name of our national currency “Riyal” in a design derived from Arabic calligraphy. The symbol will streamline the representation of the Saudi riyal in local, regional, and international contexts, making it suitable for use in referring to the Saudi riyal in all financial and commercial transactions.

Before the announcement of the Saudi Riyals symbol, SAR, SR or the Arabic equivalent ريال or الريال السعودي, is the one being used.