Saudi Riyal to GMD — SAR to GMD
SAR to GMD Converter
SAR/GMD Rate — Last 30 Days
SAR dipped 0.21% this week — minor weakness, within normal market noise.
The 7-day and 30-day averages are very close — SAR/GMD is consolidating without a clear directional bias. Watch for a breakout from this range.
The rate is in the bottom 20% of its 30-day range — bearish short-term positioning. Watch if it holds support or breaks to a new low.
RSI above 50 means buyers are in control over the recent period. At 56, momentum is moderately bullish — not extreme, suggesting the trend has room to continue without being overextended.
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Rate Statistics
| Period | High | Low | Average |
|---|---|---|---|
| 7 days | 19.8789 | 19.8381 | 19.8514 |
| 30 days | 20.0955 | 16.4529 | 19.8219 |
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Historical SAR/GMD Rates by Year
What drives the SAR/GMD rate?
Whether you're converting SAR for travel, business, or investment, here's what drives the SAR to GMD exchange rate. The SAR/GMD exchange rate is determined by supply and demand in global currency markets, influenced by interest rate decisions from both central banks, economic data releases, inflation figures, and broader risk sentiment in financial markets. Trade flows between the two countries or regions also play an important role in long-term rate direction.
How to get the best SAR to GMD rate
The rate shown above is the interbank mid-market rate — the real exchange rate used between financial institutions. Individual customers cannot access this rate directly. Banks typically add a 2–3% spread on top, meaning you receive significantly less than the rate shown.
Online transfer services like Wise offer rates very close to the interbank rate with a small transparent fee of 0.5–1%. On a $1,000 SAR exchange this typically saves $15–25 compared to a bank. Airport exchange booths charge the highest fees — often 5–8% above the interbank rate — and should be avoided for large amounts.