The live euro-to-Saudi-riyal rate, updated every minute. Book EUR→SAR with SummitFX on WhatsApp — same-day SAR settlement when you transact during the European trading day.
Use the tabs to view the last week, month, year, or five years of daily closing rates. The shaded band shows the high-low range for the period — a quick visual read on volatility.
Type in either box — enter a EUR amount to see what you'd get in SAR, or enter a target SAR amount to see how many euros you'd need. Calculated at the live mid-market rate shown above.
Note: The rate shown is the live mid-market rate. Your actual executable rate includes a small spread — typically 0.5–0.9% at SummitFX vs 2–4% at a UK high street bank. We'll always show the full breakdown before you book.
EUR/SAR moves on EUR/USD dynamics because the Saudi riyal is pegged to the US dollar at 3.75 SAR per USD. The peg has held since 1986, defended by the Saudi Central Bank (SAMA) through reserves management and Fed-aligned monetary policy. In practice, SAR rarely deviates from its USD-derived value by more than a few basis points, so EUR/SAR effectively reflects EUR/USD movements — eurozone and US economic data, ECB versus Fed policy, and global risk sentiment dominate.
European Central Bank policy: The ECB sets eurozone interest rates (deposit rate 2.0% in early 2026). The ECB-Fed policy gap is the dominant driver of EUR/SAR (because SAR tracks USD). When the ECB tightens relative to the Fed, EUR strengthens against SAR and vice versa.
Eurozone HICP: Harmonised inflation drives ECB rate expectations. Hot CPI prints support EUR by raising rate-hold expectations; soft prints weaken it. EUR/SAR moves on EUR data because SAR is passively driven by USD.
German and French data: The two largest eurozone economies disproportionately drive the euro. German ZEW, Ifo, and industrial production prints, plus French PMIs, are the most-watched eurozone indicators for EUR/SAR.
Eurozone sovereign spreads: Bund-BTP, Bund-OAT, and Bund-Bono spreads signal eurozone fragmentation risk. Widening spreads tend to weaken EUR against most currencies including SAR.
EU political risk: Elections in major member states, fiscal-rule disputes, and anything that threatens eurozone cohesion adds a risk premium. EU-specific stress tends to push EUR/SAR lower as EUR weakens.
USD peg dynamics: SAR is pegged to USD at 3.75 — the dominant factor in any SAR cross. Anything that moves USD also moves SAR by default. The peg has held continuously since 1986 and SAMA defends it actively through FX reserves and monetary policy alignment with the Fed.
Federal Reserve policy: Because SAMA maintains the USD peg, Saudi monetary policy effectively imports Fed policy. SAMA tends to mirror Fed rate decisions to preserve the peg. Fed rate decisions, FOMC statements, and the dot plot all directly affect SAR rates and the riyal's USD-derived movements against EUR.
Oil prices: Saudi Arabia is the world's largest oil exporter and the de facto leader of OPEC+. While the USD peg insulates SAR from short-term oil moves, sustained oil price changes affect SAMA's reserves and the long-term sustainability of the peg. In practice, the peg is rarely questioned.
SAMA FX reserves: The Saudi Central Bank's foreign exchange reserves are the technical mechanism for maintaining the USD peg. Major reserve drawdowns can occasionally raise speculation about peg sustainability, though such episodes are rare.
Vision 2030 capital flows: Saudi Arabia's Vision 2030 economic transformation programme generates significant capital flow — both inward (foreign investment, megaprojects like NEOM, The Line, Red Sea Project) and outward (PIF deployment globally, including major European stakes). These flows affect SAR/USD dynamics within the peg band.
The EU and Saudi Arabia have an economically significant relationship driven by Saudi oil exports, EU machinery and goods exports, and increasingly by Vision 2030 megaproject collaboration. Bilateral trade is worth around €60 billion annually, with EU exports including German and French automotive, machinery, pharmaceuticals, and luxury goods, and Saudi exports dominated by petroleum products. Beyond trade, Saudi sovereign investment (PIF) holds substantial European assets — including major stakes in European luxury houses, infrastructure, and football clubs (Newcastle United is UK-listed but PIF activity extends across Europe). European engineering, construction, and consultancy firms have major operations on Vision 2030 megaprojects, generating recurring EUR-SAR flow.
EUR→SAR settles via SWIFT through our Saudi correspondent. Saudi Arabia is 2-3 hours ahead of the UK, and the Saudi banking week runs Sunday through Thursday. This means Friday and Saturday in Europe are non-settlement days for SAR despite some European markets being open on Friday.
Three things most commonly cause EUR→SAR transfers to slip past same-day:
Late EUR funding. Our cutoff is 14:00 UK time for same-day SAR release. Saudi banks generally close around 16:00 local time (13:00-14:00 UK in winter, 12:00-13:00 in summer), so European afternoon bookings can miss it. Bookings after 14:00 settle on the next Saudi business day. SEPA Instant funding is recommended for late-day bookings.
Saudi-European weekend mismatch. Saudi banks operate Sunday-Thursday; European banks operate Monday-Friday. This means EUR bookings on Friday afternoon won't settle in Saudi until Sunday, and Saudi-side instructions on Friday/Saturday won't process until European banks reopen Monday. Plan transfers around this calendar mismatch.
AML and source-of-funds review. Saudi banks apply rigorous AML and source-of-funds checks, particularly for new beneficiary relationships, larger amounts, or business-related transfers. Standard delays are 30 minutes to 2 hours; longer reviews can occur for first-time large transfers, especially those linked to Vision 2030 project payments.
For business-related SAR payments and large personal transfers, we recommend booking the day before to allow buffer for both AML review and the Saudi-European weekend mismatch. Forward contracts work well for ongoing supplier payments or executive compensation arrangements with Saudi entities.
EUR/SAR is the corridor for eurozone residents and businesses with meaningful Saudi-riyal obligations, plus anyone with Saudi business interests, expat employment, or property exposure. Common use cases:
European companies engaged in Saudi megaprojects (NEOM, The Line, Red Sea Project, Qiddiya, Diriyah) paying local suppliers, subcontractors, or joint venture partners in SAR. German engineering, French construction (Bouygues, Vinci), Italian infrastructure, and Spanish renewables firms generate substantial EUR-SAR flow on these contracts.
European professionals working in Saudi Arabia (oil and gas, banking, healthcare, education, consultancy) regularly converting EUR savings into SAR for living costs, or sending EUR from European family for accommodation, schooling, and other expenses. The reverse — repatriating SAR salary to EUR — is also common.
European luxury houses (LVMH, Hermès, Richemont, Kering) receiving SAR revenue from Saudi sales — Saudi luxury consumer demand has grown substantially since Vision 2030 reforms. Repatriating SAR receipts to EUR at broker spreads makes a meaningful margin difference, particularly given the volumes involved.
Saudi Arabia has gradually opened its property market to expat buyers under specific visa categories. European buyers purchasing residential or investment property in Riyadh, Jeddah, Eastern Province, or new Vision 2030 developments. Forward contracts protect deal economics from currency moves.
European pensioners with Saudi tax residence, or dual European-Saudi citizens managing European pension drawdown alongside Saudi residence. Regular conversions of EUR pension income into SAR for living costs.
European consultancies, law firms, engineering firms, and financial advisers invoicing Saudi clients in SAR. Vision 2030 has driven huge growth in this corridor as Saudi entities engage European expertise on megaprojects, banking sector reform, and economic diversification.
You can convert euros to Saudi riyals through your bank, through a transfer app, or through a broker. SAR is less commonly handled by retail FX apps, which means broker access and competitive pricing are particularly valuable for this corridor.
Everything clients typically ask about sending euros to Saudi riyals. Still have questions? Message us on WhatsApp — a real dealer, not a bot, will reply.
The Saudi riyal is officially pegged to the US dollar at 3.75 SAR per USD, a peg that has held continuously since 1986. The Saudi Central Bank (SAMA) defends this peg through FX reserves and by aligning Saudi monetary policy with the Fed. In practice this means EUR/SAR moves almost entirely on EUR/USD dynamics — when the dollar strengthens against the euro, the riyal strengthens with it.
We never forecast — but the chart above puts today's rate in context. Because SAR tracks USD, the question is really about EUR/USD direction. If EUR/SAR is near its 30-day high, you're getting more riyals per euro than the monthly average. Rate alerts let you set a target and wait passively.
European and Saudi banks typically mark up EUR/SAR by 2–4% for retail customers — often higher than for the major majors because SAR is less commonly traded by retail FX apps. SummitFX spreads are 0.5–0.9% depending on size. On a €500,000 corporate transfer that's a saving of €10,000–€17,500.
Book and fund by 14:00 UK time on a business day and SAR typically lands in your beneficiary's Saudi account the same Saudi business day. Note the Saudi banking week runs Sunday-Thursday, so bookings on Friday won't settle in Saudi until Sunday.
Yes. A forward contract fixes today's rate for delivery up to 24 months ahead. You pay a deposit (typically 5–10% of the trade) upfront and settle the balance at delivery. Common for European firms with scheduled Vision 2030 project payments, expat compensation arrangements, or recurring supplier payments.
No hard minimum — we handle trades from €500 to €5m+. Below around €5,000 the spread widens slightly to cover fixed execution costs. For recurring expat salary repatriation or family support payments, market orders or standing arrangements work better than ad-hoc bookings.
The rate shown on Google, XE, or the chart above is the mid-market rate — the midpoint of interbank buy and sell quotes. Nobody gets exactly that rate; providers add a margin. Banks typically 2–4%, Wise and other apps often 0.7–1.0% on this less-liquid pair, SummitFX 0.5–0.9% — with our clients also getting a named dealer and WhatsApp access.
Saudi banks operate Sunday-Thursday while European banks operate Monday-Friday. This means Friday afternoon European bookings won't settle in Saudi until Sunday. Conversely, Saudi-side instructions on Friday/Saturday won't process until European banks reopen Monday. We always confirm the actual settlement date when you book — there are no surprises.
Message us on WhatsApp and we'll have a live executable rate back in seconds.