SAR to MYR - Convert Saudi Riyal to Malaysian Ringgit

Convert SAR to MYR using our currency converter with real exchange rate today

1 SAR = 1.248 MYR

1 MYR = 0.801 SAR

(Mid-market exchange rate)

Last updated Jul 22, 2024 10:24 GMT

SAR to MYR conversion chart

Below is the live and historical Saudi Riyal to Malaysian Ringgit rate chart so you can see today's rate - and how the rates have changed over time.

1 SAR = 1.248 MYR


1,000 Saudi Riyal to Malaysian Ringgit stats | SAR to MYR

Stat Last 7 days Last 30 days Last 90 days Last year Selected period on chart
High 1.25 1.259 1.274 1.279 1.259
Low 1.243 1.243 1.244 1.202 1.243
Average 1.246 1.253 1.257 1.253 1.253
Volatility 0.56% 1.29% 2.41% 6.41% 1.29%

What is the Saudi Riyal worth against the Malaysian Ringgit today?

1 SAR is worth 1.248 MYR today

How much is 1,000 SAR worth in MYR?

At the current exchange rate of 1.248 , a sum of 1,000 Saudi Riyal is worth 1,248 Malaysian Ringgit.

Which currency is stronger? SAR or MYR?

The Saudi Riyal is currently stronger than the Malaysian Ringgit given that 1 SAR is equal to 1.248 MYR. Conversely, 1 MYR is worth 0.801 SAR.

Overview of SAR to MYR Performance and Trends

Today, to buy 1,000 Saudi Riyal, you need 1,248 Malaysian Ringgit. On the same date last year, you needed 1,219 Malaysian Ringgit for 1,000 Saudi Riyal. This change indicates that the Saudi Riyal has become stronger against the Malaysian Ringgit by 2.46% over the past year.

The pair experienced moderate volatility of 6.41%.

Moderate volatility means there is a moderate risk of price changes. It represents a balance of potential gains and risks.

SAR to MYR Currency Performance and Volatility

Last 7 Days

  • Performance: ﷼1,000 varied between RM1.243 (weekly low) and RM1.25 (weekly high), a variance of RM0.007 .
  • Volatility: Fluctuated by 0.56%.

Last 30 Days

  • Performance: ﷼1,000 varied between RM1.243 (30-day low) to RM1.259 (30-day high), a variance of RM0.016 .
  • Volatility: Fluctuated by 1.29%.

Last 90 Days

  • Performance: ﷼1,000 varied between RM1.244 (90-day low) to RM1.274 (90-day high), a variance of RM0.03 .
  • Volatility: Fluctuated by 2.41%.

Last Year

  • Performance: ﷼1,000 ranged from RM1.202 (yearly low) to RM1.279 (yearly high), a variance of RM0.077 .
  • Volatility: Fluctuated by 6.41%.

SAR to MYR Forecast and trending

Is the Saudi Riyal going up or down against the Malaysian Ringgit?

Today's SAR to MYR exchange rate (1.248) is smaller compared to yesterday's rate (1.249).

Currency information

SAR - Saudi Riyal

The currency code for Saudi Riyal is SAR.

The SAR currency symbol is ﷼.

Minor unit: 1/100 = Halala

SAR rank by most traded currencies: 30

Avg proportion of daily world trade volume: 0.10%

SAR rank by strongest currencies (buying power): 35

The Saudi Riyal is the currency of 1 countries:
Saudi Arabia

MYR - Malaysian Ringgit

The currency code for Malaysian Ringgit is MYR.

The MYR currency symbol is RM.

Minor unit: 1/100 = Sen

MYR rank by most traded currencies: 32

Avg proportion of daily world trade volume: 0.10%

MYR rank by strongest currencies (buying power): 40

The Malaysian Ringgit is the currency of 1 countries:

More Malaysian Ringgit (MYR) information >

Understanding SAR to MYR Currency Exchange: Our Top Tips

Let's look at some practical information, ideas and tips to help you make sure you can get the most from your money when you convert Saudi Riyal to Malaysian Ringgit, to send a payment, for a trip overseas, when shopping online or to hold a balance in Malaysian Ringgit.

How to convert SAR to MYR?

You can convert Saudi Riyal to Malaysian Ringgit either in a physical location or online. If you choose to exchange money at a currency exchange store, bank or at the airport, you'll be given your Malaysian Ringgit in cash. Or, you can choose to convert digitally, to send a payment overseas for example.

If you're exchanging money in a physical location you'll usually need to take the following steps:

  • Choose an exchange service that suits your needs
  • Head there with the money in Saudi Riyal cash to exchange
  • Get a quote for the exchange rate and any commission or fee you need to pay
  • Hand over your money and receive your Malaysian Ringgit in cash

Exchanging your money digitally is often easier. As an example, here's how to send a payment overseas:

  • Choose an international payment service that suits your needs and head to their desktop site, or download their app
  • Tap Send Payment
  • Enter the amount in Saudi Riyal you want to send, or the amount in Malaysian Ringgit you want your recipient to get in the end
  • You'll be shown a quote for the exchange rate and any commission or fee you need to pay
  • Choose your preferred payment method, and follow the prompts to pay
  • Your money will be deposited to your recipient's bank account directly, in Malaysian Ringgit

How to get the best SAR to MYR exchange rate?

Because banks, currency exchange offices and international payment services all set their own exchange rates, you'll need to shop around a little to find the best SAR to MYR exchange rate for your specific transaction.

Get to know the SAR/MYR mid-market exchange rate using reputable currency conversion tools, so you'll be able to see how the market is trending. You can often set up rate alerts so the service you choose will send you a message when the SAR/MYR mid-market exchange rate hits your preferred level. Once you see a rate you like, act fast to complete your transaction before markets move again.

Another smart option is to open a multi-currency account which lets you hold a selection of major world currencies, often including Saudi Riyal and Malaysian Ringgit. This can be helpful if you transact internationally often, live overseas, receive payments from abroad, invest in diverse markets or even if you simply love to shop online with international retailers. Because you can hold a balance in the currency or currencies of your choice, there's no need to convert from one currency to another unnecessarily - you can wait until exchange rates are favorable to avoid losing out.

How to buy Saudi Riyal with Malaysian Ringgit?

You'll be able to exchange Malaysian Ringgit to Saudi Riyal in the same way as you'd exchange Saudi Riyal to Malaysian Ringgit. If you have Malaysian Ringgit in your pocket in cash, you can take them along to a currency exchange service and ask if they'll buy back in exchange for Malaysian Ringgit. Be aware that the exchange rate might not be great - so coming back from a trip with as little foreign cash as possible is a smart plan.

On the other hand, if you hold Saudi Riyal in a bank or specialist provider account, you'll be able to take advantage of online currency exchange services which can often offer fast, efficient and good value conversion which uses a better rate than a bank would.

Where to exchange SAR to MYR?

You can exchange currencies in person at a currency exchange store, bank or airport, or use an online service instead. It's helpful to know that in person currency exchange options can offer a pretty poor deal overall, as exchange rates commonly include a markup - an extra fee. If you're exchanging somewhere with little local competition - like at an airport or hotel, for example - the chances are that the rate you get will be even worse.

A good alternative is to open a multi-currency account which lets you hold and exchange currencies digitally - and if you pick an account which also offers a linked debit card, you can make ATM withdrawals at home and abroad whenever you need cash. Digital specialist services can often offer a better exchange rate with lower overall costs compared to using your bank or exchanging cash in person - plus they're intuitive to use and let you manage your money with just your phone.

Frequently asked questions when converting Saudi Riyal to Malaysian Ringgit (SAR to MYR)

How much is the Saudi Riyal to Malaysian Ringgit?

The Saudi Riyal to Malaysian Ringgit exchange rate today is 1.248 . Use this guide to learn more about exchanging SAR to MYR in the easiest and best value way for your specific needs.

How much is 1,000 Saudi Riyal to the Malaysian Ringgit?

The SAR to MYR rate today is 1.248 . That means that 1,000 Saudi Riyal would be worth 1,248 Malaysian Ringgit.

How to exchange Saudi Riyal to Malaysian Ringgit?

Exchange SAR to MYR in person at a bank, currency exchange store or airport - or for a better exchange rate and to avoid standing in line in a physical store, use a digital service. Online currency exchange services are safe, intuitive and easy to use, to send payments internationally, or hold and exchange multiple currencies including SAR to MYR.

How to send money to Malaysia?

If you want to send money from Saudi Arabia - or anywhere else in the world - to Malaysia, you'll be able to do so through your bank or an online specialist service like Wise. Specialist international money transfer services can often offer better exchange rates and lower overall costs for payments to Malaysia - plus, you'll be able to get everything arranged with just your laptop or phone.

What is the Mid-Market Rate?

The mid-market exchange rate is the rate that banks and currency exchange services get when they buy and sell currencies like Malaysian Ringgit and Saudi Riyal on wholesale markets. It's an important benchmark you can use to measure whether the exchange rate you're offered by a bank or exchange service is fair.

Usually banks and exchange services add a percentage margin - known as a markup - to the exchange rate they get themselves. But this markup can vary a lot, and in some cases pushes up the cost of currency exchange significantly. Learning about the mid-market rate and monitoring it can mean you get a better deal when you exchange currencies.

Get the live Saudi Riyal to Malaysian Ringgit exchange rate with our handy tools, to help you compare your options.

Why trust us?

We take reader trust seriously. At Currency Live we're working to help our readers learn more about currency exchange so they can avoid the common pitfalls and make more of their money. Here's why you can trust us to do just that:>

Expertise and Transparency by our partnership with Wise

Our partnership with Wise reinforces our commitment to delivering transparent and reliable financial insights and aiding more than millions of monthly users in their money transfers. We already have a billion impressions and over a million yearly visitors who benefit from the depth of insight and actionable tips we can provide them.

Broad market scope

At Currency Live we cover all of currency pairs, with rates which are refreshed in real time so you'll know the details you're reading are accurate, extensive and live.

Reliable Market Analysis

Our market analysis and currency news are up-to-date, researched and presented in an easy-to-understand format. This ensures you get accurate and actionable information, without any unnecessary complexities.

Commitment to Accurate Currency Information

Currency Live was built by currency exchange experts with over 10 years experience, and we are proud to dedicate ourselves to providing essential and current information, aiding users with valuable insights for currency conversion and financial decision-making.