Exchange Saudi Arabian Riyals to Moroccan Dirhams, without waiting thanks to Global Exchange
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What you need to know about the currency Moroccan Dirham
The Saudi riyal is the official currency of the Kingdom of Saudi Arabia. Its ISO 4217 code is SAR and its symbol is ﷼ (also abbreviated as SR or ر.س). It is issued by the Saudi Central Bank (SAMA), founded in 1952. The name "riyal" derives from the Spanish "real", an ancient silver coin with international circulation.
SAMA issues banknotes in denominations of 1, 5, 10, 50, 100 and 500 riyals. Their designs include the Grand Mosque, the Prophet's Mosque, the Mecca Clock Tower and the national emblem. Several banknotes also feature a portrait of the reigning king.
The riyal is subdivided into 100 halalas. Coins in circulation are 5, 10, 25, 50 and 100 halalas. They are minted by SAMA and feature on their obverse the national emblem: two crossed swords and a palm tree, a symbol of the kingdom's sovereignty.
The Saudi riyal was officially established in 1925, when King Abdelaziz ibn Saud unified the Hejaz and Nejd. Since 1986, the SAR has maintained a fixed exchange rate of 3.75 SAR per 1 USD, one of the most stable monetary parities in the world.
In Saudi Arabia, the "riyal" symbolises prosperity and generosity, values deeply rooted in Bedouin culture. At weddings and celebrations, it is customary to give envelopes containing banknotes. The country is also one of the world's largest senders of remittances, with millions of foreign workers sending money to their home countries.
What do the banknotes/coins look like?
Front part
*The banknotes and coins correspond to the newest issued series and are for reference. Colours may vary and there may be more designs than those shown.
Any questions? We will answer them for you:
What is the exchange rate from Moroccan dirham to Saudi riyal?
Currency exchange rates fluctuate and vary daily. You can check the current dirham to Saudi riyal exchange rate using our currency converter on the website or directly at any of our currency exchange offices in Morocco. To get the best exchange rate, we recommend booking your currency exchange online in advance and collecting your Saudi riyals on your travel day.
Do you charge a commission for exchanging Moroccan dirham to Saudi riyal?
We do not charge any currency exchange commission on any of our transactions. Only the current exchange rate at the time of your currency exchange transaction will apply. Remember that when you book your Saudi riyal exchange online, we guarantee you the best exchange rate with no hidden fees.
Will I get the same Moroccan dirham to Saudi riyal exchange rate on the website as in your offices?
No. By booking your dirham to Saudi riyal exchange online, you will get a better exchange rate than at our physical offices. Use our online currency converter to calculate your currency exchange and benefit from the best price on your Moroccan dirham exchange.
Where can I collect the Saudi riyals I booked online?
After making your online currency exchange reservation, you can collect your Saudi riyals at the airport currency exchange office you selected during the booking process. In addition to guaranteeing you the best exchange rate with your online booking, this airport collection service allows you to save time and travel worry-free, as you'll have your currency exchange ready for your international trip.
Why is the Moroccan dirham to Saudi riyal exchange rate I see on the internet different from the one at airport currency exchange offices or on your website?
The currency converters you check on your mobile display the interbank exchange rate or market reference exchange rate. This is the price at which financial institutions exchange currencies among themselves in large-volume wholesale operations.
However, individual customers cannot access this interbank exchange rate. This reference rate does not include the real operational costs of the foreign currency exchange service, such as transportation, security, storage, and physical cash handling, nor the immediate availability of currency at the time and place the customer needs it.
Therefore, when you need to exchange Moroccan dirham to Saudi riyal (or any currency exchange), the exchange rate at currency exchange offices will always differ from what's published on online converters. Each currency exchange company sets its own rate according to the characteristics and costs of their service.
What is the difference between currency exchange and money exchange?
The foreign exchange market (Forex or FX) is a wholesale financial market that establishes the reference exchange rate between different currencies for large-volume international transactions between financial institutions and companies.
Money exchange or foreign currency exchange, on the other hand, is a retail service where individual customers buy and sell physical cash banknotes. The buying and selling of physical currency involves additional operational costs such as transportation, security, storage, and cash handling that don't exist in digital currency exchange operations between bank accounts.
For this reason, the exchange rate for money exchange at currency exchange offices is always different (less favorable) than the interbank exchange rate from the Forex market that financial entities use for their wholesale operations.
What is the difference between exchanging Moroccan dirham to Saudi riyal with you or at the bank?
Unlike banks, which typically apply an exchange rate plus an additional commission for the currency exchange operation, at Global Exchange Morocco we only apply an exchange rate that already includes our margin, with no extra fees or hidden costs.
Additionally, our currency exchange offices offer you key advantages:
Immediate availability: You get your foreign currency exchange instantly at our airport offices
Extended hours: We're open every day of the year with extended hours that adapt to flight schedules
No waiting: You don't need to order the currency in advance or return days later
Banks, on the other hand, have more limited hours and in many cases require you to request the Moroccan dirham to Saudi riyal exchange several days in advance, having to return later to collect your money.
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