📊 The global currency prices are rising today Sunday, May 31, 2026 against the Saudi Riyal, with the continued strength of the US dollar globally. We review for you the exchange rates of 6 major currencies — the US dollar, euro, British pound, Egyptian pound, UAE dirham, and Kuwaiti dinar — according to the latest update from banks and exchange sites.
Today’s Currency Exchange Rates Against the Saudi Riyal
| Currency | Exchange Rate (Saudi Riyal) |
|---|---|
| 🇺🇸 US Dollar (USD) | 3.75 Riyal |
| 🇪🇺 Euro (EUR) | 4.38 Riyal |
| 🇬🇧 British Pound (GBP) | 5.05 Riyal |
| 🇪🇬 Egyptian Pound (EGP) | 0.072 Riyal |
| 🇦🇪 UAE Dirham (AED) | 1.02 Riyal |
| 🇰🇼 Kuwaiti Dinar (KWD) | 12.13 Riyal |
💡 Note: The prices above are the market average and may vary from one bank to another or from one exchange office to another. It is recommended to compare prices before transferring.
Dollar and Riyal — Close Link
For decades, the Saudi Riyal has been linked to the US dollar at a nearly fixed exchange rate of 3.75 Riyal per dollar. This link is a decision by the Saudi Central Bank (SAMA) to maintain economic stability. This means that the dollar’s price remains stable at 3.75 Riyal, providing reassurance for companies and importers.
Euro and British Pound — Highest Price
The Euro recorded today around 4.38 Riyal, slightly higher than in previous days. The British Pound is the highest among the major currencies at 5.05 Riyal, a relatively high price that makes travel to Britain expensive for Saudi travelers.
Egyptian Pound — Lowest Price
The Egyptian Pound recorded today around 0.072 Riyal (i.e., every 100 Egyptian Pounds is equivalent to 7.2 Riyal). This price reflects the decline in the value of the Pound against the Riyal, making financial transfers to Egypt more expensive for residents.
UAE Dirham and Kuwaiti Dinar
The UAE Dirham is also linked to the dollar, and its price is stable at 1.02 Riyal per dirham. The Kuwaiti Dinar remains the most expensive Gulf currency at 12.13 Riyal — because it is not linked to the dollar at a fixed rate like other Gulf currencies.
Financial Transfer Tips
- ✅ Compare bank and exchange office prices before transferring large amounts
- ✅ Use money transfer apps like Wise or Western Union for international transfers
- ✅ Follow exchange rates daily if you plan to transfer a large amount
- ⚠️ Beware of unlicensed exchange offices — deal only with approved banks and exchanges
Frequently Asked Questions About Currency Prices
Is the dollar price fixed against the riyal?
Yes, since 1986 the Saudi riyal has been pegged to the dollar at a rate of 3.75 riyals to the dollar. This peg is managed by the Saudi Central Bank (SAMA).
Why is the Kuwaiti dinar expensive?
Because Kuwait pegs its currency to a basket of currencies (not just the dollar), and because the Kuwaiti economy is strong and oil reserves are large.
Do exchange rates change during the day?
Yes, currencies like the euro and British pound fluctuate continuously during global trading hours. It’s best to ask for the rate at the time of conversion.
🔗 For more official information on monetary policy: Saudi Central Bank — sama.gov.sa
