Looking for today’s currency exchange rates in Saudi Arabia? Here are the latest exchange rates for the US Dollar, Euro, British Pound, Egyptian Pound, UAE Dirham, and Kuwaiti Dinar against the Saudi Riyal for Thursday, May 28, 2026.
Today’s Currency Exchange Rates – May 28, 2026
The Saudi Riyal is pegged to the US Dollar at a fixed exchange rate since decades. However, the exchange rates of other currencies change daily according to global market movements. Here are the latest rates:
| Currency | Exchange Rate (SAR) | Notes |
|---|---|---|
| 🇺🇸 US Dollar (USD) | 3.75 Riyal | Fixed rate (officially pegged) |
| 🇪🇺 Euro (EUR) | 4.36 Riyal | Changed -0.3% during the week |
| 🇬🇧 British Pound (GBP) | 5.04 Riyal | Near the highest level in a month |
| 🇪🇬 Egyptian Pound (EGP) | 0.072 Riyal | Every 100 EGP ≈ 7.20 SAR |
| 🇦🇪 UAE Dirham (AED) | 1.022 Riyal | Semi-fixed rate |
| 🇰🇼 Kuwaiti Dinar (KWD) | 12.09 Riyal | Highest-valued currency |
Details of Today’s Exchange Rates
🇺🇸 US Dollar (USD)
The US Dollar exchange rate is fixed at 3.75 Riyal since 1986. This peg is managed by the Saudi Arabian Monetary Agency (the central bank), aiming to stabilize the economy and facilitate trade.
💰 Tip: If you’re buying US Dollars, the difference between the buying and selling price at banks is usually 2-3 halalas. You’ll find the best rates at major exchange offices with lower profits than banks.
🇪🇺 Euro (EUR)
The Euro is currently at 4.36 Riyal. The Euro has been recently affected by the European Central Bank’s decisions regarding interest rates. If you’re traveling to Europe, follow the rate daily to catch the best time.
🇬🇧 British Pound (GBP)
The British Pound is at 5.04 Riyal, near its highest level in a month. The UK has seen relative economic stability recently, which has positively reflected on the Pound’s value.
🇪🇬 Egyptian Pound (EGP)
The Egyptian Pound is at 0.072 Riyal — meaning every 100 EGP is approximately 7.20 Saudi Riyal. The Egyptian Pound’s exchange rate is constantly changing according to the Central Bank of Egypt’s monetary policy.
🇦🇪 UAE Dirham (AED)
The UAE Dirham is at 1.022 Riyal. The Dirham is also pegged to the US Dollar, so its exchange rate is relatively stable against the Riyal. The difference is around
🇰🇼 Kuwaiti Dinar (KWD)
The Kuwaiti Dinar is at 12.09 SAR — the most expensive currency in the world in terms of purchasing power. The dinar is not pegged to a fixed rate but is tied to a basket of currencies, making it strong and stable.
Tips for Currency Exchange
- 🔍 Compare Prices: Exchange rates vary between banks and exchange offices. Use comparison websites before converting.
- ⏰ Choose the Right Time: Currency prices change instantly. If you’re buying a large amount, monitor the price for a few hours.
- 🏦 Banks vs. Exchange Offices: Exchange offices usually offer better rates than banks, especially for large amounts.
- 💳 ATM Withdrawals: When traveling, withdraw larger amounts at once to reduce transfer fees.
Frequently Asked Questions About Currency Exchange Rates
Why is the US Dollar fixed against the SAR?
Saudi Arabia pegged the SAR to the USD in 1986 to stabilize prices and facilitate international trade. This peg means the Saudi Central Bank maintains a large reserve in USD.
How do I know the best time to buy currencies?
Monitor currency rates daily on websites like xe.com or investing.com. Prices are affected by central bank decisions (interest rates) and political and economic events.
Which bank offers the best exchange rate in Saudi Arabia?
Larger banks like Al Rajhi, Al Ahli, and Al Inma usually offer competitive rates, but it’s best to compare on their apps or contact major exchange offices like Al Rajhi Exchange.
📊 Today’s Summary: The SAR is fixed against the USD, the Euro at 4.36, the British Pound at 5.04, the Egyptian Pound at 0.072, the AED at 1.022, and the Kuwaiti Dinar at 12.09. Prices fluctuate throughout the day based on global market movements.
Note: The prices mentioned above are mid-market rates and may differ from actual buying and selling prices in banks and exchange offices.
