Convert Icelandic Króna to Saudi Riyal
Please provide values below to convert Icelandic Króna [ISK] to Saudi Riyal [SAR], or Convert Saudi Riyal to Icelandic Króna.
How to Convert Icelandic Króna to Saudi Riyal
1 ISK = 32.4564 SAR
Example: convert 15 ISK to SAR:
15 ISK = 15 × 32.4564 SAR = 486.846 SAR
Icelandic Króna to Saudi Riyal Conversion Table
| Icelandic Króna | Saudi Riyal |
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Icelandic Króna
The Icelandic Króna (ISK) is the official currency of Iceland, used as the country's primary medium of exchange.
History/Origin
The Króna was introduced in 1981, replacing the Icelandic Krona at par, and has undergone various redenominations and reforms since its inception.
Current Use
The ISK is actively used in Iceland for all financial transactions, including cash, banking, and electronic payments, and is managed by the Central Bank of Iceland.
Saudi Riyal
The Saudi Riyal (SAR) is the official currency of Saudi Arabia, used for all monetary transactions within the country.
History/Origin
The Saudi Riyal was introduced in 1925, replacing the Indian Rupee, and has undergone various reforms, including decimalization in 1929. It is issued and regulated by the Saudi Central Bank.
Current Use
The SAR is widely used in Saudi Arabia for everyday transactions, banking, and international trade, and is pegged to the US dollar at a fixed rate.