Convert Saudi Riyal to Colombian Peso
Please provide values below to convert Saudi Riyal [SAR] to Colombian Peso [COP], or Convert Colombian Peso to Saudi Riyal.
How to Convert Saudi Riyal to Colombian Peso
1 SAR = 0.000930192223850982 COP
Example: convert 15 SAR to COP:
15 SAR = 15 × 0.000930192223850982 COP = 0.0139528833577647 COP
Saudi Riyal to Colombian Peso Conversion Table
| Saudi Riyal | Colombian Peso |
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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.
Colombian Peso
The Colombian Peso (COP) is the official currency of Colombia, used for all monetary transactions within the country.
History/Origin
The Colombian Peso was introduced in 1810, replacing the real, and has undergone various reforms and redenominations over the years to stabilize the economy and modernize the currency system.
Current Use
Today, the COP is widely used in Colombia for everyday transactions, banking, and international trade, with coins and banknotes issued by the Banco de la República.