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Saudi riyal to Iraqi dinar Exchange Rate History - XTransfer

Saudi riyal to Iraqi dinar Historical Exchange Rates

Welcome to the SAR to IQD exchange rate history page. This page contains detailed daily historical exchange rates between SAR and IQD from 2025-3-8 to 2026-04-02, making it easy to look up and reference.

Amount
Result

1 SAR = 349.008 IQD

08:29 Exchange Rate

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1 Saudi riyal to Iraqi dinar Historical Exchange Rate Trends

1 SAR = -- IQD

08:29 Exchange Rate

SAR - IQD+0%
7D
1M
3M
Invalid DateInvalid Date

1 Saudi riyal to Iraqi dinar Data Statistics

This section organizes the historical exchange rate data of 1 SAR to IQD, including daily data over the past 1 day, 15 days, 30 days, and 90 days. It also marks the highest, lowest, and average rates during each period, helping you easily understand how the exchange rate has changed over time, which is useful for currency exchange, transfers, or investment decisions.

Time
Past 1 day
Past 15 day
Past 30 day
Past 90 day
High
349.091
349.184
349.184
349.343
Low
349.008
348.868
348.868
348.868
Average
349.05
349.014
349.033
349.208

Past 7 days historical exchange rates

Below are the daily average exchange rates of SAR to IQD for the past 7 days, helping you track the trend during this period. We also provide exchange rate changes of IQD to SAR, helping you understand fluctuations from different perspectives and better plan your currency exchange, transfers, or fund management.

SAR to IQD - Last 7 Days

SARSARIQDIQD
2026-04-02
349.008
SARSARIQDIQD
2026-04-01
349.091
SARSARIQDIQD
2026-03-31
349.082
SARSARIQDIQD
2026-03-30
349.119
SARSARIQDIQD
2026-03-29
349.119
SARSARIQDIQD
2026-03-28
349.119
SARSARIQDIQD
2026-03-27
349.184

IQD to SAR - Last 7 Days

IQDIQDSARSAR
2026-04-02
0.003
IQDIQDSARSAR
2026-04-01
0.003
IQDIQDSARSAR
2026-03-31
0.003
IQDIQDSARSAR
2026-03-30
0.003
IQDIQDSARSAR
2026-03-29
0.003
IQDIQDSARSAR
2026-03-28
0.003
IQDIQDSARSAR
2026-03-27
0.003

SARSAR - Saudi Riyal

The Saudi Riyal has been issued since 1925 and is pegged to the US dollar. The SAR represents the foundation of Saudi Arabia's oil economy and is an important currency in the Gulf Cooperation Council.

  • Supporting unit:1 riyal = 100 halalas
  • Denomination of banknotes:1, 5, 10, 50, 100, 500 riyals
  • Reserve currency:No independent reserve currency, with the US dollar as the primary reserve currency.
  • Banknote material:A blend of paper and polymers with anti-counterfeiting design.
  • Metal composition:Copper-nickel alloy, stainless steel
  • Currency symbol:ر.س
  • Paper currency size:For example, 500 riyals is approximately 160 mm × 79 mm.
  • language:en
  • Main unit:1 riyal
  • ISO code:SAR
  • Currency name:Saudi Arabian Riyal
  • Exchange Rate System:A fixed exchange rate system pegged to the US dollar (approximately 1 SAR = 0.2667 USD).
  • Central Bank:Saudi Arabian Monetary Authority
  • Safe-haven currency:No, relying on the US dollar as an international safe-haven and trading currency.
  • Coin denomination:5, 10, 25, 50 hills, 1 riyal
  • Countries of Use:Saudi Arabia
  • Cross-border payment:The Saudi Riyal supports international remittances through the SWIFT network, and the financial system is highly pegged to the US dollar, facilitating international trade and investment activities.

IQDIQD - Iraqi Dinar

The Iraqi dinar was issued in 1932 as a symbol of the country's sovereignty and has undergone several currency reforms. Despite political and economic shocks, the dinar remains the main medium of exchange in the country, especially playing an important role in the oil economy.

  • Supporting unit:1 dinar = 100 fils, and fils have largely withdrawn from circulation.
  • Denomination of banknotes:250, 500, 1,000, 5,000, 10,000 dinars
  • Reserve currency:No, it is mainly used for the domestic economy.
  • Banknote material:The primary material is cotton paper, featuring watermark and security thread as anti-counterfeiting measures.
  • Metal composition:Copper-nickel alloy, etc.
  • Currency symbol:ع.د
  • Paper currency size:An amount of 10,000 dinars measures approximately 160mm × 80mm, with slight variations in different denominations.
  • language:en
  • Main unit:1 Dinar
  • ISO code:IQD
  • Currency name:Iraqi Dinar
  • Exchange Rate System:Managing floating exchange rate systems
  • Central Bank:Central Bank of Iraq
  • Safe-haven currency:No, it is significantly affected by political and security factors, resulting in high volatility.
  • Coin denomination:1, 5, and 10 dinar coins are very rare.
  • Countries of Use:Iraq has only one legal currency.
  • Cross-border payment:International payments are made through the SWIFT network, but the acceptance of IQD in international trade is limited, with the US dollar or euro commonly used as settlement currencies.

FAQ

Based on the historical patterns of Saudi riyal to Iraqi dinar, is now a good time to exchange?

To judge the timing for exchanging Saudi riyal to Iraqi dinar, one must compare current rates with the average over the past year or even five years. If the current Saudi riyal rate is well above the historical average, it usually means SAR is in a strong period, making it a good window for settlement into IQD. Conversely, if Saudi riyal is at a historical low, it is recommended for exporters to hold SAR in batches and avoid the troughs to minimize losses when converting to IQD.

What are the main reasons affecting the historical volatility of SAR to IQD recently?

The core factor affecting the historical volatility of Saudi riyal to Iraqi dinar recently is the divergence in monetary policies between the two countries. When interest rate hikes are implemented, the attractiveness of SAR tends to increase, leading to a significant rise in its historical exchange rate against IQD. Additionally, fluctuations in global trade data and inflation levels trigger safe-haven demand for SAR, thereby intensifying the frequency of two-way volatility between Saudi riyal and Iraqi dinar.

Has SAR experienced a sharp plunge against IQD before? How can I protect myself?

Historically, Saudi riyal against Iraqi dinar has indeed experienced violent fluctuations or even plunges due to policy shocks or economic crises. The best way to hedge against Saudi riyal exchange rate risk is to analyze its historical volatility cycles and avoid betting on a one-sided market at a single high point. It is recommended to use batch settlement or forward locking tools to keep the volatility risk of SAR to IQD within an acceptable trade cost range.

Is the current exchange rate of Saudi riyal to Iraqi dinar considered a historical high or low?

To evaluate the current level of SAR to IQD, one must examine the currency pair's long-term trend chart. By comparing the peaks and troughs of the past five years, you can clearly see if Saudi riyal is approaching a historical resistance level. If the current SAR price has broken through highs from years ago, it indicates that SAR is at an extreme high; exchanging Saudi riyal to Iraqi dinar now can often lock in more substantial trade profits than in previous years.

How accurate are the AI-predicted exchange rates for Saudi riyal to Iraqi dinar?

AI predictions for SAR to IQD are trend references derived from historical big data and market sentiment models. While AI can capture the operational patterns of SAR through algorithms, it is difficult to 100% predict sudden international political events or unexpected policy adjustments. Therefore, the predicted values for Saudi riyal to Iraqi dinar should serve as supplementary advice for settlement timing, rather than an absolute execution guarantee.

How to stabilize exchange rates through convenient payment methods?

To stabilize profit fluctuations caused by exchange rates, the key is to shorten the decision-making link for settlement. By opening a global collection account online through XTransfer, foreign trade enterprises can move away from traditional banks' cumbersome offline declaration processes and lock in ideal rates for real-time settlement on their phones anytime, anywhere. This digital and convenient payment method from XTransfer frees you from bank hours and complex document reviews, allowing you to more autonomously capture market highs and ensure every payment is secured, effectively hedging against exchange loss risks.
Disclaimer: The exchange rate data on this page is collected from public sources for reference only. Due to frequent fluctuations, XTransfer cannot guarantee accuracy or timeliness. Please refer to the real-time quotes from banks, related institutions, or trading systems.