iCambio is the trademark of Change Center, a foreign exchange office born in 1991. They have exchange offices in Madrid, Andalusia (Málaga, Fuengirola, Torremolinos, Marbella, Seville and Córdoba) and Alicante (Benidorm) and a home delivery website . More details
Today's average exchange rate for this foreign currency in the main banks in Spain. The euros to be paid by the bank will charge a commission of between 2.5% and 3%, with a minimum of € 6 to € 10 (the most expensive of the two). More details
Average prices today for this foreign currency in the two main airports in Spain: Madrid-Barajas Adolfo Suarez Airport and Barcelona El Prat. More details
The place you are never interested in doing a euro to Saudi Riyal currency exchange is at the airport. As with the bottle of water at very high prices, the airport manager and the airport currency provider, split the benefits of your exchange at the airport. As a rule, the more players that play in the currency exchange game the higher the rates to apply to consumers.
Almost all Spanish banks charge you a three per cent fee, with a minimum (whichever is higher) quantity of six to ten €.
No doubt. Cambiator has surveyed the the currency suppliers and banks in Spain for over 5 years and has come to the conclusion that, depending on the currency you want to order, some currencies are easy to find but other less frequent ones are pretty scarce.
Normally the euro to Saudi Riyal price will be more interesting if you order them online click and collect or delivery at home than if you go directly to the currency provider office.
Generally speaking, if you change riyals at a bank office, they will already know their clients and you will only need to identify yourself as a client of your bank.
If you change riyals at a travel money supplier´s outlet, at the airport or on the street, you will need to show an updated and valid identity document (passport or resident´s identity card called DNI or NIE in Spain). Have in mind that your driver's license is not accepted as a valid identification document when changing Euros to riyals.
If you believed that your bank or the airport were the only places to acquire Saudi Riyals today, please, first check the prices in the different currency providers that we have displayed for you above.
You can spot that for the same euros, you will get more Saudi Riyals depending on the supplier you choose and you can spend the difference on other leisure activities for your trip (coffees, souvenirs, transportation, etc.).
Indeed. In the same way that you buy a high-priced laptop on Amazon, you can order riyals in the online store of foreign currency supplier that offers home delivery service.
Additionally, they will propose you the possibility of booking online and picking up the riyals at one of their branches. Some providers will ask you to pay in advance with a card and others will allow you to pay directly at the office.
The Euro-Saudi Riyal exchange rate is rather easy to understand. As in all markets, you can find wholesalers and retailers.
Banks & Currency providers are retailers that buy from currency wholesale companies the banknotes they estimate to sell to travellers at the professional exchange rate (interbank exchange rate) and mark-up their working margin.
They then offer those banknotes to individuals at their selling price of the day, winning that margin.
For example, if you wish to buy Saudi Riyals, you contact your bank or currency supplier and pay the sale rate of the day they advertise. That rate already includes a profit for the currency supplier.
The most common amount of riyals in Spain of an end customer who exchanges Euros for riyals is generally around six hundred euros. If you have to order more than 5,999 euros, the requirements that your foreign currency supplier will demand from you will be reinforced. That is, they might ask you to demonstrate the origin of your Euros or your employment contract, etc.
Nevertheless up to € per calendar quarter, the Spanish currency suppliers do not usually ask you for more than the Spanish identity card called DNI or NIE to buy riyals.
If you are going to to change Euros to riyals from Saudi Arabia you only need to select this currency in our currency purchase form. Then enter the euros you want to change and choose wether you prefer to be delivered the riyals from Saudi Arabia at the office or at home or selectyour town in order to collect the currency at a currency supplier.
Cambiator will sort the results of the different currency providers, sorted from cheaper to more expensive. We will also display the median rate at Spanish high street banks and at the airports (if they manage).
As the rates of currencies oscillate all the time with respect to each other, there is no best time to order travel money (in this case riyals SAR).
It is advisable to understand how the economy of the country whose currency you are interested in is evolving. Generally, when the country´s economy is hard, its currency tends to depreciate with respect to the rest. This means that for the same euros you will get more riyals SAR.
Cambiator shows you the sell rate of riyals SAR, arranged from cheapest to least, to help you decide where to buy riyals SAR.
After your trip, you can exchange your leftover currency, only notes not coins, (riyals from Saudi Arabia in this caseat your bank or your closest foreign currency supplier.
Find out the Saudi Riyal to Euro rates firstly and make a comparison on Cambiator to find out the better provider. Keep in mind that your bank will charge you, another time, a fee near to 3per cent with a minimum of six to nine Euros (the greater of the two).