SAR 500 = STD 2759212.07
Convert1 SAR = 5518.42414 STD | 1 STD = 0.00018 SAR
Last Updated Feb 14, 5:30 ISTSAR 500 =STD 2759212.07
Our converter applies the mid-market rate. It is solely for informational purposes. The Rate might differ while transferring money.
SAR to STD Exchange Rate Chart
1 SAR = 5518.42414 STD
The exchange value of 500 SAR in São Tomé and Príncipe Dobra is 2759212.070 STD as on Feb 14.
You can check the exchange rate of 500 Saudi Riyal to São Tomé and Príncipe Dobra by using the Paytm currency exchange rate calculator.
All you need to do to see the exchange 500 SAR to STD online is as follows:.
There are several online ways to convert SAR to STD.
Most banks in India allow SAR to STD conversion through their internet banking or mobile apps.
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Apps like Wise, PayPal, and Western Union allow SAR to STD conversion quickly.
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A Forex card is a prepaid card that holds multiple currencies, including SAR.
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Some people use crypto exchanges to convert USD to INR through Bitcoin, Ethereum etc.
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There are several offline methods to exchange SAR to STD. Let‘s explore them.
1. Banks
Banks offer currency exchange services at competitive rates. You need to visit a branch with your SAR cash and exchange it for STD.
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Private money exchange centers, like Thomas Cook, Muthoot Forex, and Western Union, offer offline SAR to STD conversion.
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Airports have forex counters where travelers can exchange SAR to STD.
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Some hotels and travel agencies offer currency exchange services for guests.
Steps to Exchange SAR to STD at a Hotel or Travel Agency:
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In busy markets and tourist spots, you may find local money changers who exchange SAR for STD
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Most offline exchanges require identity proof. Here are the common documents needed:
Document Type | Required For |
---|---|
Passport | All exchanges (mandatory for foreigners) |
Always carry a valid ID when exchanging currency.
Method | Exchange Rate | Transfer Fee | Availability | Speed |
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Bank Transfer | Low | Low | Limited hours | 1-3 days |
Any Third Party App | High | Low | 24/7 | Instant/Few minutes |
Forex Card | Medium | Low | 24/7 | Instant |
Crypto Exchange | High | Low | 24/7 | Few minutes |
Exchange Centers | Good | Medium | Widely available | Few minutes |
Airport Counters | High | High | 24/7 at airports | Few minutes |
Hotels/Agencies | Very High | Medium | Only for guests | Few minutes |
Local Money Changers | Varies | Low | Risky but quick | Few minutes |
Converting Saudi Riyal (SAR) to São Tomé and Príncipe Dobra (STD) offers several advantages, depending on your financial needs and market conditions. Here are some key benefits:
SAR is a strong and widely traded currency. If the exchange rate is favorable, converting SAR to STD can give you more value for your money.
Since 1 SAR equals a significantly higher amount in STD, converting SAR to STD increases your purchasing power, allowing you to afford more goods and services in São Tomé and Príncipe.
If you‘re an NRI, tourist, or returning from the Saudi Arabia, converting SAR to STD ensures you have local currency for daily expenses, shopping, and travel within São Tomé and Príncipe.
Converting SAR to STD can help you invest in São Tomé and Príncipe assets, such as real estate, stocks, mutual funds, and fixed deposits, which often offer higher returns compared to Saudi Arabia markets.
Using a direct SAR to STD conversion method (like Forex cards or money changers) helps avoid unnecessary fees and unfavorable exchange rates charged by international payment gateways or credit card companies.
For businesses involved in international trade, converting SAR to STD at the right time can help optimize costs, manage foreign exchange risks, and improve profit margins.
By choosing the right conversion method and timing, you can maximize the benefits of SAR to STD exchange.
Source of the rates:apilayer.com