fx
Saudi Arabia Real Effective Exchange Rate
Latest
99.6index (2020=100)
Methodology
## What this measures
The value of Saudi Arabia's currency against a broad basket of trading partners, weighted by trade and adjusted for differences in inflation. Index, 2020 = 100.
## Why it matters
The riyal is pegged to the dollar, so moves here come from the dollar against everyone else and from inflation differences, not from the central bank.
## How to read it
Higher means a stronger currency in real terms. It read 99.6 in August 2026 against 100.9 a year earlier. The series starts in 1994; its low was 74.7 in March 2008.
## What it does not say
It is not the rate against the dollar, and an index level has no "right" value on its own.
## Source
Bank for International Settlements, series `WS_EER/M.R.B.SA` (stats.bis.org). Palanor reads the full series every day. Source: BIS. Used under the BIS terms for statistics: reuse is unrestricted with the BIS cited as the source, and the statistics carry no additional charge in Palanor.
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