We Buy Saudi Riyal (SAR) at the Best Exchange Rate in Australia
No Commissions
5 Star Services
Top Rated Company
Best Place to Sell SAR in Australia
Just returned to Melbourne from Saudi Arabia and still holding Saudi Riyal (SAR)? Not sure where to get the best exchange rate without paying service fees? You’re in the right place.
Danesh Exchange is your trusted one-stop destination for converting Saudi Riyal (SAR) to Australian Dollars (AUD). We offer some of the best SAR rates in Melbourne and charge $0 commission with no hidden fees.
Whether you’re selling SAR or buying it for your next trip, our rates are transparent, competitive, and designed to give you more value. Students and pensioners also enjoy exclusive discounted rates, helping you save even more.
How to Sell Your Saudi Riyal
Selling Saudi Riyals (SAR) in Australia is quick, safe, and straightforward with Danesh Exchange. Follow these simple steps to get the best value for your currency.
Get a quote:
Call Danesh Exchange to check the latest SAR to AUD exchange rate. Our team provides accurate, up‑to‑date pricing with no hidden surprises.
Visit our store:
Head to the Danesh Exchange location. Bring your Saudi Riyals and a valid photo ID for verification.
Exchange over the counter:
Our staff will confirm the rate, inspect and verify your notes, and process the exchange securely and efficiently.
Receive your money:
Walk out with your Australian dollars (AUD) instantly. Fast service, transparent rates, and absolutely no hidden fees.
Smart Tips for Exchanging Saudi Riyals
Compare exchange rates before selling SAR
Always check rates from multiple exchangers or banks to find the best SAR to AUD (or other currency) rate. Even a small difference can make a noticeable impact, especially with larger amounts.
Avoid airport and hotel exchange desks
Airport and hotel exchange counters usually offer weaker SAR rates with higher margins. Planning your exchange ahead of time helps you avoid unnecessary losses.
Choose providers with no hidden fees
Look for transparent pricing. A good SAR rate isn’t helpful if commissions or service charges reduce what you actually receive.
Sell during favourable market movements
SAR exchange rates can fluctuate due to global market conditions. If timing is flexible, monitoring trends may help you secure a better rate.
Use trusted, well-reviewed money exchangers
Stick to licensed and reputable exchangers. Positive reviews and a strong track record help ensure fair rates, accurate counting, and a secure transaction.
Limits & Restrictions
Minimum Amounts
There is no minimum amount when selling Saudi Riyal (SAR). Whether you have a few leftover notes or a larger sum, we’re happy to exchange it.
Maximum Amounts
We can handle large SAR transactions. For higher-value exchanges, we may request valid ID, conduct a brief source-of-funds check, or ask for a short wait while your payout is prepared. This is standard practice for licensed and regulated money exchangers in Australia.
Selling SAR Worth $10,000 AUD or More
If your SAR exchange is $10,000 AUD equivalent or above, please bring valid identification and allow extra time for compliance checks.
To ensure smooth processing, calling ahead to confirm cash availability is recommended. For larger payouts, bank transfer or PayID is often the fastest and safest option.
Where to Sell Saudi Riyal in Australia
Selling Saudi Riyal (SAR) in Australia is quick, safe, and straightforward with Danesh Exchange.
If you’re wondering where to sell SAR in Australia, you generally have three main options:
Banks
Some banks may accept Saudi Riyal (SAR), but they are rarely the most cost-effective option.
Buy-back rates are often poor, processing can be slow, and additional service or handling fees may apply.
While banks feel familiar, they usually do not offer competitive SAR-to-AUD rates,
especially for cash exchanges.
Specialist Currency Exchange Providers
Specialist exchangers like Danesh Exchange are often the best choice for selling SAR.
They offer:
- Competitive SAR exchange rates
- No hidden fees or commissions
- Fast, friendly service
- Reliable availability for both small and large amounts
Whether you’re selling a small bundle of notes or a higher-value amount,
Danesh Exchange makes it simple to sell Saudi Riyal in Australia at a fair price.
Airport Kiosks
Airport exchange counters may accept foreign currency, but SAR is often exchanged at very poor rates.
Even when accepted, airport kiosks typically apply high margins, meaning you receive far less AUD than
you would at a specialist exchanger. While convenient, airports are not recommended
for selling Saudi Riyal.
What Saudi Riyal Notes We Accept
The Saudi Riyal (SAR) is the official currency of Saudi Arabia and is used for all everyday transactions across the country.
While SAR is primarily used within Saudi Arabia, it is widely exchanged by travellers, expatriates, and businesses across the Middle East. Outside Saudi Arabia, SAR is typically exchanged through specialist currency exchangers rather than banks.
Locally, the currency is often referred to as “riyals”, and cash remains commonly used alongside card payments.
SAR Banknote Denominations
Saudi Riyal banknotes currently in circulation include:
1, 5, 10, 50, 100, and 500 riyals
Keeping your SAR notes sorted by denomination helps ensure faster counting and smoother transactions, especially when exchanging larger amounts or visiting busy exchange counters.
Old and damaged banknotes
We only accept Saudi Riyal banknotes that are currently in circulation. Notes that are too old, heavily damaged, or discontinued may not be accepted. Our team will assess them on the spot and guide you on the best next steps.
Need Saudi Riyal for travel or business?
Buy SAR online with no fees or hidden charges and enjoy some of the best exchange rates in Australia. Collect from 3,000+ Australia Post locations or have it delivered straight to your door — fast, secure, and hassle-free.
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