Saudi Riyal to Lebanese Pound

About SAR/LBP

The Saudi Riyal (SAR) to Lebanese Pound (LBP) exchange rate reflects the value of one SAR in LBP. SARF tracks both the official central bank rate and the parallel market rate, which together reveal the true cost of foreign exchange in MENA markets. The spread between these two rates is a key indicator of economic pressure and currency market fragmentation.

Saudi Arabia pegs the Saudi Riyal (SAR) to the US Dollar at 3.75, one of the most stable fixed exchange rate arrangements globally. The central bank maintains substantial reserves to defend the peg, making the spread between official and parallel rates among the smallest in the region.

Lebanon's currency crisis began in 2019 and led to the collapse of the Lebanese Pound (LBP). A series of official rate adjustments and multiple parallel rates reflect ongoing economic and political instability. Lebanon's FX market is heavily monitored by the diaspora.