The Saudi Riyal is significant because:

• Oil-Backed Stability: Saudi Arabia is a leading oil exporter, and the Riyal is closely tied to the petroleum market.
• Pegged to the US Dollar: The Riyal is fixed at 3.75 SAR per 1 USD, ensuring stability in international transactions.

Strong Economy: As the currency of one of the wealthiest Middle Eastern nations, the Riyal supports major economic sectors like tourism, trade, and finance.