Saudi riyal Saudi riyal The Saudi riyal ( ""); is the currency of Saudi Arabia. It is abbreviated as The riyal has been the currency of Saudi Arabia since the country came into being and was the currency of Hejaz before Saudi Arabia was created, one of the primary currencies in the Mediterranean region during the Ottoman era. The Hejaz riyal was based on but not equivalent to the Ottoman 20 kuruş coin and was consequently divided into 20 qirsh. However, although the Hejaz riyal was the same weight as the Ottoman 20 kuruş, it was minted in .917 fineness, compared to
Currency lads and lasses a positive term, in order to distinguish themselves from more recent arrivals. In "Two Years in New South Wales", published in 1827, Peter Miller Cunningham wrote: "Our colonial-born brethren are best known here by the name of "Currency", in contradistinction to "Sterling", or those born in the mother-country. The name was originally given by a facetious paymaster of the 73rd Regiment quartered here–the pound currency being at that time inferior to the pound sterling." In 1832, Horatio Wills – born in Sydney in 1811 to a convict father – founded "The Currency Lad". It was "the first newspaper published in