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Riyal Meaning: Definition, Examples, and Translations

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riyal

[หˆriหjษ‘หl ]

Definition

Context #1 | Noun

currency unit

The riyal is the official currency of several countries in the Middle East, including Saudi Arabia and Qatar. The currency is typically subdivided into smaller units called halalas. It is used in various denominations and plays a crucial role in the economies of these nations.

Synonyms

cash, currency, money.

Examples of usage

  • I exchanged my dollars for riyals before traveling to Saudi Arabia.
  • The price of the items was listed in riyals.
  • He saved riyals to buy his new car.
  • The exchange rate fluctuated, affecting my budget in riyals.

Translations

To see the translation, please select a language from the options available.

Origin of 'riyal'

The term 'riyal' has its origins in the Spanish word 'real', referring to a royal coin used in medieval times. Historically, the riyal was used as a reference to various currencies throughout Europe and the Mediterranean. The Spanish dollar became widely accepted internationally during the colonial period, influencing the later adoption of the term 'riyal' in Arabian countries. In the context of the Middle East, the Saudi riyal was first introduced in 1925, replacing the various currencies that were previously in use in the region. The word 'riyal' carries a cultural significance, as it is associated with the wealth generated in oil-rich countries. The modern usage of the riyal reflects the economic developments and trade practices rooted in its historical past.

Word Frequency Rank

At position #40,516, this word is among the less frequently used terms in English. While interesting to know, it's not crucial for most English learners unless needed for specific purposes.