Compare today's SAR to SYP (Saudi Riyal to Syrian Pound) exchange rates
📈 Saudi Arabia to Syria Money Transfer Snapshot Today
- Number of money transfer providers compared: 0
- Mid-market
ⓘThe mid-market exchange rate (also called the interbank rate) is the real SAR to SYP exchange rate before providers add their margin or fees. exchange rate: 1 SAR = SYP 3,464.8061 (Updated about an hour ago)
💡What today's SAR-SYP exchange rates mean for you
Compare today's SAR-SYP exchange rates and send money from Saudi Arabia to Syria after comparing numerous money transfer providers. Check the latest exchange rates, read detailed provider reviews, and discover deals and promo codes — all in one place.
SAR-SYP exchange rates fluctuate throughout the day, and top positions can change quickly. This volatility can significantly impact the final SYP payout that your recipient gets in Syria.
That's why we recommend comparing money transfer providers to ensure you can maximize the value of your Saudi Arabia to Syria remittances.
🔄 Looking for the reverse corridor? Send money from Syria to Saudi Arabia instead.
Looking for a different option? You can browse all sending countries on our send money from hub, or view all destinations available when sending money from Saudi Arabia.
👇 We also suggest looking beyond today's SAR-SYP exchange rate — historical pricing trends show many factors that can affect the overall transfer cost of your transfer.
Whilst SAR-SYP exchange rate is crucial, historical data shows that transfer fees, SAR amount sent and payment and delivery methods can also significantly influence your final payout.
Below, we analyze Saudi Arabia to Syria historical remittance data to help you understand where costs may arise and share some best practices to try to maximize your SYP payout.
Data-driven cost insights for Saudi Arabia to Syria money transfers
When you send money internationally from Saudi Arabia to Syria, the key factors that will influence the overall cost of your transaction are:
- SAR-SYP exchange rate
- Transfer fee
- Payment method
- Delivery method
Ideally, you would want to optimize these 4 factors to try to get the maximum SYP payout for your overseas recipient in Syria.
Another counter-balancing aspect is money transfer speed. If you need to rush money from Saudi Arabia to Syria, you may have to compromise on some of the above factors whilst optimizing for speed.
To put this into a better perspective using a data-driven approach, we analyzed historical remittance pricing1 for Saudi Arabia to Syria money transfers to compare transfer costs, FX margins, fees, and payment and delivery methods across providers.
This analysis is based on 20 actual Saudi Arabia to Syria money transfers handled by 1 providers over the last 5 years (for a SAR 750 remittance benchmark).
This data-driven approach using real SAR-SYP transfer data provides useful insights into identifying the lowest-cost payment and delivery combinations, thereby helping you reduce costs and maximize the amount received.
Before we deep dive, here are the key trends from our analysis, summarized in an easy to read format.
📌 Key insights for Saudi Arabia to Syria money transfers
- Average total cost: 13.61% (range -4.87% to 53.57%, spread 58.44 percentage points)
- Potential payout difference: On a SAR 750 transfer, the above variation can save you up to SAR 438.30.
- Average FX markup: 10.50% (range -8.20%
ⓘA negative markup generally represents a promotional exchange rate whereby a provider offers an exchange rate that is even higher than the mid-market rate, often on smaller amounts. to 50.50%, spread 58.70 percentage points) - Average transfer fee: SAR 23.31 (range SAR 17.25 to SAR 28.75)
- Cheapest payment/delivery method combo: Cash → Cash Pickup (13.61% avg cost)
- Market coverage: ~1 providers on average (competition level: limited)
- Average speed: About 8 hours
🛠️ Key takeaway: Compare providers using both exchange rate and fees, then optimize your payment and delivery methods to reduce total cost.
Below, we provide detailed data-driven insights on various factors that influence the total cost of your Saudi Arabia to Syria money transfers.
📈 SAR to SYP exchange rate is often the biggest driver of both cost and payout
The exchange rate on your Saudi Arabia to Syria money transfers is usually the single biggest factor that will determine your overall SAR cost and your recipient's SYP payout.
To analyze exchange rates, we will rely on the exchange rate markup (also called FX margin) which is the difference between the mid-market exchange rate
Based on historical pricing data for a SAR 750 money transfer benchmark, we see the following FX markup ranges for Saudi Riyal to Syria transfers:
- Average markup: 10.50%
- Median markup: 8.82%
- Lowest markup: -8.20%
ⓘA negative markup generally represents a promotional exchange rate whereby a provider offers an exchange rate that is even higher than the mid-market rate, often on smaller amounts. - Highest markup: 50.50%
That is a spread of 58.70 percentage points between the lowest and highest observed FX markups.
To put this into perspective, on a SAR 750 transfer, the above markup range is equivalent to roughly SYP 440.25 purely from differences in the exchange rate. That incremental saving increases to SYP 1,097.69 for a SAR 1870 transfer.
🛠️ How to use this insight: When comparing providers for Saudi Arabia to Syria remittances, pay close attention to the exchange rate you receive. A small difference in the FX markup can quickly outweigh other factors like fees, and the gap generally grows as transfer amounts increase.
SAR to SYP exchange rate can be the single most critical factor that determines the cost of your transfer. When comparing providers, keep an eye on the rate you will get.
💰 Transfer fees affect your total Saudi Arabia to Syria remittance cost
Whilst exchange rate is a major factor affecting total transfer cost, the transfer fee can also have a big impact on how much of your Saudi Riyal reaches your recipient in Syria.
Based on data from last 5 years, we notice the below about Saudi Riyal to Syria money transfer fees:
- Average fee: SAR 23.31
- Median fee: SAR 23.00
- Lowest fee: SAR 17.25
- Highest fee: SAR 28.75
The average fee amount of SAR 23.31 noted above represents 3.11% of the total amount sent.
Also note that even if two providers provide the same exchange rate, a best vs worst case transfer fee can increase the payout by SAR 11.50.
🛠️ How to use this insight: For your next money transfer from Saudi Arabia to Syrian Pound, look for providers that provide lower (or even 0) fees.
One caveat to this, though, is something called the hidden fee. Some providers may hide their real fees by offering a 0 or low fee, but providing a lower exchange rate. The money lost due to an inferior FX rate affects your bottom line and is referred to as a hidden fee. Therefore, you should also keep an eye on rates whilst paying attention to fees.
Another point that you should keep in mind is that for larger transfers, fixed fees become a lesser percentage of total amount. But for smaller transfers, fees can be a major part of total cost.
💸 Payment and delivery methods matter for SAR-SYP remittances
Based on our detailed analysis of historical Saudi Arabia to Syria data, we see consistent variation in overall cost amongst the payment method and delivery method you choose.
Here is the average cost for popular payment methods used to send money to Syria from Saudi Arabia:
- Cash: 13.61%
Here is the average cost of popular delivery methods used to send money from Saudi Arabia to Syria:
- Cash Pickup: 13.61%
As you can imagine, the possible combinations of Saudi Arabia payment methods and Syria delivery methods will all have disparate cost. Let us look at that next.
Here is a summary of the average cost of payment and delivery method combinations for Saudi Arabia to SYP money transfers.
| Payment Method | Delivery Method | Average Cost (%) |
|---|---|---|
| Cash | Cash Pickup | 13.61 |
Sorted by Average Cost % (cheapest to most expensive).
Here is a quick summary of the average historical cost of various payment and delivery methods for SAR to Syria money transfers.
💸 Cheapest payment and delivery methods (data-backed)
- Cheapest payment method: Cash averaged 13.61%.
- Cheapest delivery method: Cash Pickup averaged 13.61%.
- Cheapest combo: Cash → Cash Pickup averaged 13.61%.
🛠️ How to use this insight: As you compare money transfer providers for your next Saudi Arabia to Syria international money transfer, strive to pair the lowest-cost payment method with the lowest-cost delivery method.
This can help you avoid the pitfall of "great exchange rate, expensive methods".
You can save money on your Saudi Arabia to Syria remittances by carefully choosing the most economical payment and delivery methods.
📊 Does sending more money reduce the cost of SAR-SYP money transfers?
To see if transfer cost varies based on the amount sent, we compared the average cost of sending SAR 750 vs SAR 1870 from Saudi Arabia to Syria.
We found that sending a higher amount (SAR 1870) tends to be cheaper - average cost drops from 13.61% to 11.74%, a reduction of 1.86 percentage points.
The cost of your transfer usually continues to drop as transfer amount increases. That said, always check the latest exchange rates and fees for your intended transfer amount.
🛠️ How to use this insight: Since it is generally cheaper to send higher Saudi Riyal amounts to Syria, consider consolidating smaller, more frequent transfers into fewer, larger ones. Doing so may reduce the total cost you pay.
🏛 How competitive is the Saudi Arabia to Syria remittance market?
Based on data from the last 5 years, SAR-SYP money transfers are provided on an average by 1 remittance companies. With around 1 providers serving this market, we consider the level of competition to be limited.
A remittance market with more active providers is typically more competitive. This means you can get a better pricing and more payment and delivery options for your Saudi Arabia to Syria remittances.
⏱️ How fast are SAR-SYP money transfers?
If your recipient in Syria needs funds urgently, you may need to optimize your transfer for speed.
Here is what we see for Saudi Arabia to Syria transfers when it comes to processing time:
- Average transfer time: About 8 hours.
- Fastest transfer time: About less than 1 hour.
- Slowest transfer time: About 24 hours (~1.0 days).
- Average speed at SAR 750: About 8 hours.
- Average speed at SAR 1870: About 8 hours.
🛠️ How to use this insight: If you need to send money from Saudi Arabia to Syria in a hurry, compare providers not just on exchange rate, but also on expected speed. Speed also varies based on the delivery method (bank vs cash vs wallet) you choose for Syria.
Saudi Arabia to Syria transfer speed varies across providers, so compare transfer speed along with cost for time-sensitive money transfers. In addition, pick the fastest payment and delivery methods for faster processing.
Frequently Asked Questions about Saudi Arabia to Syria money transfers
These FAQs use data from RemitFinder's historical analysis of Saudi Arabia to Syria money transfers over several years.
What factors affect the total cost of sending money from Saudi Arabia to Syria?
The total cost of your SAR-SYP money transfer depends on how you fund the transaction (payment method), how the recipient receives it (delivery method), the exchange rate you get, and any transfer fee charged by the provider.
To avoid overpaying for your transfer, compare money transfer providers.
How much does the exchange rate affect Saudi Arabia to Syria transfers?
Historical SAR to SYP exchange rate markup ranges from -8.20% to 50.50%, a spread of 58.70 percentage points. Even small differences in the exchange rate markup can impact your final payout significantly.
Can SAR-SYP exchange rate markup be negative?
Sometimes, money transfer providers may offer promotional exchange rates that are better than the mid-market exchange rate, resulting in a negative SAR-SYP exchange rate markup.
Such offers are generally limited by transfer amount, eligibility, or duration. Compare providers to see if you can take advantage of any ongoing special offers.
Is the exchange rate or the transfer fee more important for Saudi Arabia to Syria transfers?
Exchange rate markup ranges from -8.20% to 50.50% (a spread of 58.70 percentage points).
Transfer fees range from SAR 17.25 to SAR 28.75, which equals roughly 1.53% on a SAR 750.00 transfer.
At both SAR 750.00 and SAR 1870.00, the exchange rate markup shows larger variation than the other component.
Regardless, our recommendation is that it is important to compare both exchange rates and fees when choosing a provider for Saudi Arabia to Syria transfers.
As the transfer amount increases, the % impact of fees decreases (because the fee gets spread across a larger SAR amount), whilst exchange rate markup remains a percentage-based cost that can scale with transfer size.
For smaller transfers, fees can matter more, whilst for larger transfers, exchange rate often becomes the bigger driver. Either way, comparing both helps you get the most SYP for your SAR.
How much can Saudi Arabia to Syria transfer costs vary between providers?
Historical transfer cost ranges from -4.87% to 53.57% for SAR transfers to Syria. That is a spread of 58.44 percentage points, meaning significant differences between various money transfer providers.
A major contributor to this variation is exchange rate markup. FX markup alone ranges from -8.20% to 50.50% (a spread of 58.70 percentage points). Thus, even small differences in FX margin can have a big impact on the final SYP payout.
Why do various money transfer providers price SAR to Syria transfers differently?
If you send the same Saudi Riyal amount to Syria via different providers, the cost of each transfer will be different because of variations in FX markup, fees, and payment and delivery methods.
Even small differences among all the above factors can change the final SYP payout in Syria in a big way.
How stable are transfer costs in the Saudi Arabia to Syria corridor?
When we analyzed the historical total cost for SAR-SYP transfers, we observed a range from -4.87% to 53.57% (58.44 percentage points difference), along with a variability (standard deviation) of 12.69%.
A major driver of cost in this market is exchange rate markup. FX markup ranges from -8.20% to 50.50% (58.70 percentage points difference), with a standard deviation of 12.70%. Fees and payment/delivery method choices can contribute to further volatility.
This is exactly why we recommend comparing money transfer providers to get the most of your SAR-SYP transfers.
What is the cheapest way to send money from Saudi Arabia to Syria?
Based on historical data, Cash → Cash Pickup is the cheapest combination with 13.61% cost.
Money transfer providers tend to price payment and delivery methods for Saudi Arabia to Syria remittances differently. As you compare options, look for the cheapest payment-delivery method combo to maximize the value of your SAR-SYP transfers.
Does sending more money reduce the cost for Saudi Arabia to Syria transfers?
Larger SAR-SYP transfers are cheaper on average.
The cost of a SAR 750 transfer averages 13.61% as compared to 11.74% for a SAR 1870 transfer, a difference of 1.86 percentage points.
How long does it take to send money from Saudi Arabia to Syria?
Based on our analysis, the average transfer time for SAR-SYP transfers is 8 hours, with the fastest transfers completing in less than one hour and the slowest in 24 hours (~1.0 days).
Are instant transfers available from Saudi Arabia to Syria?
Yes, historical data shows that some transfers to Syria from Saudi Arabia can complete in less than one hour.
Note that the actual speed of your SAR-SYP transfer will depend on the chosen provider, payment method, delivery method, and eligibility checks.
How competitive is the Saudi Arabia to Syria remittance market?
Based on historical data, the competition level in Saudi Arabia to Syria is considered limited with 1 active providers.
Do I risk overpaying if I do not compare providers for Saudi Arabia to Syria?
Historically, total SAR-SYP transfer cost has varied by 58.44 percentage points. On a SAR 750 transfer, that can translate to SAR 438.30 in savings.
SAR-SYP exchange rate markup also varies across providers. The average markup spread has been about 58.70 percentage points. On a SAR 750 transfer, that could be SAR 440.25 saved from FX alone.
Fees can also make a big difference in this market, with a difference of about SAR 11.50 across providers.
That is why comparing providers can materially change how much of the SAR you send does your recipient receive in Syria in Syria.
Latest SAR to SYP Conversion Rates
Here are some latest SAR to SYP (Saudi Riyal to Syrian Pound) exchange rates for popular conversion amounts*.
| 1 SAR | 3,464.81 SYP |
| 5 SAR | 17,324.03 SYP |
| 10 SAR | 34,648.06 SYP |
| 25 SAR | 86,620.15 SYP |
| 50 SAR | 173,240.31 SYP |
| 100 SAR | 346,480.61 SYP |
| 150 SAR | 519,720.92 SYP |
| 200 SAR | 692,961.22 SYP |
| 250 SAR | 866,201.52 SYP |
| 300 SAR | 1,039,441.83 SYP |
| 400 SAR | 1,385,922.44 SYP |
| 500 SAR | 1,732,403.05 SYP |
| 600 SAR | 2,078,883.66 SYP |
| 700 SAR | 2,425,364.27 SYP |
| 800 SAR | 2,771,844.88 SYP |
| 1000 SAR | 3,464,806.10 SYP |
| 1500 SAR | 5,197,209.15 SYP |
| 2000 SAR | 6,929,612.20 SYP |
| 2500 SAR | 8,662,015.25 SYP |
| 3000 SAR | 10,394,418.30 SYP |
| 4000 SAR | 13,859,224.40 SYP |
| 5000 SAR | 17,324,030.50 SYP |
| 10000 SAR | 34,648,061.00 SYP |
| 15000 SAR | 51,972,091.50 SYP |
| 20000 SAR | 69,296,122.00 SYP |
| 30000 SAR | 103,944,183.00 SYP |
| 40000 SAR | 138,592,244.00 SYP |
| 50000 SAR | 173,240,305.00 SYP |
| 100000 SAR | 346,480,610.00 SYP |
*Based on the Mid-market Exchange Rate
1 Based on 20 pricing observations across 1 firms over the last 5 years for a SAR 750 money transfer from Saudi Arabia to Syria. Data Source: The World Bank, Remittance Prices Worldwide, available at http://remittanceprices.worldbank.org.
How we analyze remittance data?
Insights are derived from the World Bank's Remittance Prices Worldwide dataset, which collects standardized provider pricing information at defined transfer amounts.
We aggregate this data across multiple providers and multi-year periods to calculate averages, medians, and variability measures in order to identify consistent pricing patterns for the Saudi Arabia to Syria remittance corridor.
RemitFinder does not modify the underlying World Bank data. The analysis presented here is independently calculated from published datasets and is intended for informational and comparison purposes only.