Value of 2010 Saudi Riyals today

﷼100 in 2010
﷼128.94 in 2022

The inflation rate in Saudi Arabia between 2010 and today has been 28.94%, which translates into a total increase of ﷼28.94. This means that 100 riyal in 2010 are equivalent to 128.94 riyal in 2022. In other words, the purchasing power of ﷼100 in 2010 equals ﷼128.94 today. The average annual inflation rate between these periods has been 2.14%.

Inflation timeline in Saudi Arabia (2010 - 2022)

The following chart depicts the equivalence of ﷼100 due to compound inflation and CPI changes. All values are equivalent in terms of purchasing power, which means that for each year the same goods or services could be bought with the indicated amount of money.

All calculations are performed in the local currency (SAR) and using 6 decimal digits. Results show only up to 2 decimal digits to favour readability. Inflation data is provided by governments and international institutions on a monthly basis. Today's values were extrapolated from the latest 12-month rolling average official data.

The following table contains relevant indicators:

Indicator Value
Cumulative inflation 2010-2021 26.23%
Cumulative inflation 2010-today 28.94%
Avg. Annual inflation 2010-2021 2.14%
CPI 2010 85.75
CPI 2021 108.25
CPI 2022-05 (latest official data) 110.36
CPI today 110.57

How to calculate today's value of money after inflation?

There are several ways to calculate the time value of money. Depending on the data available, results can be obtained by using the Consumer Price Index (CPI) formula or the compound interest formula.

Using the CPI formula

When we have both the start and end years, we can use the following formula:

Valuet =Value0 ×
CPIt/CPI0

To obtain the values equivalent in buying power between 2010 and 2021, use the corresponding CPI values:

Value2021
=Value2010 ×
CPI2021/CPI2010
=﷼ 100 ×
108.25/85.75
﷼126.23

To obtain the equivalent value today (present value), plug in the CPI for today, which is estimated as 110.57:

Valuetoday
=Value2010 ×
CPItoday/CPI2010
=﷼ 100 ×
110.57/85.75
﷼128.94

Alternative: Using the compound interest formula

Given that money changes with time as a result of an inflation rate that acts as compound interest, we can use the following formula: FV = PV × (1 + i)n, where:

  • FV: Future Value
  • PV: Present Value
  • i: Interest rate (inflation)
  • n: Number of times the interest is compounded (i.e. # of years)

In this case, the future value represents the final amount obtained after applying the inflation rate to our initial value. In other words, it indicates how much are ﷼100 worth today. There are 11 years between 2010 and 2021 and the average inflation rate was 2.1403%. Therefore, we can resolve the formula like this:

Value2021
=PV × (1 + i)n
=﷼100 × (1 + 0.021403)11
﷼126.23

Saudi Arabia inflation - Conversion table

Initial Value Equivalent value
﷼1 riyal in 2010 ﷼1.26 riyal in 2021
﷼5 riyal in 2010 ﷼6.31 riyal in 2021
﷼10 riyal in 2010 ﷼12.62 riyal in 2021
﷼50 riyal in 2010 ﷼63.12 riyal in 2021
﷼100 riyal in 2010 ﷼126.23 riyal in 2021
﷼500 riyal in 2010 ﷼631.16 riyal in 2021
﷼1,000 riyal in 2010 ﷼1,262.31 riyal in 2021
﷼5,000 riyal in 2010 ﷼6,311.56 riyal in 2021
﷼10,000 riyal in 2010 ﷼12,623.12 riyal in 2021
﷼50,000 riyal in 2010 ﷼63,115.58 riyal in 2021
﷼100,000 riyal in 2010 ﷼126,231.16 riyal in 2021
﷼500,000 riyal in 2010 ﷼631,155.82 riyal in 2021
﷼1,000,000 riyal in 2010 ﷼1,262,311.64 riyal in 2021
Cumulative inflation From 2010 28.94%
Avg. annual inflation From 2010 2.14%
CPI 2010 85.75
CPI today 110.57

Value of Riyal over time (by year)

Period Value
2010 100
2011 105.83
2012 108.86
2013 112.7
2014 115.23
2015 116.62
2016 119.03
2017 118.03
2018 120.93
2019 118.4
2020 122.48
2021 126.23
2022-05 128.7
Today 128.94

All available years

Today's value of saudi riyals by year:

1996 | 1997 | 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |

Other currencies: