riyal

noun (1)
ri·​yal | \ rē-ˈyäl How to pronounce riyal (audio) , -ˈyal \
variants: or less commonly

Definition of riyal

 (Entry 1 of 2)

the basic monetary unit of Qatar and Saudi Arabia — see Money Table

riyal

noun (2)
ri·​yal

less common spelling of

the basic monetary unit of Iran, Oman, and Yemen — see Money Table

Examples of riyal in a Sentence

Recent Examples on the Web: Noun Their performances drew thousands of fans and al-Saher’s concert alone generated 1.5 million Saudi riyals ($400,000) in ticket sales, festival organizers said. Washington Post, "Saudi festival showcases green mountains, flower crowns," 30 Aug. 2019 In Saudi Arabia, where a nationwide curfew has been enacted for three weeks starting Monday, violators will be fined 10,000 Saudi riyal ($2,777), which will be doubled for a second violation, the country's interior ministry said. NBC News, "Photo: Auto plant workers in Wuhan return to jobs," 25 Mar. 2020 The Saudi government sold 3.45 billion shares (equal to a 1.725% stake in the company) for 32 riyals each in December’s IPO, raising $29.4 billion. Adrian Croft, Fortune, "Here are two of the biggest losers form the Saudi Arabia oil price war," 9 Mar. 2020 Shares of Saudi Aramco, the Saudi national oil company, plummeted by more than 9 percent on Sunday, falling below its December initial public offering price of 32 riyals for the first time. New York Times, "Oil Prices Dive as Saudi Arabia Takes Aim at Russian Production," 8 Mar. 2020 That takes the stock below the 32 riyals per share level that the company was listed at less than three months ago. Rory Jones, WSJ, "Saudi Aramco Shares Fall Below IPO Price for First Time," 8 Mar. 2020 That’s still about 7% above 32 riyal initial float price. Adrian Croft, Fortune, "U.S.-Iran Standoff Pushes Saudi Aramco Shares into Correction Territory—and Analysts Expect it to Drop Further," 8 Jan. 2020 Bernstein initiated coverage of Aramco with the equivalent of a sell rating and a target price of 25.50 riyals, below the 35.20 riyal settlement on its first day of trading. Dan Murtaugh, Fortune, "As Saudi Aramco Shares Hit the Kingdom’s Coveted $2 Trillion Valuation, Some Analysts Say It’s Time to Sell," 12 Dec. 2019 Shares jumped in trading to reach up to 38.60 Saudi riyals, or $10.29 before noon, three hours before trading closes. Washington Post, "Saudi Aramco reaches $2 trillion value in day 2 of trading," 12 Dec. 2019

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'riyal.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

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First Known Use of riyal

Noun (1)

1856, in the meaning defined above

History and Etymology for riyal

Noun (1)

Arabic riyāl, from Spanish real real

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Time Traveler for riyal

Time Traveler

The first known use of riyal was in 1856

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Statistics for riyal

Last Updated

23 Apr 2020

Cite this Entry

“Riyal.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/riyal. Accessed 2 Jun. 2020.

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Rhyming Dictionary: Words that rhyme with riyal

Britannica.com: Encyclopedia article about riyal

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