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Article 2

No: M/6 Date(g): 31/12/1959 | Date(h): 01/07/1379 Status: In-Force

The value of the Saudi Riyal shall be equivalent to 0.197482 grams of fine gold. This value shall be known as "the parity rate". The parity rate shall not be amended except by a Royal Decree and in accordance with the provisions of international agreements to which Saudi Arabia is a party.