Historic Australian dollar Saudi riyal

Australian dollar saudi riyal history for October 2023. The highest quote for this month is 2.4108 (01/10/2023) and the lowest 2.4149 (11/10/2023). The difference between high and low is -0.17.

AUD SAR average rate for October 2023 is 2.38116, the change between 01/10/2023 and 31/10/2023 is +1.03 %.

01 October 20231 AUD = 2.412 SAR
02 October 20231 AUD = 2.414 SAR
03 October 20231 AUD = 2.383 SAR
04 October 20231 AUD = 2.363 SAR
05 October 20231 AUD = 2.371 SAR
06 October 20231 AUD = 2.387 SAR
07 October 20231 AUD = 2.394 SAR
09 October 20231 AUD = 2.387 SAR
10 October 20231 AUD = 2.405 SAR
11 October 20231 AUD = 2.410 SAR
12 October 20231 AUD = 2.404 SAR
13 October 20231 AUD = 2.366 SAR
16 October 20231 AUD = 2.365 SAR
17 October 20231 AUD = 2.374 SAR
18 October 20231 AUD = 2.384 SAR
19 October 20231 AUD = 2.372 SAR
20 October 20231 AUD = 2.370 SAR
21 October 20231 AUD = 2.367 SAR
22 October 20231 AUD = 2.368 SAR
23 October 20231 AUD = 2.368 SAR
24 October 20231 AUD = 2.374 SAR
25 October 20231 AUD = 2.383 SAR
26 October 20231 AUD = 2.359 SAR
27 October 20231 AUD = 2.374 SAR
28 October 20231 AUD = 2.376 SAR
29 October 20231 AUD = 2.375 SAR
30 October 20231 AUD = 2.378 SAR
31 October 20231 AUD = 2.387 SAR

18/03/2020: COVID-19 pandemic impact

The Australian dollar experienced a sharp decline due to the global economic impact of the COVID-19 pandemic and uncertainty in financial markets.

20/05/2018: SAMA grants licenses for full-fledged digital banks

SAMA issued licenses to two banks for providing digital banking services, reflecting a shift towards digitalization in the financial sector.

21/12/2016: Saudi Arabia introduces the SAR 200 note

A new 200 riyal banknote was introduced, featuring a portrait of King Abdullah bin Abdulaziz Al Saud.

13/10/2011: Record high exchange rate

The Australian dollar reached a record high exchange rate of above $1.10 against the US dollar, driven by strong commodity demand and high interest rates.

06/10/2008: Global Financial Crisis

The Australian dollar experienced a significant decline due to the impact of the global financial crisis, reaching a low point of around $0.60 against the US dollar.

20/12/2003: Launch of Riyal Interbank Express (SARIE)

SAMA launched SARIE, a real-time gross settlement system, improving interbank transactions and money transfers.

27/05/1997: Introduction of Saudi Arabian Monetary Agency new design series

SAMA introduced a new series of banknotes with enhanced security features to combat counterfeiting.

30/06/1996: Introduction of the polymer banknotes

Australia introduced polymer banknotes, replacing the paper-based banknotes, enhancing their durability and security features.

30/06/1986: Saudi riyal pegged to the US dollar at 3.75 SAR per USD

Saudi Arabia pegged its currency to the USD, ensuring stability and ease of trade with international partners.

08/03/1983: Floating of the Australian dollar

The Australian dollar was fully floated and allowed to fluctuate freely on the foreign exchange market, leading to increased volatility.

12/12/1971: End of the fixed exchange rate

Australia shifted from a fixed exchange rate to a flexible exchange rate, allowing market forces to determine the value of the Australian dollar.

13/02/1966: Decimalisation of the Australian currency

Australia adopted decimal currency, replacing the pound with the Australian dollar, symbol 'A$'.

01/03/1952: Introduction of Saudi Arabian Monetary Agency (SAMA)

SAMA was established as the central bank of Saudi Arabia, responsible for issuing and managing the Saudi riyal.

23/09/1932: Establishment of the Kingdom of Saudi Arabia

The Saudi riyal currency was introduced following the unification of the Kingdom under King Abdulaziz Al Saud.
AUD SAR July 2023
AUD SAR August 2023
AUD SAR September 2023
AUD SAR October 2023
AUD SAR November 2023
AUD SAR December 2023
AUD SAR January 2024
AUD SAR February 2024
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AUD SAR July 2024