Omani rial saudi riyal exchange rate history (OMR SAR) October 2023

Omani rial saudi riyal history for October 2023. The highest quote for this month is 9.779 (30/10/2023) and the lowest 10.092 (09/10/2023). The difference between high and low is -3.2.

OMR SAR average rate for October 2023 is 9.77204, the change between 01/10/2023 and 31/10/2023 is -0.32 %.

01 October 2023	1 OMR = 9.74 SAR
02 October 2023	1 OMR = 9.77 SAR
03 October 2023	1 OMR = 9.77 SAR
04 October 2023	1 OMR = 9.77 SAR
05 October 2023	1 OMR = 9.77 SAR
06 October 2023	1 OMR = 9.77 SAR
07 October 2023	1 OMR = 9.74 SAR
09 October 2023	1 OMR = 9.75 SAR
10 October 2023	1 OMR = 9.77 SAR
11 October 2023	1 OMR = 9.77 SAR
12 October 2023	1 OMR = 9.77 SAR
13 October 2023	1 OMR = 9.77 SAR
16 October 2023	1 OMR = 10.08 SAR
17 October 2023	1 OMR = 9.77 SAR
18 October 2023	1 OMR = 9.77 SAR
19 October 2023	1 OMR = 9.77 SAR
20 October 2023	1 OMR = 9.77 SAR
21 October 2023	1 OMR = 9.74 SAR
22 October 2023	1 OMR = 9.74 SAR
23 October 2023	1 OMR = 9.76 SAR
24 October 2023	1 OMR = 9.77 SAR
25 October 2023	1 OMR = 9.77 SAR
26 October 2023	1 OMR = 9.76 SAR
27 October 2023	1 OMR = 9.77 SAR
29 October 2023	1 OMR = 9.74 SAR
30 October 2023	1 OMR = 9.77 SAR
31 October 2023	1 OMR = 9.77 SAR

16/03/2021: New 5 Rial Polymer Banknote Introduced

A new polymer banknote with a denomination of 5 rials was introduced, enhancing durability and security features of the currency.

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.

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

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

15/01/2003: New Omani Rial Banknotes Issued

New series of Omani rial banknotes were introduced, featuring enhanced security features and updated designs.

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.

12/06/1994: Smaller Denomination Coins Issued

Small denomination coins, including 5, 10, 25, and 50 baisa coins, were issued in order to facilitate everyday transactions.

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.

17/03/1986: 200 Baisa Coin Introduced

A new 200 baisa coin was introduced, becoming the highest denomination coin in circulation at that time.

11/11/1975: 1/8 Rial Copper-Nickel Coin Introduced

A new 1/8 rial coin made of copper-nickel was introduced, representing a fractional value of the rial currency.

02/03/1973: Rial Oman Pegged to US Dollar

The Omani rial was officially pegged to the United States dollar, with an exchange rate of 1 OMR = 2.895 USD.

27/07/1970: Rial Oman is Introduced

The Omani rial was introduced, replacing the Gulf rupee at a rate of 1 rial = 2.6008 rupees.

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.

Historic Omani rial Saudi riyal