Historic Saudi riyal Barbadian dollar

Saudi riyal barbadian dollar history for December 2023. The highest quote for this month is 0.5336 (16/12/2023) and the lowest 0.5336 (16/12/2023). The difference between high and low is 0.

SAR BBD average rate for December 2023 is 0.52848, the change between 01/12/2023 and 31/12/2023 is -0.58 %.

01 December 20231 SAR = 0.5268 BBD
03 December 20231 SAR = 0.5335 BBD
04 December 20231 SAR = 0.5265 BBD
05 December 20231 SAR = 0.5269 BBD
06 December 20231 SAR = 0.5266 BBD
07 December 20231 SAR = 0.5276 BBD
08 December 20231 SAR = 0.5268 BBD
10 December 20231 SAR = 0.5335 BBD
11 December 20231 SAR = 0.5269 BBD
12 December 20231 SAR = 0.5271 BBD
13 December 20231 SAR = 0.5267 BBD
14 December 20231 SAR = 0.5265 BBD
15 December 20231 SAR = 0.5265 BBD
16 December 20231 SAR = 0.5336 BBD
17 December 20231 SAR = 0.5334 BBD
18 December 20231 SAR = 0.5290 BBD
19 December 20231 SAR = 0.5266 BBD
20 December 20231 SAR = 0.5263 BBD
21 December 20231 SAR = 0.5268 BBD
22 December 20231 SAR = 0.5266 BBD
23 December 20231 SAR = 0.5336 BBD
24 December 20231 SAR = 0.5335 BBD
25 December 20231 SAR = 0.5269 BBD
26 December 20231 SAR = 0.5270 BBD
27 December 20231 SAR = 0.5272 BBD
28 December 20231 SAR = 0.5269 BBD
29 December 20231 SAR = 0.5298 BBD

26/06/2020: Currency peg under review

Barbados announced that it would review the decades-long currency peg of 2:1 with the US dollar, considering a shift to a floating exchange rate.

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.

05/08/2013: Devaluation of currency

Barbados devalued its currency by 10% to stimulate economic growth and competitiveness.

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.

24/07/1995: New currency design

Barbados introduced a new design for its currency, featuring national symbols and landmarks.

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.

05/05/1975: Introduction of decimalization

Barbados introduced decimalization, dividing the Barbadian Dollar into 100 cents.

01/01/1973: Fixed exchange rate

Barbados fixed its currency exchange rate to the US dollar at a rate of 2 Barbadian Dollars to 1 US Dollar.

03/07/1972: Barbados gains independence

Barbados gained independence from British rule, leading to the establishment of the Central Bank of Barbados.

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.

01/10/1935: Introduction of Barbadian Dollar

The Barbadian Dollar was introduced as the official currency of Barbados, replacing the East Caribbean dollar.

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.