Saudi riyal egyptian pound exchange rate history (SAR EGP) October 2023

Saudi riyal egyptian pound history for October 2023. The highest quote for this month is 8.2685 (02/10/2023) and the lowest 8.2375 (20/10/2023). The difference between high and low is 0.37.

SAR EGP average rate for October 2023 is 8.23428, the change between 01/10/2023 and 31/10/2023 is -0.1 %.

01 October 2023	1 SAR = 8.23 EGP
02 October 2023	1 SAR = 8.27 EGP
03 October 2023	1 SAR = 8.25 EGP
04 October 2023	1 SAR = 8.25 EGP
05 October 2023	1 SAR = 8.21 EGP
06 October 2023	1 SAR = 8.21 EGP
07 October 2023	1 SAR = 8.20 EGP
09 October 2023	1 SAR = 8.21 EGP
10 October 2023	1 SAR = 8.24 EGP
11 October 2023	1 SAR = 8.24 EGP
12 October 2023	1 SAR = 8.25 EGP
13 October 2023	1 SAR = 8.24 EGP
16 October 2023	1 SAR = 8.23 EGP
17 October 2023	1 SAR = 8.25 EGP
18 October 2023	1 SAR = 8.24 EGP
19 October 2023	1 SAR = 8.25 EGP
20 October 2023	1 SAR = 8.24 EGP
21 October 2023	1 SAR = 8.23 EGP
22 October 2023	1 SAR = 8.23 EGP
23 October 2023	1 SAR = 8.24 EGP
24 October 2023	1 SAR = 8.24 EGP
25 October 2023	1 SAR = 8.25 EGP
26 October 2023	1 SAR = 8.24 EGP
27 October 2023	1 SAR = 8.24 EGP
28 October 2023	1 SAR = 8.23 EGP
29 October 2023	1 SAR = 8.23 EGP
30 October 2023	1 SAR = 8.20 EGP
31 October 2023	1 SAR = 8.24 EGP

03/11/2020: Economic Impact of COVID-19

The COVID-19 pandemic caused economic disruptions globally, affecting the Egyptian Pound's exchange rate and foreign reserves.

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.

14/11/1999: Liberalization of Exchange Rate

The Egyptian government implemented a managed float exchange rate system, allowing the Pound to fluctuate based on market forces.

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.

12/08/1987: Introduction of New Egyptian Pound

A new Egyptian Pound banknote was introduced to combat counterfeiting and improve 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.

14/09/1962: Devaluation of the Pound

The Egyptian government devalued the Pound by 55%, leading to a significant decrease in its value.

23/07/1952: Overthrow of the Monarchy

The Egyptian monarchy was overthrown, leading to political and economic changes that affected the value of the Egyptian Pound.

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.

02/05/1885: Establishment of Central Bank of Egypt

The Central Bank of Egypt was established to regulate the currency and banking system in Egypt.

29/07/1834: Introduction of Egyptian Pound

The Egyptian Pound was introduced as the official currency of Egypt, replacing the piastre.

Historic Saudi riyal Egyptian Pound