Saudi riyal indonesian rupiah exchange rate history (SAR IDR) December 2023

Saudi riyal indonesian rupiah history for December 2023. The highest quote for this month is 4184.95 (13/12/2023) and the lowest 4155.62 (13/12/2023). The difference between high and low is 0.7.

SAR IDR average rate for December 2023 is 4126.83963, the change between 01/12/2023 and 31/12/2023 is +0.76 %.

01 December 2023	1 SAR = 4150.26 IDR
03 December 2023	1 SAR = 4128.61 IDR
04 December 2023	1 SAR = 4115.87 IDR
05 December 2023	1 SAR = 4142.39 IDR
06 December 2023	1 SAR = 4126.41 IDR
07 December 2023	1 SAR = 4134.08 IDR
08 December 2023	1 SAR = 4136.35 IDR
10 December 2023	1 SAR = 4133.54 IDR
11 December 2023	1 SAR = 4149.17 IDR
12 December 2023	1 SAR = 4177.14 IDR
13 December 2023	1 SAR = 4156.19 IDR
14 December 2023	1 SAR = 4076.08 IDR
15 December 2023	1 SAR = 4128.33 IDR
16 December 2023	1 SAR = 4132.49 IDR
17 December 2023	1 SAR = 4130.95 IDR
18 December 2023	1 SAR = 4074.54 IDR
19 December 2023	1 SAR = 4124.86 IDR
20 December 2023	1 SAR = 4125.18 IDR
21 December 2023	1 SAR = 4142.26 IDR
22 December 2023	1 SAR = 4120.93 IDR
23 December 2023	1 SAR = 4129.39 IDR
24 December 2023	1 SAR = 4128.52 IDR
25 December 2023	1 SAR = 4108.68 IDR
26 December 2023	1 SAR = 4123.33 IDR
27 December 2023	1 SAR = 4106.34 IDR
28 December 2023	1 SAR = 4104.20 IDR
29 December 2023	1 SAR = 4118.58 IDR

04/03/2020: Rupiah Hits Lowest Point

The Rupiah reached its weakest level against the US dollar since the 1998 financial crisis, reflecting global economic uncertainty and the impact of the COVID-19 pandemic.

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.

27/07/2015: New Banknotes and Coins

The Bank of Indonesia introduced a new series of banknotes and coins with enhanced security features and updated designs to commemorate the country's achievements.

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

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

20/05/1998: Revaluation of Rupiah

As a response to the financial crisis, the Indonesian government revalued the Rupiah by removing three zeros from the currency, aiming to stabilize its value.

01/07/1997: Asian Financial Crisis

Indonesia, along with other Southeast Asian nations, experienced a severe currency crisis as the Rupiah plummeted in value against the US dollar, leading to economic turmoil.

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.

30/06/1986: 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.

29/11/1965: New Rupiah Symbol

The official symbol for the Rupiah (Rp) was introduced, replacing the previous abbreviation of 'Rp.' This symbol is still in use today.

31/05/1952: Currency Exchange Law

The Currency Exchange Law was enacted, establishing a fixed exchange rate for the Rupiah against the Dutch guilder, marking a significant milestone in the currency's stability.

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.

26/12/1949: Independence of Indonesia

Following Indonesia's independence from the Netherlands, the Rupiah was introduced as the official currency of the newly formed republic.

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 Saudi riyal Indonesian Rupiah