Saudi riyal israeli sheqel exchange rate history (SAR ILS) August 2023

Saudi riyal israeli sheqel history for August 2023. The highest quote for this month is 1.0179 (31/08/2023) and the lowest 1.0129 (21/08/2023). The difference between high and low is 0.49.

SAR ILS average rate for August 2023 is 0.99786, the change between 01/08/2023 and 31/08/2023 is -3.21 %.

01 August 2023	1 SAR = 0.9777 ILS
02 August 2023	1 SAR = 0.9698 ILS
03 August 2023	1 SAR = 0.9797 ILS
04 August 2023	1 SAR = 0.9839 ILS
07 August 2023	1 SAR = 0.9733 ILS
08 August 2023	1 SAR = 0.9835 ILS
09 August 2023	1 SAR = 0.9933 ILS
10 August 2023	1 SAR = 0.9840 ILS
11 August 2023	1 SAR = 0.9892 ILS
12 August 2023	1 SAR = 0.9938 ILS
14 August 2023	1 SAR = 0.9934 ILS
15 August 2023	1 SAR = 0.9990 ILS
16 August 2023	1 SAR = 0.9979 ILS
17 August 2023	1 SAR = 1.001 ILS
18 August 2023	1 SAR = 1.010 ILS
20 August 2023	1 SAR = 1.012 ILS
21 August 2023	1 SAR = 1.012 ILS
22 August 2023	1 SAR = 1.013 ILS
23 August 2023	1 SAR = 1.012 ILS
24 August 2023	1 SAR = 1.004 ILS
25 August 2023	1 SAR = 1.013 ILS
28 August 2023	1 SAR = 1.014 ILS
29 August 2023	1 SAR = 1.015 ILS
30 August 2023	1 SAR = 1.014 ILS
31 August 2023	1 SAR = 1.009 ILS

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.

29/12/2014: 1 US Dollar = 3.891 Israeli Sheqel

The Israeli Sheqel (ILS) reaches a historical low against the US Dollar in the foreign exchange market.

04/05/2008: Introduction of New Banknotes

New Israeli Sheqel (ILS) banknotes with enhanced security features were issued.

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

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

01/09/1999: Introduction of Sheqel Coins

Israeli Sheqel (ILS) coins were introduced, replacing the agora as the subunit of the currency.

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.

24/02/1985: Hyperinflation Crisis

Israel experiences hyperinflation, leading to the introduction of the new Israeli Sheqel (ILS).

16/03/1960: Introduction of the New Sheqel

The old Israeli pound (ILP) was replaced by the new Israeli Sheqel (ILS) as the official currency.

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.

24/02/1949: Introduction of the Israel Pound

The Israeli pound (ILP) was introduced as legal tender in Israel.

24/09/1948: Israeli Declaration of Independence

The Israeli pound (ILP) was introduced as the official currency of Israel.

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 Israeli Sheqel