Historic Saudi riyal Omani rial

Saudi riyal omani rial history for August 2023. The highest quote for this month is 0.10274 (19/08/2023) and the lowest 0.10274 (19/08/2023). The difference between high and low is 0.

SAR OMR average rate for August 2023 is 0.10219, the change between 01/08/2023 and 31/08/2023 is -0.02 %.

01 August 20231 SAR = 0.1024 OMR
02 August 20231 SAR = 0.1024 OMR
03 August 20231 SAR = 0.1024 OMR
04 August 20231 SAR = 0.1024 OMR
07 August 20231 SAR = 0.1024 OMR
08 August 20231 SAR = 0.1024 OMR
09 August 20231 SAR = 0.1024 OMR
10 August 20231 SAR = 0.1024 OMR
11 August 20231 SAR = 0.1024 OMR
12 August 20231 SAR = 0.1027 OMR
14 August 20231 SAR = 0.0996 OMR
15 August 20231 SAR = 0.1024 OMR
16 August 20231 SAR = 0.1024 OMR
17 August 20231 SAR = 0.1024 OMR
18 August 20231 SAR = 0.1024 OMR
19 August 20231 SAR = 0.1027 OMR
20 August 20231 SAR = 0.1027 OMR
21 August 20231 SAR = 0.0990 OMR
22 August 20231 SAR = 0.1024 OMR
23 August 20231 SAR = 0.1024 OMR
24 August 20231 SAR = 0.1024 OMR
25 August 20231 SAR = 0.1024 OMR
28 August 20231 SAR = 0.1025 OMR
29 August 20231 SAR = 0.1024 OMR
30 August 20231 SAR = 0.1024 OMR
31 August 20231 SAR = 0.1024 OMR

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.
SAR OMR July 2023
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