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.
06/10/2008: Serbia applies for EU membership
Serbia officially applied for membership in the European Union, which could potentially impact the future of the Serbian Dinar as Serbia aligns with EU policies.
03/06/2006: Montenegro adopts the Euro
Montenegro unilaterally adopted the Euro as its official currency, while Serbia continued to use the Serbian Dinar.
20/12/2003: Launch of Riyal Interbank Express (SARIE)
SAMA launched SARIE, a real-time gross settlement system, improving interbank transactions and money transfers.
01/07/2003: Introduction of the Serbian Dinar
After the state union with Montenegro dissolved, Serbia reintroduced the Serbian Dinar as its national currency, replacing the New Dinar.
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.
01/04/1992: Introduction of the New Dinar
Due to the breakup of Yugoslavia, Serbia introduced the New Dinar as its currency, replacing the Yugoslav Dinar.
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.
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.
20/10/1944: Introduction of the Yugoslav Dinar
The Yugoslav Dinar was introduced, replacing the former currency in circulation, including the Serbian Dinar.
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.
01/11/1918: Merger with the Yugoslav Dinar
After World War I, the Serbian Dinar merged with the Yugoslav Dinar to form a unified currency for the Kingdom of Serbs, Croats, and Slovenes.
24/04/1868: Introduction of Serbian Dinar
The Serbian Dinar was introduced as the official currency of Serbia to replace the Ottoman akçe.