Historic Saudi riyal Swiss franc

Saudi riyal swiss franc history for December 2023. The highest quote for this month is 0.23505 (08/12/2023) and the lowest 0.23459 (10/12/2023). The difference between high and low is 0.2.

SAR CHF average rate for December 2023 is 0.23094, the change between 01/12/2023 and 31/12/2023 is +3.55 %.

01 December 20231 SAR = 0.2335 CHF
03 December 20231 SAR = 0.2317 CHF
04 December 20231 SAR = 0.2314 CHF
05 December 20231 SAR = 0.2329 CHF
06 December 20231 SAR = 0.2336 CHF
07 December 20231 SAR = 0.2336 CHF
08 December 20231 SAR = 0.2336 CHF
10 December 20231 SAR = 0.2348 CHF
11 December 20231 SAR = 0.2346 CHF
12 December 20231 SAR = 0.2344 CHF
13 December 20231 SAR = 0.2336 CHF
14 December 20231 SAR = 0.2324 CHF
15 December 20231 SAR = 0.2314 CHF
18 December 20231 SAR = 0.2321 CHF
19 December 20231 SAR = 0.2314 CHF
20 December 20231 SAR = 0.2296 CHF
21 December 20231 SAR = 0.2302 CHF
22 December 20231 SAR = 0.2285 CHF
23 December 20231 SAR = 0.2280 CHF
24 December 20231 SAR = 0.2282 CHF
25 December 20231 SAR = 0.2280 CHF
26 December 20231 SAR = 0.2282 CHF
27 December 20231 SAR = 0.2276 CHF
28 December 20231 SAR = 0.2249 CHF
29 December 20231 SAR = 0.2252 CHF

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.

15/01/2015: Removal of Minimum Exchange Rate

The Swiss National Bank unexpectedly abandoned the minimum exchange rate, causing the Swiss franc (CHF) to surge in value.

06/09/2011: Implementation of Minimum Exchange Rate

The Swiss National Bank imposed a minimum exchange rate pegging the Swiss franc (CHF) to the Euro to prevent excessive appreciation.

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

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

13/09/1999: Introduction of Euro

Switzerland decided not to join the Eurozone and maintain the Swiss franc (CHF) as its official 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.

08/05/1973: Floatation of Swiss Franc

Switzerland abandoned the fixed exchange rate system, allowing the Swiss franc (CHF) to float freely against other currencies.

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.

01/05/1936: Introduction of Swiss National Bank

The Swiss National Bank was established as the central bank responsible for issuing and managing the Swiss franc (CHF).

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.

24/11/1907: Gold Standard Referendum

Switzerland voted to adopt the gold standard, making the Swiss franc (CHF) fully convertible into gold.

06/06/1850: Currency Act of 1850

The Swiss franc (CHF) was introduced as the official currency of Switzerland.
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