Historic Saudi riyal Swiss franc

Saudi riyal swiss franc history for January 2024. The highest quote for this month is 0.23293 (23/01/2024) and the lowest 0.23159 (19/01/2024). The difference between high and low is 0.58.

SAR CHF average rate for January 2024 is 0.22877, the change between 01/01/2024 and 31/01/2024 is -2.51 %.

01 January 20241 SAR = 0.2245 CHF
02 January 20241 SAR = 0.2245 CHF
03 January 20241 SAR = 0.2270 CHF
04 January 20241 SAR = 0.2266 CHF
05 January 20241 SAR = 0.2269 CHF
08 January 20241 SAR = 0.2269 CHF
09 January 20241 SAR = 0.2264 CHF
10 January 20241 SAR = 0.2276 CHF
11 January 20241 SAR = 0.2271 CHF
12 January 20241 SAR = 0.2272 CHF
14 January 20241 SAR = 0.2270 CHF
15 January 20241 SAR = 0.2278 CHF
16 January 20241 SAR = 0.2285 CHF
17 January 20241 SAR = 0.2300 CHF
18 January 20241 SAR = 0.2308 CHF
19 January 20241 SAR = 0.2317 CHF
22 January 20241 SAR = 0.2316 CHF
23 January 20241 SAR = 0.2320 CHF
24 January 20241 SAR = 0.2322 CHF
25 January 20241 SAR = 0.2304 CHF
26 January 20241 SAR = 0.2315 CHF
28 January 20241 SAR = 0.2304 CHF
29 January 20241 SAR = 0.2307 CHF
30 January 20241 SAR = 0.2300 CHF
31 January 20241 SAR = 0.2301 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.
SAR CHF July 2023
SAR CHF August 2023
SAR CHF September 2023
SAR CHF October 2023
SAR CHF November 2023
SAR CHF December 2023
SAR CHF January 2024
SAR CHF February 2024
SAR CHF March 2024
SAR CHF April 2024
SAR CHF May 2024
SAR CHF June 2024
SAR CHF July 2024