Historic Saudi riyal Swiss franc

Saudi riyal swiss franc history for November 2023. The highest quote for this month is 0.24302 (01/11/2023) and the lowest 0.24214 (01/11/2023). The difference between high and low is 0.36.

SAR CHF average rate for November 2023 is 0.23793, the change between 01/11/2023 and 30/11/2023 is +4.02 %.

01 November 20231 SAR = 0.2428 CHF
02 November 20231 SAR = 0.2417 CHF
03 November 20231 SAR = 0.2418 CHF
06 November 20231 SAR = 0.2400 CHF
07 November 20231 SAR = 0.2401 CHF
08 November 20231 SAR = 0.2402 CHF
09 November 20231 SAR = 0.2400 CHF
10 November 20231 SAR = 0.2411 CHF
12 November 20231 SAR = 0.2405 CHF
13 November 20231 SAR = 0.2405 CHF
14 November 20231 SAR = 0.2406 CHF
15 November 20231 SAR = 0.2373 CHF
16 November 20231 SAR = 0.2368 CHF
17 November 20231 SAR = 0.2372 CHF
18 November 20231 SAR = 0.2361 CHF
19 November 20231 SAR = 0.2362 CHF
20 November 20231 SAR = 0.2364 CHF
21 November 20231 SAR = 0.2361 CHF
22 November 20231 SAR = 0.2358 CHF
23 November 20231 SAR = 0.2360 CHF
24 November 20231 SAR = 0.2361 CHF
26 November 20231 SAR = 0.2353 CHF
27 November 20231 SAR = 0.2355 CHF
28 November 20231 SAR = 0.2349 CHF
29 November 20231 SAR = 0.2341 CHF
30 November 20231 SAR = 0.2331 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.