Saudi riyal arab emirates dirham exchange rate history (SAR AED) August 2023

Saudi riyal arab emirates dirham history for August 2023. The highest quote for this month is 0.9803 (17/08/2023) and the lowest 0.9807 (15/08/2023). The difference between high and low is -0.04.

SAR AED average rate for August 2023 is 0.9799, the change between 01/08/2023 and 31/08/2023 is -0.01 %.

01 August 2023	1 SAR = 0.9800 AED
02 August 2023	1 SAR = 0.9798 AED
03 August 2023	1 SAR = 0.9799 AED
04 August 2023	1 SAR = 0.9800 AED
07 August 2023	1 SAR = 0.9789 AED
08 August 2023	1 SAR = 0.9800 AED
09 August 2023	1 SAR = 0.9801 AED
10 August 2023	1 SAR = 0.9799 AED
11 August 2023	1 SAR = 0.9799 AED
12 August 2023	1 SAR = 0.9794 AED
14 August 2023	1 SAR = 0.9788 AED
15 August 2023	1 SAR = 0.9800 AED
16 August 2023	1 SAR = 0.9802 AED
17 August 2023	1 SAR = 0.9803 AED
18 August 2023	1 SAR = 0.9804 AED
19 August 2023	1 SAR = 0.9800 AED
20 August 2023	1 SAR = 0.9798 AED
21 August 2023	1 SAR = 0.9793 AED
22 August 2023	1 SAR = 0.9802 AED
23 August 2023	1 SAR = 0.9801 AED
24 August 2023	1 SAR = 0.9801 AED
25 August 2023	1 SAR = 0.9800 AED
28 August 2023	1 SAR = 0.9799 AED
29 August 2023	1 SAR = 0.9801 AED
30 August 2023	1 SAR = 0.9802 AED
31 August 2023	1 SAR = 0.9801 AED

17/06/2018: Introduction of New Banknotes

A new series of UAE dirham banknotes, featuring enhanced durability, 3D security features, and tactile marks for visually impaired individuals, is introduced.

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.

01/01/2007: Security Enhancements

New security features, including holograms and advanced anti-counterfeiting measures, are added to the UAE dirham banknotes.

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

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

01/12/2002: Introduction of Modern Coinage

A new series of UAE dirham coins, featuring modern designs and security features, is introduced.

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.

20/03/1995: Currency Peg to US Dollar

The UAE dirham is pegged to the United States dollar at a fixed exchange rate of 1 USD to 3.6725 AED.

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.

01/01/1978: Currency Issuance Authority

The UAE Currency Issuing Authority is established, granting the authority to issue and manage the UAE dirham.

28/01/1973: Decoupling from Pound Sterling

The UAE dirham is officially decoupled from the British pound sterling and a new exchange rate is set.

02/12/1971: Formation of UAE

The United Arab Emirates is formed, resulting in the introduction of the UAE dirham as its official currency.

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.

Historic Saudi riyal Arab Emirates Dirham