Historic Saudi riyal Arab Emirates Dirham

Saudi riyal arab emirates dirham history for February 2024. The highest quote for this month is 0.9805 (02/02/2024) and the lowest 0.9805 (01/02/2024). The difference between high and low is 0.

SAR AED average rate for February 2024 is 0.98022, the change between 01/02/2024 and 29/02/2024 is +0.02 %.

01 February 20241 SAR = 0.9804 AED
02 February 20241 SAR = 0.9804 AED
03 February 20241 SAR = 0.9799 AED
04 February 20241 SAR = 0.9800 AED
05 February 20241 SAR = 0.9793 AED
06 February 20241 SAR = 0.9803 AED
07 February 20241 SAR = 0.9804 AED
08 February 20241 SAR = 0.9803 AED
09 February 20241 SAR = 0.9804 AED
12 February 20241 SAR = 0.9805 AED
13 February 20241 SAR = 0.9803 AED
14 February 20241 SAR = 0.9803 AED
15 February 20241 SAR = 0.9803 AED
16 February 20241 SAR = 0.9804 AED
18 February 20241 SAR = 0.9797 AED
19 February 20241 SAR = 0.9804 AED
20 February 20241 SAR = 0.9803 AED
21 February 20241 SAR = 0.9805 AED
22 February 20241 SAR = 0.9804 AED
23 February 20241 SAR = 0.9804 AED
24 February 20241 SAR = 0.9798 AED
25 February 20241 SAR = 0.9798 AED
26 February 20241 SAR = 0.9804 AED
27 February 20241 SAR = 0.9803 AED
28 February 20241 SAR = 0.9803 AED
29 February 20241 SAR = 0.9802 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.