Swiss franc saudi riyal exchange rate history (CHF SAR) November 2023

Swiss franc saudi riyal history for November 2023. The highest quote for this month is 4.2727 (30/11/2023) and the lowest 4.3111 (30/11/2023). The difference between high and low is -0.9.

CHF SAR average rate for November 2023 is 4.20348, the change between 01/11/2023 and 30/11/2023 is -4.18 %.

01 November 2023	1 CHF = 4.118 SAR
02 November 2023	1 CHF = 4.138 SAR
03 November 2023	1 CHF = 4.135 SAR
06 November 2023	1 CHF = 4.167 SAR
07 November 2023	1 CHF = 4.166 SAR
08 November 2023	1 CHF = 4.163 SAR
09 November 2023	1 CHF = 4.167 SAR
10 November 2023	1 CHF = 4.148 SAR
12 November 2023	1 CHF = 4.159 SAR
13 November 2023	1 CHF = 4.158 SAR
14 November 2023	1 CHF = 4.157 SAR
15 November 2023	1 CHF = 4.214 SAR
16 November 2023	1 CHF = 4.223 SAR
17 November 2023	1 CHF = 4.216 SAR
18 November 2023	1 CHF = 4.235 SAR
19 November 2023	1 CHF = 4.233 SAR
20 November 2023	1 CHF = 4.230 SAR
21 November 2023	1 CHF = 4.236 SAR
22 November 2023	1 CHF = 4.242 SAR
23 November 2023	1 CHF = 4.237 SAR
24 November 2023	1 CHF = 4.235 SAR
26 November 2023	1 CHF = 4.251 SAR
27 November 2023	1 CHF = 4.246 SAR
28 November 2023	1 CHF = 4.257 SAR
29 November 2023	1 CHF = 4.272 SAR
30 November 2023	1 CHF = 4.290 SAR

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.

Historic Swiss franc Saudi riyal