Historic Arab Emirates Dirham Saudi riyal

Arab Emirates Dirham saudi riyal history for November 2023. The highest quote for this month is 1.0242 (07/11/2023) and the lowest 1.0208 (12/11/2023). The difference between high and low is 0.33.

AED SAR average rate for November 2023 is 1.0203, the change between 01/11/2023 and 30/11/2023 is -0.02 %.

01 November 20231 AED = 1.020 SAR
02 November 20231 AED = 1.020 SAR
03 November 20231 AED = 1.020 SAR
06 November 20231 AED = 1.020 SAR
07 November 20231 AED = 1.020 SAR
08 November 20231 AED = 1.020 SAR
09 November 20231 AED = 1.020 SAR
10 November 20231 AED = 1.020 SAR
12 November 20231 AED = 1.021 SAR
13 November 20231 AED = 1.021 SAR
14 November 20231 AED = 1.020 SAR
15 November 20231 AED = 1.020 SAR
16 November 20231 AED = 1.020 SAR
17 November 20231 AED = 1.020 SAR
18 November 20231 AED = 1.021 SAR
19 November 20231 AED = 1.021 SAR
20 November 20231 AED = 1.020 SAR
21 November 20231 AED = 1.020 SAR
22 November 20231 AED = 1.020 SAR
23 November 20231 AED = 1.020 SAR
24 November 20231 AED = 1.020 SAR
26 November 20231 AED = 1.021 SAR
27 November 20231 AED = 1.020 SAR
28 November 20231 AED = 1.020 SAR
29 November 20231 AED = 1.020 SAR
30 November 20231 AED = 1.021 SAR

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.
AED SAR July 2023
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