Historic Colombian Peso Saudi riyal

Colombian Peso saudi riyal history for December 2023. The highest quote for this month is 0.000978 (28/12/2023) and the lowest 0.000981 (28/12/2023). The difference between high and low is -0.31.

COP SAR average rate for December 2023 is 0.00095, the change between 01/12/2023 and 31/12/2023 is -3.43 %.

01 December 20231 COP = 0.0009 SAR
03 December 20231 COP = 0.0009 SAR
04 December 20231 COP = 0.0009 SAR
05 December 20231 COP = 0.0009 SAR
06 December 20231 COP = 0.0009 SAR
07 December 20231 COP = 0.0009 SAR
08 December 20231 COP = 0.0009 SAR
10 December 20231 COP = 0.0009 SAR
11 December 20231 COP = 0.0010 SAR
12 December 20231 COP = 0.0009 SAR
13 December 20231 COP = 0.0009 SAR
14 December 20231 COP = 0.0009 SAR
15 December 20231 COP = 0.0009 SAR
16 December 20231 COP = 0.0010 SAR
17 December 20231 COP = 0.0010 SAR
18 December 20231 COP = 0.0010 SAR
19 December 20231 COP = 0.0010 SAR
20 December 20231 COP = 0.0010 SAR
21 December 20231 COP = 0.0010 SAR
22 December 20231 COP = 0.0010 SAR
23 December 20231 COP = 0.0010 SAR
24 December 20231 COP = 0.0010 SAR
25 December 20231 COP = 0.0010 SAR
26 December 20231 COP = 0.0009 SAR
27 December 20231 COP = 0.0010 SAR
28 December 20231 COP = 0.0010 SAR
29 December 20231 COP = 0.0010 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.

02/12/2016: Peace Agreement Impact

After the signing of the peace agreement with FARC, the Colombian Peso strengthened and saw improvements in the economy.

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

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

24/07/2001: Exchange rate flexibility

Colombia allowed the Colombian Peso to have a flexible exchange rate, transitioning from a fixed exchange rate system.

21/10/1999: Colombia's Financial Crisis

Colombia faced a financial crisis resulting in a devaluation of the Peso and an economic recession.

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.

04/07/1991: Introduction of a New Peso

A new Peso was introduced with a higher value, replacing the old Peso due to high inflation.

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.

12/06/1953: Creation of Banco de la República

The central bank of Colombia, Banco de la República, was established to regulate and control the Colombian Peso.

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.

31/07/1886: Adoption of the Gold Standard

Colombia adopted the gold standard, linking the value of the Peso to gold, stabilizing the currency.

27/05/1837: Introduction of the Peso

The Colombian Peso was introduced as the official currency of Colombia, replacing the Spanish real.
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