Historic Colombian Peso Saudi riyal

Colombian Peso saudi riyal history for February 2024. The highest quote for this month is 0.000959 (18/02/2024) and the lowest 0.000965 (01/02/2024). The difference between high and low is -0.63.

COP SAR average rate for February 2024 is 0.00096, the change between 01/02/2024 and 29/02/2024 is +0.21 %.

01 February 20241 COP = 0.0010 SAR
02 February 20241 COP = 0.0010 SAR
03 February 20241 COP = 0.0010 SAR
04 February 20241 COP = 0.0010 SAR
05 February 20241 COP = 0.0010 SAR
06 February 20241 COP = 0.0009 SAR
07 February 20241 COP = 0.0009 SAR
08 February 20241 COP = 0.0009 SAR
09 February 20241 COP = 0.0009 SAR
12 February 20241 COP = 0.0010 SAR
13 February 20241 COP = 0.0010 SAR
14 February 20241 COP = 0.0010 SAR
15 February 20241 COP = 0.0010 SAR
16 February 20241 COP = 0.0010 SAR
18 February 20241 COP = 0.0010 SAR
19 February 20241 COP = 0.0010 SAR
20 February 20241 COP = 0.0010 SAR
21 February 20241 COP = 0.0010 SAR
22 February 20241 COP = 0.0010 SAR
23 February 20241 COP = 0.0010 SAR
24 February 20241 COP = 0.0009 SAR
25 February 20241 COP = 0.0009 SAR
26 February 20241 COP = 0.0010 SAR
27 February 20241 COP = 0.0009 SAR
28 February 20241 COP = 0.0010 SAR
29 February 20241 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.