Israeli Sheqel saudi riyal exchange rate history (ILS SAR) August 2023

Israeli Sheqel saudi riyal history for August 2023. The highest quote for this month is 1.0217 (01/08/2023) and the lowest 1.0339 (02/08/2023). The difference between high and low is -1.19.

ILS SAR average rate for August 2023 is 1.00235, the change between 01/08/2023 and 31/08/2023 is +3.11 %.

01 August 2023	1 ILS = 1.023 SAR
02 August 2023	1 ILS = 1.031 SAR
03 August 2023	1 ILS = 1.021 SAR
04 August 2023	1 ILS = 1.016 SAR
07 August 2023	1 ILS = 1.028 SAR
08 August 2023	1 ILS = 1.017 SAR
09 August 2023	1 ILS = 1.007 SAR
10 August 2023	1 ILS = 1.016 SAR
11 August 2023	1 ILS = 1.011 SAR
12 August 2023	1 ILS = 1.006 SAR
14 August 2023	1 ILS = 1.007 SAR
15 August 2023	1 ILS = 1.001 SAR
16 August 2023	1 ILS = 1.002 SAR
17 August 2023	1 ILS = 0.9990 SAR
18 August 2023	1 ILS = 0.9897 SAR
20 August 2023	1 ILS = 0.9886 SAR
21 August 2023	1 ILS = 0.9884 SAR
22 August 2023	1 ILS = 0.9875 SAR
23 August 2023	1 ILS = 0.9887 SAR
24 August 2023	1 ILS = 0.9963 SAR
25 August 2023	1 ILS = 0.9871 SAR
28 August 2023	1 ILS = 0.9859 SAR
29 August 2023	1 ILS = 0.9853 SAR
30 August 2023	1 ILS = 0.9861 SAR
31 August 2023	1 ILS = 0.9910 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.

29/12/2014: 1 US Dollar = 3.891 Israeli Sheqel

The Israeli Sheqel (ILS) reaches a historical low against the US Dollar in the foreign exchange market.

04/05/2008: Introduction of New Banknotes

New Israeli Sheqel (ILS) banknotes with enhanced security features were issued.

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

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

01/09/1999: Introduction of Sheqel Coins

Israeli Sheqel (ILS) coins were introduced, replacing the agora as the subunit of the 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.

24/02/1985: Hyperinflation Crisis

Israel experiences hyperinflation, leading to the introduction of the new Israeli Sheqel (ILS).

16/03/1960: Introduction of the New Sheqel

The old Israeli pound (ILP) was replaced by the new Israeli Sheqel (ILS) as the 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.

24/02/1949: Introduction of the Israel Pound

The Israeli pound (ILP) was introduced as legal tender in Israel.

24/09/1948: Israeli Declaration of Independence

The Israeli pound (ILP) was introduced as the official currency of Israel.

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.

Historic Israeli Sheqel Saudi riyal