Historic Israeli Sheqel Saudi riyal

Israeli Sheqel saudi riyal history for February 2024. The highest quote for this month is 1.0411 (29/02/2024) and the lowest 1.0544 (29/02/2024). The difference between high and low is -1.28.

ILS SAR average rate for February 2024 is 1.02821, the change between 01/02/2024 and 29/02/2024 is -1.29 %.

01 February 20241 ILS = 1.030 SAR
02 February 20241 ILS = 1.024 SAR
03 February 20241 ILS = 1.026 SAR
04 February 20241 ILS = 1.026 SAR
05 February 20241 ILS = 1.026 SAR
06 February 20241 ILS = 1.021 SAR
07 February 20241 ILS = 1.028 SAR
08 February 20241 ILS = 1.026 SAR
09 February 20241 ILS = 1.014 SAR
12 February 20241 ILS = 1.021 SAR
13 February 20241 ILS = 1.024 SAR
14 February 20241 ILS = 1.020 SAR
15 February 20241 ILS = 1.025 SAR
16 February 20241 ILS = 1.034 SAR
18 February 20241 ILS = 1.040 SAR
19 February 20241 ILS = 1.039 SAR
20 February 20241 ILS = 1.031 SAR
21 February 20241 ILS = 1.020 SAR
22 February 20241 ILS = 1.018 SAR
23 February 20241 ILS = 1.030 SAR
24 February 20241 ILS = 1.035 SAR
25 February 20241 ILS = 1.033 SAR
26 February 20241 ILS = 1.032 SAR
27 February 20241 ILS = 1.029 SAR
28 February 20241 ILS = 1.038 SAR
29 February 20241 ILS = 1.043 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.