Historic Lebanese pound Saudi riyal

Lebanese pound saudi riyal history for December 2023. The highest quote for this month is 0.00025 (01/12/2023) and the lowest 0.000252 (14/12/2023). The difference between high and low is -0.8.

LBP SAR average rate for December 2023 is 0.00025, the change between 01/12/2023 and 31/12/2023 is +0.4 %.

01 December 20231 LBP = 0.0003 SAR
03 December 20231 LBP = 0.0003 SAR
04 December 20231 LBP = 0.0003 SAR
05 December 20231 LBP = 0.0002 SAR
06 December 20231 LBP = 0.0003 SAR
07 December 20231 LBP = 0.0002 SAR
08 December 20231 LBP = 0.0003 SAR
10 December 20231 LBP = 0.0003 SAR
11 December 20231 LBP = 0.0003 SAR
12 December 20231 LBP = 0.0003 SAR
13 December 20231 LBP = 0.0003 SAR
14 December 20231 LBP = 0.0003 SAR
15 December 20231 LBP = 0.0003 SAR
16 December 20231 LBP = 0.0003 SAR
17 December 20231 LBP = 0.0003 SAR
18 December 20231 LBP = 0.0002 SAR
19 December 20231 LBP = 0.0003 SAR
20 December 20231 LBP = 0.0003 SAR
21 December 20231 LBP = 0.0002 SAR
22 December 20231 LBP = 0.0003 SAR
23 December 20231 LBP = 0.0003 SAR
24 December 20231 LBP = 0.0003 SAR
25 December 20231 LBP = 0.0003 SAR
26 December 20231 LBP = 0.0003 SAR
27 December 20231 LBP = 0.0003 SAR
28 December 20231 LBP = 0.0003 SAR
29 December 20231 LBP = 0.0002 SAR

17/10/2019: Protests against economic crisis

Mass protests erupted in Lebanon due to economic crisis, leading to further depreciation of the Lebanese pound.

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.

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

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

03/11/1997: Revaluation of the Lebanese pound

The Lebanese pound was revalued at a rate of 1,500 LBP = 1 USD, ending the fixed exchange rate with the US dollar.

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.

01/01/1986: Introduction of the parallel exchange market

The parallel exchange market was introduced in Lebanon, leading to a diverging exchange rate between the official and unofficial markets.

01/01/1976: Lebanese Civil War

The Lebanese Civil War began, causing significant economic instability and devaluation of the Lebanese pound.

01/01/1961: Pegged to the US dollar

The Lebanese pound was pegged to the US dollar at an exchange rate of 1 LBP = 1.5 USD.

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.

27/11/1941: Devaluation of the Lebanese pound

The Lebanese pound was devalued by 41.9% following the breakup of the French franc.

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.

01/10/1920: Lebanese pound introduced

The Lebanese pound was introduced at a fixed exchange rate of 1 pound = 20 French francs during the French mandate period.