Lebanese pound saudi riyal exchange rate history (LBP SAR) October 2023

Lebanese pound saudi riyal history for October 2023. The highest quote for this month is 0.00025 (01/10/2023) and the lowest 0.000252 (24/10/2023). The difference between high and low is -0.8.

LBP SAR average rate for October 2023 is 0.00025, the change between 01/10/2023 and 31/10/2023 is 0 %.

01 October 2023	1 LBP = 0.0003 SAR
02 October 2023	1 LBP = 0.0003 SAR
03 October 2023	1 LBP = 0.0003 SAR
04 October 2023	1 LBP = 0.0003 SAR
05 October 2023	1 LBP = 0.0003 SAR
06 October 2023	1 LBP = 0.0003 SAR
07 October 2023	1 LBP = 0.0003 SAR
09 October 2023	1 LBP = 0.0003 SAR
10 October 2023	1 LBP = 0.0003 SAR
11 October 2023	1 LBP = 0.0003 SAR
12 October 2023	1 LBP = 0.0003 SAR
13 October 2023	1 LBP = 0.0003 SAR
16 October 2023	1 LBP = 0.0003 SAR
17 October 2023	1 LBP = 0.0003 SAR
18 October 2023	1 LBP = 0.0003 SAR
19 October 2023	1 LBP = 0.0003 SAR
20 October 2023	1 LBP = 0.0003 SAR
21 October 2023	1 LBP = 0.0003 SAR
22 October 2023	1 LBP = 0.0003 SAR
23 October 2023	1 LBP = 0.0003 SAR
24 October 2023	1 LBP = 0.0003 SAR
25 October 2023	1 LBP = 0.0002 SAR
26 October 2023	1 LBP = 0.0003 SAR
27 October 2023	1 LBP = 0.0003 SAR
28 October 2023	1 LBP = 0.0003 SAR
29 October 2023	1 LBP = 0.0003 SAR
30 October 2023	1 LBP = 0.0003 SAR
31 October 2023	1 LBP = 0.0003 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.

Historic Lebanese pound Saudi riyal