Historic Saudi riyal Albanian lek

Saudi riyal albanian lek history for September 2023. The highest quote for this month is 27.009 (05/09/2023) and the lowest 26.463 (28/09/2023). The difference between high and low is 2.02.

SAR ALL average rate for September 2023 is 26.42629, the change between 01/09/2023 and 30/09/2023 is -3.03 %.

01 September 20231 SAR = 26.07 ALL
04 September 20231 SAR = 26.51 ALL
05 September 20231 SAR = 26.13 ALL
06 September 20231 SAR = 26.20 ALL
07 September 20231 SAR = 26.69 ALL
08 September 20231 SAR = 26.72 ALL
11 September 20231 SAR = 26.10 ALL
12 September 20231 SAR = 26.35 ALL
13 September 20231 SAR = 26.36 ALL
14 September 20231 SAR = 26.36 ALL
15 September 20231 SAR = 26.75 ALL
18 September 20231 SAR = 26.12 ALL
19 September 20231 SAR = 26.48 ALL
20 September 20231 SAR = 26.47 ALL
21 September 20231 SAR = 26.49 ALL
22 September 20231 SAR = 26.45 ALL
25 September 20231 SAR = 25.99 ALL
26 September 20231 SAR = 26.53 ALL
27 September 20231 SAR = 26.67 ALL
28 September 20231 SAR = 26.67 ALL
29 September 20231 SAR = 26.86 ALL

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.

31/12/2011: Replacement of 1 Lek coin

The 1 lek coin was demonetized and replaced by a banknote. The decision was made due to the high cost of producing the coin.

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

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

08/02/2000: Introduction of new banknotes and coins

A new series of banknotes and coins were introduced, featuring enhanced security features and updated designs.

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.

02/03/1997: Collapse of pyramid schemes

The collapse of pyramid schemes in Albania caused a severe economic crisis, resulting in hyperinflation and a significant devaluation of the lek.

26/06/1992: Transition to a market economy

Albania transitioned to a market economy, leading to a significant depreciation of the lek. The exchange rate changed to 1 lek = 9.3 old lek.

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.

01/10/1965: Introduction of the new lek

A new series of banknotes and coins were introduced, marking the transition to the new lek. The exchange rate was set at 1 new lek = 10 old lek.

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.

22/12/1947: Albania becomes a communist state

Following the establishment of a communist regime in Albania, the currency underwent a major devaluation, with the exchange rate changing to 1 lek = 12.5 old lek.

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.

01/09/1926: Introduction of the Albanian lek

The lek was introduced as the official currency of Albania, replacing the previous currency, the Turkish lira. The exchange rate was set at 1 lek = 35 Turkish lira.