Historic Saudi riyal Pound sterling

Saudi riyal pound sterling history for January 2024. The highest quote for this month is 0.2119 (17/01/2024) and the lowest 0.21103 (03/01/2024). The difference between high and low is 0.41.

SAR GBP average rate for January 2024 is 0.21004, the change between 01/01/2024 and 31/01/2024 is -0.28 %.

01 January 20241 SAR = 0.2097 GBP
02 January 20241 SAR = 0.2095 GBP
03 January 20241 SAR = 0.2115 GBP
04 January 20241 SAR = 0.2106 GBP
05 January 20241 SAR = 0.2105 GBP
07 January 20241 SAR = 0.2098 GBP
08 January 20241 SAR = 0.2097 GBP
09 January 20241 SAR = 0.2095 GBP
10 January 20241 SAR = 0.2100 GBP
11 January 20241 SAR = 0.2095 GBP
12 January 20241 SAR = 0.2090 GBP
14 January 20241 SAR = 0.2092 GBP
15 January 20241 SAR = 0.2096 GBP
16 January 20241 SAR = 0.2100 GBP
17 January 20241 SAR = 0.2112 GBP
18 January 20241 SAR = 0.2106 GBP
19 January 20241 SAR = 0.2100 GBP
22 January 20241 SAR = 0.2100 GBP
23 January 20241 SAR = 0.2101 GBP
24 January 20241 SAR = 0.2104 GBP
25 January 20241 SAR = 0.2099 GBP
26 January 20241 SAR = 0.2101 GBP
28 January 20241 SAR = 0.2102 GBP
29 January 20241 SAR = 0.2103 GBP
30 January 20241 SAR = 0.2100 GBP
31 January 20241 SAR = 0.2103 GBP

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.

23/06/2016: Brexit Referendum

The United Kingdom voted to leave the European Union, causing significant uncertainty and volatility in the pound sterling's value.

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

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

31/12/1999: Establishment of the Euro

The euro was introduced as an electronic currency, paving the way for the eventual replacement of some national currencies, including the pound.

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.

16/09/1992: Black Wednesday

The pound sterling experienced a severe drop in value and the UK was forced to withdraw from the European Exchange Rate Mechanism (ERM).

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.

14/02/1971: Decimalization of the Pound

The pound sterling was decimalized, with the old system of pounds, shillings and pence replaced by a decimal 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.

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.

06/12/1921: Currency Separation with Ireland

Following the Anglo-Irish Treaty, Ireland left the United Kingdom and established its own currency, leading to separate pound sterling notes.

21/12/1816: Gold Standard Introduced

The pound sterling was officially placed on the gold standard, meaning it was backed by a fixed amount of gold.

27/07/1694: Bank of England Established

The Bank of England was founded and granted a royal charter, becoming the central bank of England.
SAR GBP July 2023
SAR GBP August 2023
SAR GBP September 2023
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SAR GBP November 2023
SAR GBP December 2023
SAR GBP January 2024
SAR GBP February 2024
SAR GBP March 2024
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SAR GBP May 2024
SAR GBP June 2024
SAR GBP July 2024