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 January 2024
SAR GBP February 2024
SAR GBP March 2024
SAR GBP April 2024
SAR GBP May 2024
SAR GBP June 2024
SAR GBP July 2024
SAR GBP August 2024
SAR GBP September 2024
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SAR GBP November 2024
SAR GBP December 2024
SAR GBP January 2025