Historic Saudi riyal Pound sterling

Saudi riyal pound sterling history for November 2023. The highest quote for this month is 0.22059 (01/11/2023) and the lowest 0.21943 (01/11/2023). The difference between high and low is 0.53.

SAR GBP average rate for November 2023 is 0.21504, the change between 01/11/2023 and 30/11/2023 is +4.29 %.

01 November 20231 SAR = 0.2196 GBP
02 November 20231 SAR = 0.2191 GBP
03 November 20231 SAR = 0.2189 GBP
06 November 20231 SAR = 0.2157 GBP
07 November 20231 SAR = 0.2162 GBP
08 November 20231 SAR = 0.2172 GBP
09 November 20231 SAR = 0.2173 GBP
10 November 20231 SAR = 0.2185 GBP
12 November 20231 SAR = 0.2182 GBP
13 November 20231 SAR = 0.2181 GBP
14 November 20231 SAR = 0.2174 GBP
15 November 20231 SAR = 0.2136 GBP
16 November 20231 SAR = 0.2149 GBP
17 November 20231 SAR = 0.2151 GBP
19 November 20231 SAR = 0.2141 GBP
20 November 20231 SAR = 0.2143 GBP
21 November 20231 SAR = 0.2134 GBP
22 November 20231 SAR = 0.2128 GBP
23 November 20231 SAR = 0.2137 GBP
24 November 20231 SAR = 0.2130 GBP
26 November 20231 SAR = 0.2117 GBP
27 November 20231 SAR = 0.2119 GBP
28 November 20231 SAR = 0.2113 GBP
29 November 20231 SAR = 0.2100 GBP
30 November 20231 SAR = 0.2102 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
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