Saudi riyal colombian peso exchange rate history (SAR COP) August 2023

Saudi riyal colombian peso history for August 2023. The highest quote for this month is 1107.79 (04/08/2023) and the lowest 1098.55 (04/08/2023). The difference between high and low is 0.83.

SAR COP average rate for August 2023 is 1084.49269, the change between 01/08/2023 and 31/08/2023 is -4.9 %.

01 August 2023	1 SAR = 1042.40 COP
02 August 2023	1 SAR = 1059.01 COP
03 August 2023	1 SAR = 1078.50 COP
04 August 2023	1 SAR = 1098.40 COP
07 August 2023	1 SAR = 1090.02 COP
08 August 2023	1 SAR = 1074.78 COP
09 August 2023	1 SAR = 1080.88 COP
10 August 2023	1 SAR = 1081.22 COP
11 August 2023	1 SAR = 1063.94 COP
12 August 2023	1 SAR = 1059.38 COP
14 August 2023	1 SAR = 1056.41 COP
15 August 2023	1 SAR = 1077.79 COP
16 August 2023	1 SAR = 1093.01 COP
17 August 2023	1 SAR = 1100.58 COP
18 August 2023	1 SAR = 1093.38 COP
19 August 2023	1 SAR = 1098.55 COP
20 August 2023	1 SAR = 1098.25 COP
21 August 2023	1 SAR = 1097.93 COP
22 August 2023	1 SAR = 1084.13 COP
23 August 2023	1 SAR = 1097.35 COP
24 August 2023	1 SAR = 1092.26 COP
25 August 2023	1 SAR = 1088.98 COP
28 August 2023	1 SAR = 1099.41 COP
29 August 2023	1 SAR = 1100.17 COP
30 August 2023	1 SAR = 1096.65 COP
31 August 2023	1 SAR = 1093.43 COP

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.

02/12/2016: Peace Agreement Impact

After the signing of the peace agreement with FARC, the Colombian Peso strengthened and saw improvements in the economy.

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

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

24/07/2001: Exchange rate flexibility

Colombia allowed the Colombian Peso to have a flexible exchange rate, transitioning from a fixed exchange rate system.

21/10/1999: Colombia's Financial Crisis

Colombia faced a financial crisis resulting in a devaluation of the Peso and an economic recession.

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.

04/07/1991: Introduction of a New Peso

A new Peso was introduced with a higher value, replacing the old Peso due to high inflation.

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.

12/06/1953: Creation of Banco de la República

The central bank of Colombia, Banco de la República, was established to regulate and control the Colombian Peso.

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.

31/07/1886: Adoption of the Gold Standard

Colombia adopted the gold standard, linking the value of the Peso to gold, stabilizing the currency.

27/05/1837: Introduction of the Peso

The Colombian Peso was introduced as the official currency of Colombia, replacing the Spanish real.

Historic Saudi riyal Colombian Peso