Historic Saudi riyal Colombian Peso

Saudi riyal colombian peso history for February 2024. The highest quote for this month is 1058.12 (26/02/2024) and the lowest 1057.63 (25/02/2024). The difference between high and low is 0.05.

SAR COP average rate for February 2024 is 1047.04808, the change between 01/02/2024 and 29/02/2024 is -0.18 %.

01 February 20241 SAR = 1045.33 COP
02 February 20241 SAR = 1037.11 COP
03 February 20241 SAR = 1050.72 COP
04 February 20241 SAR = 1050.86 COP
05 February 20241 SAR = 1033.98 COP
06 February 20241 SAR = 1057.87 COP
07 February 20241 SAR = 1054.60 COP
08 February 20241 SAR = 1055.49 COP
09 February 20241 SAR = 1053.24 COP
12 February 20241 SAR = 1039.22 COP
13 February 20241 SAR = 1044.40 COP
14 February 20241 SAR = 1047.46 COP
15 February 20241 SAR = 1044.72 COP
16 February 20241 SAR = 1043.33 COP
18 February 20241 SAR = 1042.22 COP
19 February 20241 SAR = 1031.32 COP
20 February 20241 SAR = 1045.53 COP
21 February 20241 SAR = 1045.73 COP
22 February 20241 SAR = 1047.57 COP
23 February 20241 SAR = 1048.20 COP
24 February 20241 SAR = 1057.61 COP
25 February 20241 SAR = 1057.61 COP
26 February 20241 SAR = 1035.56 COP
27 February 20241 SAR = 1057.14 COP
28 February 20241 SAR = 1049.17 COP
29 February 20241 SAR = 1047.26 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.
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