Historic Saudi riyal Colombian Peso

Saudi riyal colombian peso history for November 2023. The highest quote for this month is 1103.88 (17/11/2023) and the lowest 1097.22 (01/11/2023). The difference between high and low is 0.6.

SAR COP average rate for November 2023 is 1076.17192, the change between 01/11/2023 and 30/11/2023 is +3.02 %.

01 November 20231 SAR = 1097.73 COP
02 November 20231 SAR = 1094.50 COP
03 November 20231 SAR = 1080.09 COP
06 November 20231 SAR = 1052.17 COP
07 November 20231 SAR = 1061.76 COP
08 November 20231 SAR = 1070.61 COP
09 November 20231 SAR = 1091.33 COP
10 November 20231 SAR = 1081.63 COP
12 November 20231 SAR = 1073.41 COP
13 November 20231 SAR = 1061.72 COP
14 November 20231 SAR = 1073.98 COP
15 November 20231 SAR = 1057.12 COP
16 November 20231 SAR = 1075.61 COP
17 November 20231 SAR = 1090.81 COP
18 November 20231 SAR = 1085.07 COP
19 November 20231 SAR = 1085.07 COP
20 November 20231 SAR = 1073.16 COP
21 November 20231 SAR = 1080.26 COP
22 November 20231 SAR = 1086.84 COP
23 November 20231 SAR = 1085.44 COP
24 November 20231 SAR = 1085.11 COP
26 November 20231 SAR = 1076.81 COP
27 November 20231 SAR = 1070.18 COP
28 November 20231 SAR = 1070.11 COP
29 November 20231 SAR = 1055.35 COP
30 November 20231 SAR = 1064.60 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.