Historic Saudi riyal Colombian Peso

Saudi riyal colombian peso history for October 2023. The highest quote for this month is 1182.72 (06/10/2023) and the lowest 1150.63 (09/10/2023). The difference between high and low is 2.71.

SAR COP average rate for October 2023 is 1122.71536, the change between 01/10/2023 and 31/10/2023 is +0.33 %.

01 October 20231 SAR = 1087.15 COP
02 October 20231 SAR = 1086.91 COP
03 October 20231 SAR = 1110.65 COP
04 October 20231 SAR = 1125.46 COP
05 October 20231 SAR = 1144.00 COP
06 October 20231 SAR = 1160.50 COP
07 October 20231 SAR = 1153.52 COP
09 October 20231 SAR = 1154.63 COP
10 October 20231 SAR = 1151.92 COP
11 October 20231 SAR = 1129.00 COP
12 October 20231 SAR = 1125.18 COP
13 October 20231 SAR = 1138.84 COP
16 October 20231 SAR = 1130.41 COP
17 October 20231 SAR = 1131.56 COP
18 October 20231 SAR = 1120.18 COP
19 October 20231 SAR = 1134.05 COP
20 October 20231 SAR = 1136.54 COP
21 October 20231 SAR = 1128.10 COP
22 October 20231 SAR = 1127.80 COP
23 October 20231 SAR = 1130.06 COP
24 October 20231 SAR = 1124.19 COP
25 October 20231 SAR = 1124.61 COP
26 October 20231 SAR = 1117.13 COP
27 October 20231 SAR = 1104.22 COP
28 October 20231 SAR = 1093.57 COP
29 October 20231 SAR = 1093.92 COP
30 October 20231 SAR = 1088.36 COP
31 October 20231 SAR = 1083.57 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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