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

Saudi riyal colombian peso history for September 2023. The highest quote for this month is 1096.06 (28/09/2023) and the lowest 1087.98 (06/09/2023). The difference between high and low is 0.74.

SAR COP average rate for September 2023 is 1069.6425, the change between 01/09/2023 and 30/09/2023 is +0.28 %.

01 September 2023	1 SAR = 1090.87 COP
04 September 2023	1 SAR = 1098.18 COP
05 September 2023	1 SAR = 1082.36 COP
06 September 2023	1 SAR = 1090.33 COP
07 September 2023	1 SAR = 1084.94 COP
08 September 2023	1 SAR = 1074.94 COP
11 September 2023	1 SAR = 1070.63 COP
12 September 2023	1 SAR = 1063.95 COP
13 September 2023	1 SAR = 1063.05 COP
14 September 2023	1 SAR = 1057.00 COP
15 September 2023	1 SAR = 1045.72 COP
18 September 2023	1 SAR = 1048.55 COP
19 September 2023	1 SAR = 1039.79 COP
20 September 2023	1 SAR = 1046.89 COP
21 September 2023	1 SAR = 1042.66 COP
22 September 2023	1 SAR = 1052.11 COP
23 September 2023	1 SAR = 1062.48 COP
24 September 2023	1 SAR = 1065.38 COP
25 September 2023	1 SAR = 1063.40 COP
26 September 2023	1 SAR = 1072.79 COP
27 September 2023	1 SAR = 1085.53 COP
28 September 2023	1 SAR = 1095.20 COP
29 September 2023	1 SAR = 1086.90 COP
30 September 2023	1 SAR = 1087.77 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