Historic Saudi riyal Danish Krone

Saudi riyal danish krone history for February 2024. The highest quote for this month is 1.8607 (14/02/2024) and the lowest 1.854 (14/02/2024). The difference between high and low is 0.36.

SAR DKK average rate for February 2024 is 1.84351, the change between 01/02/2024 and 29/02/2024 is +0.35 %.

01 February 20241 SAR = 1.842 DKK
02 February 20241 SAR = 1.830 DKK
03 February 20241 SAR = 1.843 DKK
04 February 20241 SAR = 1.843 DKK
05 February 20241 SAR = 1.844 DKK
06 February 20241 SAR = 1.853 DKK
07 February 20241 SAR = 1.851 DKK
08 February 20241 SAR = 1.848 DKK
09 February 20241 SAR = 1.847 DKK
12 February 20241 SAR = 1.843 DKK
13 February 20241 SAR = 1.847 DKK
14 February 20241 SAR = 1.858 DKK
15 February 20241 SAR = 1.854 DKK
16 February 20241 SAR = 1.848 DKK
18 February 20241 SAR = 1.846 DKK
19 February 20241 SAR = 1.845 DKK
20 February 20241 SAR = 1.847 DKK
21 February 20241 SAR = 1.841 DKK
22 February 20241 SAR = 1.839 DKK
23 February 20241 SAR = 1.838 DKK
25 February 20241 SAR = 1.836 DKK
26 February 20241 SAR = 1.839 DKK
27 February 20241 SAR = 1.834 DKK
28 February 20241 SAR = 1.835 DKK
29 February 20241 SAR = 1.836 DKK

04/02/2021: Ending of Intervention Policy

Denmark's central bank announced the end of its long-standing policy of defending the Krone's peg to the Euro.

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.

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

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

19/09/2000: Referendum on Euro Membership

Danish voters rejected adopting the Euro in a referendum, maintaining the Krone as the national currency.

31/12/1998: Euro peg

Denmark joined the European Exchange Rate Mechanism (ERM II), pegging the Krone to the Euro with a narrow fluctuation band.

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.

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.

24/03/1982: Floating Exchange Rate

Denmark switched to a floating exchange rate regime, allowing the Krone's value to be determined by market forces.

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.

21/07/1944: Bretton Woods Agreement

Denmark became a member of the International Monetary Fund (IMF) and agreed to the Bretton Woods system, pegging the Krone to the US dollar.

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.

10/09/1927: Return to Gold Standard

Denmark abandoned the gold standard due to economic pressures and public debt.

31/12/1872: Pegging to Gold Standard

The Danish Krone was pegged to the gold standard, fixing its value in relation to gold.
SAR DKK December 2023
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