Historic Saudi riyal Danish Krone

Saudi riyal danish krone history for January 2024. The highest quote for this month is 1.8412 (29/01/2024) and the lowest 1.8346 (29/01/2024). The difference between high and low is 0.36.

SAR DKK average rate for January 2024 is 1.82302, the change between 01/01/2024 and 31/01/2024 is -1.81 %.

01 January 20241 SAR = 1.803 DKK
02 January 20241 SAR = 1.801 DKK
03 January 20241 SAR = 1.819 DKK
04 January 20241 SAR = 1.822 DKK
05 January 20241 SAR = 1.819 DKK
06 January 20241 SAR = 1.818 DKK
07 January 20241 SAR = 1.818 DKK
08 January 20241 SAR = 1.818 DKK
09 January 20241 SAR = 1.818 DKK
10 January 20241 SAR = 1.821 DKK
11 January 20241 SAR = 1.814 DKK
12 January 20241 SAR = 1.813 DKK
14 January 20241 SAR = 1.816 DKK
15 January 20241 SAR = 1.819 DKK
16 January 20241 SAR = 1.819 DKK
17 January 20241 SAR = 1.830 DKK
18 January 20241 SAR = 1.829 DKK
19 January 20241 SAR = 1.830 DKK
22 January 20241 SAR = 1.826 DKK
23 January 20241 SAR = 1.830 DKK
24 January 20241 SAR = 1.833 DKK
25 January 20241 SAR = 1.829 DKK
26 January 20241 SAR = 1.835 DKK
28 January 20241 SAR = 1.833 DKK
29 January 20241 SAR = 1.835 DKK
30 January 20241 SAR = 1.837 DKK
31 January 20241 SAR = 1.835 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 July 2023
SAR DKK August 2023
SAR DKK September 2023
SAR DKK October 2023
SAR DKK November 2023
SAR DKK December 2023
SAR DKK January 2024
SAR DKK February 2024
SAR DKK March 2024
SAR DKK April 2024
SAR DKK May 2024
SAR DKK June 2024
SAR DKK July 2024