Historic Saudi riyal Ethiopian birr

Saudi riyal ethiopian birr history for November 2023. The highest quote for this month is 14.935 (23/11/2023) and the lowest 14.908 (22/11/2023). The difference between high and low is 0.18.

SAR ETB average rate for November 2023 is 14.81141, the change between 01/11/2023 and 30/11/2023 is -0.41 %.

01 November 20231 SAR = 14.77 ETB
02 November 20231 SAR = 14.78 ETB
03 November 20231 SAR = 14.83 ETB
06 November 20231 SAR = 14.64 ETB
07 November 20231 SAR = 14.81 ETB
08 November 20231 SAR = 14.81 ETB
09 November 20231 SAR = 14.81 ETB
10 November 20231 SAR = 14.81 ETB
13 November 20231 SAR = 14.79 ETB
14 November 20231 SAR = 14.82 ETB
15 November 20231 SAR = 14.82 ETB
16 November 20231 SAR = 14.82 ETB
17 November 20231 SAR = 14.82 ETB
20 November 20231 SAR = 14.79 ETB
21 November 20231 SAR = 14.80 ETB
22 November 20231 SAR = 14.83 ETB
23 November 20231 SAR = 14.92 ETB
24 November 20231 SAR = 14.81 ETB
27 November 20231 SAR = 14.88 ETB
28 November 20231 SAR = 14.83 ETB
29 November 20231 SAR = 14.84 ETB
30 November 20231 SAR = 14.83 ETB

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.

10/09/2008: Introduction of Birr Denominations

Ethiopia introduced new banknotes of different denominations in an effort to combat counterfeiting and improve security features.

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

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

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.

27/05/1991: Introduction of Birr Coins

Ethiopia introduced coins for the birr denominations, replacing the previous notes.

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.

17/09/1976: Introduction of New Birr

A new birr was introduced, replacing the previous Ethiopian birr and being equal to 100 old birr.

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.

08/07/1945: Decree to Change Birr Decimalization

Ethiopia changed the birr decimalization from talari and ghersh to dollars and cents.

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.

31/12/1931: Introduction of Ethiopian birr

The Ethiopian birr was introduced as the official currency, replacing the Maria Theresa Thaler.

05/07/1931: Ethiopian Monetary Authority Established

The Ethiopian Monetary Authority was established to regulate the country's monetary system and issue currency.

14/02/1894: Introduction of Maria Theresa Thaler

Ethiopia adopted the Maria Theresa Thaler as the official currency, which remained in circulation until 1935.