Saudi riyal lebanese pound exchange rate history (SAR LBP) August 2023

Saudi riyal lebanese pound history for August 2023. The highest quote for this month is 4017.79 (25/08/2023) and the lowest 4002.99 (19/08/2023). The difference between high and low is 0.37.

SAR LBP average rate for August 2023 is 3999.41, the change between 01/08/2023 and 31/08/2023 is +0.07 %.

01 August 2023	1 SAR = 4007.04 LBP
02 August 2023	1 SAR = 4002.51 LBP
03 August 2023	1 SAR = 4001.82 LBP
04 August 2023	1 SAR = 4003.33 LBP
07 August 2023	1 SAR = 3966.20 LBP
08 August 2023	1 SAR = 3993.94 LBP
09 August 2023	1 SAR = 3995.59 LBP
10 August 2023	1 SAR = 3996.27 LBP
11 August 2023	1 SAR = 3995.78 LBP
12 August 2023	1 SAR = 4000.21 LBP
14 August 2023	1 SAR = 4006.60 LBP
15 August 2023	1 SAR = 4002.64 LBP
16 August 2023	1 SAR = 4005.33 LBP
17 August 2023	1 SAR = 4004.94 LBP
18 August 2023	1 SAR = 4001.49 LBP
19 August 2023	1 SAR = 4002.99 LBP
20 August 2023	1 SAR = 4001.92 LBP
21 August 2023	1 SAR = 3982.73 LBP
22 August 2023	1 SAR = 4008.11 LBP
23 August 2023	1 SAR = 4003.71 LBP
24 August 2023	1 SAR = 4003.69 LBP
25 August 2023	1 SAR = 4003.34 LBP
28 August 2023	1 SAR = 3997.48 LBP
29 August 2023	1 SAR = 3996.86 LBP
30 August 2023	1 SAR = 3995.85 LBP
31 August 2023	1 SAR = 4004.29 LBP

17/10/2019: Protests against economic crisis

Mass protests erupted in Lebanon due to economic crisis, leading to further depreciation of the Lebanese pound.

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.

03/11/1997: Revaluation of the Lebanese pound

The Lebanese pound was revalued at a rate of 1,500 LBP = 1 USD, ending the fixed exchange rate with the US dollar.

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.

01/01/1986: Introduction of the parallel exchange market

The parallel exchange market was introduced in Lebanon, leading to a diverging exchange rate between the official and unofficial markets.

01/01/1976: Lebanese Civil War

The Lebanese Civil War began, causing significant economic instability and devaluation of the Lebanese pound.

01/01/1961: Pegged to the US dollar

The Lebanese pound was pegged to the US dollar at an exchange rate of 1 LBP = 1.5 USD.

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.

27/11/1941: Devaluation of the Lebanese pound

The Lebanese pound was devalued by 41.9% following the breakup of the French franc.

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.

01/10/1920: Lebanese pound introduced

The Lebanese pound was introduced at a fixed exchange rate of 1 pound = 20 French francs during the French mandate period.

Historic Saudi riyal Lebanese pound