Historic Saudi riyal Lebanese pound

Saudi riyal lebanese pound history for December 2023. The highest quote for this month is 4023.92 (18/12/2023) and the lowest 4011.01 (06/12/2023). The difference between high and low is 0.32.

SAR LBP average rate for December 2023 is 4004.87741, the change between 01/12/2023 and 31/12/2023 is -0.53 %.

01 December 20231 SAR = 4002.25 LBP
03 December 20231 SAR = 4000.85 LBP
04 December 20231 SAR = 4000.17 LBP
05 December 20231 SAR = 4021.47 LBP
06 December 20231 SAR = 4004.08 LBP
07 December 20231 SAR = 4009.56 LBP
08 December 20231 SAR = 3990.90 LBP
10 December 20231 SAR = 4001.49 LBP
11 December 20231 SAR = 4004.59 LBP
12 December 20231 SAR = 4004.41 LBP
13 December 20231 SAR = 4002.55 LBP
14 December 20231 SAR = 4004.03 LBP
15 December 20231 SAR = 4002.99 LBP
16 December 20231 SAR = 4002.03 LBP
17 December 20231 SAR = 4000.53 LBP
18 December 20231 SAR = 4019.05 LBP
19 December 20231 SAR = 4001.43 LBP
20 December 20231 SAR = 4005.07 LBP
21 December 20231 SAR = 4010.66 LBP
22 December 20231 SAR = 4003.50 LBP
23 December 20231 SAR = 4001.60 LBP
24 December 20231 SAR = 4001.28 LBP
25 December 20231 SAR = 4002.27 LBP
26 December 20231 SAR = 4006.03 LBP
27 December 20231 SAR = 4001.01 LBP
28 December 20231 SAR = 4004.62 LBP
29 December 20231 SAR = 4023.27 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.
SAR LBP July 2023
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