Historic Saudi riyal Lebanese pound

Saudi riyal lebanese pound history for February 2024. The highest quote for this month is 23935.2 (28/02/2024) and the lowest 23896 (28/02/2024). The difference between high and low is 0.16.

SAR LBP average rate for February 2024 is 11160.0528, the change between 01/02/2024 and 29/02/2024 is -493.32 %.

01 February 20241 SAR = 4018.96 LBP
02 February 20241 SAR = 4004.40 LBP
03 February 20241 SAR = 4002.13 LBP
04 February 20241 SAR = 4002.67 LBP
05 February 20241 SAR = 4035.30 LBP
06 February 20241 SAR = 4007.10 LBP
07 February 20241 SAR = 4047.86 LBP
08 February 20241 SAR = 4004.57 LBP
09 February 20241 SAR = 4007.39 LBP
12 February 20241 SAR = 3999.08 LBP
13 February 20241 SAR = 4004.94 LBP
14 February 20241 SAR = 4025.32 LBP
15 February 20241 SAR = 3996.07 LBP
16 February 20241 SAR = 4005.21 LBP
19 February 20241 SAR = 4002.83 LBP
20 February 20241 SAR = 3989.99 LBP
21 February 20241 SAR = 23818.70 LBP
22 February 20241 SAR = 23897.00 LBP
23 February 20241 SAR = 23890.30 LBP
24 February 20241 SAR = 23876.90 LBP
25 February 20241 SAR = 23876.90 LBP
26 February 20241 SAR = 23854.80 LBP
27 February 20241 SAR = 23894.10 LBP
28 February 20241 SAR = 23893.60 LBP
29 February 20241 SAR = 23845.20 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.