Historic Saudi riyal Lebanese pound

Saudi riyal lebanese pound history for September 2023. The highest quote for this month is 4035.92 (15/09/2023) and the lowest 4053.44 (04/09/2023). The difference between high and low is -0.43.

SAR LBP average rate for September 2023 is 4005.89083, the change between 01/09/2023 and 30/09/2023 is +0.01 %.

01 September 20231 SAR = 4002.47 LBP
04 September 20231 SAR = 4072.40 LBP
05 September 20231 SAR = 4005.27 LBP
06 September 20231 SAR = 4008.23 LBP
07 September 20231 SAR = 4005.34 LBP
08 September 20231 SAR = 4007.96 LBP
11 September 20231 SAR = 3992.98 LBP
12 September 20231 SAR = 4012.08 LBP
13 September 20231 SAR = 4003.88 LBP
14 September 20231 SAR = 4004.03 LBP
15 September 20231 SAR = 4004.04 LBP
18 September 20231 SAR = 3995.41 LBP
19 September 20231 SAR = 4002.99 LBP
20 September 20231 SAR = 4004.18 LBP
21 September 20231 SAR = 4005.13 LBP
22 September 20231 SAR = 4002.77 LBP
23 September 20231 SAR = 4001.28 LBP
24 September 20231 SAR = 4001.71 LBP
25 September 20231 SAR = 3987.22 LBP
26 September 20231 SAR = 4005.45 LBP
27 September 20231 SAR = 4004.43 LBP
28 September 20231 SAR = 4005.67 LBP
29 September 20231 SAR = 4004.54 LBP
30 September 20231 SAR = 4001.92 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.