Historic Saudi riyal New Zealand Dollar

Saudi riyal new zealand dollar history for January 2024. The highest quote for this month is 0.43981 (23/01/2024) and the lowest 0.43773 (28/01/2024). The difference between high and low is 0.47.

SAR NZD average rate for January 2024 is 0.43138, the change between 01/01/2024 and 31/01/2024 is -3.07 %.

01 January 20241 SAR = 0.4225 NZD
02 January 20241 SAR = 0.4223 NZD
03 January 20241 SAR = 0.4272 NZD
04 January 20241 SAR = 0.4271 NZD
05 January 20241 SAR = 0.4284 NZD
06 January 20241 SAR = 0.4274 NZD
07 January 20241 SAR = 0.4268 NZD
08 January 20241 SAR = 0.4268 NZD
09 January 20241 SAR = 0.4271 NZD
10 January 20241 SAR = 0.4280 NZD
11 January 20241 SAR = 0.4286 NZD
12 January 20241 SAR = 0.4277 NZD
14 January 20241 SAR = 0.4271 NZD
15 January 20241 SAR = 0.4283 NZD
16 January 20241 SAR = 0.4313 NZD
17 January 20241 SAR = 0.4348 NZD
18 January 20241 SAR = 0.4367 NZD
19 January 20241 SAR = 0.4362 NZD
22 January 20241 SAR = 0.4358 NZD
23 January 20241 SAR = 0.4395 NZD
24 January 20241 SAR = 0.4374 NZD
25 January 20241 SAR = 0.4371 NZD
26 January 20241 SAR = 0.4371 NZD
28 January 20241 SAR = 0.4377 NZD
29 January 20241 SAR = 0.4382 NZD
30 January 20241 SAR = 0.4352 NZD
31 January 20241 SAR = 0.4354 NZD

20/03/2020: COVID-19 Pandemic Effects

The outbreak of the COVID-19 pandemic causes global economic turmoil, leading to volatility in the New Zealand dollar exchange rate and GDP contraction.

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.

10/10/2008: Global Financial Crisis Hits New Zealand

New Zealand experiences the impact of the global financial crisis, leading to a sharp depreciation of the New Zealand dollar and economic slowdown.

10/07/2005: Polymer Banknotes Introduced

New Zealand introduces polymer banknotes, replacing the traditional paper notes for increased durability and security.

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.

05/10/1987: Black Monday Stock Market Crash

Global stock market crash leads to a significant devaluation of the New Zealand dollar and a deep recession in the country.

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.

04/03/1985: Floating Exchange Rate Introduced

New Zealand dollar is allowed to float freely against other currencies, marking the end of fixed exchange rates.

10/07/1961: Decimalization of Currency

New Zealand adopts the decimal currency system, replacing the pound with the New Zealand dollar. NZ$1 is equivalent to NZ£2.

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.

19/10/1933: New Zealand Pound Pegged to the British Pound

New Zealand pound is pegged to the British pound at a rate of £1 to NZ£0.624275.

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.
SAR NZD August 2023
SAR NZD September 2023
SAR NZD October 2023
SAR NZD November 2023
SAR NZD December 2023
SAR NZD January 2024
SAR NZD February 2024
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SAR NZD April 2024
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SAR NZD June 2024
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SAR NZD August 2024