Saudi riyal new zealand dollar exchange rate history (SAR NZD) November 2023

Saudi riyal new zealand dollar history for November 2023. The highest quote for this month is 0.46091 (01/11/2023) and the lowest 0.45564 (01/11/2023). The difference between high and low is 1.14.

SAR NZD average rate for November 2023 is 0.44588, the change between 01/11/2023 and 30/11/2023 is +5.67 %.

01 November 2023	1 SAR = 0.4596 NZD
02 November 2023	1 SAR = 0.4539 NZD
03 November 2023	1 SAR = 0.4527 NZD
06 November 2023	1 SAR = 0.4450 NZD
07 November 2023	1 SAR = 0.4477 NZD
08 November 2023	1 SAR = 0.4497 NZD
09 November 2023	1 SAR = 0.4515 NZD
10 November 2023	1 SAR = 0.4532 NZD
12 November 2023	1 SAR = 0.4520 NZD
13 November 2023	1 SAR = 0.4524 NZD
14 November 2023	1 SAR = 0.4538 NZD
15 November 2023	1 SAR = 0.4446 NZD
16 November 2023	1 SAR = 0.4428 NZD
17 November 2023	1 SAR = 0.4476 NZD
18 November 2023	1 SAR = 0.4453 NZD
19 November 2023	1 SAR = 0.4452 NZD
20 November 2023	1 SAR = 0.4451 NZD
21 November 2023	1 SAR = 0.4420 NZD
22 November 2023	1 SAR = 0.4409 NZD
23 November 2023	1 SAR = 0.4434 NZD
24 November 2023	1 SAR = 0.4413 NZD
26 November 2023	1 SAR = 0.4388 NZD
27 November 2023	1 SAR = 0.4393 NZD
28 November 2023	1 SAR = 0.4373 NZD
29 November 2023	1 SAR = 0.4343 NZD
30 November 2023	1 SAR = 0.4336 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.

Historic Saudi riyal New Zealand Dollar