Historic Saudi riyal Singapore dollar

Saudi riyal singapore dollar history for January 2024. The highest quote for this month is 0.35952 (17/01/2024) and the lowest 0.35832 (18/01/2024). The difference between high and low is 0.33.

SAR SGD average rate for January 2024 is 0.35612, the change between 01/01/2024 and 31/01/2024 is -1.54 %.

01 January 20241 SAR = 0.3522 SGD
02 January 20241 SAR = 0.3519 SGD
03 January 20241 SAR = 0.3541 SGD
04 January 20241 SAR = 0.3546 SGD
05 January 20241 SAR = 0.3549 SGD
06 January 20241 SAR = 0.3546 SGD
07 January 20241 SAR = 0.3546 SGD
08 January 20241 SAR = 0.3546 SGD
09 January 20241 SAR = 0.3547 SGD
10 January 20241 SAR = 0.3554 SGD
11 January 20241 SAR = 0.3553 SGD
12 January 20241 SAR = 0.3550 SGD
14 January 20241 SAR = 0.3553 SGD
15 January 20241 SAR = 0.3555 SGD
16 January 20241 SAR = 0.3562 SGD
17 January 20241 SAR = 0.3584 SGD
18 January 20241 SAR = 0.3589 SGD
19 January 20241 SAR = 0.3587 SGD
22 January 20241 SAR = 0.3574 SGD
23 January 20241 SAR = 0.3583 SGD
24 January 20241 SAR = 0.3580 SGD
25 January 20241 SAR = 0.3577 SGD
26 January 20241 SAR = 0.3579 SGD
28 January 20241 SAR = 0.3577 SGD
29 January 20241 SAR = 0.3583 SGD
30 January 20241 SAR = 0.3577 SGD
31 January 20241 SAR = 0.3576 SGD

30/03/2020: SGD in COVID-19 Pandemic

The SGD faces volatility and fluctuations in value due to the economic impact of the COVID-19 pandemic.

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.

13/10/2016: Celebrating 50 Years of Currency

Singapore commemorates 50 years of Singapore currency, showcasing the success and stability of the SGD.

20/12/2003: Launch of Riyal Interbank Express (SARIE)

SAMA launched SARIE, a real-time gross settlement system, improving interbank transactions and money transfers.

21/07/2003: Currency Interchangeability Agreement with Brunei

The SGD and Brunei dollar become interchangeable at par value, enhancing economic cooperation between the two countries.

02/01/2001: Floatation of SGD

Singapore allows the SGD to float freely against other currencies, abandoning the exchange rate peg and adopting a managed float system.

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.

01/03/1973: Pegging to a Basket of Currencies

The SGD is pegged to a basket of currencies, leading to increased stability and reduced reliance on a single currency.

12/06/1967: Monetary Agreement with Malaysia

Singapore withdrew from the Malaysian dollar and issued its own currency.

12/06/1965: Independence of Singapore

The Singapore dollar (SGD) is introduced as the official currency upon Singapore's separation from Malaysia.

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.

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.