Historic Saudi riyal Solomon Islands Dollar

Saudi riyal solomon islands dollar history for January 2024. The highest quote for this month is 2.2574 (24/01/2024) and the lowest 2.2602 (24/01/2024). The difference between high and low is -0.12.

SAR SBD average rate for January 2024 is 2.24643, the change between 01/01/2024 and 31/01/2024 is -0.37 %.

02 January 20241 SAR = 2.241 SBD
04 January 20241 SAR = 2.237 SBD
05 January 20241 SAR = 2.252 SBD
08 January 20241 SAR = 2.254 SBD
11 January 20241 SAR = 2.247 SBD
12 January 20241 SAR = 2.249 SBD
17 January 20241 SAR = 2.248 SBD
19 January 20241 SAR = 2.251 SBD
22 January 20241 SAR = 2.233 SBD
23 January 20241 SAR = 2.229 SBD
24 January 20241 SAR = 2.260 SBD
25 January 20241 SAR = 2.251 SBD
26 January 20241 SAR = 2.251 SBD
29 January 20241 SAR = 2.247 SBD
30 January 20241 SAR = 2.247 SBD
31 January 20241 SAR = 2.249 SBD

28/06/2019: Withdrawal of the $2 note

The Central Bank of Solomon Islands announced the withdrawal of the $2 note from circulation, promoting the use of coins instead.

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.

02/01/2012: Introduction of polymer banknotes

The Central Bank of Solomon Islands issued polymer banknotes to replace the paper ones, enhancing durability and security.

02/05/2011: Renewal of currency design

The Central Bank of Solomon Islands introduced new banknotes with enhanced security features and a refreshed design.

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.

22/03/1993: Introduction of the $2 coin

The $2 coin was introduced as a new denomination of the Solomon Islands Dollar.

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.

25/01/1979: Monetary Authority Act

The Monetary Authority Act was passed, establishing the Central Bank of Solomon Islands as the sole issuer and regulator of the SBD.

06/07/1977: Introduction of the Solomon Islands Dollar

The Solomon Islands Dollar was introduced as the official currency replacing the Australian Dollar at a rate of 1:1.

07/06/1977: Independence of Solomon Islands

Solomon Islands gained independence from British rule, establishing the need for their own currency, the Solomon Islands Dollar (SBD).

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.