Historic Saudi riyal United States dollar

Saudi riyal united states dollar history for March 2024. The highest quote for this month is 0.26696 (01/03/2024) and the lowest 0.26707 (08/03/2024). The difference between high and low is -0.04.

SAR USD average rate for March 2024 is 0.26691, the change between 01/03/2024 and 31/03/2024 is +0.07 %.

01 March 20241 SAR = 0.2670 USD
03 March 20241 SAR = 0.2668 USD
04 March 20241 SAR = 0.2670 USD
05 March 20241 SAR = 0.2670 USD
06 March 20241 SAR = 0.2670 USD
07 March 20241 SAR = 0.2670 USD
08 March 20241 SAR = 0.2670 USD
10 March 20241 SAR = 0.2668 USD
11 March 20241 SAR = 0.2669 USD
12 March 20241 SAR = 0.2668 USD

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.

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.

01/03/1952: 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.