Historic Singapore dollar Saudi riyal

Singapore dollar saudi riyal history for February 2024. The highest quote for this month is 2.7931 (03/02/2024) and the lowest 2.806 (02/02/2024). The difference between high and low is -0.46.

SGD SAR average rate for February 2024 is 2.7869, the change between 01/02/2024 and 29/02/2024 is +0.39 %.

01 February 20241 SGD = 2.794 SAR
02 February 20241 SGD = 2.802 SAR
03 February 20241 SGD = 2.793 SAR
04 February 20241 SGD = 2.793 SAR
05 February 20241 SGD = 2.791 SAR
06 February 20241 SGD = 2.781 SAR
07 February 20241 SGD = 2.788 SAR
08 February 20241 SGD = 2.788 SAR
09 February 20241 SGD = 2.781 SAR
12 February 20241 SGD = 2.785 SAR
13 February 20241 SGD = 2.785 SAR
14 February 20241 SGD = 2.772 SAR
15 February 20241 SGD = 2.779 SAR
16 February 20241 SGD = 2.783 SAR
18 February 20241 SGD = 2.784 SAR
19 February 20241 SGD = 2.784 SAR
20 February 20241 SGD = 2.782 SAR
21 February 20241 SGD = 2.788 SAR
22 February 20241 SGD = 2.787 SAR
23 February 20241 SGD = 2.791 SAR
24 February 20241 SGD = 2.790 SAR
25 February 20241 SGD = 2.791 SAR
26 February 20241 SGD = 2.789 SAR
27 February 20241 SGD = 2.786 SAR
28 February 20241 SGD = 2.787 SAR
29 February 20241 SGD = 2.783 SAR

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.