Historic Singapore dollar Saudi riyal

Singapore dollar saudi riyal history for October 2023. The highest quote for this month is 2.7474 (11/10/2023) and the lowest 2.7536 (12/10/2023). The difference between high and low is -0.23.

SGD SAR average rate for October 2023 is 2.7374, the change between 01/10/2023 and 31/10/2023 is -0.06 %.

01 October 20231 SGD = 2.744 SAR
02 October 20231 SGD = 2.743 SAR
03 October 20231 SGD = 2.728 SAR
04 October 20231 SGD = 2.727 SAR
05 October 20231 SGD = 2.731 SAR
06 October 20231 SGD = 2.740 SAR
07 October 20231 SGD = 2.746 SAR
09 October 20231 SGD = 2.742 SAR
10 October 20231 SGD = 2.746 SAR
11 October 20231 SGD = 2.749 SAR
12 October 20231 SGD = 2.749 SAR
13 October 20231 SGD = 2.736 SAR
16 October 20231 SGD = 2.737 SAR
17 October 20231 SGD = 2.738 SAR
18 October 20231 SGD = 2.739 SAR
19 October 20231 SGD = 2.729 SAR
20 October 20231 SGD = 2.729 SAR
21 October 20231 SGD = 2.731 SAR
22 October 20231 SGD = 2.732 SAR
23 October 20231 SGD = 2.730 SAR
24 October 20231 SGD = 2.741 SAR
25 October 20231 SGD = 2.739 SAR
26 October 20231 SGD = 2.730 SAR
27 October 20231 SGD = 2.737 SAR
28 October 20231 SGD = 2.737 SAR
29 October 20231 SGD = 2.736 SAR
30 October 20231 SGD = 2.738 SAR
31 October 20231 SGD = 2.745 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.