Historic United States dollar Saudi riyal

United States dollar saudi riyal history for September 2023. The highest quote for this month is 3.7508 (18/09/2023) and the lowest 3.7486 (23/09/2023). The difference between high and low is 0.06.

USD SAR average rate for September 2023 is 3.74708, the change between 01/09/2023 and 30/09/2023 is -0.05 %.

01 September 20231 USD = 3.746 SAR
05 September 20231 USD = 3.746 SAR
06 September 20231 USD = 3.746 SAR
11 September 20231 USD = 3.750 SAR
18 September 20231 USD = 3.746 SAR
23 September 20231 USD = 3.749 SAR
24 September 20231 USD = 3.748 SAR
25 September 20231 USD = 3.747 SAR
26 September 20231 USD = 3.746 SAR
27 September 20231 USD = 3.746 SAR
29 September 20231 USD = 3.746 SAR
30 September 20231 USD = 3.748 SAR

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.