Historic Bermudian dollar Qatari Rial

Bermudian dollar qatari rial history for February 2024. The highest quote for this month is 3.64 (03/02/2024) and the lowest 3.64 (04/02/2024). The difference between high and low is 0.

BMD QAR average rate for February 2024 is 3.63889, the change between 01/02/2024 and 29/02/2024 is +0.01 %.

01 February 20241 BMD = 3.639 QAR
02 February 20241 BMD = 3.639 QAR
03 February 20241 BMD = 3.640 QAR
04 February 20241 BMD = 3.640 QAR
05 February 20241 BMD = 3.640 QAR
06 February 20241 BMD = 3.640 QAR
07 February 20241 BMD = 3.639 QAR
08 February 20241 BMD = 3.639 QAR
09 February 20241 BMD = 3.639 QAR
12 February 20241 BMD = 3.639 QAR
13 February 20241 BMD = 3.639 QAR
14 February 20241 BMD = 3.639 QAR
15 February 20241 BMD = 3.638 QAR
16 February 20241 BMD = 3.639 QAR
17 February 20241 BMD = 3.640 QAR
18 February 20241 BMD = 3.640 QAR
19 February 20241 BMD = 3.639 QAR
20 February 20241 BMD = 3.639 QAR
21 February 20241 BMD = 3.639 QAR
22 February 20241 BMD = 3.639 QAR
23 February 20241 BMD = 3.639 QAR
24 February 20241 BMD = 3.640 QAR
25 February 20241 BMD = 3.640 QAR
26 February 20241 BMD = 3.639 QAR
27 February 20241 BMD = 3.638 QAR
28 February 20241 BMD = 3.638 QAR
29 February 20241 BMD = 3.638 QAR

01/01/2021: Launch of a digital currency pilot program

Qatar announced the launch of a pilot program to test the use of a digital currency as part of its efforts to introduce blockchain technology in the financial sector.

01/01/2019: Switch to the Bermuda dollar symbol

Bermuda officially adopted a new currency symbol for the Bermudian dollar, replacing the British pound sign used previously.

05/06/2017: Qatar diplomatic crisis affects the currency

Following the diplomatic crisis and blockade imposed by neighboring countries, the Qatari rial faced volatility and depreciated against major currencies.

27/05/2015: Qatari rial pegged to a basket of currencies

The Qatari rial's peg was diversified to include a basket of currencies, reducing its dependence on the US dollar.

16/03/2015: Redesign of banknotes

The Bermuda Monetary Authority unveiled a redesigned series of banknotes featuring enhanced security features and updated designs.

01/05/2012: Introduction of polymer banknotes

Bermuda introduced polymer banknotes to replace paper currency for better durability and security.

08/06/2001: Creation of the Qatar Central Bank

The Qatar Central Bank was established to replace the Qatar Currency Board and assume the responsibility of regulating the Qatari rial.

27/07/1997: Qatar Currency Board established

The Qatar Currency Board was established to regulate the issuance and circulation of the Qatari rial and maintain its stability.

01/01/1997: Incorporation into Federal Reserve System

The US Federal Reserve System incorporated the Bermuda Monetary Authority into its banking system.

06/01/1982: New notes and coins

Bermuda issued new notes and coins, featuring iconic local sights, to commemorate its 375th anniversary.

27/03/1976: Currency pegged to the US Dollar

The Qatari rial was pegged to the US dollar at a fixed exchange rate of 1 USD = 3.64 QAR to stabilize its value and promote trade.

24/06/1973: Introduction of Qatari Rial

Qatar officially introduced the Qatari rial as its currency, replacing the Gulf rupee at a rate of 1 rial = 1.65 rupees.

25/02/1972: Introduction of decimal coins

Bermuda introduced a decimal currency system, replacing the old pounds, shillings, and pence.

06/07/1970: Currency Board Agreement

Bermuda established a Currency Board System, pegging the Bermudian dollar at par with the US dollar.
BMD QAR July 2023
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