Bermudian dollar qatari rial exchange rate history (BMD QAR) November 2023

Bermudian dollar qatari rial history for November 2023. The highest quote for this month is 3.64 (03/11/2023) and the lowest 3.64 (03/11/2023). The difference between high and low is 0.

BMD QAR average rate for November 2023 is 3.63929, the change between 01/11/2023 and 30/11/2023 is +0.03 %.

01 November 2023	1 BMD = 3.640 QAR
02 November 2023	1 BMD = 3.640 QAR
03 November 2023	1 BMD = 3.640 QAR
06 November 2023	1 BMD = 3.640 QAR
07 November 2023	1 BMD = 3.639 QAR
08 November 2023	1 BMD = 3.639 QAR
09 November 2023	1 BMD = 3.640 QAR
10 November 2023	1 BMD = 3.639 QAR
12 November 2023	1 BMD = 3.640 QAR
13 November 2023	1 BMD = 3.639 QAR
14 November 2023	1 BMD = 3.640 QAR
15 November 2023	1 BMD = 3.639 QAR
16 November 2023	1 BMD = 3.639 QAR
17 November 2023	1 BMD = 3.640 QAR
18 November 2023	1 BMD = 3.640 QAR
19 November 2023	1 BMD = 3.640 QAR
20 November 2023	1 BMD = 3.639 QAR
21 November 2023	1 BMD = 3.640 QAR
22 November 2023	1 BMD = 3.640 QAR
23 November 2023	1 BMD = 3.640 QAR
24 November 2023	1 BMD = 3.639 QAR
26 November 2023	1 BMD = 3.640 QAR
27 November 2023	1 BMD = 3.639 QAR
28 November 2023	1 BMD = 3.639 QAR
29 November 2023	1 BMD = 3.639 QAR
30 November 2023	1 BMD = 3.639 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.

Historic Bermudian dollar Qatari Rial