Historic Brazilian Real Qatari Rial

Brazilian Real qatari rial history for February 2024. The highest quote for this month is 0.73739 (21/02/2024) and the lowest 0.74362 (22/02/2024). The difference between high and low is -0.84.

BRL QAR average rate for February 2024 is 0.73349, the change between 01/02/2024 and 29/02/2024 is +0.32 %.

01 February 20241 BRL = 0.7348 QAR
02 February 20241 BRL = 0.7403 QAR
03 February 20241 BRL = 0.7324 QAR
04 February 20241 BRL = 0.7324 QAR
05 February 20241 BRL = 0.7378 QAR
06 February 20241 BRL = 0.7353 QAR
07 February 20241 BRL = 0.7333 QAR
08 February 20241 BRL = 0.7322 QAR
09 February 20241 BRL = 0.7290 QAR
12 February 20241 BRL = 0.7346 QAR
13 February 20241 BRL = 0.7347 QAR
14 February 20241 BRL = 0.7348 QAR
15 February 20241 BRL = 0.7322 QAR
16 February 20241 BRL = 0.7317 QAR
17 February 20241 BRL = 0.7329 QAR
18 February 20241 BRL = 0.7327 QAR
19 February 20241 BRL = 0.7328 QAR
20 February 20241 BRL = 0.7342 QAR
21 February 20241 BRL = 0.7386 QAR
22 February 20241 BRL = 0.7373 QAR
23 February 20241 BRL = 0.7332 QAR
24 February 20241 BRL = 0.7289 QAR
25 February 20241 BRL = 0.7289 QAR
26 February 20241 BRL = 0.7287 QAR
27 February 20241 BRL = 0.7307 QAR
28 February 20241 BRL = 0.7376 QAR
29 February 20241 BRL = 0.7324 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.

15/08/2018: Elections and Political Uncertainty

The Real experienced significant volatility leading up to the Presidential elections, responding to political developments and market sentiment.

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.

22/01/2015: Real Hits 10-Year Low

The Real reached its lowest level against the US dollar in a decade, primarily due to a decline in commodity prices and economic concerns.

15/09/2008: Global Financial Crisis Impact

As a consequence of the global financial crisis, the Brazilian Real faced a sharp depreciation against major currencies due to capital outflows and risk aversion.

27/07/2005: New Currency Symbol

The Central Bank of Brazil announced a public competition to select a new currency symbol, which resulted in the adoption of the official symbol for the Real.

18/06/2002: Exchange Rate Floatation

The Brazilian government allowed the Real to float freely against other currencies, abandoning the controlled exchange rate regime.

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.

15/01/1999: Devaluation of the Real

Due to the Russian financial crisis and the Asian financial crisis, the government devalued the Real by around 8% to boost exports and stimulate the economy.

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.

01/07/1994: Introduction of the Real Plan

The Brazilian real was established as the official currency, replacing the hyperinflation-ridden Cruzeiro Real. It aimed to stabilize the economy and combat inflation.

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.