Historic Cuban peso Qatari Rial

Cuban peso qatari rial history for February 2024. The highest quote for this month is 0.15183 (19/02/2024) and the lowest 0.15268 (02/02/2024). The difference between high and low is -0.56.

CUP QAR average rate for February 2024 is 0.15173, the change between 01/02/2024 and 29/02/2024 is -0.02 %.

01 February 20241 CUP = 0.1521 QAR
02 February 20241 CUP = 0.1518 QAR
03 February 20241 CUP = 0.1517 QAR
04 February 20241 CUP = 0.1517 QAR
05 February 20241 CUP = 0.1504 QAR
06 February 20241 CUP = 0.1517 QAR
07 February 20241 CUP = 0.1517 QAR
08 February 20241 CUP = 0.1518 QAR
09 February 20241 CUP = 0.1517 QAR
12 February 20241 CUP = 0.1519 QAR
13 February 20241 CUP = 0.1518 QAR
14 February 20241 CUP = 0.1518 QAR
15 February 20241 CUP = 0.1518 QAR
16 February 20241 CUP = 0.1519 QAR
17 February 20241 CUP = 0.1517 QAR
18 February 20241 CUP = 0.1517 QAR
19 February 20241 CUP = 0.1518 QAR
20 February 20241 CUP = 0.1518 QAR
21 February 20241 CUP = 0.1518 QAR
22 February 20241 CUP = 0.1518 QAR
23 February 20241 CUP = 0.1518 QAR
24 February 20241 CUP = 0.1517 QAR
25 February 20241 CUP = 0.1517 QAR
26 February 20241 CUP = 0.1519 QAR
27 February 20241 CUP = 0.1518 QAR
28 February 20241 CUP = 0.1518 QAR
29 February 20241 CUP = 0.1521 QAR

01/01/2021: End of Monetary Dualism

The Cuban government completed the currency unification process, eliminating the convertible peso (CUC) and establishing a single currency system with the Cuban peso (CUP).

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.

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.

20/12/2013: Currency Unification Implementation

The Cuban government officially started the process of currency unification, gradually phasing out the convertible peso (CUC) and improving monetary policy.

25/10/2011: Currency Unification Announced

The Cuban government announced plans to eliminate the dual currency system and unify the CUP and CUC.

08/12/2004: Elimination of US Dollar Circulation

The Cuban government announced the withdrawal of the US dollar as legal tender and introduced the convertible peso (CUC) as a replacement.

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.

07/12/1994: Dollarization Decree

Cubans were allowed to hold and transact in foreign currencies, primarily the US dollar, to counter the economic crisis.

01/08/1994: Special Period

The Cuban economy faced a severe crisis due to the collapse of the Soviet Union, leading to currency devaluation and economic reforms.

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.

01/01/1961: Nationalization of Banks

The Cuban government nationalized all private and foreign-owned banks, including their currency holdings.
CUP QAR July 2023
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