Egyptian Pound qatari rial exchange rate history (EGP QAR) December 2023

Egyptian Pound qatari rial history for December 2023. The highest quote for this month is 0.11799 (02/12/2023) and the lowest 0.11836 (04/12/2023). The difference between high and low is -0.31.

EGP QAR average rate for December 2023 is 0.11792, the change between 01/12/2023 and 31/12/2023 is +0.07 %.

01 December 2023	1 EGP = 0.1179 QAR
02 December 2023	1 EGP = 0.1181 QAR
03 December 2023	1 EGP = 0.1180 QAR
04 December 2023	1 EGP = 0.1182 QAR
05 December 2023	1 EGP = 0.1178 QAR
06 December 2023	1 EGP = 0.1183 QAR
07 December 2023	1 EGP = 0.1177 QAR
08 December 2023	1 EGP = 0.1179 QAR
10 December 2023	1 EGP = 0.1180 QAR
11 December 2023	1 EGP = 0.1181 QAR
12 December 2023	1 EGP = 0.1178 QAR
13 December 2023	1 EGP = 0.1178 QAR
14 December 2023	1 EGP = 0.1179 QAR
15 December 2023	1 EGP = 0.1178 QAR
16 December 2023	1 EGP = 0.1178 QAR
17 December 2023	1 EGP = 0.1177 QAR
18 December 2023	1 EGP = 0.1178 QAR
19 December 2023	1 EGP = 0.1179 QAR
20 December 2023	1 EGP = 0.1178 QAR
21 December 2023	1 EGP = 0.1179 QAR
22 December 2023	1 EGP = 0.1178 QAR
23 December 2023	1 EGP = 0.1180 QAR
24 December 2023	1 EGP = 0.1180 QAR
25 December 2023	1 EGP = 0.1179 QAR
26 December 2023	1 EGP = 0.1180 QAR
27 December 2023	1 EGP = 0.1182 QAR
28 December 2023	1 EGP = 0.1183 QAR
29 December 2023	1 EGP = 0.1178 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.

03/11/2020: Economic Impact of COVID-19

The COVID-19 pandemic caused economic disruptions globally, affecting the Egyptian Pound's exchange rate and foreign reserves.

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.

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.

14/11/1999: Liberalization of Exchange Rate

The Egyptian government implemented a managed float exchange rate system, allowing the Pound to fluctuate based on market forces.

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.

12/08/1987: Introduction of New Egyptian Pound

A new Egyptian Pound banknote was introduced to combat counterfeiting and improve security features.

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.

14/09/1962: Devaluation of the Pound

The Egyptian government devalued the Pound by 55%, leading to a significant decrease in its value.

23/07/1952: Overthrow of the Monarchy

The Egyptian monarchy was overthrown, leading to political and economic changes that affected the value of the Egyptian Pound.

02/05/1885: Establishment of Central Bank of Egypt

The Central Bank of Egypt was established to regulate the currency and banking system in Egypt.

29/07/1834: Introduction of Egyptian Pound

The Egyptian Pound was introduced as the official currency of Egypt, replacing the piastre.

Historic Egyptian Pound Qatari Rial