Historic Egyptian Pound Qatari Rial

Egyptian Pound qatari rial history for February 2024. The highest quote for this month is 0.11799 (03/02/2024) and the lowest 0.1186 (12/02/2024). The difference between high and low is -0.52.

EGP QAR average rate for February 2024 is 0.11788, the change between 01/02/2024 and 29/02/2024 is +0.13 %.

01 February 20241 EGP = 0.1179 QAR
02 February 20241 EGP = 0.1179 QAR
03 February 20241 EGP = 0.1180 QAR
04 February 20241 EGP = 0.1180 QAR
05 February 20241 EGP = 0.1172 QAR
06 February 20241 EGP = 0.1179 QAR
07 February 20241 EGP = 0.1179 QAR
08 February 20241 EGP = 0.1179 QAR
09 February 20241 EGP = 0.1179 QAR
12 February 20241 EGP = 0.1186 QAR
13 February 20241 EGP = 0.1179 QAR
14 February 20241 EGP = 0.1178 QAR
15 February 20241 EGP = 0.1179 QAR
16 February 20241 EGP = 0.1179 QAR
17 February 20241 EGP = 0.1180 QAR
18 February 20241 EGP = 0.1180 QAR
19 February 20241 EGP = 0.1184 QAR
20 February 20241 EGP = 0.1179 QAR
21 February 20241 EGP = 0.1177 QAR
22 February 20241 EGP = 0.1178 QAR
23 February 20241 EGP = 0.1178 QAR
24 February 20241 EGP = 0.1180 QAR
25 February 20241 EGP = 0.1176 QAR
26 February 20241 EGP = 0.1179 QAR
27 February 20241 EGP = 0.1177 QAR
28 February 20241 EGP = 0.1178 QAR
29 February 20241 EGP = 0.1177 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.