Historic Guyanese dollar Qatari Rial

Guyanese dollar qatari rial history for December 2023. The highest quote for this month is 0.018189 (19/12/2023) and the lowest 0.018391 (14/12/2023). The difference between high and low is -1.11.

GYD QAR average rate for December 2023 is 0.018, the change between 01/12/2023 and 31/12/2023 is +0.59 %.

01 December 20231 GYD = 0.0182 QAR
02 December 20231 GYD = 0.0175 QAR
03 December 20231 GYD = 0.0175 QAR
04 December 20231 GYD = 0.0182 QAR
05 December 20231 GYD = 0.0182 QAR
06 December 20231 GYD = 0.0182 QAR
07 December 20231 GYD = 0.0182 QAR
08 December 20231 GYD = 0.0182 QAR
10 December 20231 GYD = 0.0175 QAR
11 December 20231 GYD = 0.0182 QAR
12 December 20231 GYD = 0.0182 QAR
13 December 20231 GYD = 0.0182 QAR
14 December 20231 GYD = 0.0182 QAR
15 December 20231 GYD = 0.0182 QAR
16 December 20231 GYD = 0.0175 QAR
17 December 20231 GYD = 0.0175 QAR
18 December 20231 GYD = 0.0181 QAR
19 December 20231 GYD = 0.0182 QAR
20 December 20231 GYD = 0.0182 QAR
21 December 20231 GYD = 0.0182 QAR
22 December 20231 GYD = 0.0182 QAR
23 December 20231 GYD = 0.0175 QAR
24 December 20231 GYD = 0.0175 QAR
25 December 20231 GYD = 0.0182 QAR
26 December 20231 GYD = 0.0182 QAR
27 December 20231 GYD = 0.0181 QAR
28 December 20231 GYD = 0.0182 QAR
29 December 20231 GYD = 0.0181 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.

01/01/2020: Transition to Polymer Banknotes

Polymer banknotes were introduced in Guyana, enhancing the durability and security features of the Guyanese dollar.

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.

03/02/2003: Redenomination of the Currency

The Guyanese dollar underwent a redenomination, with old banknotes replaced by new notes at a rate of 1,000 old dollars to 1 new 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.

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.

05/10/1992: Resumption of Banking System

The resumption of the banking system in Guyana significantly improved the stability and accessibility of the Guyanese dollar.

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.

26/05/1966: Independence of Guyana

Following Guyana's independence from Britain, the currency was renamed from British Guiana dollar to Guyanese dollar.

12/09/1951: Currency Board Established

A Currency Board was established to manage the British Guiana dollar, ensuring its stability and convertibility.

06/08/1917: Currency Act of 1917

The British Guiana dollar was revalued at a rate of 4.80 dollars to 1 U.S. dollar, following the Currency Act of 1917.

18/01/1839: Introduction of the British Guiana dollar

British Guiana dollar introduced as the official currency of British Guiana, replacing the Spanish and Portuguese coins previously in circulation.