Historic Malaysian ringgit Qatari Rial

Malaysian ringgit qatari rial history for February 2024. The highest quote for this month is 0.77192 (03/02/2024) and the lowest 0.77238 (02/02/2024). The difference between high and low is -0.06.

MYR QAR average rate for February 2024 is 0.76407, the change between 01/02/2024 and 29/02/2024 is +0.84 %.

01 February 20241 MYR = 0.7697 QAR
02 February 20241 MYR = 0.7700 QAR
03 February 20241 MYR = 0.7719 QAR
04 February 20241 MYR = 0.7720 QAR
05 February 20241 MYR = 0.7719 QAR
06 February 20241 MYR = 0.7666 QAR
07 February 20241 MYR = 0.7640 QAR
08 February 20241 MYR = 0.7646 QAR
09 February 20241 MYR = 0.7633 QAR
12 February 20241 MYR = 0.7640 QAR
13 February 20241 MYR = 0.7640 QAR
14 February 20241 MYR = 0.7638 QAR
15 February 20241 MYR = 0.7606 QAR
16 February 20241 MYR = 0.7615 QAR
17 February 20241 MYR = 0.7619 QAR
18 February 20241 MYR = 0.7619 QAR
19 February 20241 MYR = 0.7616 QAR
20 February 20241 MYR = 0.7606 QAR
21 February 20241 MYR = 0.7586 QAR
22 February 20241 MYR = 0.7592 QAR
23 February 20241 MYR = 0.7620 QAR
24 February 20241 MYR = 0.7623 QAR
25 February 20241 MYR = 0.7623 QAR
26 February 20241 MYR = 0.7623 QAR
27 February 20241 MYR = 0.7619 QAR
28 February 20241 MYR = 0.7643 QAR
29 February 20241 MYR = 0.7632 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.

18/03/2020: COVID-19 Pandemic Impact

The COVID-19 pandemic caused a sharp decline in the value of the ringgit, as global markets experienced volatility and economic slowdown.

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.

12/08/2015: Ringgit Depreciation

The Malaysian ringgit experienced a significant depreciation against major currencies due to falling oil prices and global economic uncertainties.

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.

21/07/2005: Removal of Currency Peg

The Malaysian government removed the fixed exchange rate peg to the US dollar, allowing the ringgit to float freely based on market forces.

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.

02/07/1997: Asian Financial Crisis

The Malaysian ringgit was heavily affected by the Asian financial crisis, leading to a currency devaluation and introduction of capital controls.

12/06/1985: Currency Pegged to the US Dollar

The Malaysian ringgit was pegged to the US dollar at a fixed exchange rate of RM2.50 per USD to stabilize the economy.

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.

29/08/1975: Change to Malaysian Ringgit

The Malaysian dollar was renamed as the Malaysian ringgit, with the currency symbol RM, to reflect the country's independence and identity.

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.

12/06/1967: Introduction of the Malaysian Dollar

The Malaysian dollar was introduced as the official currency of Malaysia, replacing the Malaya and British Borneo dollar.
MYR QAR July 2023
MYR QAR August 2023
MYR QAR September 2023
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MYR QAR February 2024
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