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.
01/09/2011: Replacement by the Caribbean guilder
The Netherlands Antillean guilder was replaced by the Caribbean guilder as the official currency of Curacao and Sint Maarten.
10/10/2010: Dissolution of the Netherlands Antilles
The Netherlands Antilles were dissolved, resulting in the establishment of separate countries within the Kingdom of the Netherlands, including Curacao and Sint Maarten.
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.
01/01/2001: Introduction of the euro in the Netherlands
The euro was introduced as the official currency in the Netherlands, leading to increased integration with the European Union.
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.
01/12/1986: Pegged to the US dollar
The Netherlands Antillean guilder was pegged to the US dollar at a fixed exchange rate of 1.79 ANG to 1 USD.
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.
01/11/1952: Introduction of the Netherlands Antillean guilder
The Netherlands Antillean guilder was introduced as the currency of the Netherlands Antilles, replacing the Caribbean guilder.
25/11/1942: Curacao introduced the guilder
The guilder was introduced as the official currency of Curacao, replacing the Netherlands Antillean florin.
10/05/1940: German Occupation
During World War II, the Netherlands Antilles came under German occupation, resulting in restrictions and controls on currency usage.