Historic Omani rial Qatari Rial

Omani rial qatari rial history for February 2024. The highest quote for this month is 9.488 (06/02/2024) and the lowest 9.798 (12/02/2024). The difference between high and low is -3.27.

OMR QAR average rate for February 2024 is 9.47815, the change between 01/02/2024 and 29/02/2024 is +0.01 %.

01 February 20241 OMR = 9.49 QAR
02 February 20241 OMR = 9.49 QAR
03 February 20241 OMR = 9.46 QAR
04 February 20241 OMR = 9.46 QAR
05 February 20241 OMR = 9.48 QAR
06 February 20241 OMR = 9.49 QAR
07 February 20241 OMR = 9.49 QAR
08 February 20241 OMR = 9.49 QAR
09 February 20241 OMR = 9.49 QAR
12 February 20241 OMR = 9.48 QAR
13 February 20241 OMR = 9.49 QAR
14 February 20241 OMR = 9.49 QAR
15 February 20241 OMR = 9.49 QAR
16 February 20241 OMR = 9.49 QAR
17 February 20241 OMR = 9.46 QAR
18 February 20241 OMR = 9.46 QAR
19 February 20241 OMR = 9.48 QAR
20 February 20241 OMR = 9.49 QAR
21 February 20241 OMR = 9.49 QAR
22 February 20241 OMR = 9.49 QAR
23 February 20241 OMR = 9.49 QAR
24 February 20241 OMR = 9.46 QAR
25 February 20241 OMR = 9.46 QAR
26 February 20241 OMR = 9.48 QAR
27 February 20241 OMR = 9.49 QAR
28 February 20241 OMR = 9.49 QAR
29 February 20241 OMR = 9.49 QAR

16/03/2021: New 5 Rial Polymer Banknote Introduced

A new polymer banknote with a denomination of 5 rials was introduced, enhancing durability and security features of the currency.

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.

15/01/2003: New Omani Rial Banknotes Issued

New series of Omani rial banknotes were introduced, featuring enhanced security features and updated designs.

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.

12/06/1994: Smaller Denomination Coins Issued

Small denomination coins, including 5, 10, 25, and 50 baisa coins, were issued in order to facilitate everyday transactions.

17/03/1986: 200 Baisa Coin Introduced

A new 200 baisa coin was introduced, becoming the highest denomination coin in circulation at that time.

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.

11/11/1975: 1/8 Rial Copper-Nickel Coin Introduced

A new 1/8 rial coin made of copper-nickel was introduced, representing a fractional value of the rial currency.

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.

02/03/1973: Rial Oman Pegged to US Dollar

The Omani rial was officially pegged to the United States dollar, with an exchange rate of 1 OMR = 2.895 USD.

27/07/1970: Rial Oman is Introduced

The Omani rial was introduced, replacing the Gulf rupee at a rate of 1 rial = 2.6008 rupees.
OMR QAR July 2023
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