Qatari Rial australian dollar exchange rate history (QAR AUD) December 2023

Qatari Rial australian dollar history for December 2023. The highest quote for this month is 0.42114 (07/12/2023) and the lowest 0.41744 (11/12/2023). The difference between high and low is 0.88.

QAR AUD average rate for December 2023 is 0.41057, the change between 01/12/2023 and 31/12/2023 is +3.2 %.

01 December 2023	1 QAR = 0.4159 AUD
02 December 2023	1 QAR = 0.4115 AUD
03 December 2023	1 QAR = 0.4120 AUD
04 December 2023	1 QAR = 0.4112 AUD
05 December 2023	1 QAR = 0.4153 AUD
06 December 2023	1 QAR = 0.4192 AUD
07 December 2023	1 QAR = 0.4195 AUD
08 December 2023	1 QAR = 0.4167 AUD
10 December 2023	1 QAR = 0.4177 AUD
11 December 2023	1 QAR = 0.4176 AUD
12 December 2023	1 QAR = 0.4185 AUD
13 December 2023	1 QAR = 0.4186 AUD
14 December 2023	1 QAR = 0.4123 AUD
15 December 2023	1 QAR = 0.4099 AUD
16 December 2023	1 QAR = 0.4101 AUD
17 December 2023	1 QAR = 0.4101 AUD
18 December 2023	1 QAR = 0.4102 AUD
19 December 2023	1 QAR = 0.4099 AUD
20 December 2023	1 QAR = 0.4063 AUD
21 December 2023	1 QAR = 0.4078 AUD
22 December 2023	1 QAR = 0.4044 AUD
23 December 2023	1 QAR = 0.4039 AUD
24 December 2023	1 QAR = 0.4039 AUD
25 December 2023	1 QAR = 0.4036 AUD
26 December 2023	1 QAR = 0.4038 AUD
27 December 2023	1 QAR = 0.4027 AUD
28 December 2023	1 QAR = 0.4010 AUD
29 December 2023	1 QAR = 0.4026 AUD

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 Australian dollar experienced a sharp decline due to the global economic impact of the COVID-19 pandemic and uncertainty in financial markets.

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.

13/10/2011: Record high exchange rate

The Australian dollar reached a record high exchange rate of above $1.10 against the US dollar, driven by strong commodity demand and high interest rates.

06/10/2008: Global Financial Crisis

The Australian dollar experienced a significant decline due to the impact of the global financial crisis, reaching a low point of around $0.60 against 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.

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.

30/06/1996: Introduction of the polymer banknotes

Australia introduced polymer banknotes, replacing the paper-based banknotes, enhancing their durability and security features.

08/03/1983: Floating of the Australian dollar

The Australian dollar was fully floated and allowed to fluctuate freely on the foreign exchange market, leading to increased volatility.

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.

12/12/1971: End of the fixed exchange rate

Australia shifted from a fixed exchange rate to a flexible exchange rate, allowing market forces to determine the value of the Australian dollar.

13/02/1966: Decimalisation of the Australian currency

Australia adopted decimal currency, replacing the pound with the Australian dollar, symbol 'A$'.

Historic Qatari Rial Australian dollar