Historic Qatari Rial Egyptian Pound

Qatari Rial egyptian pound history for January 2024. The highest quote for this month is 8.535 (02/01/2024) and the lowest 8.4803 (01/01/2024). The difference between high and low is 0.64.

QAR EGP average rate for January 2024 is 8.47887, the change between 01/01/2024 and 31/01/2024 is -0.06 %.

01 January 20241 QAR = 8.49 EGP
02 January 20241 QAR = 8.52 EGP
03 January 20241 QAR = 8.49 EGP
04 January 20241 QAR = 8.49 EGP
05 January 20241 QAR = 8.45 EGP
06 January 20241 QAR = 8.45 EGP
07 January 20241 QAR = 8.45 EGP
08 January 20241 QAR = 8.41 EGP
09 January 20241 QAR = 8.49 EGP
10 January 20241 QAR = 8.48 EGP
11 January 20241 QAR = 8.48 EGP
12 January 20241 QAR = 8.48 EGP
14 January 20241 QAR = 8.48 EGP
15 January 20241 QAR = 8.49 EGP
16 January 20241 QAR = 8.50 EGP
17 January 20241 QAR = 8.48 EGP
18 January 20241 QAR = 8.48 EGP
19 January 20241 QAR = 8.48 EGP
22 January 20241 QAR = 8.45 EGP
23 January 20241 QAR = 8.49 EGP
24 January 20241 QAR = 8.48 EGP
25 January 20241 QAR = 8.48 EGP
26 January 20241 QAR = 8.48 EGP
28 January 20241 QAR = 8.49 EGP
29 January 20241 QAR = 8.48 EGP
30 January 20241 QAR = 8.49 EGP
31 January 20241 QAR = 8.50 EGP

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.

03/11/2020: Economic Impact of COVID-19

The COVID-19 pandemic caused economic disruptions globally, affecting the Egyptian Pound's exchange rate and foreign reserves.

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.

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.

14/11/1999: Liberalization of Exchange Rate

The Egyptian government implemented a managed float exchange rate system, allowing the Pound to fluctuate based on market forces.

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.

12/08/1987: Introduction of New Egyptian Pound

A new Egyptian Pound banknote was introduced to combat counterfeiting and improve security features.

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.

14/09/1962: Devaluation of the Pound

The Egyptian government devalued the Pound by 55%, leading to a significant decrease in its value.

23/07/1952: Overthrow of the Monarchy

The Egyptian monarchy was overthrown, leading to political and economic changes that affected the value of the Egyptian Pound.

02/05/1885: Establishment of Central Bank of Egypt

The Central Bank of Egypt was established to regulate the currency and banking system in Egypt.

29/07/1834: Introduction of Egyptian Pound

The Egyptian Pound was introduced as the official currency of Egypt, replacing the piastre.
QAR EGP July 2023
QAR EGP August 2023
QAR EGP September 2023
QAR EGP October 2023
QAR EGP November 2023
QAR EGP December 2023
QAR EGP January 2024
QAR EGP February 2024
QAR EGP March 2024
QAR EGP April 2024
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QAR EGP June 2024
QAR EGP July 2024