Qatari Rial malaysian ringgit exchange rate history (QAR MYR) December 2023

Qatari Rial malaysian ringgit history for December 2023. The highest quote for this month is 1.2928 (13/12/2023) and the lowest 1.286 (13/12/2023). The difference between high and low is 0.53.

QAR MYR average rate for December 2023 is 1.28057, the change between 01/12/2023 and 31/12/2023 is +1.1 %.

01 December 2023	1 QAR = 1.280 MYR
02 December 2023	1 QAR = 1.283 MYR
03 December 2023	1 QAR = 1.283 MYR
04 December 2023	1 QAR = 1.284 MYR
05 December 2023	1 QAR = 1.283 MYR
06 December 2023	1 QAR = 1.281 MYR
07 December 2023	1 QAR = 1.283 MYR
08 December 2023	1 QAR = 1.284 MYR
10 December 2023	1 QAR = 1.281 MYR
11 December 2023	1 QAR = 1.281 MYR
12 December 2023	1 QAR = 1.286 MYR
13 December 2023	1 QAR = 1.286 MYR
14 December 2023	1 QAR = 1.291 MYR
15 December 2023	1 QAR = 1.283 MYR
16 December 2023	1 QAR = 1.282 MYR
17 December 2023	1 QAR = 1.282 MYR
18 December 2023	1 QAR = 1.283 MYR
19 December 2023	1 QAR = 1.289 MYR
20 December 2023	1 QAR = 1.286 MYR
21 December 2023	1 QAR = 1.280 MYR
22 December 2023	1 QAR = 1.279 MYR
23 December 2023	1 QAR = 1.272 MYR
24 December 2023	1 QAR = 1.272 MYR
25 December 2023	1 QAR = 1.279 MYR
26 December 2023	1 QAR = 1.272 MYR
27 December 2023	1 QAR = 1.274 MYR
28 December 2023	1 QAR = 1.272 MYR
29 December 2023	1 QAR = 1.266 MYR

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.

Historic Qatari Rial Malaysian ringgit