Historic Qatari Rial Romanian leu

Qatari Rial romanian leu history for February 2024. The highest quote for this month is 1.2786 (14/02/2024) and the lowest 1.2727 (14/02/2024). The difference between high and low is 0.46.

QAR RON average rate for February 2024 is 1.26558, the change between 01/02/2024 and 29/02/2024 is +0.46 %.

01 February 20241 QAR = 1.264 RON
02 February 20241 QAR = 1.255 RON
03 February 20241 QAR = 1.266 RON
04 February 20241 QAR = 1.265 RON
05 February 20241 QAR = 1.265 RON
06 February 20241 QAR = 1.271 RON
07 February 20241 QAR = 1.270 RON
08 February 20241 QAR = 1.268 RON
09 February 20241 QAR = 1.268 RON
12 February 20241 QAR = 1.268 RON
13 February 20241 QAR = 1.268 RON
14 February 20241 QAR = 1.276 RON
15 February 20241 QAR = 1.273 RON
16 February 20241 QAR = 1.269 RON
17 February 20241 QAR = 1.268 RON
18 February 20241 QAR = 1.268 RON
19 February 20241 QAR = 1.270 RON
20 February 20241 QAR = 1.268 RON
21 February 20241 QAR = 1.263 RON
22 February 20241 QAR = 1.263 RON
23 February 20241 QAR = 1.262 RON
24 February 20241 QAR = 1.262 RON
25 February 20241 QAR = 1.263 RON
26 February 20241 QAR = 1.263 RON
27 February 20241 QAR = 1.258 RON
28 February 20241 QAR = 1.258 RON
29 February 20241 QAR = 1.259 RON

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.

01/04/2019: Romania plans to adopt the euro

The Romanian government announces its intention to join the Eurozone and set a target date for adopting the euro as the national currency.

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.

01/06/2005: Currency redenomination

Romania underwent a currency redenomination, with 10,000 old lei being exchanged for 1 new leu, to simplify transactions and eliminate zeros.

01/07/2003: Romania joins EU Accession

As part of joining the European Union, Romania pledges to adopt the euro in the future, aiming for greater economic integration.

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.

28/02/1991: End of communist era

As communism collapsed, Romania undergoes economic reforms and introduces a free-floating exchange rate system for the leu.

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.

30/12/1947: Communist regime introduces new leu

In an attempt to devalue the currency and control the economy, the Communist regime introduces a new leu at a ratio of 1:20,000.

01/03/1901: Introduction of the gold standard

Romanian leu was tied to the gold standard, ensuring the stability of the currency and attracting foreign investments.

01/04/1867: Creation of the Romanian leu

The leu was established as the official currency of Romania, replacing the previous currencies in circulation.
QAR RON July 2023
QAR RON August 2023
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QAR RON February 2024
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