Historic Qatari Rial Arab Emirates Dirham

Qatari Rial arab emirates dirham history for October 2023. The highest quote for this month is 1.0095 (05/10/2023) and the lowest 1.0092 (05/10/2023). The difference between high and low is 0.03.

QAR AED average rate for October 2023 is 1.00905, the change between 01/10/2023 and 31/10/2023 is +0.01 %.

01 October 20231 QAR = 1.009 AED
02 October 20231 QAR = 1.009 AED
03 October 20231 QAR = 1.009 AED
04 October 20231 QAR = 1.009 AED
05 October 20231 QAR = 1.009 AED
06 October 20231 QAR = 1.009 AED
07 October 20231 QAR = 1.009 AED
09 October 20231 QAR = 1.009 AED
10 October 20231 QAR = 1.009 AED
11 October 20231 QAR = 1.009 AED
12 October 20231 QAR = 1.009 AED
13 October 20231 QAR = 1.009 AED
16 October 20231 QAR = 1.009 AED
17 October 20231 QAR = 1.009 AED
18 October 20231 QAR = 1.009 AED
19 October 20231 QAR = 1.009 AED
20 October 20231 QAR = 1.009 AED
21 October 20231 QAR = 1.009 AED
22 October 20231 QAR = 1.009 AED
23 October 20231 QAR = 1.009 AED
24 October 20231 QAR = 1.009 AED
25 October 20231 QAR = 1.009 AED
26 October 20231 QAR = 1.009 AED
27 October 20231 QAR = 1.009 AED
29 October 20231 QAR = 1.009 AED
30 October 20231 QAR = 1.009 AED
31 October 20231 QAR = 1.009 AED

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.

17/06/2018: Introduction of New Banknotes

A new series of UAE dirham banknotes, featuring enhanced durability, 3D security features, and tactile marks for visually impaired individuals, is introduced.

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.

01/01/2007: Security Enhancements

New security features, including holograms and advanced anti-counterfeiting measures, are added to the UAE dirham banknotes.

01/12/2002: Introduction of Modern Coinage

A new series of UAE dirham coins, featuring modern designs and security features, is introduced.

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.

20/03/1995: Currency Peg to US Dollar

The UAE dirham is pegged to the United States dollar at a fixed exchange rate of 1 USD to 3.6725 AED.

01/01/1978: Currency Issuance Authority

The UAE Currency Issuing Authority is established, granting the authority to issue and manage the UAE dirham.

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.

28/01/1973: Decoupling from Pound Sterling

The UAE dirham is officially decoupled from the British pound sterling and a new exchange rate is set.

02/12/1971: Formation of UAE

The United Arab Emirates is formed, resulting in the introduction of the UAE dirham as its official currency.