Historic Qatari Rial United States dollar

Qatari Rial united states dollar history for October 2023. The highest quote for this month is 0.27484 (20/10/2023) and the lowest 0.27484 (06/10/2023). The difference between high and low is 0.

QAR USD average rate for October 2023 is 0.27478, the change between 01/10/2023 and 31/10/2023 is -0.01 %.

01 October 20231 QAR = 0.2747 USD
03 October 20231 QAR = 0.2748 USD
04 October 20231 QAR = 0.2748 USD
06 October 20231 QAR = 0.2748 USD
07 October 20231 QAR = 0.2747 USD
09 October 20231 QAR = 0.2748 USD
10 October 20231 QAR = 0.2748 USD
11 October 20231 QAR = 0.2748 USD
13 October 20231 QAR = 0.2748 USD
16 October 20231 QAR = 0.2748 USD
17 October 20231 QAR = 0.2748 USD
18 October 20231 QAR = 0.2748 USD
19 October 20231 QAR = 0.2748 USD
20 October 20231 QAR = 0.2748 USD
21 October 20231 QAR = 0.2747 USD
22 October 20231 QAR = 0.2747 USD
23 October 20231 QAR = 0.2748 USD
24 October 20231 QAR = 0.2748 USD
25 October 20231 QAR = 0.2748 USD
26 October 20231 QAR = 0.2748 USD
27 October 20231 QAR = 0.2748 USD
29 October 20231 QAR = 0.2747 USD
30 October 20231 QAR = 0.2748 USD
31 October 20231 QAR = 0.2748 USD

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.

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.

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.

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.