Historic Romanian leu Qatari Rial

Romanian leu qatari rial history for February 2024. The highest quote for this month is 0.79378 (27/02/2024) and the lowest 0.79806 (02/02/2024). The difference between high and low is -0.54.

RON QAR average rate for February 2024 is 0.79017, the change between 01/02/2024 and 29/02/2024 is -0.46 %.

01 February 20241 RON = 0.7909 QAR
02 February 20241 RON = 0.7967 QAR
03 February 20241 RON = 0.7901 QAR
04 February 20241 RON = 0.7907 QAR
05 February 20241 RON = 0.7906 QAR
06 February 20241 RON = 0.7867 QAR
07 February 20241 RON = 0.7874 QAR
08 February 20241 RON = 0.7886 QAR
09 February 20241 RON = 0.7888 QAR
12 February 20241 RON = 0.7887 QAR
13 February 20241 RON = 0.7885 QAR
14 February 20241 RON = 0.7838 QAR
15 February 20241 RON = 0.7854 QAR
16 February 20241 RON = 0.7883 QAR
17 February 20241 RON = 0.7887 QAR
18 February 20241 RON = 0.7885 QAR
19 February 20241 RON = 0.7876 QAR
20 February 20241 RON = 0.7887 QAR
21 February 20241 RON = 0.7915 QAR
22 February 20241 RON = 0.7920 QAR
23 February 20241 RON = 0.7923 QAR
24 February 20241 RON = 0.7923 QAR
25 February 20241 RON = 0.7920 QAR
26 February 20241 RON = 0.7915 QAR
27 February 20241 RON = 0.7949 QAR
28 February 20241 RON = 0.7950 QAR
29 February 20241 RON = 0.7946 QAR

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.
RON QAR July 2023
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