Historic Samoan Tala Qatari Rial

Samoan Tala qatari rial history for August 2023. The highest quote for this month is 1.3579 (19/08/2023) and the lowest 1.3765 (07/08/2023). The difference between high and low is -1.37.

WST QAR average rate for August 2023 is 1.34608, the change between 01/08/2023 and 31/08/2023 is -0.01 %.

01 August 20231 WST = 1.358 QAR
04 August 20231 WST = 1.358 QAR
07 August 20231 WST = 1.377 QAR
08 August 20231 WST = 1.329 QAR
10 August 20231 WST = 1.325 QAR
12 August 20231 WST = 1.324 QAR
14 August 20231 WST = 1.324 QAR
15 August 20231 WST = 1.317 QAR
17 August 20231 WST = 1.358 QAR
19 August 20231 WST = 1.358 QAR
20 August 20231 WST = 1.358 QAR
21 August 20231 WST = 1.358 QAR
28 August 20231 WST = 1.358 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.

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.