Historic Singapore dollar Qatari Rial

Singapore dollar qatari rial history for February 2024. The highest quote for this month is 2.7124 (03/02/2024) and the lowest 2.7262 (02/02/2024). The difference between high and low is -0.51.

SGD QAR average rate for February 2024 is 2.70689, the change between 01/02/2024 and 29/02/2024 is +0.43 %.

01 February 20241 SGD = 2.715 QAR
02 February 20241 SGD = 2.722 QAR
03 February 20241 SGD = 2.712 QAR
04 February 20241 SGD = 2.713 QAR
05 February 20241 SGD = 2.709 QAR
06 February 20241 SGD = 2.702 QAR
07 February 20241 SGD = 2.708 QAR
08 February 20241 SGD = 2.709 QAR
09 February 20241 SGD = 2.702 QAR
12 February 20241 SGD = 2.705 QAR
13 February 20241 SGD = 2.706 QAR
14 February 20241 SGD = 2.693 QAR
15 February 20241 SGD = 2.699 QAR
16 February 20241 SGD = 2.704 QAR
17 February 20241 SGD = 2.705 QAR
18 February 20241 SGD = 2.704 QAR
19 February 20241 SGD = 2.705 QAR
20 February 20241 SGD = 2.703 QAR
21 February 20241 SGD = 2.708 QAR
22 February 20241 SGD = 2.707 QAR
23 February 20241 SGD = 2.711 QAR
24 February 20241 SGD = 2.710 QAR
25 February 20241 SGD = 2.711 QAR
26 February 20241 SGD = 2.709 QAR
27 February 20241 SGD = 2.706 QAR
28 February 20241 SGD = 2.707 QAR
29 February 20241 SGD = 2.703 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.

30/03/2020: SGD in COVID-19 Pandemic

The SGD faces volatility and fluctuations in value due to the economic impact of the COVID-19 pandemic.

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.

13/10/2016: Celebrating 50 Years of Currency

Singapore commemorates 50 years of Singapore currency, showcasing the success and stability of the SGD.

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.

21/07/2003: Currency Interchangeability Agreement with Brunei

The SGD and Brunei dollar become interchangeable at par value, enhancing economic cooperation between the two countries.

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.

02/01/2001: Floatation of SGD

Singapore allows the SGD to float freely against other currencies, abandoning the exchange rate peg and adopting a managed float system.

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.

01/03/1973: Pegging to a Basket of Currencies

The SGD is pegged to a basket of currencies, leading to increased stability and reduced reliance on a single currency.

12/06/1967: Monetary Agreement with Malaysia

Singapore withdrew from the Malaysian dollar and issued its own currency.

12/06/1965: Independence of Singapore

The Singapore dollar (SGD) is introduced as the official currency upon Singapore's separation from Malaysia.
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