Singapore dollar qatari rial exchange rate history (SGD QAR) October 2023

Singapore dollar qatari rial history for October 2023. The highest quote for this month is 2.669 (11/10/2023) and the lowest 2.6755 (12/10/2023). The difference between high and low is -0.24.

SGD QAR average rate for October 2023 is 2.6588, the change between 01/10/2023 and 31/10/2023 is -0.08 %.

01 October 2023	1 SGD = 2.665 QAR
02 October 2023	1 SGD = 2.662 QAR
03 October 2023	1 SGD = 2.650 QAR
04 October 2023	1 SGD = 2.650 QAR
05 October 2023	1 SGD = 2.652 QAR
06 October 2023	1 SGD = 2.661 QAR
07 October 2023	1 SGD = 2.667 QAR
09 October 2023	1 SGD = 2.664 QAR
10 October 2023	1 SGD = 2.668 QAR
11 October 2023	1 SGD = 2.670 QAR
12 October 2023	1 SGD = 2.671 QAR
13 October 2023	1 SGD = 2.658 QAR
16 October 2023	1 SGD = 2.658 QAR
17 October 2023	1 SGD = 2.659 QAR
18 October 2023	1 SGD = 2.660 QAR
19 October 2023	1 SGD = 2.650 QAR
20 October 2023	1 SGD = 2.651 QAR
21 October 2023	1 SGD = 2.653 QAR
22 October 2023	1 SGD = 2.653 QAR
23 October 2023	1 SGD = 2.652 QAR
24 October 2023	1 SGD = 2.663 QAR
25 October 2023	1 SGD = 2.661 QAR
26 October 2023	1 SGD = 2.652 QAR
27 October 2023	1 SGD = 2.659 QAR
29 October 2023	1 SGD = 2.657 QAR
30 October 2023	1 SGD = 2.657 QAR
31 October 2023	1 SGD = 2.667 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.

Historic Singapore dollar Qatari Rial