Historic Angolan kwanza Qatari Rial

Angolan kwanza qatari rial history for March 2024. The highest quote for this month is 0.004392 (04/03/2024) and the lowest 0.004391 (01/03/2024). The difference between high and low is 0.02.

AOA QAR average rate for March 2024 is 0.00438, the change between 01/03/2024 and 31/03/2024 is +0.46 %.

01 March 20241 AOA = 0.0044 QAR
04 March 20241 AOA = 0.0044 QAR
05 March 20241 AOA = 0.0044 QAR
06 March 20241 AOA = 0.0044 QAR
07 March 20241 AOA = 0.0044 QAR
11 March 20241 AOA = 0.0044 QAR

01/01/2022: Currency Floatation

Angola transitioned from a fixed exchange rate to a floating exchange rate system, allowing the Kwanza's value to be determined by the market forces of supply and demand.

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.

30/10/2020: Kwanza Devaluation

In response to economic challenges, Angola devalued the Kwanza by approximately 24%, increasing the exchange rate from 165 to 195 Kwanzas per US dollar.

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.

15/04/2013: Currency Redesign

Angola launched a new series of banknotes, featuring improved security features and new designs to reflect national landmarks and culture.

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.

08/11/1999: Return to Kwanza

Angola reintroduced the Kwanza as the official currency, replacing the Kwanza Reajustado, at a rate of 1,000 Kwanza Reajustado to 1 Kwanza.

18/02/1999: Introduction of Kwanza Reajustado

Kwanza Reajustado was introduced as a temporary currency, with 1 Kwanza Reajustado equal to 1,000 regular Kwanzas.

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.

31/03/1990: Kwanza Revaluation

In an attempt to combat hyperinflation, the government redenominated the currency, with 1 new Kwanza equal to 1,000 old Kwanzas.

08/01/1977: Introduction of the Kwanza

Angola introduced the first Kwanza currency, replacing the Portuguese Escudo, with 1 Kwanza equal to 1 Escudo.

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.