Historic Bahamian dollar Qatari Rial

Bahamian dollar qatari rial history for February 2024. The highest quote for this month is 3.6634 (19/02/2024) and the lowest 3.6842 (02/02/2024). The difference between high and low is -0.57.

BSD QAR average rate for February 2024 is 3.6567, the change between 01/02/2024 and 29/02/2024 is -0.01 %.

01 February 20241 BSD = 3.669 QAR
02 February 20241 BSD = 3.664 QAR
03 February 20241 BSD = 3.640 QAR
04 February 20241 BSD = 3.640 QAR
05 February 20241 BSD = 3.630 QAR
06 February 20241 BSD = 3.659 QAR
07 February 20241 BSD = 3.660 QAR
08 February 20241 BSD = 3.662 QAR
09 February 20241 BSD = 3.661 QAR
12 February 20241 BSD = 3.666 QAR
13 February 20241 BSD = 3.663 QAR
14 February 20241 BSD = 3.662 QAR
15 February 20241 BSD = 3.662 QAR
16 February 20241 BSD = 3.664 QAR
17 February 20241 BSD = 3.640 QAR
18 February 20241 BSD = 3.640 QAR
19 February 20241 BSD = 3.662 QAR
20 February 20241 BSD = 3.663 QAR
21 February 20241 BSD = 3.662 QAR
22 February 20241 BSD = 3.663 QAR
23 February 20241 BSD = 3.661 QAR
24 February 20241 BSD = 3.640 QAR
25 February 20241 BSD = 3.640 QAR
26 February 20241 BSD = 3.665 QAR
27 February 20241 BSD = 3.662 QAR
28 February 20241 BSD = 3.663 QAR
29 February 20241 BSD = 3.669 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.

29/12/2014: Introduction of new Bahamian dollar variants

New variants of the Bahamian dollar banknotes, featuring improved security features, were introduced to combat counterfeit money.

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.

27/12/1974: Devaluation of the Bahamian dollar

The Bahamian dollar was devalued by 50% to stimulate the country's tourism industry and boost its economy.

10/07/1973: Independence from British rule

The Bahamas gained independence from British rule, maintaining the Bahamian dollar as its currency.

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.

09/09/1969: Currency Board Agreement

The Bahamas entered into a Currency Board Agreement with the Eastern Caribbean Currency Authority, establishing fixed exchange rates for their currencies.

01/01/1966: Introduction of the Bahamian dollar

The Bahamian dollar was introduced, replacing the British pound as the official currency of the Bahamas.

06/08/1866: Adoption of the British pound

The Bahamas officially adopted the British pound sterling as their currency, replacing the Bahamian pound.

06/06/1853: Introduction of the Bahamian pound

The Bahamian pound was introduced as the official currency of the Bahamas, replacing the Spanish dollar.
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