Historic Cambodian Riel Qatari Rial

Cambodian Riel qatari rial history for February 2024. The highest quote for this month is 0.000914 (19/02/2024) and the lowest 0.000917 (02/02/2024). The difference between high and low is -0.33.

KHR QAR average rate for February 2024 is 0.0009, the change between 01/02/2024 and 29/02/2024 is -0.11 %.

01 February 20241 KHR = 0.0009 QAR
02 February 20241 KHR = 0.0009 QAR
03 February 20241 KHR = 0.0009 QAR
04 February 20241 KHR = 0.0009 QAR
05 February 20241 KHR = 0.0009 QAR
06 February 20241 KHR = 0.0009 QAR
07 February 20241 KHR = 0.0009 QAR
08 February 20241 KHR = 0.0009 QAR
09 February 20241 KHR = 0.0009 QAR
12 February 20241 KHR = 0.0009 QAR
13 February 20241 KHR = 0.0009 QAR
14 February 20241 KHR = 0.0009 QAR
15 February 20241 KHR = 0.0009 QAR
16 February 20241 KHR = 0.0009 QAR
17 February 20241 KHR = 0.0009 QAR
18 February 20241 KHR = 0.0009 QAR
19 February 20241 KHR = 0.0009 QAR
20 February 20241 KHR = 0.0009 QAR
21 February 20241 KHR = 0.0009 QAR
22 February 20241 KHR = 0.0009 QAR
23 February 20241 KHR = 0.0009 QAR
24 February 20241 KHR = 0.0009 QAR
25 February 20241 KHR = 0.0009 QAR
26 February 20241 KHR = 0.0009 QAR
27 February 20241 KHR = 0.0009 QAR
28 February 20241 KHR = 0.0009 QAR
29 February 20241 KHR = 0.0009 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.

22/04/2020: COVID-19 Impact

The COVID-19 pandemic caused disruptions in the Cambodian economy, leading to a decline in the value of the Riel.

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.

04/01/2001: Riel Redenomination

The Cambodian government redenominated the Riel by removing four zeros, making it easier for transactions.

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.

20/03/1995: Dollarization

Cambodia officially adopted a dual currency system, allowing the use of both Riel and the United States Dollar.

20/03/1994: Currency Stabilization

Cambodia implemented a new currency stabilization plan to control hyperinflation and stabilize the Riel.

07/01/1979: Liberation of Cambodia

Vietnamese forces liberated Cambodia from the Khmer Rouge, leading to the reestablishment of the Riel.

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.

17/04/1975: Khmer Rouge Regime

The Khmer Rouge regime took control of Cambodia, resulting in the abolition of currency and economic collapse.

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.

11/07/1951: Introduction of the Riel

The Riel was established as the official currency of Cambodia, replacing the French Indochinese Piastre.
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