Historic Colombian Peso Qatari Rial

Colombian Peso qatari rial history for December 2023. The highest quote for this month is 0.000949 (28/12/2023) and the lowest 0.000953 (28/12/2023). The difference between high and low is -0.42.

COP QAR average rate for December 2023 is 0.00092, the change between 01/12/2023 and 31/12/2023 is -3.53 %.

01 December 20231 COP = 0.0009 QAR
02 December 20231 COP = 0.0009 QAR
03 December 20231 COP = 0.0009 QAR
04 December 20231 COP = 0.0009 QAR
05 December 20231 COP = 0.0009 QAR
06 December 20231 COP = 0.0009 QAR
07 December 20231 COP = 0.0009 QAR
08 December 20231 COP = 0.0009 QAR
10 December 20231 COP = 0.0009 QAR
11 December 20231 COP = 0.0009 QAR
12 December 20231 COP = 0.0009 QAR
13 December 20231 COP = 0.0009 QAR
14 December 20231 COP = 0.0009 QAR
15 December 20231 COP = 0.0009 QAR
16 December 20231 COP = 0.0009 QAR
17 December 20231 COP = 0.0009 QAR
18 December 20231 COP = 0.0009 QAR
19 December 20231 COP = 0.0009 QAR
20 December 20231 COP = 0.0009 QAR
21 December 20231 COP = 0.0009 QAR
22 December 20231 COP = 0.0009 QAR
23 December 20231 COP = 0.0009 QAR
24 December 20231 COP = 0.0009 QAR
25 December 20231 COP = 0.0009 QAR
26 December 20231 COP = 0.0009 QAR
27 December 20231 COP = 0.0009 QAR
28 December 20231 COP = 0.0009 QAR
29 December 20231 COP = 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.

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.

02/12/2016: Peace Agreement Impact

After the signing of the peace agreement with FARC, the Colombian Peso strengthened and saw improvements in the economy.

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.

24/07/2001: Exchange rate flexibility

Colombia allowed the Colombian Peso to have a flexible exchange rate, transitioning from a fixed exchange rate system.

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.

21/10/1999: Colombia's Financial Crisis

Colombia faced a financial crisis resulting in a devaluation of the Peso and an economic recession.

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.

04/07/1991: Introduction of a New Peso

A new Peso was introduced with a higher value, replacing the old Peso due to high inflation.

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.

12/06/1953: Creation of Banco de la República

The central bank of Colombia, Banco de la República, was established to regulate and control the Colombian Peso.

31/07/1886: Adoption of the Gold Standard

Colombia adopted the gold standard, linking the value of the Peso to gold, stabilizing the currency.

27/05/1837: Introduction of the Peso

The Colombian Peso was introduced as the official currency of Colombia, replacing the Spanish real.