Salvadoran Colón qatari rial history for March 2024. The highest quote for this month is 0.42671 (07/03/2024) and the lowest 0.42863 (08/03/2024). The difference between high and low is -0.45.
SVC QAR average rate for March 2024 is 0.42374, the change between 01/03/2024 and 31/03/2024 is +2.44 %.
| 01 March 2024 | 1 SVC = 0.4264 QAR |
| 03 March 2024 | 1 SVC = 0.4160 QAR |
| 04 March 2024 | 1 SVC = 0.4280 QAR |
| 05 March 2024 | 1 SVC = 0.4264 QAR |
| 06 March 2024 | 1 SVC = 0.4264 QAR |
| 07 March 2024 | 1 SVC = 0.4266 QAR |
| 08 March 2024 | 1 SVC = 0.4285 QAR |
| 10 March 2024 | 1 SVC = 0.4160 QAR |
| 11 March 2024 | 1 SVC = 0.4271 QAR |
| 12 March 2024 | 1 SVC = 0.4160 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.
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.
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.