Historic Israeli Sheqel Qatari Rial

Israeli Sheqel qatari rial history for August 2023. The highest quote for this month is 0.991 (01/08/2023) and the lowest 1.0044 (02/08/2023). The difference between high and low is -1.35.

ILS QAR average rate for August 2023 is 0.97342, the change between 01/08/2023 and 31/08/2023 is +3.09 %.

01 August 20231 ILS = 0.9933 QAR
02 August 20231 ILS = 1.001 QAR
03 August 20231 ILS = 0.9912 QAR
04 August 20231 ILS = 0.9871 QAR
07 August 20231 ILS = 0.9968 QAR
08 August 20231 ILS = 0.9875 QAR
09 August 20231 ILS = 0.9779 QAR
10 August 20231 ILS = 0.9869 QAR
11 August 20231 ILS = 0.9817 QAR
12 August 20231 ILS = 0.9767 QAR
14 August 20231 ILS = 0.9764 QAR
15 August 20231 ILS = 0.9722 QAR
16 August 20231 ILS = 0.9735 QAR
17 August 20231 ILS = 0.9705 QAR
18 August 20231 ILS = 0.9615 QAR
20 August 20231 ILS = 0.9601 QAR
21 August 20231 ILS = 0.9594 QAR
22 August 20231 ILS = 0.9592 QAR
23 August 20231 ILS = 0.9603 QAR
24 August 20231 ILS = 0.9679 QAR
25 August 20231 ILS = 0.9589 QAR
28 August 20231 ILS = 0.9574 QAR
29 August 20231 ILS = 0.9572 QAR
30 August 20231 ILS = 0.9580 QAR
31 August 20231 ILS = 0.9626 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: 1 US Dollar = 3.891 Israeli Sheqel

The Israeli Sheqel (ILS) reaches a historical low against the US Dollar in the foreign exchange market.

04/05/2008: Introduction of New Banknotes

New Israeli Sheqel (ILS) banknotes with enhanced security features were issued.

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.

01/09/1999: Introduction of Sheqel Coins

Israeli Sheqel (ILS) coins were introduced, replacing the agora as the subunit of the currency.

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.

24/02/1985: Hyperinflation Crisis

Israel experiences hyperinflation, leading to the introduction of the new Israeli Sheqel (ILS).

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.

16/03/1960: Introduction of the New Sheqel

The old Israeli pound (ILP) was replaced by the new Israeli Sheqel (ILS) as the official currency.

24/02/1949: Introduction of the Israel Pound

The Israeli pound (ILP) was introduced as legal tender in Israel.

24/09/1948: Israeli Declaration of Independence

The Israeli pound (ILP) was introduced as the official currency of Israel.