Historic Israeli Sheqel Qatari Rial

Israeli Sheqel qatari rial history for December 2023. The highest quote for this month is 1.0114 (24/12/2023) and the lowest 1.0201 (25/12/2023). The difference between high and low is -0.86.

ILS QAR average rate for December 2023 is 0.99226, the change between 01/12/2023 and 31/12/2023 is -2.66 %.

01 December 20231 ILS = 0.9779 QAR
02 December 20231 ILS = 0.9819 QAR
03 December 20231 ILS = 0.9819 QAR
04 December 20231 ILS = 0.9790 QAR
05 December 20231 ILS = 0.9776 QAR
06 December 20231 ILS = 0.9785 QAR
07 December 20231 ILS = 0.9844 QAR
08 December 20231 ILS = 0.9842 QAR
10 December 20231 ILS = 0.9831 QAR
11 December 20231 ILS = 0.9830 QAR
12 December 20231 ILS = 0.9802 QAR
13 December 20231 ILS = 0.9804 QAR
14 December 20231 ILS = 0.9836 QAR
15 December 20231 ILS = 0.9931 QAR
16 December 20231 ILS = 0.9904 QAR
17 December 20231 ILS = 0.9935 QAR
18 December 20231 ILS = 0.9934 QAR
19 December 20231 ILS = 0.9934 QAR
20 December 20231 ILS = 0.9964 QAR
21 December 20231 ILS = 1.004 QAR
22 December 20231 ILS = 1.004 QAR
23 December 20231 ILS = 1.011 QAR
24 December 20231 ILS = 1.012 QAR
25 December 20231 ILS = 1.011 QAR
26 December 20231 ILS = 1.013 QAR
27 December 20231 ILS = 1.004 QAR
28 December 20231 ILS = 1.005 QAR
29 December 20231 ILS = 1.004 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.