Historic Israeli Sheqel Qatari Rial

Israeli Sheqel qatari rial history for February 2024. The highest quote for this month is 1.0112 (29/02/2024) and the lowest 1.0241 (29/02/2024). The difference between high and low is -1.28.

ILS QAR average rate for February 2024 is 0.99916, the change between 01/02/2024 and 29/02/2024 is -1.26 %.

01 February 20241 ILS = 1.000 QAR
02 February 20241 ILS = 0.9943 QAR
03 February 20241 ILS = 0.9965 QAR
04 February 20241 ILS = 0.9964 QAR
05 February 20241 ILS = 0.9963 QAR
06 February 20241 ILS = 0.9917 QAR
07 February 20241 ILS = 0.9984 QAR
08 February 20241 ILS = 0.9963 QAR
09 February 20241 ILS = 0.9849 QAR
12 February 20241 ILS = 0.9922 QAR
13 February 20241 ILS = 0.9944 QAR
14 February 20241 ILS = 0.9910 QAR
15 February 20241 ILS = 0.9958 QAR
16 February 20241 ILS = 1.005 QAR
17 February 20241 ILS = 1.011 QAR
18 February 20241 ILS = 1.010 QAR
19 February 20241 ILS = 1.010 QAR
20 February 20241 ILS = 1.002 QAR
21 February 20241 ILS = 0.9912 QAR
22 February 20241 ILS = 0.9893 QAR
23 February 20241 ILS = 1.001 QAR
24 February 20241 ILS = 1.005 QAR
25 February 20241 ILS = 1.003 QAR
26 February 20241 ILS = 1.002 QAR
27 February 20241 ILS = 0.9996 QAR
28 February 20241 ILS = 1.009 QAR
29 February 20241 ILS = 1.013 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.