South Korean Won qatari rial exchange rate history (KRW QAR) February 2024

South Korean Won qatari rial history for February 2024. The highest quote for this month is 0.002737 (07/02/2024) and the lowest 0.002817 (09/02/2024). The difference between high and low is -2.92.

KRW QAR average rate for February 2024 is 0.00273, the change between 01/02/2024 and 29/02/2024 is 0 %.

01 February 2024	1 KRW = 0.0027 QAR
02 February 2024	1 KRW = 0.0027 QAR
03 February 2024	1 KRW = 0.0027 QAR
04 February 2024	1 KRW = 0.0027 QAR
05 February 2024	1 KRW = 0.0027 QAR
06 February 2024	1 KRW = 0.0027 QAR
07 February 2024	1 KRW = 0.0027 QAR
08 February 2024	1 KRW = 0.0027 QAR
09 February 2024	1 KRW = 0.0027 QAR
12 February 2024	1 KRW = 0.0027 QAR
13 February 2024	1 KRW = 0.0027 QAR
14 February 2024	1 KRW = 0.0027 QAR
15 February 2024	1 KRW = 0.0027 QAR
16 February 2024	1 KRW = 0.0027 QAR
17 February 2024	1 KRW = 0.0027 QAR
18 February 2024	1 KRW = 0.0027 QAR
19 February 2024	1 KRW = 0.0027 QAR
20 February 2024	1 KRW = 0.0027 QAR
21 February 2024	1 KRW = 0.0027 QAR
22 February 2024	1 KRW = 0.0027 QAR
23 February 2024	1 KRW = 0.0027 QAR
24 February 2024	1 KRW = 0.0027 QAR
25 February 2024	1 KRW = 0.0027 QAR
26 February 2024	1 KRW = 0.0027 QAR
27 February 2024	1 KRW = 0.0027 QAR
28 February 2024	1 KRW = 0.0027 QAR
29 February 2024	1 KRW = 0.0027 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.

27/10/2008: Global Financial Crisis

The Korean Won faced significant volatility during the global financial crisis, as global markets tumbled and investor confidence wavered.

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.

01/01/1998: Establishment of IMF Program

South Korea agreed to an International Monetary Fund (IMF) bailout package, which stabilized the value of the Korean Won and initiated economic reforms.

03/12/1997: Asian Financial Crisis

The Korean Won experienced a sharp depreciation during the Asian Financial Crisis, causing severe economic hardships and requiring international assistance.

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.

27/02/1980: Declaration of Martial Law

Amidst political turmoil, President Chun Doo-hwan declared martial law, causing economic instability and impacting the value of the Korean Won.

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.

22/06/1962: Introduction of the Hwan

To combat inflation, the South Korean government introduced the Hwan as the new currency, replacing the old Korean Won.

27/07/1953: Armistice Agreement

Following the Korean War, the Armistice Agreement was signed, stabilizing the region and aiding in the recovery of the Korean Won.

15/08/1945: Liberation from Japanese Rule

Upon the end of Japanese colonial rule, the Korean Won was introduced as the official currency of South Korea.

Historic South Korean Won Qatari Rial