Historic Moroccan dirham Qatari Rial

Moroccan dirham qatari rial history for January 2024. The highest quote for this month is 0.37823 (04/01/2024) and the lowest 0.38069 (05/01/2024). The difference between high and low is -0.65.

MAD QAR average rate for January 2024 is 0.36959, the change between 01/01/2024 and 31/01/2024 is +3.93 %.

01 January 20241 MAD = 0.3786 QAR
02 January 20241 MAD = 0.3784 QAR
03 January 20241 MAD = 0.3666 QAR
04 January 20241 MAD = 0.3665 QAR
05 January 20241 MAD = 0.3677 QAR
06 January 20241 MAD = 0.3660 QAR
07 January 20241 MAD = 0.3671 QAR
08 January 20241 MAD = 0.3787 QAR
09 January 20241 MAD = 0.3666 QAR
10 January 20241 MAD = 0.3774 QAR
11 January 20241 MAD = 0.3659 QAR
12 January 20241 MAD = 0.3659 QAR
14 January 20241 MAD = 0.3660 QAR
15 January 20241 MAD = 0.3776 QAR
16 January 20241 MAD = 0.3777 QAR
17 January 20241 MAD = 0.3759 QAR
18 January 20241 MAD = 0.3644 QAR
19 January 20241 MAD = 0.3644 QAR
22 January 20241 MAD = 0.3780 QAR
23 January 20241 MAD = 0.3661 QAR
24 January 20241 MAD = 0.3646 QAR
25 January 20241 MAD = 0.3656 QAR
26 January 20241 MAD = 0.3646 QAR
28 January 20241 MAD = 0.3650 QAR
29 January 20241 MAD = 0.3769 QAR
30 January 20241 MAD = 0.3631 QAR
31 January 20241 MAD = 0.3638 QAR

15/09/2021: Digitization of the Moroccan dirham

Morocco announced plans to digitize the dirham, introducing a central bank digital currency (CBDC) for financial transactions in the country.

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.

02/06/2014: Introduction of the fourth dirham

Another series of Moroccan dirham banknotes was issued, featuring new designs and enhanced security features.

02/07/2005: Dirham's exchange rate floatation

Morocco moved to a floating exchange rate regime, allowing the dirham to fluctuate based on market forces.

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.

01/05/1999: Introduction of the third dirham

A new series of Moroccan dirham banknotes was introduced with enhanced security features.

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.

12/12/1980: Introduction of the second dirham

A new series of Moroccan dirham banknotes was issued to replace the first series.

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.

17/10/1974: Adoption of the dirham as the currency

The Moroccan franc was replaced by the Moroccan dirham (MAD) as the official currency.

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.

26/11/1960: Introduction of the Moroccan franc (FRF)

The Moroccan franc was introduced as the official currency of Morocco.
MAD QAR January 2024
MAD QAR February 2024
MAD QAR March 2024
MAD QAR April 2024
MAD QAR May 2024
MAD QAR June 2024
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MAD QAR January 2025