Historic Namibian dollar Qatari Rial

Namibian dollar qatari rial history for February 2024. The highest quote for this month is 0.19593 (01/02/2024) and the lowest 0.19629 (03/02/2024). The difference between high and low is -0.18.

NAD QAR average rate for February 2024 is 0.19161, the change between 01/02/2024 and 29/02/2024 is +3.95 %.

01 February 20241 NAD = 0.1959 QAR
02 February 20241 NAD = 0.1957 QAR
03 February 20241 NAD = 0.1926 QAR
04 February 20241 NAD = 0.1926 QAR
05 February 20241 NAD = 0.1958 QAR
06 February 20241 NAD = 0.1909 QAR
07 February 20241 NAD = 0.1933 QAR
08 February 20241 NAD = 0.1925 QAR
09 February 20241 NAD = 0.1919 QAR
12 February 20241 NAD = 0.1913 QAR
13 February 20241 NAD = 0.1913 QAR
14 February 20241 NAD = 0.1901 QAR
15 February 20241 NAD = 0.1910 QAR
16 February 20241 NAD = 0.1919 QAR
17 February 20241 NAD = 0.1932 QAR
18 February 20241 NAD = 0.1929 QAR
19 February 20241 NAD = 0.1919 QAR
20 February 20241 NAD = 0.1929 QAR
21 February 20241 NAD = 0.1924 QAR
22 February 20241 NAD = 0.1924 QAR
23 February 20241 NAD = 0.1897 QAR
24 February 20241 NAD = 0.1885 QAR
25 February 20241 NAD = 0.1886 QAR
26 February 20241 NAD = 0.1897 QAR
27 February 20241 NAD = 0.1882 QAR
28 February 20241 NAD = 0.1882 QAR
29 February 20241 NAD = 0.1882 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.

26/01/2016: New N$100 and N$200 Banknotes Introduced

Namibia introduced new banknotes of N$100 and N$200 denominations to address the need for higher-value currency in the growing economy.

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.

30/08/2012: Introduction of N$10 Commemorative Banknote

Namibia introduced a commemorative banknote of N$10 to celebrate the centenary of the country's struggle for independence.

27/10/2008: Financial Crisis Impact

Due to the global financial crisis, the Namibian dollar experienced a depreciation against major currencies, affecting the country's economy.

01/01/2002: Replacement of Old Banknotes

Old banknotes of the Namibian dollar were demonetized, and new banknotes became the only valid currency.

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.

01/06/1999: Introduction of New Banknotes and Coins

New series of banknotes and coins were introduced in Namibia, featuring indigenous wildlife and cultural symbols.

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.

30/08/1993: Dollarization of Namibia

Namibia adopted the Namibian dollar as its sole legal tender, replacing the South African rand as the official currency.

21/03/1990: Independence of Namibia

Namibia gained independence from South Africa, leading to the introduction of the Namibian dollar as the official currency of the newly established country.

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.