Historic North Korean won Qatari Rial

North Korean won qatari rial history for December 2023. The highest quote for this month is 0.004044 (01/12/2023) and the lowest 0.004044 (01/12/2023). The difference between high and low is 0.

KPW QAR average rate for December 2023 is 0.00404, the change between 01/12/2023 and 31/12/2023 is 0 %.

01 December 20231 KPW = 0.0040 QAR
02 December 20231 KPW = 0.0040 QAR
03 December 20231 KPW = 0.0040 QAR
04 December 20231 KPW = 0.0040 QAR
05 December 20231 KPW = 0.0040 QAR
06 December 20231 KPW = 0.0040 QAR
07 December 20231 KPW = 0.0040 QAR
08 December 20231 KPW = 0.0040 QAR
10 December 20231 KPW = 0.0040 QAR
11 December 20231 KPW = 0.0040 QAR
12 December 20231 KPW = 0.0040 QAR
13 December 20231 KPW = 0.0040 QAR
14 December 20231 KPW = 0.0040 QAR
15 December 20231 KPW = 0.0040 QAR
16 December 20231 KPW = 0.0040 QAR
17 December 20231 KPW = 0.0040 QAR
18 December 20231 KPW = 0.0040 QAR
19 December 20231 KPW = 0.0040 QAR
20 December 20231 KPW = 0.0040 QAR
21 December 20231 KPW = 0.0040 QAR
22 December 20231 KPW = 0.0040 QAR
23 December 20231 KPW = 0.0040 QAR
24 December 20231 KPW = 0.0040 QAR
25 December 20231 KPW = 0.0040 QAR
26 December 20231 KPW = 0.0040 QAR
27 December 20231 KPW = 0.0040 QAR
28 December 20231 KPW = 0.0040 QAR
29 December 20231 KPW = 0.0040 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.

01/07/2013: Exchange rate unification

North Korea unifies the official exchange rate and market rate, resulting in a significant depreciation of the won.

30/11/2009: Currency revaluation

North Korean government announces a currency revaluation, replacing the old won notes at a ratio of 1 for 100.

01/12/2001: Currency redenomination

North Korean won is redenominated, with the previous notes and coins being replaced by new ones at a ratio of 1 for 1,000.

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.

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.

25/02/1992: Introducing foreign exchange certificates

North Korea introduces foreign exchange certificates to counter hyperinflation and stabilize its economy.

06/12/1979: Second major revaluation

North Korean won undergoes its second major revaluation, with the exchange rate being set at 1 for 10.

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.

31/12/1959: First major revaluation

North Korean won undergoes its first major revaluation, with the exchange rate being set at 1 for 100.

06/12/1947: Introduction of North Korean won

North Korean won is introduced as the official currency of North Korea, replacing the Korean yen at par value.