Historic Qatari Rial Argentine peso

Qatari Rial argentine peso history for March 2024. The highest quote for this month is 233.08 (11/03/2024) and the lowest 232.97 (12/03/2024). The difference between high and low is 0.05.

QAR ARS average rate for March 2024 is 232.211, the change between 01/03/2024 and 31/03/2024 is -0.62 %.

01 March 20241 QAR = 231.5 ARS
03 March 20241 QAR = 231.6 ARS
04 March 20241 QAR = 231.7 ARS
05 March 20241 QAR = 232.1 ARS
06 March 20241 QAR = 232.4 ARS
07 March 20241 QAR = 232.4 ARS
08 March 20241 QAR = 232.6 ARS
10 March 20241 QAR = 232.6 ARS
11 March 20241 QAR = 232.3 ARS
12 March 20241 QAR = 233.0 ARS

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.

14/09/2020: Introduction of Currency Controls

Argentina tightens currency controls to stabilize the peso and prevent capital flight, imposing restrictions on foreign currency purchases and transfers, marking a significant shift in monetary policy.

11/08/2019: Primary Elections and Peso Devaluation

Following the primary elections, uncertainty in the financial markets leads to a significant devaluation of the peso, causing economic turmoil and further exacerbating the country's financial difficulties.

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.

09/12/2015: Change in Government

Mauricio Macri assumes the presidency, bringing in economic reforms and liberalization policies, impacting the exchange rate and the value of the Argentine peso.

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.

02/12/2001: Economic Crisis and Devaluation

Argentina faces a severe economic crisis, resulting in the devaluation of the peso, leading to a sharp decline in its value and triggering social and political unrest.

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.

31/03/1991: Introduction of Convertibility Plan

The Convertibility Plan is implemented, fixing the exchange rate between the Argentine peso and the US dollar on a one-to-one basis, as an attempt to control inflation.

06/01/1985: Introduction of Austral as a new currency

The Argentine government replaces the peso with the Austral as the new currency, aiming to stabilize the economy and tackle hyperinflation.

29/01/1983: End of the military dictatorship

After seven years of military rule, democratic elections are held in Argentina, leading to the end of the military dictatorship and the beginning of a period of economic and political transition.

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.