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.
06/05/2015: Pegged to the euro
The Bulgarian Lev officially became a currency pegged to the euro, maintaining a fixed exchange rate, on May 6, 2015.
01/01/2002: Replacement of notes and coins
New series of notes and coins for the Bulgarian Lev were introduced, replacing the previous designs on January 1, 2002.
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.
01/07/1999: Currency board arrangement
Bulgaria implemented a currency board arrangement, fixing the Bulgarian Lev to the euro at a rate of 1.95583 on July 1, 1999.
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.
27/03/1976: 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.
15/09/1962: Introduction of the New Lev
The New Lev was introduced as a new currency in Bulgaria, replacing the Lev A, on September 15, 1962.
01/12/1952: Lev replaced by Lev A
The Bulgarian Lev was replaced by a new currency named Lev A on December 1, 1952 as a result of currency reform.
14/10/1923: Hyperinflation
Bulgaria experienced severe hyperinflation, causing the value of the Lev currency to plummet during the period from 1923 to 1924.
01/04/1881: Introduction of the Lev
The Bulgarian Lev currency was introduced as the official currency of Bulgaria on April 1, 1881.