Historic Qatari Rial Colombian Peso

Qatari Rial colombian peso history for August 2023. The highest quote for this month is 1140.76 (04/08/2023) and the lowest 1130.96 (04/08/2023). The difference between high and low is 0.86.

QAR COP average rate for August 2023 is 1116.71577, the change between 01/08/2023 and 31/08/2023 is -4.87 %.

01 August 20231 QAR = 1073.38 COP
02 August 20231 QAR = 1090.62 COP
03 August 20231 QAR = 1110.62 COP
04 August 20231 QAR = 1130.96 COP
07 August 20231 QAR = 1123.60 COP
08 August 20231 QAR = 1106.65 COP
09 August 20231 QAR = 1112.80 COP
10 August 20231 QAR = 1113.42 COP
11 August 20231 QAR = 1095.64 COP
12 August 20231 QAR = 1091.34 COP
14 August 20231 QAR = 1089.07 COP
15 August 20231 QAR = 1109.71 COP
16 August 20231 QAR = 1125.07 COP
17 August 20231 QAR = 1132.87 COP
18 August 20231 QAR = 1125.43 COP
19 August 20231 QAR = 1130.90 COP
20 August 20231 QAR = 1130.90 COP
21 August 20231 QAR = 1131.17 COP
22 August 20231 QAR = 1116.05 COP
23 August 20231 QAR = 1129.77 COP
24 August 20231 QAR = 1124.39 COP
25 August 20231 QAR = 1121.10 COP
28 August 20231 QAR = 1132.12 COP
29 August 20231 QAR = 1132.55 COP
30 August 20231 QAR = 1128.84 COP
31 August 20231 QAR = 1125.64 COP

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.

02/12/2016: Peace Agreement Impact

After the signing of the peace agreement with FARC, the Colombian Peso strengthened and saw improvements in the 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.

24/07/2001: Exchange rate flexibility

Colombia allowed the Colombian Peso to have a flexible exchange rate, transitioning from a fixed exchange rate system.

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.

21/10/1999: Colombia's Financial Crisis

Colombia faced a financial crisis resulting in a devaluation of the Peso and an economic recession.

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.

04/07/1991: Introduction of a New Peso

A new Peso was introduced with a higher value, replacing the old Peso due to high inflation.

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.

12/06/1953: Creation of Banco de la República

The central bank of Colombia, Banco de la República, was established to regulate and control the Colombian Peso.

31/07/1886: Adoption of the Gold Standard

Colombia adopted the gold standard, linking the value of the Peso to gold, stabilizing the currency.

27/05/1837: Introduction of the Peso

The Colombian Peso was introduced as the official currency of Colombia, replacing the Spanish real.