Historic Qatari Rial Colombian Peso

Qatari Rial colombian peso history for December 2023. The highest quote for this month is 1107.45 (05/12/2023) and the lowest 1103.17 (05/12/2023). The difference between high and low is 0.39.

QAR COP average rate for December 2023 is 1085.24321, the change between 01/12/2023 and 31/12/2023 is +3.35 %.

01 December 20231 QAR = 1103.21 COP
02 December 20231 QAR = 1088.59 COP
03 December 20231 QAR = 1088.59 COP
04 December 20231 QAR = 1091.82 COP
05 December 20231 QAR = 1104.36 COP
06 December 20231 QAR = 1102.09 COP
07 December 20231 QAR = 1099.38 COP
08 December 20231 QAR = 1098.58 COP
10 December 20231 QAR = 1094.00 COP
11 December 20231 QAR = 1084.81 COP
12 December 20231 QAR = 1089.78 COP
13 December 20231 QAR = 1095.52 COP
14 December 20231 QAR = 1090.48 COP
15 December 20231 QAR = 1089.30 COP
16 December 20231 QAR = 1083.09 COP
17 December 20231 QAR = 1083.09 COP
18 December 20231 QAR = 1084.24 COP
19 December 20231 QAR = 1080.57 COP
20 December 20231 QAR = 1082.91 COP
21 December 20231 QAR = 1082.83 COP
22 December 20231 QAR = 1084.17 COP
23 December 20231 QAR = 1073.37 COP
24 December 20231 QAR = 1073.37 COP
25 December 20231 QAR = 1073.03 COP
26 December 20231 QAR = 1085.76 COP
27 December 20231 QAR = 1060.18 COP
28 December 20231 QAR = 1053.39 COP
29 December 20231 QAR = 1066.30 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.