Historic Qatari Rial Colombian Peso

Qatari Rial colombian peso history for February 2024. The highest quote for this month is 1090.57 (26/02/2024) and the lowest 1089.1 (24/02/2024). The difference between high and low is 0.13.

QAR COP average rate for February 2024 is 1077.78704, the change between 01/02/2024 and 29/02/2024 is -0.22 %.

01 February 20241 QAR = 1076.07 COP
02 February 20241 QAR = 1067.61 COP
03 February 20241 QAR = 1081.89 COP
04 February 20241 QAR = 1081.89 COP
05 February 20241 QAR = 1065.26 COP
06 February 20241 QAR = 1088.78 COP
07 February 20241 QAR = 1085.49 COP
08 February 20241 QAR = 1086.56 COP
09 February 20241 QAR = 1084.09 COP
12 February 20241 QAR = 1069.81 COP
13 February 20241 QAR = 1075.15 COP
14 February 20241 QAR = 1078.28 COP
15 February 20241 QAR = 1075.65 COP
16 February 20241 QAR = 1073.90 COP
17 February 20241 QAR = 1073.20 COP
18 February 20241 QAR = 1073.20 COP
19 February 20241 QAR = 1061.74 COP
20 February 20241 QAR = 1076.22 COP
21 February 20241 QAR = 1076.51 COP
22 February 20241 QAR = 1078.32 COP
23 February 20241 QAR = 1079.26 COP
24 February 20241 QAR = 1089.10 COP
25 February 20241 QAR = 1089.10 COP
26 February 20241 QAR = 1066.10 COP
27 February 20241 QAR = 1088.43 COP
28 February 20241 QAR = 1080.25 COP
29 February 20241 QAR = 1078.39 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.
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