Historic Qatari Rial Colombian Peso

Qatari Rial colombian peso history for October 2023. The highest quote for this month is 1217.55 (06/10/2023) and the lowest 1184.32 (09/10/2023). The difference between high and low is 2.73.

QAR COP average rate for October 2023 is 1157.02741, the change between 01/10/2023 and 31/10/2023 is +0.35 %.

01 October 20231 QAR = 1119.49 COP
02 October 20231 QAR = 1120.07 COP
03 October 20231 QAR = 1143.08 COP
04 October 20231 QAR = 1158.49 COP
05 October 20231 QAR = 1177.75 COP
06 October 20231 QAR = 1194.79 COP
07 October 20231 QAR = 1187.90 COP
09 October 20231 QAR = 1188.44 COP
10 October 20231 QAR = 1185.83 COP
11 October 20231 QAR = 1162.14 COP
12 October 20231 QAR = 1158.16 COP
13 October 20231 QAR = 1172.18 COP
16 October 20231 QAR = 1163.85 COP
17 October 20231 QAR = 1164.95 COP
18 October 20231 QAR = 1153.26 COP
19 October 20231 QAR = 1167.58 COP
20 October 20231 QAR = 1170.19 COP
21 October 20231 QAR = 1161.39 COP
22 October 20231 QAR = 1161.39 COP
23 October 20231 QAR = 1163.42 COP
24 October 20231 QAR = 1157.25 COP
25 October 20231 QAR = 1157.79 COP
26 October 20231 QAR = 1149.95 COP
27 October 20231 QAR = 1136.69 COP
29 October 20231 QAR = 1126.50 COP
30 October 20231 QAR = 1121.67 COP
31 October 20231 QAR = 1115.54 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.