Historic Qatari Rial Euro

Qatari Rial euro history for December 2023. The highest quote for this month is 0.25607 (08/12/2023) and the lowest 0.25519 (10/12/2023). The difference between high and low is 0.34.

QAR EUR average rate for December 2023 is 0.25188, the change between 01/12/2023 and 31/12/2023 is +1.58 %.

01 December 20231 QAR = 0.2523 EUR
03 December 20231 QAR = 0.2525 EUR
04 December 20231 QAR = 0.2524 EUR
05 December 20231 QAR = 0.2536 EUR
06 December 20231 QAR = 0.2546 EUR
07 December 20231 QAR = 0.2553 EUR
08 December 20231 QAR = 0.2546 EUR
10 December 20231 QAR = 0.2552 EUR
11 December 20231 QAR = 0.2552 EUR
12 December 20231 QAR = 0.2552 EUR
13 December 20231 QAR = 0.2544 EUR
14 December 20231 QAR = 0.2524 EUR
15 December 20231 QAR = 0.2499 EUR
17 December 20231 QAR = 0.2521 EUR
18 December 20231 QAR = 0.2522 EUR
19 December 20231 QAR = 0.2515 EUR
20 December 20231 QAR = 0.2502 EUR
21 December 20231 QAR = 0.2511 EUR
22 December 20231 QAR = 0.2497 EUR
24 December 20231 QAR = 0.2493 EUR
25 December 20231 QAR = 0.2492 EUR
26 December 20231 QAR = 0.2494 EUR
27 December 20231 QAR = 0.2489 EUR
28 December 20231 QAR = 0.2474 EUR
29 December 20231 QAR = 0.2483 EUR

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.

13/07/2015: Greek debt bailout agreement

A third bailout deal was reached between Greece and its creditors, avoiding a potential Greek exit from the Eurozone.

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.

02/05/2010: Greek debt crisis

Greece's financial crisis threatened the stability of the Eurozone, requiring massive bailout packages to prevent a default.

15/10/2008: Global financial crisis

The Euro faced significant economic challenges following the collapse of Lehman Brothers, leading to a recession in many Eurozone countries.

01/05/2004: Eurozone expansion

10 more countries joined the Eurozone, bringing the total number of participating countries to 24.

01/01/2002: Euro banknotes and coins

Physical banknotes and coins in Euro were introduced, replacing national currencies in 12 European countries.

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.

01/01/1999: Introduction of the Euro

The Euro was officially introduced as an electronic currency for banking and financial transactions.

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.

07/02/1992: The Maastricht Treaty

The treaty was signed, which officially established the European Union and laid the groundwork for the creation of the Euro.

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.