Historic Qatari Rial Euro

Qatari Rial euro history for January 2024. The highest quote for this month is 0.25451 (29/01/2024) and the lowest 0.25331 (29/01/2024). The difference between high and low is 0.47.

QAR EUR average rate for January 2024 is 0.2517, the change between 01/01/2024 and 31/01/2024 is -1.96 %.

01 January 20241 QAR = 0.2486 EUR
02 January 20241 QAR = 0.2489 EUR
03 January 20241 QAR = 0.2512 EUR
04 January 20241 QAR = 0.2515 EUR
05 January 20241 QAR = 0.2511 EUR
07 January 20241 QAR = 0.2510 EUR
08 January 20241 QAR = 0.2511 EUR
09 January 20241 QAR = 0.2509 EUR
10 January 20241 QAR = 0.2514 EUR
11 January 20241 QAR = 0.2504 EUR
12 January 20241 QAR = 0.2502 EUR
14 January 20241 QAR = 0.2508 EUR
15 January 20241 QAR = 0.2511 EUR
16 January 20241 QAR = 0.2511 EUR
17 January 20241 QAR = 0.2526 EUR
18 January 20241 QAR = 0.2524 EUR
19 January 20241 QAR = 0.2526 EUR
22 January 20241 QAR = 0.2523 EUR
23 January 20241 QAR = 0.2526 EUR
24 January 20241 QAR = 0.2531 EUR
25 January 20241 QAR = 0.2525 EUR
26 January 20241 QAR = 0.2534 EUR
28 January 20241 QAR = 0.2531 EUR
29 January 20241 QAR = 0.2535 EUR
30 January 20241 QAR = 0.2537 EUR
31 January 20241 QAR = 0.2535 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.
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