Historic Qatari Rial Israeli Sheqel

Qatari Rial israeli sheqel history for February 2024. The highest quote for this month is 1.0169 (12/02/2024) and the lowest 1.0078 (21/02/2024). The difference between high and low is 0.89.

QAR ILS average rate for February 2024 is 1.00089, the change between 01/02/2024 and 29/02/2024 is +1.24 %.

01 February 20241 QAR = 0.9998 ILS
02 February 20241 QAR = 1.006 ILS
03 February 20241 QAR = 1.004 ILS
04 February 20241 QAR = 1.004 ILS
05 February 20241 QAR = 1.004 ILS
06 February 20241 QAR = 1.008 ILS
07 February 20241 QAR = 1.002 ILS
08 February 20241 QAR = 1.004 ILS
09 February 20241 QAR = 1.015 ILS
12 February 20241 QAR = 1.008 ILS
13 February 20241 QAR = 1.006 ILS
14 February 20241 QAR = 1.009 ILS
15 February 20241 QAR = 1.004 ILS
16 February 20241 QAR = 0.9954 ILS
17 February 20241 QAR = 0.9896 ILS
18 February 20241 QAR = 0.9901 ILS
19 February 20241 QAR = 0.9905 ILS
20 February 20241 QAR = 0.9984 ILS
21 February 20241 QAR = 1.009 ILS
22 February 20241 QAR = 1.011 ILS
23 February 20241 QAR = 0.9993 ILS
24 February 20241 QAR = 0.9947 ILS
25 February 20241 QAR = 0.9971 ILS
26 February 20241 QAR = 0.9976 ILS
27 February 20241 QAR = 1.000 ILS
28 February 20241 QAR = 0.9916 ILS
29 February 20241 QAR = 0.9874 ILS

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.

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.

29/12/2014: 1 US Dollar = 3.891 Israeli Sheqel

The Israeli Sheqel (ILS) reaches a historical low against the US Dollar in the foreign exchange market.

04/05/2008: Introduction of New Banknotes

New Israeli Sheqel (ILS) banknotes with enhanced security features were issued.

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.

01/09/1999: Introduction of Sheqel Coins

Israeli Sheqel (ILS) coins were introduced, replacing the agora as the subunit of the currency.

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.

24/02/1985: Hyperinflation Crisis

Israel experiences hyperinflation, leading to the introduction of the new Israeli Sheqel (ILS).

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.

16/03/1960: Introduction of the New Sheqel

The old Israeli pound (ILP) was replaced by the new Israeli Sheqel (ILS) as the official currency.

24/02/1949: Introduction of the Israel Pound

The Israeli pound (ILP) was introduced as legal tender in Israel.

24/09/1948: Israeli Declaration of Independence

The Israeli pound (ILP) was introduced as the official currency of Israel.