Historic Qatari Rial Moroccan dirham

Qatari Rial moroccan dirham history for January 2024. The highest quote for this month is 2.7539 (30/01/2024) and the lowest 2.7337 (28/01/2024). The difference between high and low is 0.73.

QAR MAD average rate for January 2024 is 2.70636, the change between 01/01/2024 and 31/01/2024 is -4.09 %.

01 January 20241 QAR = 2.641 MAD
02 January 20241 QAR = 2.643 MAD
03 January 20241 QAR = 2.728 MAD
04 January 20241 QAR = 2.728 MAD
05 January 20241 QAR = 2.720 MAD
06 January 20241 QAR = 2.732 MAD
07 January 20241 QAR = 2.725 MAD
08 January 20241 QAR = 2.641 MAD
09 January 20241 QAR = 2.728 MAD
10 January 20241 QAR = 2.650 MAD
11 January 20241 QAR = 2.733 MAD
12 January 20241 QAR = 2.733 MAD
14 January 20241 QAR = 2.732 MAD
15 January 20241 QAR = 2.648 MAD
16 January 20241 QAR = 2.648 MAD
17 January 20241 QAR = 2.660 MAD
18 January 20241 QAR = 2.744 MAD
19 January 20241 QAR = 2.744 MAD
22 January 20241 QAR = 2.646 MAD
23 January 20241 QAR = 2.732 MAD
24 January 20241 QAR = 2.743 MAD
25 January 20241 QAR = 2.735 MAD
26 January 20241 QAR = 2.743 MAD
28 January 20241 QAR = 2.740 MAD
29 January 20241 QAR = 2.653 MAD
30 January 20241 QAR = 2.754 MAD
31 January 20241 QAR = 2.749 MAD

15/09/2021: Digitization of the Moroccan dirham

Morocco announced plans to digitize the dirham, introducing a central bank digital currency (CBDC) for financial transactions in the country.

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.

02/06/2014: Introduction of the fourth dirham

Another series of Moroccan dirham banknotes was issued, featuring new designs and enhanced security features.

02/07/2005: Dirham's exchange rate floatation

Morocco moved to a floating exchange rate regime, allowing the dirham to fluctuate based on market forces.

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.

01/05/1999: Introduction of the third dirham

A new series of Moroccan dirham banknotes was introduced with enhanced security features.

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.

12/12/1980: Introduction of the second dirham

A new series of Moroccan dirham banknotes was issued to replace the first series.

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.

17/10/1974: Adoption of the dirham as the currency

The Moroccan franc was replaced by the Moroccan dirham (MAD) as the official currency.

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.

26/11/1960: Introduction of the Moroccan franc (FRF)

The Moroccan franc was introduced as the official currency of Morocco.
QAR MAD January 2024
QAR MAD February 2024
QAR MAD March 2024
QAR MAD April 2024
QAR MAD May 2024
QAR MAD June 2024
QAR MAD July 2024
QAR MAD August 2024
QAR MAD September 2024
QAR MAD October 2024
QAR MAD November 2024
QAR MAD December 2024
QAR MAD January 2025