Qatari Rial new zealand dollar exchange rate history (QAR NZD) February 2024

Qatari Rial new zealand dollar history for February 2024. The highest quote for this month is 0.4549 (05/02/2024) and the lowest 0.45289 (03/02/2024). The difference between high and low is 0.44.

QAR NZD average rate for February 2024 is 0.44845, the change between 01/02/2024 and 29/02/2024 is -0.26 %.

01 February 2024	1 QAR = 0.4497 NZD
02 February 2024	1 QAR = 0.4472 NZD
03 February 2024	1 QAR = 0.4528 NZD
04 February 2024	1 QAR = 0.4526 NZD
05 February 2024	1 QAR = 0.4531 NZD
06 February 2024	1 QAR = 0.4539 NZD
07 February 2024	1 QAR = 0.4505 NZD
08 February 2024	1 QAR = 0.4499 NZD
09 February 2024	1 QAR = 0.4499 NZD
12 February 2024	1 QAR = 0.4471 NZD
13 February 2024	1 QAR = 0.4485 NZD
14 February 2024	1 QAR = 0.4537 NZD
15 February 2024	1 QAR = 0.4513 NZD
16 February 2024	1 QAR = 0.4497 NZD
17 February 2024	1 QAR = 0.4484 NZD
18 February 2024	1 QAR = 0.4482 NZD
19 February 2024	1 QAR = 0.4479 NZD
20 February 2024	1 QAR = 0.4474 NZD
21 February 2024	1 QAR = 0.4456 NZD
22 February 2024	1 QAR = 0.4447 NZD
23 February 2024	1 QAR = 0.4436 NZD
24 February 2024	1 QAR = 0.4433 NZD
25 February 2024	1 QAR = 0.4430 NZD
26 February 2024	1 QAR = 0.4442 NZD
27 February 2024	1 QAR = 0.4457 NZD
28 February 2024	1 QAR = 0.4455 NZD
29 February 2024	1 QAR = 0.4508 NZD

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.

20/03/2020: COVID-19 Pandemic Effects

The outbreak of the COVID-19 pandemic causes global economic turmoil, leading to volatility in the New Zealand dollar exchange rate and GDP contraction.

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.

10/10/2008: Global Financial Crisis Hits New Zealand

New Zealand experiences the impact of the global financial crisis, leading to a sharp depreciation of the New Zealand dollar and economic slowdown.

10/07/2005: Polymer Banknotes Introduced

New Zealand introduces polymer banknotes, replacing the traditional paper notes for increased durability and security.

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.

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.

05/10/1987: Black Monday Stock Market Crash

Global stock market crash leads to a significant devaluation of the New Zealand dollar and a deep recession in the country.

04/03/1985: Floating Exchange Rate Introduced

New Zealand dollar is allowed to float freely against other currencies, marking the end of fixed exchange rates.

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.

10/07/1961: Decimalization of Currency

New Zealand adopts the decimal currency system, replacing the pound with the New Zealand dollar. NZ$1 is equivalent to NZ£2.

19/10/1933: New Zealand Pound Pegged to the British Pound

New Zealand pound is pegged to the British pound at a rate of £1 to NZ£0.624275.

Historic Qatari Rial New Zealand Dollar