Qatari Rial singapore dollar exchange rate history (QAR SGD) December 2023

Qatari Rial singapore dollar history for December 2023. The highest quote for this month is 0.36959 (11/12/2023) and the lowest 0.36832 (13/12/2023). The difference between high and low is 0.34.

QAR SGD average rate for December 2023 is 0.36599, the change between 01/12/2023 and 31/12/2023 is +1.27 %.

01 December 2023	1 QAR = 0.3674 SGD
02 December 2023	1 QAR = 0.3663 SGD
03 December 2023	1 QAR = 0.3664 SGD
04 December 2023	1 QAR = 0.3662 SGD
05 December 2023	1 QAR = 0.3676 SGD
06 December 2023	1 QAR = 0.3683 SGD
07 December 2023	1 QAR = 0.3687 SGD
08 December 2023	1 QAR = 0.3681 SGD
10 December 2023	1 QAR = 0.3682 SGD
11 December 2023	1 QAR = 0.3685 SGD
12 December 2023	1 QAR = 0.3692 SGD
13 December 2023	1 QAR = 0.3685 SGD
14 December 2023	1 QAR = 0.3663 SGD
15 December 2023	1 QAR = 0.3650 SGD
16 December 2023	1 QAR = 0.3659 SGD
17 December 2023	1 QAR = 0.3659 SGD
18 December 2023	1 QAR = 0.3663 SGD
19 December 2023	1 QAR = 0.3660 SGD
20 December 2023	1 QAR = 0.3650 SGD
21 December 2023	1 QAR = 0.3660 SGD
22 December 2023	1 QAR = 0.3646 SGD
23 December 2023	1 QAR = 0.3636 SGD
24 December 2023	1 QAR = 0.3636 SGD
25 December 2023	1 QAR = 0.3633 SGD
26 December 2023	1 QAR = 0.3640 SGD
27 December 2023	1 QAR = 0.3635 SGD
28 December 2023	1 QAR = 0.3627 SGD
29 December 2023	1 QAR = 0.3627 SGD

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.

30/03/2020: SGD in COVID-19 Pandemic

The SGD faces volatility and fluctuations in value due to the economic impact of the COVID-19 pandemic.

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.

13/10/2016: Celebrating 50 Years of Currency

Singapore commemorates 50 years of Singapore currency, showcasing the success and stability of the SGD.

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.

21/07/2003: Currency Interchangeability Agreement with Brunei

The SGD and Brunei dollar become interchangeable at par value, enhancing economic cooperation between the two 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.

02/01/2001: Floatation of SGD

Singapore allows the SGD to float freely against other currencies, abandoning the exchange rate peg and adopting a managed float system.

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.

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.

01/03/1973: Pegging to a Basket of Currencies

The SGD is pegged to a basket of currencies, leading to increased stability and reduced reliance on a single currency.

12/06/1967: Monetary Agreement with Malaysia

Singapore withdrew from the Malaysian dollar and issued its own currency.

12/06/1965: Independence of Singapore

The Singapore dollar (SGD) is introduced as the official currency upon Singapore's separation from Malaysia.

Historic Qatari Rial Singapore dollar