Historic Qatari Rial Swiss franc

Qatari Rial swiss franc history for December 2023. The highest quote for this month is 0.24219 (11/12/2023) and the lowest 0.24159 (10/12/2023). The difference between high and low is 0.25.

QAR CHF average rate for December 2023 is 0.23785, the change between 01/12/2023 and 31/12/2023 is +3.57 %.

01 December 20231 QAR = 0.2404 CHF
02 December 20231 QAR = 0.2387 CHF
03 December 20231 QAR = 0.2387 CHF
04 December 20231 QAR = 0.2385 CHF
05 December 20231 QAR = 0.2398 CHF
06 December 20231 QAR = 0.2404 CHF
07 December 20231 QAR = 0.2404 CHF
08 December 20231 QAR = 0.2406 CHF
10 December 20231 QAR = 0.2418 CHF
11 December 20231 QAR = 0.2417 CHF
12 December 20231 QAR = 0.2413 CHF
13 December 20231 QAR = 0.2405 CHF
14 December 20231 QAR = 0.2393 CHF
15 December 20231 QAR = 0.2383 CHF
18 December 20231 QAR = 0.2392 CHF
19 December 20231 QAR = 0.2383 CHF
20 December 20231 QAR = 0.2364 CHF
21 December 20231 QAR = 0.2370 CHF
22 December 20231 QAR = 0.2353 CHF
23 December 20231 QAR = 0.2348 CHF
24 December 20231 QAR = 0.2351 CHF
25 December 20231 QAR = 0.2350 CHF
26 December 20231 QAR = 0.2352 CHF
27 December 20231 QAR = 0.2346 CHF
28 December 20231 QAR = 0.2315 CHF
29 December 20231 QAR = 0.2318 CHF

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.

15/01/2015: Removal of Minimum Exchange Rate

The Swiss National Bank unexpectedly abandoned the minimum exchange rate, causing the Swiss franc (CHF) to surge in value.

06/09/2011: Implementation of Minimum Exchange Rate

The Swiss National Bank imposed a minimum exchange rate pegging the Swiss franc (CHF) to the Euro to prevent excessive appreciation.

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.

13/09/1999: Introduction of Euro

Switzerland decided not to join the Eurozone and maintain the Swiss franc (CHF) as its official 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.

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.

08/05/1973: Floatation of Swiss Franc

Switzerland abandoned the fixed exchange rate system, allowing the Swiss franc (CHF) to float freely against other currencies.

01/05/1936: Introduction of Swiss National Bank

The Swiss National Bank was established as the central bank responsible for issuing and managing the Swiss franc (CHF).

24/11/1907: Gold Standard Referendum

Switzerland voted to adopt the gold standard, making the Swiss franc (CHF) fully convertible into gold.

06/06/1850: Currency Act of 1850

The Swiss franc (CHF) was introduced as the official currency of Switzerland.