Historic Qatari Rial United States dollar

Qatari Rial united states dollar history for February 2024. The highest quote for this month is 0.27488 (15/02/2024) and the lowest 0.27488 (13/02/2024). The difference between high and low is 0.

QAR USD average rate for February 2024 is 0.27481, the change between 01/02/2024 and 29/02/2024 is -0.01 %.

01 February 20241 QAR = 0.2748 USD
02 February 20241 QAR = 0.2748 USD
03 February 20241 QAR = 0.2747 USD
04 February 20241 QAR = 0.2747 USD
05 February 20241 QAR = 0.2748 USD
06 February 20241 QAR = 0.2748 USD
07 February 20241 QAR = 0.2748 USD
08 February 20241 QAR = 0.2748 USD
09 February 20241 QAR = 0.2748 USD
12 February 20241 QAR = 0.2748 USD
13 February 20241 QAR = 0.2748 USD
14 February 20241 QAR = 0.2748 USD
15 February 20241 QAR = 0.2749 USD
16 February 20241 QAR = 0.2748 USD
17 February 20241 QAR = 0.2747 USD
18 February 20241 QAR = 0.2747 USD
19 February 20241 QAR = 0.2748 USD
20 February 20241 QAR = 0.2748 USD
21 February 20241 QAR = 0.2748 USD
22 February 20241 QAR = 0.2748 USD
23 February 20241 QAR = 0.2748 USD
24 February 20241 QAR = 0.2747 USD
25 February 20241 QAR = 0.2747 USD
26 February 20241 QAR = 0.2748 USD
27 February 20241 QAR = 0.2749 USD
28 February 20241 QAR = 0.2749 USD
29 February 20241 QAR = 0.2749 USD

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.

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.

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.