Swiss franc qatari rial exchange rate history (CHF QAR) December 2023

Swiss franc qatari rial history for December 2023. The highest quote for this month is 4.3187 (28/12/2023) and the lowest 4.3679 (28/12/2023). The difference between high and low is -1.14.

CHF QAR average rate for December 2023 is 4.20495, the change between 01/12/2023 and 31/12/2023 is -3.7 %.

01 December 2023	1 CHF = 4.161 QAR
02 December 2023	1 CHF = 4.190 QAR
03 December 2023	1 CHF = 4.190 QAR
04 December 2023	1 CHF = 4.193 QAR
05 December 2023	1 CHF = 4.171 QAR
06 December 2023	1 CHF = 4.159 QAR
07 December 2023	1 CHF = 4.160 QAR
08 December 2023	1 CHF = 4.157 QAR
10 December 2023	1 CHF = 4.136 QAR
11 December 2023	1 CHF = 4.138 QAR
12 December 2023	1 CHF = 4.145 QAR
13 December 2023	1 CHF = 4.159 QAR
14 December 2023	1 CHF = 4.178 QAR
15 December 2023	1 CHF = 4.197 QAR
18 December 2023	1 CHF = 4.180 QAR
19 December 2023	1 CHF = 4.197 QAR
20 December 2023	1 CHF = 4.231 QAR
21 December 2023	1 CHF = 4.219 QAR
22 December 2023	1 CHF = 4.249 QAR
23 December 2023	1 CHF = 4.259 QAR
24 December 2023	1 CHF = 4.255 QAR
25 December 2023	1 CHF = 4.256 QAR
26 December 2023	1 CHF = 4.253 QAR
27 December 2023	1 CHF = 4.263 QAR
28 December 2023	1 CHF = 4.320 QAR
29 December 2023	1 CHF = 4.314 QAR

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.

Historic Swiss franc Qatari Rial