Historic Ugandan Shilling Qatari Rial

Ugandan Shilling qatari rial history for January 2024. The highest quote for this month is 0.000971 (02/01/2024) and the lowest 0.000973 (08/01/2024). The difference between high and low is -0.21.

UGX QAR average rate for January 2024 is 0.00097, the change between 01/01/2024 and 31/01/2024 is +0.72 %.

01 January 20241 UGX = 0.0010 QAR
02 January 20241 UGX = 0.0010 QAR
03 January 20241 UGX = 0.0010 QAR
04 January 20241 UGX = 0.0010 QAR
05 January 20241 UGX = 0.0010 QAR
06 January 20241 UGX = 0.0010 QAR
07 January 20241 UGX = 0.0010 QAR
08 January 20241 UGX = 0.0010 QAR
09 January 20241 UGX = 0.0010 QAR
10 January 20241 UGX = 0.0010 QAR
11 January 20241 UGX = 0.0010 QAR
12 January 20241 UGX = 0.0010 QAR
14 January 20241 UGX = 0.0010 QAR
15 January 20241 UGX = 0.0010 QAR
16 January 20241 UGX = 0.0010 QAR
17 January 20241 UGX = 0.0010 QAR
18 January 20241 UGX = 0.0010 QAR
19 January 20241 UGX = 0.0010 QAR
22 January 20241 UGX = 0.0010 QAR
23 January 20241 UGX = 0.0010 QAR
24 January 20241 UGX = 0.0010 QAR
25 January 20241 UGX = 0.0010 QAR
26 January 20241 UGX = 0.0010 QAR
28 January 20241 UGX = 0.0010 QAR
29 January 20241 UGX = 0.0010 QAR
30 January 20241 UGX = 0.0010 QAR
31 January 20241 UGX = 0.0010 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.

03/06/2020: COVID-19 Impact on the Shilling

The Ugandan Shilling experienced a significant decline 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.

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.

01/09/2013: Withdrawal of Old Currency Series

The old series of Ugandan Shilling notes were phased out and replaced with the new currency series.

01/07/2010: Issue of New Currency Series

Uganda issued a new series of currency notes with enhanced security features to reduce counterfeiting.

02/05/2003: Introduction of Coins

Uganda introduced coins denominated in Shillings to replace lower-value notes and facilitate transactions.

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.

15/05/1987: Introduction of the 500 Shilling Note

A new 500 Shilling note was introduced to combat the rapid inflation and devaluation of the currency.

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.

05/08/1972: Idi Amin's Currency Change

President Idi Amin ordered the demonetization of old Ugandan Shilling notes and replaced them with new ones, causing an economic crisis.

15/06/1966: Introduction of the Ugandan Shilling

The Ugandan Shilling was introduced as the official currency of Uganda following its independence from British colonial rule.