ريال قطري: أسعار و تحليل

Author

Reads 1.1K

The national flag of Qatar
Credit: pexels.com, The national flag of Qatar

يعد ريال قطري من العملات الأكثر استخدامًا في قطر، حيث يُستخدم في جميع المعاملات المالية والاقتصادية.

يمكن تداول ريال قطري في سوق العملات الأجنبية، مما يجعل من الممكن شراء أو بيع العملة في أي وقت.

أسعار ريال قطري تختلف بشكل كبير من يوم إلى آخر، اعتمادًا على أسعار الصرف العالمية.

في بعض الأحيان، يمكن أن تصل أسعار ريال قطري إلى أربعة أضعاف قيمتها في بعض الأحيان.

History of Qatar Riyal

Qatar used the Indian rupee as its currency until 1966, when it introduced its own currency after India devalued the rupee.

Before adopting its own currency, Qatar briefly used the Saudi riyal, which was worth 1.065 Gulf rupees.

The Qatar and Dubai riyal was introduced on March 21, 1966, and was initially pegged to sterling at one shilling and six pence per riyal.

In 1967, sterling was devalued, and the riyal's value was changed to one shilling and nine pence per riyal.

The Qatar and Dubai riyal was equal to the Gulf rupee prior to its devaluation.

Credit: youtube.com, The History of the Qatari Banknote

Qatar began issuing the Qatari riyal separate from Dubai on May 19, 1973.

The old notes continued to circulate in parallel for 90 days before being withdrawn.

In the second half of the 1970s, the Qatar Monetary Authority revalued the riyal against the US dollar multiple times to maintain its stability against major trading partners' currencies.

The riyal was revalued 12 times between March 1976 and June 1980, resulting in a total increase of 8.5% against the dollar.

This helped partially offset the decline in the dollar's value against units of special drawing rights during the same period.

From July 1980 onwards, the dollar began rising against other currencies, and the Qatar Monetary Authority chose to keep the riyal's value against the dollar at 3.64 riyals per dollar without change.

2017 Qatar Diplomatic Crisis

In 2017, Qatar faced a diplomatic crisis that had significant effects on its currency. Banks in countries blockading Qatar had to stop trading with Qatari banks, leading to a fall in liquidity offshore.

Credit: youtube.com, 🇶🇦 Focus remains on mediation to end Qatar's diplomatic crisis

This crisis caused a sharp increase in the value of the Qatari riyal, with up to QR 3.81 being required to buy 1 US dollar in late June 2017.

The crisis also led to a cessation of trading of Qatari banknotes outside of Qatar with certain banks in certain countries, such as the UK.

However, the Central Bank of Qatar continued to buy and sell US dollars at the fixed rate within Qatar itself.

The crisis lasted until December 2017, when the situation began to stabilize.

Colleen Boyer

Lead Assigning Editor

Colleen Boyer is a seasoned Assigning Editor with a keen eye for compelling storytelling. With a background in journalism and a passion for complex ideas, she has built a reputation for overseeing high-quality content across a range of subjects. Her expertise spans the realm of finance, with a particular focus on Investment Theory.

Love What You Read? Stay Updated!

Join our community for insights, tips, and more.