Historic Cayman Islands dollar Iraqi dinar

Cayman Islands dollar iraqi dinar history for February 2024. The highest quote for this month is 1606.21 (15/02/2024) and the lowest 1596.34 (04/02/2024). The difference between high and low is 0.61.

KYD IQD average rate for February 2024 is 1595.11, the change between 01/02/2024 and 29/02/2024 is +2.14 %.

01 February 20241 KYD = 1607.93 IQD
02 February 20241 KYD = 1605.75 IQD
03 February 20241 KYD = 1596.34 IQD
04 February 20241 KYD = 1596.34 IQD
05 February 20241 KYD = 1573.62 IQD
06 February 20241 KYD = 1573.55 IQD
07 February 20241 KYD = 1604.37 IQD
08 February 20241 KYD = 1603.87 IQD
09 February 20241 KYD = 1604.48 IQD
12 February 20241 KYD = 1573.72 IQD
13 February 20241 KYD = 1605.52 IQD
14 February 20241 KYD = 1605.25 IQD
15 February 20241 KYD = 1605.60 IQD
16 February 20241 KYD = 1606.21 IQD
17 February 20241 KYD = 1596.34 IQD
18 February 20241 KYD = 1596.34 IQD
19 February 20241 KYD = 1573.56 IQD
20 February 20241 KYD = 1573.62 IQD
21 February 20241 KYD = 1605.08 IQD
22 February 20241 KYD = 1605.40 IQD
23 February 20241 KYD = 1604.47 IQD
24 February 20241 KYD = 1596.34 IQD
25 February 20241 KYD = 1596.34 IQD
26 February 20241 KYD = 1573.50 IQD
27 February 20241 KYD = 1605.28 IQD
28 February 20241 KYD = 1605.56 IQD
29 February 20241 KYD = 1573.59 IQD

15/10/2018: Government Formation

The formation of a new Iraqi government after parliamentary elections brought hopes of stability and potential economic growth, positively impacting the Iraqi dinar.

10/06/2014: ISIS captures Mosul

The capture of Mosul by ISIS led to a further devaluation of the Iraqi dinar and economic instability in the region.

01/01/2010: Removal of 1 cent coin from circulation

Due to its low purchasing power and production costs, the 1 cent coin was withdrawn from circulation in the Cayman Islands.

01/11/2007: Transition from Crown Dependencies to Overseas Countries and Territories

The Cayman Islands, including its currency, transitioned from being labeled as a Crown Dependency to an Overseas Country and Territory.

15/10/2004: Introduction of New Iraqi Dinar

A new series of banknotes with enhanced security features was introduced to replace the previous Iraqi dinar notes.

20/03/2003: US-led Invasion of Iraq

The US-led invasion led to the collapse of the Iraqi government, causing instability and a sharp decline in the value of the Iraqi dinar.

01/01/2001: Issuance of New Banknotes and Coins

New banknotes and coins with enhanced security features were introduced to combat counterfeiting.

01/01/1999: Introduction of Cayman Islands Currency Law

The Cayman Islands Currency Law was enacted to provide a legal framework for the issuance and regulation of the currency.

01/07/1997: Pegging of the Cayman Islands Dollar to the US Dollar

The Cayman Islands dollar was pegged to the US dollar at a fixed exchange rate of KYD 1.00 = USD 1.20.

02/08/1990: Iraq invades Kuwait

Iraq's invasion of Kuwait resulted in international economic sanctions and further devaluation of the Iraqi dinar.

22/09/1980: Iran-Iraq War Begins

The Iran-Iraq war started, leading to significant economic challenges and inflation which impacted the Iraqi dinar.

07/11/1974: Creation of the Cayman Islands Monetary Authority

The Cayman Islands Monetary Authority was established as the central bank responsible for regulating the currency and financial institutions.

01/01/1972: Introduction of Cayman Islands Dollar

The Cayman Islands dollar was first introduced as the official currency, replacing the Jamaican dollar.

03/10/1932: Independence of Iraq

The Iraqi dinar was introduced as the official currency of Iraq following its independence from British occupation.
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