Historic Cayman Islands dollar Iraqi dinar

Cayman Islands dollar iraqi dinar history for January 2024. The highest quote for this month is 1605.65 (08/01/2024) and the lowest 1596.34 (07/01/2024). The difference between high and low is 0.58.

KYD IQD average rate for January 2024 is 1592.14926, the change between 01/01/2024 and 31/01/2024 is -2.1 %.

01 January 20241 KYD = 1572.25 IQD
02 January 20241 KYD = 1572.25 IQD
03 January 20241 KYD = 1604.17 IQD
04 January 20241 KYD = 1606.28 IQD
05 January 20241 KYD = 1604.83 IQD
06 January 20241 KYD = 1596.34 IQD
07 January 20241 KYD = 1596.34 IQD
08 January 20241 KYD = 1573.69 IQD
09 January 20241 KYD = 1605.65 IQD
10 January 20241 KYD = 1573.45 IQD
11 January 20241 KYD = 1604.84 IQD
12 January 20241 KYD = 1573.56 IQD
14 January 20241 KYD = 1596.34 IQD
15 January 20241 KYD = 1573.67 IQD
16 January 20241 KYD = 1573.86 IQD
17 January 20241 KYD = 1573.62 IQD
18 January 20241 KYD = 1606.23 IQD
19 January 20241 KYD = 1604.87 IQD
22 January 20241 KYD = 1573.65 IQD
23 January 20241 KYD = 1605.47 IQD
24 January 20241 KYD = 1605.82 IQD
25 January 20241 KYD = 1605.27 IQD
26 January 20241 KYD = 1604.23 IQD
28 January 20241 KYD = 1596.34 IQD
29 January 20241 KYD = 1573.69 IQD
30 January 20241 KYD = 1606.03 IQD
31 January 20241 KYD = 1605.29 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Due to its low purchasing power and production costs, the 1 cent coin was withdrawn from circulation in the Cayman Islands.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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