Historic Cayman Islands dollar Iraqi dinar

Cayman Islands dollar iraqi dinar history for October 2023. The highest quote for this month is 1606.83 (17/10/2023) and the lowest 1596.34 (07/10/2023). The difference between high and low is 0.65.

KYD IQD average rate for October 2023 is 1594.58593, the change between 01/10/2023 and 31/10/2023 is -0.71 %.

01 October 20231 KYD = 1595.88 IQD
02 October 20231 KYD = 1573.20 IQD
03 October 20231 KYD = 1605.27 IQD
04 October 20231 KYD = 1605.69 IQD
05 October 20231 KYD = 1607.87 IQD
06 October 20231 KYD = 1573.66 IQD
07 October 20231 KYD = 1596.34 IQD
09 October 20231 KYD = 1573.76 IQD
10 October 20231 KYD = 1573.78 IQD
11 October 20231 KYD = 1603.88 IQD
12 October 20231 KYD = 1605.72 IQD
13 October 20231 KYD = 1605.77 IQD
16 October 20231 KYD = 1574.90 IQD
17 October 20231 KYD = 1604.48 IQD
18 October 20231 KYD = 1606.83 IQD
19 October 20231 KYD = 1573.57 IQD
20 October 20231 KYD = 1606.64 IQD
21 October 20231 KYD = 1596.34 IQD
22 October 20231 KYD = 1596.34 IQD
23 October 20231 KYD = 1573.71 IQD
24 October 20231 KYD = 1606.57 IQD
25 October 20231 KYD = 1604.42 IQD
26 October 20231 KYD = 1606.07 IQD
27 October 20231 KYD = 1605.98 IQD
29 October 20231 KYD = 1596.34 IQD
30 October 20231 KYD = 1573.57 IQD
31 October 20231 KYD = 1607.24 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Due to its low purchasing power and production costs, the 1 cent coin was withdrawn from circulation in the Cayman Islands.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.