Cayman Islands dollar qatari rial exchange rate history (KYD QAR) December 2023

Cayman Islands dollar qatari rial history for December 2023. The highest quote for this month is 4.4673 (19/12/2023) and the lowest 4.5126 (14/12/2023). The difference between high and low is -1.01.

KYD QAR average rate for December 2023 is 4.45548, the change between 01/12/2023 and 31/12/2023 is +0.56 %.

01 December 2023	1 KYD = 4.465 QAR
02 December 2023	1 KYD = 4.439 QAR
03 December 2023	1 KYD = 4.439 QAR
04 December 2023	1 KYD = 4.462 QAR
05 December 2023	1 KYD = 4.463 QAR
06 December 2023	1 KYD = 4.466 QAR
07 December 2023	1 KYD = 4.459 QAR
08 December 2023	1 KYD = 4.463 QAR
10 December 2023	1 KYD = 4.439 QAR
11 December 2023	1 KYD = 4.459 QAR
12 December 2023	1 KYD = 4.463 QAR
13 December 2023	1 KYD = 4.467 QAR
14 December 2023	1 KYD = 4.466 QAR
15 December 2023	1 KYD = 4.467 QAR
16 December 2023	1 KYD = 4.439 QAR
17 December 2023	1 KYD = 4.439 QAR
18 December 2023	1 KYD = 4.441 QAR
19 December 2023	1 KYD = 4.466 QAR
20 December 2023	1 KYD = 4.469 QAR
21 December 2023	1 KYD = 4.464 QAR
22 December 2023	1 KYD = 4.465 QAR
23 December 2023	1 KYD = 4.439 QAR
24 December 2023	1 KYD = 4.439 QAR
25 December 2023	1 KYD = 4.459 QAR
26 December 2023	1 KYD = 4.459 QAR
27 December 2023	1 KYD = 4.456 QAR
28 December 2023	1 KYD = 4.463 QAR
29 December 2023	1 KYD = 4.440 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.

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.

01/01/2010: 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Due to its low purchasing power and production costs, the 1 cent coin was withdrawn from circulation in the Cayman Islands.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.

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.

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.

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.

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.

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.

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.

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.

01/01/1972: Introduction of Cayman Islands Dollar

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

Historic Cayman Islands dollar Qatari Rial