Historic Danish Krone Qatari Rial

Danish Krone qatari rial history for February 2024. The highest quote for this month is 0.52884 (25/02/2024) and the lowest 0.53198 (02/02/2024). The difference between high and low is -0.59.

DKK QAR average rate for February 2024 is 0.52687, the change between 01/02/2024 and 29/02/2024 is -0.32 %.

01 February 20241 DKK = 0.5273 QAR
02 February 20241 DKK = 0.5308 QAR
03 February 20241 DKK = 0.5270 QAR
04 February 20241 DKK = 0.5270 QAR
05 February 20241 DKK = 0.5264 QAR
06 February 20241 DKK = 0.5243 QAR
07 February 20241 DKK = 0.5248 QAR
08 February 20241 DKK = 0.5258 QAR
09 February 20241 DKK = 0.5261 QAR
12 February 20241 DKK = 0.5270 QAR
13 February 20241 DKK = 0.5259 QAR
14 February 20241 DKK = 0.5228 QAR
15 February 20241 DKK = 0.5238 QAR
16 February 20241 DKK = 0.5259 QAR
17 February 20241 DKK = 0.5262 QAR
18 February 20241 DKK = 0.5262 QAR
19 February 20241 DKK = 0.5264 QAR
20 February 20241 DKK = 0.5261 QAR
21 February 20241 DKK = 0.5277 QAR
22 February 20241 DKK = 0.5282 QAR
23 February 20241 DKK = 0.5284 QAR
25 February 20241 DKK = 0.5288 QAR
26 February 20241 DKK = 0.5282 QAR
27 February 20241 DKK = 0.5296 QAR
28 February 20241 DKK = 0.5292 QAR
29 February 20241 DKK = 0.5290 QAR

04/02/2021: Ending of Intervention Policy

Denmark's central bank announced the end of its long-standing policy of defending the Krone's peg to the Euro.

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.

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.

19/09/2000: Referendum on Euro Membership

Danish voters rejected adopting the Euro in a referendum, maintaining the Krone as the national currency.

31/12/1998: Euro peg

Denmark joined the European Exchange Rate Mechanism (ERM II), pegging the Krone to the Euro with a narrow fluctuation band.

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.

24/03/1982: Floating Exchange Rate

Denmark switched to a floating exchange rate regime, allowing the Krone's value to be determined by market forces.

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.

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.

21/07/1944: Bretton Woods Agreement

Denmark became a member of the International Monetary Fund (IMF) and agreed to the Bretton Woods system, pegging the Krone to the US dollar.

10/09/1927: Return to Gold Standard

Denmark abandoned the gold standard due to economic pressures and public debt.

31/12/1872: Pegging to Gold Standard

The Danish Krone was pegged to the gold standard, fixing its value in relation to gold.
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