Historic Danish Krone Qatari Rial

Danish Krone qatari rial history for January 2024. The highest quote for this month is 0.53883 (01/01/2024) and the lowest 0.5391 (02/01/2024). The difference between high and low is -0.05.

DKK QAR average rate for January 2024 is 0.53283, the change between 01/01/2024 and 31/01/2024 is +1.77 %.

01 January 20241 DKK = 0.5389 QAR
02 January 20241 DKK = 0.5388 QAR
03 January 20241 DKK = 0.5341 QAR
04 January 20241 DKK = 0.5330 QAR
05 January 20241 DKK = 0.5341 QAR
06 January 20241 DKK = 0.5342 QAR
07 January 20241 DKK = 0.5342 QAR
08 January 20241 DKK = 0.5339 QAR
09 January 20241 DKK = 0.5343 QAR
10 January 20241 DKK = 0.5334 QAR
11 January 20241 DKK = 0.5356 QAR
12 January 20241 DKK = 0.5359 QAR
14 January 20241 DKK = 0.5347 QAR
15 January 20241 DKK = 0.5342 QAR
16 January 20241 DKK = 0.5340 QAR
17 January 20241 DKK = 0.5308 QAR
18 January 20241 DKK = 0.5312 QAR
19 January 20241 DKK = 0.5310 QAR
22 January 20241 DKK = 0.5315 QAR
23 January 20241 DKK = 0.5308 QAR
24 January 20241 DKK = 0.5300 QAR
25 January 20241 DKK = 0.5311 QAR
26 January 20241 DKK = 0.5295 QAR
28 January 20241 DKK = 0.5298 QAR
29 January 20241 DKK = 0.5293 QAR
30 January 20241 DKK = 0.5289 QAR
31 January 20241 DKK = 0.5293 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.
DKK QAR July 2023
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