Danish Krone qatari rial exchange rate history (DKK QAR) October 2023

Danish Krone qatari rial history for October 2023. The highest quote for this month is 0.51705 (21/10/2023) and the lowest 0.52126 (24/10/2023). The difference between high and low is -0.81.

DKK QAR average rate for October 2023 is 0.51552, the change between 01/10/2023 and 31/10/2023 is -0.31 %.

01 October 2023	1 DKK = 0.5159 QAR
02 October 2023	1 DKK = 0.5156 QAR
03 October 2023	1 DKK = 0.5115 QAR
04 October 2023	1 DKK = 0.5109 QAR
05 October 2023	1 DKK = 0.5127 QAR
06 October 2023	1 DKK = 0.5147 QAR
09 October 2023	1 DKK = 0.5157 QAR
10 October 2023	1 DKK = 0.5163 QAR
11 October 2023	1 DKK = 0.5176 QAR
12 October 2023	1 DKK = 0.5185 QAR
13 October 2023	1 DKK = 0.5143 QAR
16 October 2023	1 DKK = 0.5134 QAR
17 October 2023	1 DKK = 0.5149 QAR
18 October 2023	1 DKK = 0.5157 QAR
19 October 2023	1 DKK = 0.5139 QAR
20 October 2023	1 DKK = 0.5161 QAR
21 October 2023	1 DKK = 0.5171 QAR
22 October 2023	1 DKK = 0.5167 QAR
23 October 2023	1 DKK = 0.5166 QAR
24 October 2023	1 DKK = 0.5203 QAR
25 October 2023	1 DKK = 0.5166 QAR
26 October 2023	1 DKK = 0.5153 QAR
27 October 2023	1 DKK = 0.5152 QAR
29 October 2023	1 DKK = 0.5155 QAR
30 October 2023	1 DKK = 0.5150 QAR
31 October 2023	1 DKK = 0.5176 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.

Historic Danish Krone Qatari Rial