Historic Libyan dinar Qatari Rial

Libyan dinar qatari rial history for December 2023. The highest quote for this month is 0.76512 (29/12/2023) and the lowest 0.76963 (28/12/2023). The difference between high and low is -0.59.

LYD QAR average rate for December 2023 is 0.76034, the change between 01/12/2023 and 31/12/2023 is -0.57 %.

01 December 20231 LYD = 0.7633 QAR
02 December 20231 LYD = 0.7603 QAR
03 December 20231 LYD = 0.7603 QAR
04 December 20231 LYD = 0.7621 QAR
05 December 20231 LYD = 0.7598 QAR
06 December 20231 LYD = 0.7581 QAR
07 December 20231 LYD = 0.7564 QAR
08 December 20231 LYD = 0.7545 QAR
10 December 20231 LYD = 0.7548 QAR
11 December 20231 LYD = 0.7561 QAR
12 December 20231 LYD = 0.7582 QAR
13 December 20231 LYD = 0.7575 QAR
14 December 20231 LYD = 0.7566 QAR
15 December 20231 LYD = 0.7630 QAR
16 December 20231 LYD = 0.7600 QAR
17 December 20231 LYD = 0.7600 QAR
18 December 20231 LYD = 0.7583 QAR
19 December 20231 LYD = 0.7629 QAR
20 December 20231 LYD = 0.7630 QAR
21 December 20231 LYD = 0.7612 QAR
22 December 20231 LYD = 0.7628 QAR
23 December 20231 LYD = 0.7604 QAR
24 December 20231 LYD = 0.7604 QAR
25 December 20231 LYD = 0.7620 QAR
26 December 20231 LYD = 0.7614 QAR
27 December 20231 LYD = 0.7645 QAR
28 December 20231 LYD = 0.7644 QAR
29 December 20231 LYD = 0.7676 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.

06/09/2018: Announcement of new dinar notes

The Central Bank of Libya announces the release of new dinar banknotes with enhanced security features to combat counterfeiting.

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.

28/07/2014: Recognition of rival governments

The Libyan Supreme Court recognizes two rival governments, further fragmenting the country and impacting the value of the dinar.

17/02/2011: Start of the Libyan Civil War

The Libyan Civil War begins, leading to political instability and further devaluation of the Libyan dinar.

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.

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.

07/04/1986: US imposes economic sanctions

The United States imposes economic sanctions on Libya, severely impacting the value and stability of the Libyan dinar.

02/03/1978: Establishment of the Central Bank of Libya

The Central Bank of Libya is established, becoming the sole authority responsible for issuing and managing the Libyan dinar.

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.

08/09/1971: Introduction of the Libyan dinar

The Libyan pound is replaced by the Libyan dinar, at a rate of 1 dinar = 1 pound.

24/12/1951: Independence of Libya

Libya gains independence from Italy, introducing the Libyan pound as its currency.