Historic Qatari Rial Danish Krone

Qatari Rial danish krone history for February 2024. The highest quote for this month is 1.9157 (14/02/2024) and the lowest 1.9084 (14/02/2024). The difference between high and low is 0.38.

QAR DKK average rate for February 2024 is 1.89802, the change between 01/02/2024 and 29/02/2024 is +0.32 %.

01 February 20241 QAR = 1.896 DKK
02 February 20241 QAR = 1.884 DKK
03 February 20241 QAR = 1.898 DKK
04 February 20241 QAR = 1.898 DKK
05 February 20241 QAR = 1.900 DKK
06 February 20241 QAR = 1.907 DKK
07 February 20241 QAR = 1.906 DKK
08 February 20241 QAR = 1.902 DKK
09 February 20241 QAR = 1.901 DKK
12 February 20241 QAR = 1.897 DKK
13 February 20241 QAR = 1.902 DKK
14 February 20241 QAR = 1.913 DKK
15 February 20241 QAR = 1.909 DKK
16 February 20241 QAR = 1.902 DKK
17 February 20241 QAR = 1.900 DKK
18 February 20241 QAR = 1.900 DKK
19 February 20241 QAR = 1.900 DKK
20 February 20241 QAR = 1.901 DKK
21 February 20241 QAR = 1.895 DKK
22 February 20241 QAR = 1.893 DKK
23 February 20241 QAR = 1.893 DKK
25 February 20241 QAR = 1.891 DKK
26 February 20241 QAR = 1.893 DKK
27 February 20241 QAR = 1.888 DKK
28 February 20241 QAR = 1.890 DKK
29 February 20241 QAR = 1.890 DKK

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.
QAR DKK July 2023
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