Historic Qatari Rial Libyan dinar

Qatari Rial libyan dinar history for December 2023. The highest quote for this month is 1.3249 (10/12/2023) and the lowest 1.3249 (10/12/2023). The difference between high and low is 0.

QAR LYD average rate for December 2023 is 1.31521, the change between 01/12/2023 and 31/12/2023 is +0.57 %.

01 December 20231 QAR = 1.310 LYD
02 December 20231 QAR = 1.315 LYD
03 December 20231 QAR = 1.315 LYD
04 December 20231 QAR = 1.312 LYD
05 December 20231 QAR = 1.316 LYD
06 December 20231 QAR = 1.319 LYD
07 December 20231 QAR = 1.322 LYD
08 December 20231 QAR = 1.325 LYD
10 December 20231 QAR = 1.325 LYD
11 December 20231 QAR = 1.323 LYD
12 December 20231 QAR = 1.319 LYD
13 December 20231 QAR = 1.320 LYD
14 December 20231 QAR = 1.322 LYD
15 December 20231 QAR = 1.311 LYD
16 December 20231 QAR = 1.316 LYD
17 December 20231 QAR = 1.316 LYD
18 December 20231 QAR = 1.319 LYD
19 December 20231 QAR = 1.311 LYD
20 December 20231 QAR = 1.311 LYD
21 December 20231 QAR = 1.314 LYD
22 December 20231 QAR = 1.311 LYD
23 December 20231 QAR = 1.315 LYD
24 December 20231 QAR = 1.315 LYD
25 December 20231 QAR = 1.312 LYD
26 December 20231 QAR = 1.313 LYD
27 December 20231 QAR = 1.308 LYD
28 December 20231 QAR = 1.308 LYD
29 December 20231 QAR = 1.303 LYD

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.