Historic Qatari Rial Libyan dinar

Qatari Rial libyan dinar history for January 2024. The highest quote for this month is 1.3223 (26/01/2024) and the lowest 1.32 (28/01/2024). The difference between high and low is 0.17.

QAR LYD average rate for January 2024 is 1.31381, the change between 01/01/2024 and 31/01/2024 is -1.33 %.

01 January 20241 QAR = 1.305 LYD
02 January 20241 QAR = 1.306 LYD
03 January 20241 QAR = 1.305 LYD
04 January 20241 QAR = 1.306 LYD
05 January 20241 QAR = 1.314 LYD
06 January 20241 QAR = 1.316 LYD
07 January 20241 QAR = 1.316 LYD
08 January 20241 QAR = 1.308 LYD
09 January 20241 QAR = 1.314 LYD
10 January 20241 QAR = 1.310 LYD
11 January 20241 QAR = 1.311 LYD
12 January 20241 QAR = 1.311 LYD
14 January 20241 QAR = 1.316 LYD
15 January 20241 QAR = 1.308 LYD
16 January 20241 QAR = 1.310 LYD
17 January 20241 QAR = 1.316 LYD
18 January 20241 QAR = 1.319 LYD
19 January 20241 QAR = 1.319 LYD
22 January 20241 QAR = 1.315 LYD
23 January 20241 QAR = 1.319 LYD
24 January 20241 QAR = 1.316 LYD
25 January 20241 QAR = 1.319 LYD
26 January 20241 QAR = 1.317 LYD
28 January 20241 QAR = 1.322 LYD
29 January 20241 QAR = 1.317 LYD
30 January 20241 QAR = 1.319 LYD
31 January 20241 QAR = 1.322 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.
QAR LYD July 2023
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