Qatari Rial libyan dinar exchange rate history (QAR LYD) October 2023

Qatari Rial libyan dinar history for October 2023. The highest quote for this month is 1.344 (05/10/2023) and the lowest 1.3431 (29/10/2023). The difference between high and low is 0.07.

QAR LYD average rate for October 2023 is 1.33796, the change between 01/10/2023 and 31/10/2023 is +0.13 %.

01 October 2023	1 QAR = 1.340 LYD
02 October 2023	1 QAR = 1.338 LYD
03 October 2023	1 QAR = 1.338 LYD
04 October 2023	1 QAR = 1.344 LYD
05 October 2023	1 QAR = 1.344 LYD
06 October 2023	1 QAR = 1.338 LYD
07 October 2023	1 QAR = 1.342 LYD
09 October 2023	1 QAR = 1.332 LYD
10 October 2023	1 QAR = 1.336 LYD
11 October 2023	1 QAR = 1.336 LYD
12 October 2023	1 QAR = 1.333 LYD
13 October 2023	1 QAR = 1.335 LYD
16 October 2023	1 QAR = 1.333 LYD
17 October 2023	1 QAR = 1.341 LYD
18 October 2023	1 QAR = 1.338 LYD
19 October 2023	1 QAR = 1.338 LYD
20 October 2023	1 QAR = 1.339 LYD
21 October 2023	1 QAR = 1.343 LYD
22 October 2023	1 QAR = 1.343 LYD
23 October 2023	1 QAR = 1.336 LYD
24 October 2023	1 QAR = 1.341 LYD
25 October 2023	1 QAR = 1.333 LYD
26 October 2023	1 QAR = 1.335 LYD
27 October 2023	1 QAR = 1.335 LYD
29 October 2023	1 QAR = 1.343 LYD
30 October 2023	1 QAR = 1.335 LYD
31 October 2023	1 QAR = 1.338 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.

Historic Qatari Rial Libyan dinar