Historic Djiboutian franc Qatari Rial

Djiboutian franc qatari rial history for February 2024. The highest quote for this month is 0.020915 (06/02/2024) and the lowest 0.021048 (02/02/2024). The difference between high and low is -0.64.

DJF QAR average rate for February 2024 is 0.0206, the change between 01/02/2024 and 29/02/2024 is -2.38 %.

01 February 20241 DJF = 0.0205 QAR
02 February 20241 DJF = 0.0205 QAR
03 February 20241 DJF = 0.0204 QAR
04 February 20241 DJF = 0.0204 QAR
05 February 20241 DJF = 0.0207 QAR
06 February 20241 DJF = 0.0209 QAR
07 February 20241 DJF = 0.0209 QAR
08 February 20241 DJF = 0.0205 QAR
09 February 20241 DJF = 0.0205 QAR
12 February 20241 DJF = 0.0209 QAR
13 February 20241 DJF = 0.0205 QAR
14 February 20241 DJF = 0.0205 QAR
15 February 20241 DJF = 0.0205 QAR
16 February 20241 DJF = 0.0205 QAR
17 February 20241 DJF = 0.0205 QAR
18 February 20241 DJF = 0.0205 QAR
19 February 20241 DJF = 0.0209 QAR
20 February 20241 DJF = 0.0205 QAR
21 February 20241 DJF = 0.0205 QAR
22 February 20241 DJF = 0.0205 QAR
23 February 20241 DJF = 0.0209 QAR
24 February 20241 DJF = 0.0205 QAR
25 February 20241 DJF = 0.0205 QAR
26 February 20241 DJF = 0.0209 QAR
27 February 20241 DJF = 0.0205 QAR
28 February 20241 DJF = 0.0205 QAR
29 February 20241 DJF = 0.0210 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.

04/06/2020: Exchange rate stabilization

Efforts were made to stabilize the exchange rate of the Djiboutian franc to reduce inflation and encourage economic growth.

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.

01/09/2013: Replacement of coins with bi-metallic coins

Coins of lower denominations of the Djiboutian franc were replaced with bi-metallic coins.

01/01/2002: Introduction of new banknotes

New banknotes of the Djiboutian franc were introduced with enhanced security features.

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.

15/09/1997: Second devaluation

The Djiboutian franc was devalued by 33% as a result of economic instability and high inflation.

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.

08/05/1977: First devaluation

The Djiboutian franc was devalued by 50% due to economic difficulties faced by the newly independent country.

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.

27/06/1973: Independence from France

Djibouti gained independence from France and the Djiboutian franc became the national currency.

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.

01/01/1949: Introduction of the Djiboutian franc

The Djiboutian franc was introduced as the official currency of French Somaliland, replacing the French franc at a 1:1 exchange rate.