Historic Djiboutian franc Qatari Rial

Djiboutian franc qatari rial history for January 2024. The highest quote for this month is 0.020485 (07/01/2024) and the lowest 0.020986 (08/01/2024). The difference between high and low is -2.45.

DJF QAR average rate for January 2024 is 0.02057, the change between 01/01/2024 and 31/01/2024 is +1.91 %.

01 January 20241 DJF = 0.0209 QAR
02 January 20241 DJF = 0.0205 QAR
03 January 20241 DJF = 0.0205 QAR
04 January 20241 DJF = 0.0205 QAR
05 January 20241 DJF = 0.0205 QAR
06 January 20241 DJF = 0.0204 QAR
07 January 20241 DJF = 0.0205 QAR
08 January 20241 DJF = 0.0210 QAR
09 January 20241 DJF = 0.0205 QAR
10 January 20241 DJF = 0.0205 QAR
11 January 20241 DJF = 0.0205 QAR
12 January 20241 DJF = 0.0205 QAR
14 January 20241 DJF = 0.0205 QAR
15 January 20241 DJF = 0.0210 QAR
16 January 20241 DJF = 0.0205 QAR
17 January 20241 DJF = 0.0209 QAR
18 January 20241 DJF = 0.0205 QAR
19 January 20241 DJF = 0.0205 QAR
22 January 20241 DJF = 0.0209 QAR
23 January 20241 DJF = 0.0205 QAR
24 January 20241 DJF = 0.0205 QAR
25 January 20241 DJF = 0.0205 QAR
26 January 20241 DJF = 0.0205 QAR
28 January 20241 DJF = 0.0204 QAR
29 January 20241 DJF = 0.0209 QAR
30 January 20241 DJF = 0.0205 QAR
31 January 20241 DJF = 0.0205 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.