Historic Djiboutian franc Qatari Rial

Djiboutian franc qatari rial history for November 2023. The highest quote for this month is 0.020975 (02/11/2023) and the lowest 0.021229 (15/11/2023). The difference between high and low is -1.21.

DJF QAR average rate for November 2023 is 0.02059, the change between 01/11/2023 and 30/11/2023 is +0.03 %.

01 November 20231 DJF = 0.0205 QAR
02 November 20231 DJF = 0.0205 QAR
03 November 20231 DJF = 0.0210 QAR
06 November 20231 DJF = 0.0211 QAR
07 November 20231 DJF = 0.0205 QAR
08 November 20231 DJF = 0.0205 QAR
09 November 20231 DJF = 0.0205 QAR
10 November 20231 DJF = 0.0205 QAR
12 November 20231 DJF = 0.0205 QAR
13 November 20231 DJF = 0.0210 QAR
14 November 20231 DJF = 0.0205 QAR
15 November 20231 DJF = 0.0205 QAR
16 November 20231 DJF = 0.0205 QAR
17 November 20231 DJF = 0.0205 QAR
18 November 20231 DJF = 0.0205 QAR
19 November 20231 DJF = 0.0205 QAR
20 November 20231 DJF = 0.0210 QAR
21 November 20231 DJF = 0.0205 QAR
22 November 20231 DJF = 0.0205 QAR
23 November 20231 DJF = 0.0205 QAR
24 November 20231 DJF = 0.0205 QAR
26 November 20231 DJF = 0.0205 QAR
27 November 20231 DJF = 0.0210 QAR
28 November 20231 DJF = 0.0205 QAR
29 November 20231 DJF = 0.0205 QAR
30 November 20231 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.