Historic Iraqi dinar Indian Rupee

Iraqi dinar indian rupee history for February 2024. The highest quote for this month is 0.064806 (13/02/2024) and the lowest 0.064968 (02/02/2024). The difference between high and low is -0.25.

IQD INR average rate for February 2024 is 0.06374, the change between 01/02/2024 and 29/02/2024 is -2.05 %.

01 February 20241 IQD = 0.0635 INR
02 February 20241 IQD = 0.0634 INR
03 February 20241 IQD = 0.0633 INR
04 February 20241 IQD = 0.0634 INR
05 February 20241 IQD = 0.0641 INR
06 February 20241 IQD = 0.0647 INR
07 February 20241 IQD = 0.0635 INR
08 February 20241 IQD = 0.0635 INR
09 February 20241 IQD = 0.0634 INR
12 February 20241 IQD = 0.0648 INR
13 February 20241 IQD = 0.0634 INR
14 February 20241 IQD = 0.0635 INR
15 February 20241 IQD = 0.0635 INR
16 February 20241 IQD = 0.0635 INR
17 February 20241 IQD = 0.0634 INR
18 February 20241 IQD = 0.0634 INR
19 February 20241 IQD = 0.0647 INR
20 February 20241 IQD = 0.0648 INR
21 February 20241 IQD = 0.0633 INR
22 February 20241 IQD = 0.0634 INR
23 February 20241 IQD = 0.0634 INR
24 February 20241 IQD = 0.0633 INR
25 February 20241 IQD = 0.0633 INR
26 February 20241 IQD = 0.0647 INR
27 February 20241 IQD = 0.0633 INR
28 February 20241 IQD = 0.0634 INR
29 February 20241 IQD = 0.0648 INR

24/03/2020: COVID-19 Impact on Indian Rupee

The global COVID-19 pandemic caused significant volatility in the Indian Rupee exchange rate, leading to depreciation against major international currencies.

15/10/2018: Government Formation

The formation of a new Iraqi government after parliamentary elections brought hopes of stability and potential economic growth, positively impacting the Iraqi dinar.

08/11/2016: Demonetization

The Indian government announced the demonetization of ₹500 and ₹1,000 banknotes, requiring individuals to exchange or deposit their old currency notes at banks.

10/06/2014: ISIS captures Mosul

The capture of Mosul by ISIS led to a further devaluation of the Iraqi dinar and economic instability in the region.

03/07/2007: Indian Rupee Symbol

The Indian Rupee was given its own unique symbol ₹, representing the integration of the Indian Rupee into the global currency landscape.

15/10/2004: Introduction of New Iraqi Dinar

A new series of banknotes with enhanced security features was introduced to replace the previous Iraqi dinar notes.

20/03/2003: US-led Invasion of Iraq

The US-led invasion led to the collapse of the Iraqi government, causing instability and a sharp decline in the value of the Iraqi dinar.

21/06/1991: Liberalization of Indian Economy

India initiated economic reforms, including the liberalization of foreign exchange controls. This led to the beginning of the exchange rate regime reforms for the Indian Rupee.

02/08/1990: Iraq invades Kuwait

Iraq's invasion of Kuwait resulted in international economic sanctions and further devaluation of the Iraqi dinar.

22/09/1980: Iran-Iraq War Begins

The Iran-Iraq war started, leading to significant economic challenges and inflation which impacted the Iraqi dinar.

24/06/1957: Decimalization of Indian Rupee

The Indian Rupee was decimalized, dividing it into 100 paise. This change simplified the currency system and introduced a uniform monetary system across the country.

15/08/1947: Indian Independence

India gained independence from British rule, leading to the establishment of the Reserve Bank of India as the central bank and the Indian Rupee as the official currency.

03/10/1932: Independence of Iraq

The Iraqi dinar was introduced as the official currency of Iraq following its independence from British occupation.

01/01/1862: Introduction of Indian Rupee

Indian Rupee was introduced by the British government as the official currency of British India. It replaced various local and foreign currencies that were in circulation.
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