Historic Iraqi dinar Japanese Yen

Iraqi dinar japanese yen history for February 2024. The highest quote for this month is 0.11755 (13/02/2024) and the lowest 0.11729 (14/02/2024). The difference between high and low is 0.22.

IQD JPY average rate for February 2024 is 0.11491, the change between 01/02/2024 and 29/02/2024 is -4.77 %.

01 February 20241 IQD = 0.1124 JPY
02 February 20241 IQD = 0.1120 JPY
04 February 20241 IQD = 0.1132 JPY
05 February 20241 IQD = 0.1147 JPY
06 February 20241 IQD = 0.1158 JPY
07 February 20241 IQD = 0.1130 JPY
08 February 20241 IQD = 0.1133 JPY
09 February 20241 IQD = 0.1141 JPY
12 February 20241 IQD = 0.1165 JPY
13 February 20241 IQD = 0.1142 JPY
14 February 20241 IQD = 0.1152 JPY
15 February 20241 IQD = 0.1151 JPY
16 February 20241 IQD = 0.1146 JPY
17 February 20241 IQD = 0.1147 JPY
18 February 20241 IQD = 0.1147 JPY
19 February 20241 IQD = 0.1171 JPY
20 February 20241 IQD = 0.1172 JPY
21 February 20241 IQD = 0.1146 JPY
22 February 20241 IQD = 0.1150 JPY
23 February 20241 IQD = 0.1151 JPY
24 February 20241 IQD = 0.1149 JPY
25 February 20241 IQD = 0.1149 JPY
26 February 20241 IQD = 0.1175 JPY
27 February 20241 IQD = 0.1151 JPY
28 February 20241 IQD = 0.1151 JPY
29 February 20241 IQD = 0.1177 JPY

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.

28/07/2016: Bank of Japan announces stimulus package

The Bank of Japan announced an aggressive stimulus package and negative interest rates, causing the Yen to depreciate against major currencies.

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.

11/03/2011: Great East Japan Earthquake

The Tohoku earthquake and tsunami devastated Japan, leading to a decline in the Yen as reconstruction efforts strained the economy.

15/09/2008: Lehman Brothers bankruptcy

The bankruptcy of Lehman Brothers triggered a global financial crisis, resulting in a surge in the value of the Yen as investors sought safe-haven assets.

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.

20/03/1995: Kobe earthquake

The Great Hanshin earthquake struck Kobe, causing significant damage to the Japanese economy and leading to a decline in the value of the Yen.

02/08/1990: Iraq invades Kuwait

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

22/09/1985: Plaza Accord

Japan, along with major economies, agreed to depreciate the value of the US dollar, leading to the appreciation of the Yen.

22/09/1980: Iran-Iraq War Begins

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

01/03/1973: Yen becomes a floating currency

The Yen lost its fixed exchange rate and started floating against major currencies following the collapse of the Bretton Woods system.

15/12/1953: Yen is introduced

The Japanese Yen was first introduced as the official currency of Japan with the enactment of the Bank of Japan Act.

03/10/1932: Independence of Iraq

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