Historic Iraqi dinar Yemeni Rial

Iraqi dinar yemeni rial history for February 2024. The highest quote for this month is 0.19494 (19/02/2024) and the lowest 0.19597 (02/02/2024). The difference between high and low is -0.53.

IQD YER average rate for February 2024 is 0.19195, the change between 01/02/2024 and 29/02/2024 is -2.2 %.

01 February 20241 IQD = 0.1910 YER
02 February 20241 IQD = 0.1910 YER
03 February 20241 IQD = 0.1910 YER
04 February 20241 IQD = 0.1910 YER
05 February 20241 IQD = 0.1931 YER
06 February 20241 IQD = 0.1947 YER
07 February 20241 IQD = 0.1910 YER
08 February 20241 IQD = 0.1911 YER
09 February 20241 IQD = 0.1910 YER
12 February 20241 IQD = 0.1950 YER
13 February 20241 IQD = 0.1910 YER
14 February 20241 IQD = 0.1910 YER
15 February 20241 IQD = 0.1910 YER
16 February 20241 IQD = 0.1910 YER
17 February 20241 IQD = 0.1910 YER
18 February 20241 IQD = 0.1910 YER
19 February 20241 IQD = 0.1949 YER
20 February 20241 IQD = 0.1949 YER
21 February 20241 IQD = 0.1910 YER
22 February 20241 IQD = 0.1910 YER
23 February 20241 IQD = 0.1910 YER
24 February 20241 IQD = 0.1910 YER
25 February 20241 IQD = 0.1910 YER
26 February 20241 IQD = 0.1950 YER
27 February 20241 IQD = 0.1910 YER
28 February 20241 IQD = 0.1910 YER
29 February 20241 IQD = 0.1952 YER

11/02/2020: Currency Devaluation

The Yemeni Rial witnessed another devaluation as the Central Bank of Yemen devalued the currency by 25% to ease foreign currency shortages and stabilize the economy.

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.

13/10/2016: Central Bank Relocation

The internationally recognized government of Yemen relocated the Central Bank from Sana'a to Aden, causing further fragmentation in the value and availability of the Yemeni Rial.

16/09/2015: Houthi Takeover and Currency Instability

Following the Houthi rebel's takeover of the capital Sana'a, the Yemeni Rial faced further instability, resulting in hyperinflation and a depreciation of its value.

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.

27/09/2009: Government Decision

The Yemeni government announced a 9.3% devaluation of the rial as a measure to cope with the economic crisis and declining oil revenues.

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.

04/05/1994: Civil War and Currency Devaluation

During the Yemeni Civil War, the Yemeni Rial experienced a significant devaluation, with the exchange rate reaching around 200 rials for 1 US dollar.

02/08/1990: Iraq invades Kuwait

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

22/05/1990: Yemeni Unification

The Yemeni Rial became the official currency of the newly unified country of Yemen after the merger of the Yemen Arab Republic (North Yemen) and People's Democratic Republic of Yemen (South Yemen).

22/09/1980: Iran-Iraq War Begins

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

26/08/1948: Currency Introduction

The Yemeni Rial (YER) was first introduced as the official currency of North Yemen, replacing the Yemeni Riyal at a rate of 1 rial = 1,000 Riyals.

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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