Historic Japanese Yen Iraqi dinar

Japanese Yen iraqi dinar history for February 2024. The highest quote for this month is 8.8914 (01/02/2024) and the lowest 8.8353 (04/02/2024). The difference between high and low is 0.63.

JPY IQD average rate for February 2024 is 8.70357, the change between 01/02/2024 and 29/02/2024 is +4.55 %.

01 February 20241 JPY = 8.90 IQD
02 February 20241 JPY = 8.93 IQD
04 February 20241 JPY = 8.83 IQD
05 February 20241 JPY = 8.72 IQD
06 February 20241 JPY = 8.64 IQD
07 February 20241 JPY = 8.85 IQD
08 February 20241 JPY = 8.83 IQD
09 February 20241 JPY = 8.76 IQD
12 February 20241 JPY = 8.59 IQD
13 February 20241 JPY = 8.75 IQD
14 February 20241 JPY = 8.68 IQD
15 February 20241 JPY = 8.69 IQD
16 February 20241 JPY = 8.72 IQD
17 February 20241 JPY = 8.72 IQD
18 February 20241 JPY = 8.72 IQD
19 February 20241 JPY = 8.54 IQD
20 February 20241 JPY = 8.53 IQD
21 February 20241 JPY = 8.72 IQD
22 February 20241 JPY = 8.70 IQD
23 February 20241 JPY = 8.69 IQD
24 February 20241 JPY = 8.70 IQD
25 February 20241 JPY = 8.70 IQD
26 February 20241 JPY = 8.51 IQD
27 February 20241 JPY = 8.69 IQD
28 February 20241 JPY = 8.69 IQD
29 February 20241 JPY = 8.49 IQD

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.