Historic Kuwaiti Dinar Qatari Rial

Kuwaiti Dinar qatari rial history for February 2024. The highest quote for this month is 11.849 (04/02/2024) and the lowest 11.859 (02/02/2024). The difference between high and low is -0.08.

KWD QAR average rate for February 2024 is 11.83833, the change between 01/02/2024 and 29/02/2024 is +0.06 %.

01 February 20241 KWD = 11.85 QAR
02 February 20241 KWD = 11.85 QAR
03 February 20241 KWD = 11.85 QAR
04 February 20241 KWD = 11.85 QAR
05 February 20241 KWD = 11.85 QAR
06 February 20241 KWD = 11.84 QAR
07 February 20241 KWD = 11.84 QAR
08 February 20241 KWD = 11.84 QAR
09 February 20241 KWD = 11.84 QAR
12 February 20241 KWD = 11.84 QAR
13 February 20241 KWD = 11.84 QAR
14 February 20241 KWD = 11.83 QAR
15 February 20241 KWD = 11.82 QAR
16 February 20241 KWD = 11.83 QAR
17 February 20241 KWD = 11.82 QAR
18 February 20241 KWD = 11.82 QAR
19 February 20241 KWD = 11.83 QAR
20 February 20241 KWD = 11.84 QAR
21 February 20241 KWD = 11.84 QAR
22 February 20241 KWD = 11.84 QAR
23 February 20241 KWD = 11.84 QAR
24 February 20241 KWD = 11.84 QAR
25 February 20241 KWD = 11.84 QAR
26 February 20241 KWD = 11.84 QAR
27 February 20241 KWD = 11.84 QAR
28 February 20241 KWD = 11.84 QAR
29 February 20241 KWD = 11.84 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.

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.

20/05/2007: Kuwaiti Dinar Redenominated

The Kuwaiti Dinar underwent a redenomination, with the introduction of new banknotes and removal of three zeros from the currency.

20/03/2003: US Invasion of Iraq

The United States and its allies invaded Iraq, leading to a period of uncertainty and affecting the value of the Kuwaiti Dinar.

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.

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.

25/03/1991: Kuwait Liberated

Coalition forces led by the United States liberated Kuwait from Iraqi occupation, restoring stability to the country and its currency.

02/08/1990: Iraqi Invasion of Kuwait

Iraqi forces invaded Kuwait, leading to the Gulf War and causing a significant decline in the value of the Kuwaiti Dinar.

16/09/1980: Iraq-Iran War Begins

The Iraq-Iran War started, leading to economic instability in the region and affecting the value of the Kuwaiti Dinar.

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.

20/10/1975: Kuwait Dinar Pegged to Special Drawing Rights (SDR)

Kuwait pegged its currency to a basket of international currencies known as Special Drawing Rights (SDR) instead of the US Dollar.

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.

02/01/1961: Kuwaiti Dinar Introduced

The Kuwaiti Dinar (KWD) was officially introduced as the currency of Kuwait, replacing the Gulf Rupee.
KWD QAR January 2024
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