Qatari Rial cayman islands dollar exchange rate history (QAR KYD) February 2024

Qatari Rial cayman islands dollar history for February 2024. The highest quote for this month is 0.22629 (05/02/2024) and the lowest 0.22531 (03/02/2024). The difference between high and low is 0.43.

QAR KYD average rate for February 2024 is 0.22428, the change between 01/02/2024 and 29/02/2024 is +0.03 %.

01 February 2024	1 QAR = 0.2236 KYD
02 February 2024	1 QAR = 0.2239 KYD
03 February 2024	1 QAR = 0.2253 KYD
04 February 2024	1 QAR = 0.2253 KYD
05 February 2024	1 QAR = 0.2260 KYD
06 February 2024	1 QAR = 0.2241 KYD
07 February 2024	1 QAR = 0.2240 KYD
08 February 2024	1 QAR = 0.2240 KYD
09 February 2024	1 QAR = 0.2240 KYD
12 February 2024	1 QAR = 0.2237 KYD
13 February 2024	1 QAR = 0.2239 KYD
14 February 2024	1 QAR = 0.2240 KYD
15 February 2024	1 QAR = 0.2239 KYD
16 February 2024	1 QAR = 0.2238 KYD
17 February 2024	1 QAR = 0.2253 KYD
18 February 2024	1 QAR = 0.2253 KYD
19 February 2024	1 QAR = 0.2240 KYD
20 February 2024	1 QAR = 0.2239 KYD
21 February 2024	1 QAR = 0.2240 KYD
22 February 2024	1 QAR = 0.2239 KYD
23 February 2024	1 QAR = 0.2241 KYD
24 February 2024	1 QAR = 0.2253 KYD
25 February 2024	1 QAR = 0.2253 KYD
26 February 2024	1 QAR = 0.2238 KYD
27 February 2024	1 QAR = 0.2240 KYD
28 February 2024	1 QAR = 0.2239 KYD
29 February 2024	1 QAR = 0.2235 KYD

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.

01/01/2010: Removal of 1 cent coin from circulation

Due to its low purchasing power and production costs, the 1 cent coin was withdrawn from circulation in the Cayman Islands.

01/11/2007: Transition from Crown Dependencies to Overseas Countries and Territories

The Cayman Islands, including its currency, transitioned from being labeled as a Crown Dependency to an Overseas Country and Territory.

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.

01/01/2001: Issuance of New Banknotes and Coins

New banknotes and coins with enhanced security features were introduced to combat counterfeiting.

01/01/1999: Introduction of Cayman Islands Currency Law

The Cayman Islands Currency Law was enacted to provide a legal framework for the issuance and regulation of the currency.

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.

01/07/1997: Pegging of the Cayman Islands Dollar to the US Dollar

The Cayman Islands dollar was pegged to the US dollar at a fixed exchange rate of KYD 1.00 = USD 1.20.

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.

07/11/1974: Creation of the Cayman Islands Monetary Authority

The Cayman Islands Monetary Authority was established as the central bank responsible for regulating the currency and financial institutions.

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.

01/01/1972: Introduction of Cayman Islands Dollar

The Cayman Islands dollar was first introduced as the official currency, replacing the Jamaican dollar.

Historic Qatari Rial Cayman Islands dollar