Historic Qatari Rial Danish Krone

Qatari Rial danish krone history for January 2024. The highest quote for this month is 1.8972 (29/01/2024) and the lowest 1.8884 (29/01/2024). The difference between high and low is 0.46.

QAR DKK average rate for January 2024 is 1.87682, the change between 01/01/2024 and 31/01/2024 is -1.81 %.

01 January 20241 QAR = 1.856 DKK
02 January 20241 QAR = 1.856 DKK
03 January 20241 QAR = 1.872 DKK
04 January 20241 QAR = 1.876 DKK
05 January 20241 QAR = 1.872 DKK
06 January 20241 QAR = 1.872 DKK
07 January 20241 QAR = 1.872 DKK
08 January 20241 QAR = 1.873 DKK
09 January 20241 QAR = 1.872 DKK
10 January 20241 QAR = 1.875 DKK
11 January 20241 QAR = 1.867 DKK
12 January 20241 QAR = 1.866 DKK
14 January 20241 QAR = 1.870 DKK
15 January 20241 QAR = 1.872 DKK
16 January 20241 QAR = 1.873 DKK
17 January 20241 QAR = 1.884 DKK
18 January 20241 QAR = 1.883 DKK
19 January 20241 QAR = 1.883 DKK
22 January 20241 QAR = 1.882 DKK
23 January 20241 QAR = 1.884 DKK
24 January 20241 QAR = 1.887 DKK
25 January 20241 QAR = 1.883 DKK
26 January 20241 QAR = 1.889 DKK
28 January 20241 QAR = 1.888 DKK
29 January 20241 QAR = 1.889 DKK
30 January 20241 QAR = 1.891 DKK
31 January 20241 QAR = 1.889 DKK

04/02/2021: Ending of Intervention Policy

Denmark's central bank announced the end of its long-standing policy of defending the Krone's peg to the Euro.

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.

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.

19/09/2000: Referendum on Euro Membership

Danish voters rejected adopting the Euro in a referendum, maintaining the Krone as the national currency.

31/12/1998: Euro peg

Denmark joined the European Exchange Rate Mechanism (ERM II), pegging the Krone to the Euro with a narrow fluctuation band.

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.

24/03/1982: Floating Exchange Rate

Denmark switched to a floating exchange rate regime, allowing the Krone's value to be determined by market forces.

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.

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.

21/07/1944: Bretton Woods Agreement

Denmark became a member of the International Monetary Fund (IMF) and agreed to the Bretton Woods system, pegging the Krone to the US dollar.

10/09/1927: Return to Gold Standard

Denmark abandoned the gold standard due to economic pressures and public debt.

31/12/1872: Pegging to Gold Standard

The Danish Krone was pegged to the gold standard, fixing its value in relation to gold.
QAR DKK January 2024
QAR DKK February 2024
QAR DKK March 2024
QAR DKK April 2024
QAR DKK May 2024
QAR DKK June 2024
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QAR DKK September 2024
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QAR DKK January 2025