Historic Qatari Rial Danish Krone

Qatari Rial danish krone history for November 2023. The highest quote for this month is 1.9492 (01/11/2023) and the lowest 1.9382 (01/11/2023). The difference between high and low is 0.56.

QAR DKK average rate for November 2023 is 1.89583, the change between 01/11/2023 and 30/11/2023 is +3.67 %.

01 November 20231 QAR = 1.939 DKK
02 November 20231 QAR = 1.937 DKK
03 November 20231 QAR = 1.932 DKK
06 November 20231 QAR = 1.910 DKK
07 November 20231 QAR = 1.912 DKK
08 November 20231 QAR = 1.916 DKK
09 November 20231 QAR = 1.913 DKK
10 November 20231 QAR = 1.921 DKK
12 November 20231 QAR = 1.917 DKK
13 November 20231 QAR = 1.917 DKK
14 November 20231 QAR = 1.915 DKK
15 November 20231 QAR = 1.884 DKK
16 November 20231 QAR = 1.888 DKK
17 November 20231 QAR = 1.888 DKK
19 November 20231 QAR = 1.876 DKK
20 November 20231 QAR = 1.879 DKK
21 November 20231 QAR = 1.872 DKK
22 November 20231 QAR = 1.876 DKK
23 November 20231 QAR = 1.881 DKK
24 November 20231 QAR = 1.879 DKK
26 November 20231 QAR = 1.872 DKK
27 November 20231 QAR = 1.873 DKK
28 November 20231 QAR = 1.870 DKK
29 November 20231 QAR = 1.862 DKK
30 November 20231 QAR = 1.867 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.