Historic Qatari Rial Kuwaiti Dinar

Qatari Rial kuwaiti dinar history for February 2024. The highest quote for this month is 0.084709 (15/02/2024) and the lowest 0.084615 (17/02/2024). The difference between high and low is 0.11.

QAR KWD average rate for February 2024 is 0.08447, the change between 01/02/2024 and 29/02/2024 is -0.06 %.

01 February 20241 QAR = 0.0844 KWD
02 February 20241 QAR = 0.0844 KWD
03 February 20241 QAR = 0.0844 KWD
04 February 20241 QAR = 0.0844 KWD
05 February 20241 QAR = 0.0844 KWD
06 February 20241 QAR = 0.0844 KWD
07 February 20241 QAR = 0.0845 KWD
08 February 20241 QAR = 0.0845 KWD
09 February 20241 QAR = 0.0845 KWD
12 February 20241 QAR = 0.0845 KWD
13 February 20241 QAR = 0.0845 KWD
14 February 20241 QAR = 0.0846 KWD
15 February 20241 QAR = 0.0846 KWD
16 February 20241 QAR = 0.0845 KWD
17 February 20241 QAR = 0.0846 KWD
18 February 20241 QAR = 0.0846 KWD
19 February 20241 QAR = 0.0845 KWD
20 February 20241 QAR = 0.0845 KWD
21 February 20241 QAR = 0.0845 KWD
22 February 20241 QAR = 0.0844 KWD
23 February 20241 QAR = 0.0845 KWD
24 February 20241 QAR = 0.0845 KWD
25 February 20241 QAR = 0.0845 KWD
26 February 20241 QAR = 0.0844 KWD
27 February 20241 QAR = 0.0845 KWD
28 February 20241 QAR = 0.0844 KWD
29 February 20241 QAR = 0.0844 KWD

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.
QAR KWD January 2024
QAR KWD February 2024
QAR KWD March 2024
QAR KWD April 2024
QAR KWD May 2024
QAR KWD June 2024
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QAR KWD January 2025