Historic Swiss franc Iraqi dinar

Swiss franc iraqi dinar history for February 2024. The highest quote for this month is 1512.28 (01/02/2024) and the lowest 1512.74 (04/02/2024). The difference between high and low is -0.03.

CHF IQD average rate for February 2024 is 1485.01292, the change between 01/02/2024 and 29/02/2024 is +4 %.

01 February 20241 CHF = 1516.80 IQD
02 February 20241 CHF = 1525.15 IQD
04 February 20241 CHF = 1511.72 IQD
05 February 20241 CHF = 1492.79 IQD
06 February 20241 CHF = 1474.17 IQD
07 February 20241 CHF = 1504.31 IQD
08 February 20241 CHF = 1495.58 IQD
09 February 20241 CHF = 1497.51 IQD
12 February 20241 CHF = 1465.40 IQD
13 February 20241 CHF = 1493.49 IQD
14 February 20241 CHF = 1473.95 IQD
15 February 20241 CHF = 1477.80 IQD
16 February 20241 CHF = 1486.70 IQD
19 February 20241 CHF = 1455.98 IQD
20 February 20241 CHF = 1452.21 IQD
21 February 20241 CHF = 1483.31 IQD
22 February 20241 CHF = 1487.63 IQD
23 February 20241 CHF = 1486.45 IQD
24 February 20241 CHF = 1486.49 IQD
25 February 20241 CHF = 1488.01 IQD
26 February 20241 CHF = 1453.77 IQD
27 February 20241 CHF = 1486.53 IQD
28 February 20241 CHF = 1488.39 IQD
29 February 20241 CHF = 1456.17 IQD

15/10/2018: Government Formation

The formation of a new Iraqi government after parliamentary elections brought hopes of stability and potential economic growth, positively impacting the Iraqi dinar.

15/01/2015: Removal of Minimum Exchange Rate

The Swiss National Bank unexpectedly abandoned the minimum exchange rate, causing the Swiss franc (CHF) to surge in value.

10/06/2014: ISIS captures Mosul

The capture of Mosul by ISIS led to a further devaluation of the Iraqi dinar and economic instability in the region.

06/09/2011: Implementation of Minimum Exchange Rate

The Swiss National Bank imposed a minimum exchange rate pegging the Swiss franc (CHF) to the Euro to prevent excessive appreciation.

15/10/2004: Introduction of New Iraqi Dinar

A new series of banknotes with enhanced security features was introduced to replace the previous Iraqi dinar notes.

20/03/2003: US-led Invasion of Iraq

The US-led invasion led to the collapse of the Iraqi government, causing instability and a sharp decline in the value of the Iraqi dinar.

13/09/1999: Introduction of Euro

Switzerland decided not to join the Eurozone and maintain the Swiss franc (CHF) as its official currency.

02/08/1990: Iraq invades Kuwait

Iraq's invasion of Kuwait resulted in international economic sanctions and further devaluation of the Iraqi dinar.

22/09/1980: Iran-Iraq War Begins

The Iran-Iraq war started, leading to significant economic challenges and inflation which impacted the Iraqi dinar.

08/05/1973: Floatation of Swiss Franc

Switzerland abandoned the fixed exchange rate system, allowing the Swiss franc (CHF) to float freely against other currencies.

01/05/1936: Introduction of Swiss National Bank

The Swiss National Bank was established as the central bank responsible for issuing and managing the Swiss franc (CHF).

03/10/1932: Independence of Iraq

The Iraqi dinar was introduced as the official currency of Iraq following its independence from British occupation.

24/11/1907: Gold Standard Referendum

Switzerland voted to adopt the gold standard, making the Swiss franc (CHF) fully convertible into gold.

06/06/1850: Currency Act of 1850

The Swiss franc (CHF) was introduced as the official currency of Switzerland.
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