Historically, Dayara Bugyal was used by local shepherds as grazing land for their livestock. The name 'Bugyal' itself means 'high altitude meadow' in the local language. While there isn't a documented grand historical event directly linked to Dayara Bugyal, its significance lies in its traditional use and the cultural connection the local communities have with the land. The area remained relatively unknown to mainstream tourism until recent decades when its natural beauty and trekking potential were recognized. Efforts have been made to promote sustainable tourism and preserve the fragile ecosystem of the meadow. The local villagers still use the meadows for grazing their cattle.