Historic Kuwaiti Dinar United States dollar

Kuwaiti Dinar united states dollar history for August 2023. The highest quote for this month is 3.2562 (04/08/2023) and the lowest 3.2612 (01/08/2023). The difference between high and low is -0.15.

KWD USD average rate for August 2023 is 3.25411, the change between 01/08/2023 and 31/08/2023 is +0.48 %.

01 August 20231 KWD = 3.261 USD
04 August 20231 KWD = 3.257 USD
07 August 20231 KWD = 3.257 USD
08 August 20231 KWD = 3.258 USD
10 August 20231 KWD = 3.255 USD
12 August 20231 KWD = 3.251 USD
14 August 20231 KWD = 3.256 USD
15 August 20231 KWD = 3.255 USD
17 August 20231 KWD = 3.254 USD
20 August 20231 KWD = 3.248 USD
21 August 20231 KWD = 3.252 USD
28 August 20231 KWD = 3.246 USD

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.

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.

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.

02/01/1961: Kuwaiti Dinar Introduced

The Kuwaiti Dinar (KWD) was officially introduced as the currency of Kuwait, replacing the Gulf Rupee.