Historic Romanian leu Kuwaiti Dinar

Romanian leu kuwaiti dinar history for November 2023. The highest quote for this month is 0.067996 (29/11/2023) and the lowest 0.068266 (29/11/2023). The difference between high and low is -0.4.

RON KWD average rate for November 2023 is 0.06703, the change between 01/11/2023 and 30/11/2023 is -3.36 %.

01 November 20231 RON = 0.0658 KWD
02 November 20231 RON = 0.0658 KWD
03 November 20231 RON = 0.0660 KWD
06 November 20231 RON = 0.0665 KWD
07 November 20231 RON = 0.0666 KWD
08 November 20231 RON = 0.0664 KWD
09 November 20231 RON = 0.0665 KWD
10 November 20231 RON = 0.0663 KWD
12 November 20231 RON = 0.0664 KWD
13 November 20231 RON = 0.0662 KWD
14 November 20231 RON = 0.0664 KWD
15 November 20231 RON = 0.0675 KWD
16 November 20231 RON = 0.0674 KWD
17 November 20231 RON = 0.0673 KWD
20 November 20231 RON = 0.0674 KWD
21 November 20231 RON = 0.0678 KWD
22 November 20231 RON = 0.0676 KWD
23 November 20231 RON = 0.0675 KWD
24 November 20231 RON = 0.0676 KWD
26 November 20231 RON = 0.0679 KWD
27 November 20231 RON = 0.0678 KWD
28 November 20231 RON = 0.0679 KWD
29 November 20231 RON = 0.0682 KWD
30 November 20231 RON = 0.0680 KWD

01/04/2019: Romania plans to adopt the euro

The Romanian government announces its intention to join the Eurozone and set a target date for adopting the euro as the national currency.

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.

01/06/2005: Currency redenomination

Romania underwent a currency redenomination, with 10,000 old lei being exchanged for 1 new leu, to simplify transactions and eliminate zeros.

01/07/2003: Romania joins EU Accession

As part of joining the European Union, Romania pledges to adopt the euro in the future, aiming for greater economic integration.

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.

28/02/1991: End of communist era

As communism collapsed, Romania undergoes economic reforms and introduces a free-floating exchange rate system for the leu.

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.

30/12/1947: Communist regime introduces new leu

In an attempt to devalue the currency and control the economy, the Communist regime introduces a new leu at a ratio of 1:20,000.

01/03/1901: Introduction of the gold standard

Romanian leu was tied to the gold standard, ensuring the stability of the currency and attracting foreign investments.

01/04/1867: Creation of the Romanian leu

The leu was established as the official currency of Romania, replacing the previous currencies in circulation.
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