Historic United States dollar Kuwaiti Dinar

United States dollar kuwaiti dinar history for August 2023. The highest quote for this month is 0.30812 (28/08/2023) and the lowest 0.30798 (28/08/2023). The difference between high and low is 0.05.

USD KWD average rate for August 2023 is 0.3073, the change between 01/08/2023 and 31/08/2023 is -0.49 %.

01 August 20231 USD = 0.3066 KWD
04 August 20231 USD = 0.3071 KWD
07 August 20231 USD = 0.3070 KWD
08 August 20231 USD = 0.3070 KWD
10 August 20231 USD = 0.3072 KWD
12 August 20231 USD = 0.3076 KWD
14 August 20231 USD = 0.3071 KWD
15 August 20231 USD = 0.3072 KWD
17 August 20231 USD = 0.3073 KWD
20 August 20231 USD = 0.3079 KWD
21 August 20231 USD = 0.3075 KWD
28 August 20231 USD = 0.3081 KWD

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.