Azerbaijani manat kuwaiti dinar exchange rate history (AZN KWD) February 2024

Azerbaijani manat kuwaiti dinar history for February 2024. The highest quote for this month is 0.18133 (15/02/2024) and the lowest 0.18099 (14/02/2024). The difference between high and low is 0.19.

AZN KWD average rate for February 2024 is 0.18084, the change between 01/02/2024 and 29/02/2024 is -0.05 %.

01 February 2024	1 AZN = 0.1807 KWD
02 February 2024	1 AZN = 0.1807 KWD
05 February 2024	1 AZN = 0.1807 KWD
06 February 2024	1 AZN = 0.1808 KWD
07 February 2024	1 AZN = 0.1808 KWD
08 February 2024	1 AZN = 0.1809 KWD
09 February 2024	1 AZN = 0.1809 KWD
12 February 2024	1 AZN = 0.1809 KWD
13 February 2024	1 AZN = 0.1809 KWD
14 February 2024	1 AZN = 0.1811 KWD
15 February 2024	1 AZN = 0.1811 KWD
16 February 2024	1 AZN = 0.1809 KWD
19 February 2024	1 AZN = 0.1809 KWD
20 February 2024	1 AZN = 0.1809 KWD
21 February 2024	1 AZN = 0.1808 KWD
22 February 2024	1 AZN = 0.1808 KWD
23 February 2024	1 AZN = 0.1808 KWD
26 February 2024	1 AZN = 0.1808 KWD
27 February 2024	1 AZN = 0.1808 KWD
28 February 2024	1 AZN = 0.1808 KWD
29 February 2024	1 AZN = 0.1807 KWD

31/12/2020: Digital Currency Pilot

Azerbaijan launched a pilot program to test the use of a digital currency, the digital manat, in an effort to modernize its financial system.

20/12/2017: Second Devaluation

The manat faced another devaluation, this time by around 30%, due to economic challenges and a sharp drop in oil prices.

20/12/2015: Devaluation

The manat was devalued by more than 30% against the US dollar in response to falling oil prices.

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.

20/02/2005: Pegged to US Dollar

The Azerbaijani manat was pegged to the US dollar at a rate of 1.6 manat per dollar.

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.

14/06/2001: Currency Reform

A currency reform was implemented, resulting in a new manat with a higher exchange rate.

31/12/1993: Hyperinflation

Azerbaijan experienced a period of hyperinflation, leading to the devaluation of the manat.

14/08/1992: Introduction of Manat

The Azerbaijani manat currency was introduced as the official currency of Azerbaijan, replacing the Soviet ruble.

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.

Historic Azerbaijani manat Kuwaiti Dinar