Historic Pound sterling Kuwaiti Dinar

Pound sterling kuwaiti dinar history for January 2024. The highest quote for this month is 0.39181 (14/01/2024) and the lowest 0.39221 (12/01/2024). The difference between high and low is -0.1.

GBP KWD average rate for January 2024 is 0.39029, the change between 01/01/2024 and 31/01/2024 is +0.14 %.

01 January 20241 GBP = 0.3905 KWD
02 January 20241 GBP = 0.3905 KWD
03 January 20241 GBP = 0.3875 KWD
04 January 20241 GBP = 0.3891 KWD
05 January 20241 GBP = 0.3895 KWD
07 January 20241 GBP = 0.3912 KWD
08 January 20241 GBP = 0.3905 KWD
09 January 20241 GBP = 0.3912 KWD
10 January 20241 GBP = 0.3903 KWD
11 January 20241 GBP = 0.3913 KWD
12 January 20241 GBP = 0.3920 KWD
14 January 20241 GBP = 0.3918 KWD
15 January 20241 GBP = 0.3908 KWD
16 January 20241 GBP = 0.3902 KWD
17 January 20241 GBP = 0.3883 KWD
18 January 20241 GBP = 0.3897 KWD
19 January 20241 GBP = 0.3906 KWD
22 January 20241 GBP = 0.3903 KWD
23 January 20241 GBP = 0.3904 KWD
24 January 20241 GBP = 0.3899 KWD
25 January 20241 GBP = 0.3906 KWD
26 January 20241 GBP = 0.3904 KWD
28 January 20241 GBP = 0.3905 KWD
29 January 20241 GBP = 0.3900 KWD
30 January 20241 GBP = 0.3905 KWD
31 January 20241 GBP = 0.3900 KWD

23/06/2016: Brexit Referendum

The United Kingdom voted to leave the European Union, causing significant uncertainty and volatility in the pound sterling's value.

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.

31/12/1999: Establishment of the Euro

The euro was introduced as an electronic currency, paving the way for the eventual replacement of some national currencies, including the pound.

16/09/1992: Black Wednesday

The pound sterling experienced a severe drop in value and the UK was forced to withdraw from the European Exchange Rate Mechanism (ERM).

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.

14/02/1971: Decimalization of the Pound

The pound sterling was decimalized, with the old system of pounds, shillings and pence replaced by a decimal currency.

02/01/1961: Kuwaiti Dinar Introduced

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

06/12/1921: Currency Separation with Ireland

Following the Anglo-Irish Treaty, Ireland left the United Kingdom and established its own currency, leading to separate pound sterling notes.

21/12/1816: Gold Standard Introduced

The pound sterling was officially placed on the gold standard, meaning it was backed by a fixed amount of gold.

27/07/1694: Bank of England Established

The Bank of England was founded and granted a royal charter, becoming the central bank of England.
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