Historic Cayman Islands dollar Kuwaiti Dinar

Cayman Islands dollar kuwaiti dinar history for January 2024. The highest quote for this month is 0.37772 (18/01/2024) and the lowest 0.37768 (08/01/2024). The difference between high and low is 0.01.

KYD KWD average rate for January 2024 is 0.37652, the change between 01/01/2024 and 31/01/2024 is -0.39 %.

01 January 20241 KYD = 0.3756 KWD
02 January 20241 KYD = 0.3752 KWD
03 January 20241 KYD = 0.3765 KWD
04 January 20241 KYD = 0.3770 KWD
05 January 20241 KYD = 0.3768 KWD
06 January 20241 KYD = 0.3751 KWD
07 January 20241 KYD = 0.3751 KWD
08 January 20241 KYD = 0.3778 KWD
09 January 20241 KYD = 0.3767 KWD
10 January 20241 KYD = 0.3768 KWD
11 January 20241 KYD = 0.3767 KWD
12 January 20241 KYD = 0.3763 KWD
14 January 20241 KYD = 0.3746 KWD
15 January 20241 KYD = 0.3770 KWD
16 January 20241 KYD = 0.3769 KWD
17 January 20241 KYD = 0.3765 KWD
18 January 20241 KYD = 0.3772 KWD
19 January 20241 KYD = 0.3771 KWD
22 January 20241 KYD = 0.3774 KWD
23 January 20241 KYD = 0.3771 KWD
24 January 20241 KYD = 0.3772 KWD
25 January 20241 KYD = 0.3769 KWD
26 January 20241 KYD = 0.3768 KWD
28 January 20241 KYD = 0.3751 KWD
29 January 20241 KYD = 0.3765 KWD
30 January 20241 KYD = 0.3771 KWD
31 January 20241 KYD = 0.3770 KWD

01/01/2010: Removal of 1 cent coin from circulation

Due to its low purchasing power and production costs, the 1 cent coin was withdrawn from circulation in the Cayman Islands.

01/11/2007: Transition from Crown Dependencies to Overseas Countries and Territories

The Cayman Islands, including its currency, transitioned from being labeled as a Crown Dependency to an Overseas Country and Territory.

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.

01/01/2001: Issuance of New Banknotes and Coins

New banknotes and coins with enhanced security features were introduced to combat counterfeiting.

01/01/1999: Introduction of Cayman Islands Currency Law

The Cayman Islands Currency Law was enacted to provide a legal framework for the issuance and regulation of the currency.

01/07/1997: Pegging of the Cayman Islands Dollar to the US Dollar

The Cayman Islands dollar was pegged to the US dollar at a fixed exchange rate of KYD 1.00 = USD 1.20.

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.

07/11/1974: Creation of the Cayman Islands Monetary Authority

The Cayman Islands Monetary Authority was established as the central bank responsible for regulating the currency and financial institutions.

01/01/1972: Introduction of Cayman Islands Dollar

The Cayman Islands dollar was first introduced as the official currency, replacing the Jamaican dollar.

02/01/1961: Kuwaiti Dinar Introduced

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