Historic Cayman Islands dollar Kuwaiti Dinar

Cayman Islands dollar kuwaiti dinar history for July 2023. The highest quote for this month is 0.37721 (03/07/2023) and the lowest 0.37893 (13/07/2023). The difference between high and low is -0.46.

KYD KWD average rate for July 2023 is 0.37636, the change between 01/07/2023 and 31/07/2023 is +0.44 %.

03 July 20231 KYD = 0.3791 KWD
04 July 20231 KYD = 0.3770 KWD
05 July 20231 KYD = 0.3762 KWD
06 July 20231 KYD = 0.3766 KWD
07 July 20231 KYD = 0.3764 KWD
10 July 20231 KYD = 0.3789 KWD
11 July 20231 KYD = 0.3759 KWD
12 July 20231 KYD = 0.3754 KWD
13 July 20231 KYD = 0.3791 KWD
14 July 20231 KYD = 0.3750 KWD
17 July 20231 KYD = 0.3758 KWD
18 July 20231 KYD = 0.3753 KWD
19 July 20231 KYD = 0.3751 KWD
20 July 20231 KYD = 0.3752 KWD
21 July 20231 KYD = 0.3757 KWD
24 July 20231 KYD = 0.3763 KWD
25 July 20231 KYD = 0.3762 KWD
26 July 20231 KYD = 0.3757 KWD
27 July 20231 KYD = 0.3757 KWD
28 July 20231 KYD = 0.3758 KWD
31 July 20231 KYD = 0.3775 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Due to its low purchasing power and production costs, the 1 cent coin was withdrawn from circulation in the Cayman Islands.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.