Historic Danish Krone Kuwaiti Dinar

Danish Krone kuwaiti dinar history for February 2024. The highest quote for this month is 0.044693 (27/02/2024) and the lowest 0.04486 (02/02/2024). The difference between high and low is -0.37.

DKK KWD average rate for February 2024 is 0.04451, the change between 01/02/2024 and 29/02/2024 is -0.39 %.

01 February 20241 DKK = 0.0445 KWD
02 February 20241 DKK = 0.0448 KWD
03 February 20241 DKK = 0.0445 KWD
04 February 20241 DKK = 0.0445 KWD
05 February 20241 DKK = 0.0444 KWD
06 February 20241 DKK = 0.0443 KWD
07 February 20241 DKK = 0.0443 KWD
08 February 20241 DKK = 0.0444 KWD
09 February 20241 DKK = 0.0445 KWD
12 February 20241 DKK = 0.0445 KWD
13 February 20241 DKK = 0.0444 KWD
14 February 20241 DKK = 0.0442 KWD
15 February 20241 DKK = 0.0443 KWD
16 February 20241 DKK = 0.0444 KWD
17 February 20241 DKK = 0.0445 KWD
18 February 20241 DKK = 0.0445 KWD
19 February 20241 DKK = 0.0445 KWD
20 February 20241 DKK = 0.0444 KWD
21 February 20241 DKK = 0.0446 KWD
22 February 20241 DKK = 0.0446 KWD
23 February 20241 DKK = 0.0446 KWD
25 February 20241 DKK = 0.0447 KWD
26 February 20241 DKK = 0.0446 KWD
27 February 20241 DKK = 0.0447 KWD
28 February 20241 DKK = 0.0447 KWD
29 February 20241 DKK = 0.0447 KWD

04/02/2021: Ending of Intervention Policy

Denmark's central bank announced the end of its long-standing policy of defending the Krone's peg to the Euro.

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.

19/09/2000: Referendum on Euro Membership

Danish voters rejected adopting the Euro in a referendum, maintaining the Krone as the national currency.

31/12/1998: Euro peg

Denmark joined the European Exchange Rate Mechanism (ERM II), pegging the Krone to the Euro with a narrow fluctuation band.

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.

24/03/1982: Floating Exchange Rate

Denmark switched to a floating exchange rate regime, allowing the Krone's value to be determined by market forces.

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.

21/07/1944: Bretton Woods Agreement

Denmark became a member of the International Monetary Fund (IMF) and agreed to the Bretton Woods system, pegging the Krone to the US dollar.

10/09/1927: Return to Gold Standard

Denmark abandoned the gold standard due to economic pressures and public debt.

31/12/1872: Pegging to Gold Standard

The Danish Krone was pegged to the gold standard, fixing its value in relation to gold.
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