Historic Egyptian Pound Kuwaiti Dinar

Egyptian Pound kuwaiti dinar history for February 2024. The highest quote for this month is 0.009984 (17/02/2024) and the lowest 0.010018 (12/02/2024). The difference between high and low is -0.34.

EGP KWD average rate for February 2024 is 0.00996, the change between 01/02/2024 and 29/02/2024 is +0.07 %.

01 February 20241 EGP = 0.0099 KWD
02 February 20241 EGP = 0.0099 KWD
03 February 20241 EGP = 0.0100 KWD
04 February 20241 EGP = 0.0100 KWD
05 February 20241 EGP = 0.0099 KWD
06 February 20241 EGP = 0.0100 KWD
07 February 20241 EGP = 0.0100 KWD
08 February 20241 EGP = 0.0100 KWD
09 February 20241 EGP = 0.0100 KWD
12 February 20241 EGP = 0.0100 KWD
13 February 20241 EGP = 0.0100 KWD
14 February 20241 EGP = 0.0100 KWD
15 February 20241 EGP = 0.0100 KWD
16 February 20241 EGP = 0.0100 KWD
17 February 20241 EGP = 0.0100 KWD
18 February 20241 EGP = 0.0100 KWD
19 February 20241 EGP = 0.0100 KWD
20 February 20241 EGP = 0.0100 KWD
21 February 20241 EGP = 0.0099 KWD
22 February 20241 EGP = 0.0099 KWD
23 February 20241 EGP = 0.0100 KWD
24 February 20241 EGP = 0.0100 KWD
25 February 20241 EGP = 0.0099 KWD
26 February 20241 EGP = 0.0100 KWD
27 February 20241 EGP = 0.0099 KWD
28 February 20241 EGP = 0.0100 KWD
29 February 20241 EGP = 0.0099 KWD

03/11/2020: Economic Impact of COVID-19

The COVID-19 pandemic caused economic disruptions globally, affecting the Egyptian Pound's exchange rate and foreign reserves.

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.

14/11/1999: Liberalization of Exchange Rate

The Egyptian government implemented a managed float exchange rate system, allowing the Pound to fluctuate based on market forces.

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.

12/08/1987: Introduction of New Egyptian Pound

A new Egyptian Pound banknote was introduced to combat counterfeiting and improve security features.

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.

14/09/1962: Devaluation of the Pound

The Egyptian government devalued the Pound by 55%, leading to a significant decrease in its value.

02/01/1961: Kuwaiti Dinar Introduced

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

23/07/1952: Overthrow of the Monarchy

The Egyptian monarchy was overthrown, leading to political and economic changes that affected the value of the Egyptian Pound.

02/05/1885: Establishment of Central Bank of Egypt

The Central Bank of Egypt was established to regulate the currency and banking system in Egypt.

29/07/1834: Introduction of Egyptian Pound

The Egyptian Pound was introduced as the official currency of Egypt, replacing the piastre.