Historic Iranian Rial Kuwaiti Dinar

Iranian Rial kuwaiti dinar history for August 2023. The highest quote for this month is 0.000007 (01/08/2023) and the lowest 0.000007 (01/08/2023). The difference between high and low is 0.

IRR KWD average rate for August 2023 is 0.00001, the change between 01/08/2023 and 31/08/2023 is 0 %.

01 August 20231 IRR = 0.0000 KWD
02 August 20231 IRR = 0.0000 KWD
03 August 20231 IRR = 0.0000 KWD
04 August 20231 IRR = 0.0000 KWD
07 August 20231 IRR = 0.0000 KWD
08 August 20231 IRR = 0.0000 KWD
09 August 20231 IRR = 0.0000 KWD
10 August 20231 IRR = 0.0000 KWD
11 August 20231 IRR = 0.0000 KWD
12 August 20231 IRR = 0.0000 KWD
14 August 20231 IRR = 0.0000 KWD
15 August 20231 IRR = 0.0000 KWD
16 August 20231 IRR = 0.0000 KWD
17 August 20231 IRR = 0.0000 KWD
18 August 20231 IRR = 0.0000 KWD
19 August 20231 IRR = 0.0000 KWD
20 August 20231 IRR = 0.0000 KWD
21 August 20231 IRR = 0.0000 KWD
22 August 20231 IRR = 0.0000 KWD
23 August 20231 IRR = 0.0000 KWD
24 August 20231 IRR = 0.0000 KWD
25 August 20231 IRR = 0.0000 KWD
27 August 20231 IRR = 0.0000 KWD
28 August 20231 IRR = 0.0000 KWD
29 August 20231 IRR = 0.0000 KWD
30 August 20231 IRR = 0.0000 KWD
31 August 20231 IRR = 0.0000 KWD

23/02/2020: COVID-19 Pandemic's Impact on the Iranian Rial

The COVID-19 pandemic, along with economic challenges, caused further depreciation of the Iranian Rial (IRR) against major currencies.

10/04/2018: Revaluation of the Iranian Rial

Iran's government announced a new currency exchange rate, devaluing the Iranian Rial (IRR) against foreign currencies.

24/09/2012: Imposition of International Sanctions on Iran

International sanctions were imposed on Iran, leading to a significant decline in the value of the Iranian Rial (IRR).

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.

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.

24/05/1989: Introduction of the Two-Tier Exchange Rate System

Iran implemented a two-tier exchange rate system, with different rates for essential goods and non-essential imports.

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.

26/10/1975: Floating of the Iranian Rial

The Iranian Rial (IRR) was allowed to float against foreign currencies, marking the end of the fixed exchange rate system.

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.

01/09/1957: Decimalization of the Iranian Rial

The Iranian Rial (IRR) was decimalized, dividing one Toman into 10 Rials to simplify the currency system.

01/04/1932: Introduction of the Iranian Rial

The Iranian Rial (IRR) was introduced as the official currency of Iran after replacing the Qiran.
IRR KWD August 2023
IRR KWD September 2023
IRR KWD October 2023
IRR KWD November 2023
IRR KWD December 2023
IRR KWD January 2024
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IRR KWD August 2024