Historic Kazakhstani tenge Kuwaiti Dinar

Kazakhstani tenge kuwaiti dinar history for February 2024. The highest quote for this month is 0.000691 (15/02/2024) and the lowest 0.000694 (12/02/2024). The difference between high and low is -0.43.

KZT KWD average rate for February 2024 is 0.00069, the change between 01/02/2024 and 29/02/2024 is 0 %.

01 February 20241 KZT = 0.0007 KWD
02 February 20241 KZT = 0.0007 KWD
03 February 20241 KZT = 0.0007 KWD
04 February 20241 KZT = 0.0007 KWD
05 February 20241 KZT = 0.0007 KWD
06 February 20241 KZT = 0.0007 KWD
07 February 20241 KZT = 0.0007 KWD
08 February 20241 KZT = 0.0007 KWD
09 February 20241 KZT = 0.0007 KWD
12 February 20241 KZT = 0.0007 KWD
13 February 20241 KZT = 0.0007 KWD
14 February 20241 KZT = 0.0007 KWD
15 February 20241 KZT = 0.0007 KWD
16 February 20241 KZT = 0.0007 KWD
17 February 20241 KZT = 0.0007 KWD
18 February 20241 KZT = 0.0007 KWD
19 February 20241 KZT = 0.0007 KWD
20 February 20241 KZT = 0.0007 KWD
21 February 20241 KZT = 0.0007 KWD
22 February 20241 KZT = 0.0007 KWD
23 February 20241 KZT = 0.0007 KWD
24 February 20241 KZT = 0.0007 KWD
25 February 20241 KZT = 0.0007 KWD
26 February 20241 KZT = 0.0007 KWD
27 February 20241 KZT = 0.0007 KWD
28 February 20241 KZT = 0.0007 KWD
29 February 20241 KZT = 0.0007 KWD

13/12/2021: Introduction of New Banknotes and Coins

New banknotes and coins were introduced, featuring updated designs, improved security features, and denominations. This aims to enhance the efficiency of cash transactions.

03/04/2017: Transition to Free Float

After gradually reducing interventions, Kazakhstan fully transitioned to a free float exchange rate for the tenge, allowing the market to determine its value.

20/08/2015: Tenge Devaluation

Kazakhstan devalued the tenge by around 30% due to falling oil prices and economic instability. This move aimed to boost exports and protect the economy.

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.

19/04/2004: Introduction of New Banknotes

New banknotes with enhanced security features and updated designs were introduced to combat counterfeiting and modernize 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.

04/10/1999: Floating Exchange Rate

Kazakhstan switched to a floating exchange rate regime, allowing the tenge to fluctuate freely based on market supply and demand.

15/02/1994: Denomination of Tenge

The tenge underwent a 10,000-fold denomination, where 1 new tenge was equal to 10,000 old tenge. This was done to simplify currency handling and eliminate excessive zeros.

15/11/1993: Introduction of Kazakhstani Tenge

The Kazakhstani tenge was introduced as the new currency of Kazakhstan, replacing the Soviet ruble. The exchange rate was set at 1 tenge = 500 rubles.

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.

02/01/1961: Kuwaiti Dinar Introduced

The Kuwaiti Dinar (KWD) was officially introduced as the currency of Kuwait, replacing the Gulf Rupee.
KZT KWD January 2024
KZT KWD February 2024
KZT KWD March 2024
KZT KWD April 2024
KZT KWD May 2024
KZT KWD June 2024
KZT KWD July 2024
KZT KWD August 2024
KZT KWD September 2024
KZT KWD October 2024
KZT KWD November 2024
KZT KWD December 2024
KZT KWD January 2025