Historic South Korean Won Kuwaiti Dinar

South Korean Won kuwaiti dinar history for February 2024. The highest quote for this month is 0.000232 (07/02/2024) and the lowest 0.000238 (09/02/2024). The difference between high and low is -2.59.

KRW KWD average rate for February 2024 is 0.00023, the change between 01/02/2024 and 29/02/2024 is 0 %.

01 February 20241 KRW = 0.0002 KWD
02 February 20241 KRW = 0.0002 KWD
03 February 20241 KRW = 0.0002 KWD
04 February 20241 KRW = 0.0002 KWD
05 February 20241 KRW = 0.0002 KWD
06 February 20241 KRW = 0.0002 KWD
07 February 20241 KRW = 0.0002 KWD
08 February 20241 KRW = 0.0002 KWD
09 February 20241 KRW = 0.0002 KWD
12 February 20241 KRW = 0.0002 KWD
13 February 20241 KRW = 0.0002 KWD
14 February 20241 KRW = 0.0002 KWD
15 February 20241 KRW = 0.0002 KWD
16 February 20241 KRW = 0.0002 KWD
17 February 20241 KRW = 0.0002 KWD
18 February 20241 KRW = 0.0002 KWD
19 February 20241 KRW = 0.0002 KWD
20 February 20241 KRW = 0.0002 KWD
21 February 20241 KRW = 0.0002 KWD
22 February 20241 KRW = 0.0002 KWD
23 February 20241 KRW = 0.0002 KWD
24 February 20241 KRW = 0.0002 KWD
25 February 20241 KRW = 0.0002 KWD
26 February 20241 KRW = 0.0002 KWD
27 February 20241 KRW = 0.0002 KWD
28 February 20241 KRW = 0.0002 KWD
29 February 20241 KRW = 0.0002 KWD

27/10/2008: Global Financial Crisis

The Korean Won faced significant volatility during the global financial crisis, as global markets tumbled and investor confidence wavered.

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.

01/01/1998: Establishment of IMF Program

South Korea agreed to an International Monetary Fund (IMF) bailout package, which stabilized the value of the Korean Won and initiated economic reforms.

03/12/1997: Asian Financial Crisis

The Korean Won experienced a sharp depreciation during the Asian Financial Crisis, causing severe economic hardships and requiring international assistance.

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.

27/02/1980: Declaration of Martial Law

Amidst political turmoil, President Chun Doo-hwan declared martial law, causing economic instability and impacting the value of the Korean Won.

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.

22/06/1962: Introduction of the Hwan

To combat inflation, the South Korean government introduced the Hwan as the new currency, replacing the old Korean Won.

02/01/1961: Kuwaiti Dinar Introduced

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

27/07/1953: Armistice Agreement

Following the Korean War, the Armistice Agreement was signed, stabilizing the region and aiding in the recovery of the Korean Won.

15/08/1945: Liberation from Japanese Rule

Upon the end of Japanese colonial rule, the Korean Won was introduced as the official currency of South Korea.
KRW KWD August 2023
KRW KWD September 2023
KRW KWD October 2023
KRW KWD November 2023
KRW KWD December 2023
KRW KWD January 2024
KRW KWD February 2024
KRW KWD March 2024
KRW KWD April 2024
KRW KWD May 2024
KRW KWD June 2024
KRW KWD July 2024
KRW KWD August 2024