Historic Kuwaiti Dinar Brazilian Real

Kuwaiti Dinar brazilian real history for February 2024. The highest quote for this month is 16.307 (05/02/2024) and the lowest 16.24 (24/02/2024). The difference between high and low is 0.41.

KWD BRL average rate for February 2024 is 16.14, the change between 01/02/2024 and 29/02/2024 is -0.26 %.

01 February 20241 KWD = 16.13 BRL
02 February 20241 KWD = 16.01 BRL
03 February 20241 KWD = 16.18 BRL
04 February 20241 KWD = 16.18 BRL
05 February 20241 KWD = 16.06 BRL
06 February 20241 KWD = 16.11 BRL
07 February 20241 KWD = 16.15 BRL
08 February 20241 KWD = 16.17 BRL
09 February 20241 KWD = 16.23 BRL
12 February 20241 KWD = 16.11 BRL
13 February 20241 KWD = 16.11 BRL
14 February 20241 KWD = 16.09 BRL
15 February 20241 KWD = 16.14 BRL
16 February 20241 KWD = 16.17 BRL
17 February 20241 KWD = 16.13 BRL
18 February 20241 KWD = 16.13 BRL
19 February 20241 KWD = 16.15 BRL
20 February 20241 KWD = 16.12 BRL
21 February 20241 KWD = 16.03 BRL
22 February 20241 KWD = 16.06 BRL
23 February 20241 KWD = 16.15 BRL
24 February 20241 KWD = 16.24 BRL
25 February 20241 KWD = 16.24 BRL
26 February 20241 KWD = 16.25 BRL
27 February 20241 KWD = 16.21 BRL
28 February 20241 KWD = 16.06 BRL
29 February 20241 KWD = 16.17 BRL

15/08/2018: Elections and Political Uncertainty

The Real experienced significant volatility leading up to the Presidential elections, responding to political developments and market sentiment.

22/01/2015: Real Hits 10-Year Low

The Real reached its lowest level against the US dollar in a decade, primarily due to a decline in commodity prices and economic concerns.

15/09/2008: Global Financial Crisis Impact

As a consequence of the global financial crisis, the Brazilian Real faced a sharp depreciation against major currencies due to capital outflows and risk aversion.

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.

27/07/2005: New Currency Symbol

The Central Bank of Brazil announced a public competition to select a new currency symbol, which resulted in the adoption of the official symbol for the Real.

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.

18/06/2002: Exchange Rate Floatation

The Brazilian government allowed the Real to float freely against other currencies, abandoning the controlled exchange rate regime.

15/01/1999: Devaluation of the Real

Due to the Russian financial crisis and the Asian financial crisis, the government devalued the Real by around 8% to boost exports and stimulate the economy.

01/07/1994: Introduction of the Real Plan

The Brazilian real was established as the official currency, replacing the hyperinflation-ridden Cruzeiro Real. It aimed to stabilize the economy and combat inflation.

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.
KWD BRL July 2023
KWD BRL August 2023
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KWD BRL February 2024
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