Historic Kuwaiti Dinar Pound sterling

Kuwaiti Dinar pound sterling history for January 2024. The highest quote for this month is 2.5823 (17/01/2024) and the lowest 2.5749 (03/01/2024). The difference between high and low is 0.29.

KWD GBP average rate for January 2024 is 2.56222, the change between 01/01/2024 and 31/01/2024 is -0.14 %.

01 January 20241 KWD = 2.561 GBP
02 January 20241 KWD = 2.561 GBP
03 January 20241 KWD = 2.581 GBP
04 January 20241 KWD = 2.570 GBP
05 January 20241 KWD = 2.568 GBP
07 January 20241 KWD = 2.556 GBP
08 January 20241 KWD = 2.561 GBP
09 January 20241 KWD = 2.557 GBP
10 January 20241 KWD = 2.562 GBP
11 January 20241 KWD = 2.556 GBP
12 January 20241 KWD = 2.551 GBP
14 January 20241 KWD = 2.552 GBP
15 January 20241 KWD = 2.559 GBP
16 January 20241 KWD = 2.563 GBP
17 January 20241 KWD = 2.575 GBP
18 January 20241 KWD = 2.566 GBP
19 January 20241 KWD = 2.560 GBP
22 January 20241 KWD = 2.562 GBP
23 January 20241 KWD = 2.562 GBP
24 January 20241 KWD = 2.565 GBP
25 January 20241 KWD = 2.560 GBP
26 January 20241 KWD = 2.562 GBP
28 January 20241 KWD = 2.561 GBP
29 January 20241 KWD = 2.564 GBP
30 January 20241 KWD = 2.561 GBP
31 January 20241 KWD = 2.564 GBP

23/06/2016: Brexit Referendum

The United Kingdom voted to leave the European Union, causing significant uncertainty and volatility in the pound sterling's value.

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.

31/12/1999: Establishment of the Euro

The euro was introduced as an electronic currency, paving the way for the eventual replacement of some national currencies, including the pound.

16/09/1992: Black Wednesday

The pound sterling experienced a severe drop in value and the UK was forced to withdraw from the European Exchange Rate Mechanism (ERM).

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.

14/02/1971: Decimalization of the Pound

The pound sterling was decimalized, with the old system of pounds, shillings and pence replaced by a decimal currency.

02/01/1961: Kuwaiti Dinar Introduced

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

06/12/1921: Currency Separation with Ireland

Following the Anglo-Irish Treaty, Ireland left the United Kingdom and established its own currency, leading to separate pound sterling notes.

21/12/1816: Gold Standard Introduced

The pound sterling was officially placed on the gold standard, meaning it was backed by a fixed amount of gold.

27/07/1694: Bank of England Established

The Bank of England was founded and granted a royal charter, becoming the central bank of England.