Historic Kuwaiti Dinar Cayman Islands dollar

Kuwaiti Dinar cayman islands dollar history for February 2024. The highest quote for this month is 2.6781 (05/02/2024) and the lowest 2.6693 (03/02/2024). The difference between high and low is 0.33.

KWD KYD average rate for February 2024 is 2.65507, the change between 01/02/2024 and 29/02/2024 is +0.09 %.

01 February 20241 KWD = 2.650 KYD
02 February 20241 KWD = 2.653 KYD
03 February 20241 KWD = 2.669 KYD
04 February 20241 KWD = 2.669 KYD
05 February 20241 KWD = 2.678 KYD
06 February 20241 KWD = 2.654 KYD
07 February 20241 KWD = 2.653 KYD
08 February 20241 KWD = 2.651 KYD
09 February 20241 KWD = 2.651 KYD
12 February 20241 KWD = 2.648 KYD
13 February 20241 KWD = 2.650 KYD
14 February 20241 KWD = 2.648 KYD
15 February 20241 KWD = 2.647 KYD
16 February 20241 KWD = 2.649 KYD
17 February 20241 KWD = 2.662 KYD
18 February 20241 KWD = 2.662 KYD
19 February 20241 KWD = 2.650 KYD
20 February 20241 KWD = 2.650 KYD
21 February 20241 KWD = 2.652 KYD
22 February 20241 KWD = 2.652 KYD
23 February 20241 KWD = 2.653 KYD
24 February 20241 KWD = 2.667 KYD
25 February 20241 KWD = 2.667 KYD
26 February 20241 KWD = 2.650 KYD
27 February 20241 KWD = 2.652 KYD
28 February 20241 KWD = 2.652 KYD
29 February 20241 KWD = 2.647 KYD

01/01/2010: Removal of 1 cent coin from circulation

Due to its low purchasing power and production costs, the 1 cent coin was withdrawn from circulation in the Cayman Islands.

01/11/2007: Transition from Crown Dependencies to Overseas Countries and Territories

The Cayman Islands, including its currency, transitioned from being labeled as a Crown Dependency to an Overseas Country and Territory.

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.

01/01/2001: Issuance of New Banknotes and Coins

New banknotes and coins with enhanced security features were introduced to combat counterfeiting.

01/01/1999: Introduction of Cayman Islands Currency Law

The Cayman Islands Currency Law was enacted to provide a legal framework for the issuance and regulation of the currency.

01/07/1997: Pegging of the Cayman Islands Dollar to the US Dollar

The Cayman Islands dollar was pegged to the US dollar at a fixed exchange rate of KYD 1.00 = USD 1.20.

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.

07/11/1974: Creation of the Cayman Islands Monetary Authority

The Cayman Islands Monetary Authority was established as the central bank responsible for regulating the currency and financial institutions.

01/01/1972: Introduction of Cayman Islands Dollar

The Cayman Islands dollar was first introduced as the official currency, replacing the Jamaican dollar.

02/01/1961: Kuwaiti Dinar Introduced

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