Historic Kuwaiti Dinar Cuban peso

Kuwaiti Dinar cuban peso history for February 2024. The highest quote for this month is 78.776 (05/02/2024) and the lowest 78.125 (03/02/2024). The difference between high and low is 0.83.

KWD CUP average rate for February 2024 is 78.02233, the change between 01/02/2024 and 29/02/2024 is +0.08 %.

01 February 20241 KWD = 77.94 CUP
02 February 20241 KWD = 78.06 CUP
03 February 20241 KWD = 78.13 CUP
04 February 20241 KWD = 78.13 CUP
05 February 20241 KWD = 78.78 CUP
06 February 20241 KWD = 78.09 CUP
07 February 20241 KWD = 78.06 CUP
08 February 20241 KWD = 78.00 CUP
09 February 20241 KWD = 78.01 CUP
12 February 20241 KWD = 77.91 CUP
13 February 20241 KWD = 77.97 CUP
14 February 20241 KWD = 77.91 CUP
15 February 20241 KWD = 77.90 CUP
16 February 20241 KWD = 77.94 CUP
17 February 20241 KWD = 77.92 CUP
18 February 20241 KWD = 77.92 CUP
19 February 20241 KWD = 77.97 CUP
20 February 20241 KWD = 77.96 CUP
21 February 20241 KWD = 78.02 CUP
22 February 20241 KWD = 78.03 CUP
23 February 20241 KWD = 78.03 CUP
24 February 20241 KWD = 78.05 CUP
25 February 20241 KWD = 78.05 CUP
26 February 20241 KWD = 77.96 CUP
27 February 20241 KWD = 78.01 CUP
28 February 20241 KWD = 78.01 CUP
29 February 20241 KWD = 77.88 CUP

01/01/2021: End of Monetary Dualism

The Cuban government completed the currency unification process, eliminating the convertible peso (CUC) and establishing a single currency system with the Cuban peso (CUP).

20/12/2013: Currency Unification Implementation

The Cuban government officially started the process of currency unification, gradually phasing out the convertible peso (CUC) and improving monetary policy.

25/10/2011: Currency Unification Announced

The Cuban government announced plans to eliminate the dual currency system and unify the CUP and CUC.

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.

08/12/2004: Elimination of US Dollar Circulation

The Cuban government announced the withdrawal of the US dollar as legal tender and introduced the convertible peso (CUC) as a replacement.

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.

07/12/1994: Dollarization Decree

Cubans were allowed to hold and transact in foreign currencies, primarily the US dollar, to counter the economic crisis.

01/08/1994: Special Period

The Cuban economy faced a severe crisis due to the collapse of the Soviet Union, leading to currency devaluation and economic reforms.

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.

01/01/1961: Nationalization of Banks

The Cuban government nationalized all private and foreign-owned banks, including their currency holdings.
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