Historic Kuwaiti Dinar Egyptian Pound

Kuwaiti Dinar egyptian pound history for January 2024. The highest quote for this month is 101.12 (02/01/2024) and the lowest 100.59 (09/01/2024). The difference between high and low is 0.52.

KWD EGP average rate for January 2024 is 100.46222, the change between 01/01/2024 and 31/01/2024 is +0.07 %.

01 January 20241 KWD = 100.7 EGP
02 January 20241 KWD = 101.1 EGP
03 January 20241 KWD = 100.6 EGP
04 January 20241 KWD = 100.6 EGP
05 January 20241 KWD = 100.2 EGP
06 January 20241 KWD = 99.97 EGP
07 January 20241 KWD = 99.97 EGP
08 January 20241 KWD = 99.62 EGP
09 January 20241 KWD = 100.6 EGP
10 January 20241 KWD = 100.6 EGP
11 January 20241 KWD = 100.5 EGP
12 January 20241 KWD = 100.6 EGP
14 January 20241 KWD = 100.4 EGP
15 January 20241 KWD = 100.7 EGP
16 January 20241 KWD = 100.8 EGP
17 January 20241 KWD = 100.5 EGP
18 January 20241 KWD = 100.4 EGP
19 January 20241 KWD = 100.4 EGP
22 January 20241 KWD = 100.1 EGP
23 January 20241 KWD = 100.5 EGP
24 January 20241 KWD = 100.5 EGP
25 January 20241 KWD = 100.5 EGP
26 January 20241 KWD = 100.5 EGP
28 January 20241 KWD = 100.5 EGP
29 January 20241 KWD = 100.5 EGP
30 January 20241 KWD = 100.5 EGP
31 January 20241 KWD = 100.6 EGP

03/11/2020: Economic Impact of COVID-19

The COVID-19 pandemic caused economic disruptions globally, affecting the Egyptian Pound's exchange rate and foreign reserves.

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.

14/11/1999: Liberalization of Exchange Rate

The Egyptian government implemented a managed float exchange rate system, allowing the Pound to fluctuate based on market forces.

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.

12/08/1987: Introduction of New Egyptian Pound

A new Egyptian Pound banknote was introduced to combat counterfeiting and improve security features.

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.

14/09/1962: Devaluation of the Pound

The Egyptian government devalued the Pound by 55%, leading to a significant decrease in its value.

02/01/1961: Kuwaiti Dinar Introduced

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

23/07/1952: Overthrow of the Monarchy

The Egyptian monarchy was overthrown, leading to political and economic changes that affected the value of the Egyptian Pound.

02/05/1885: Establishment of Central Bank of Egypt

The Central Bank of Egypt was established to regulate the currency and banking system in Egypt.

29/07/1834: Introduction of Egyptian Pound

The Egyptian Pound was introduced as the official currency of Egypt, replacing the piastre.