Historic Kuwaiti Dinar Hungarian forint

Kuwaiti Dinar hungarian forint history for August 2023. The highest quote for this month is 1174.15 (03/08/2023) and the lowest 1154.59 (03/08/2023). The difference between high and low is 1.67.

KWD HUF average rate for August 2023 is 1147.35885, the change between 01/08/2023 and 31/08/2023 is +1.66 %.

01 August 20231 KWD = 1147.71 HUF
02 August 20231 KWD = 1149.86 HUF
03 August 20231 KWD = 1154.49 HUF
04 August 20231 KWD = 1168.31 HUF
07 August 20231 KWD = 1151.13 HUF
08 August 20231 KWD = 1148.64 HUF
09 August 20231 KWD = 1157.49 HUF
10 August 20231 KWD = 1151.90 HUF
11 August 20231 KWD = 1141.71 HUF
12 August 20231 KWD = 1137.42 HUF
14 August 20231 KWD = 1137.65 HUF
15 August 20231 KWD = 1146.29 HUF
16 August 20231 KWD = 1157.89 HUF
17 August 20231 KWD = 1156.69 HUF
18 August 20231 KWD = 1150.99 HUF
19 August 20231 KWD = 1141.38 HUF
20 August 20231 KWD = 1141.15 HUF
21 August 20231 KWD = 1143.52 HUF
22 August 20231 KWD = 1141.39 HUF
23 August 20231 KWD = 1146.77 HUF
24 August 20231 KWD = 1143.61 HUF
25 August 20231 KWD = 1152.23 HUF
28 August 20231 KWD = 1146.79 HUF
29 August 20231 KWD = 1149.61 HUF
30 August 20231 KWD = 1138.10 HUF
31 August 20231 KWD = 1128.61 HUF

09/03/2012: Introduction of New Banknotes

Hungary introduced new banknotes with enhanced security features, aiming to combat counterfeiting and improve the forint's credibility.

23/10/2008: Global Financial Crisis

The global financial crisis had a significant impact on the Hungarian forint, resulting in a significant depreciation against major foreign currencies.

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.

01/05/2004: Accession to the European Union

Hungary joined the European Union, bringing the forint closer to the eurozone and influencing its future trajectory as an EU 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.

28/02/2001: Currency Exchange Rate Stability

The Hungarian government adopted a policy of maintaining a stable exchange rate for the forint against the euro, contributing to the currency's stability.

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.

16/06/1989: Transition to a Market Economy

Hungary implemented economic reforms, including the transition from a planned economy to a market economy, with significant impacts on the forint's value and exchange rate.

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.

20/08/1949: Forint becomes a planned economy currency

Hungary's currency, including the forint, became part of the planned socialist economy under the control of the Hungarian Workers' Party.

03/08/1946: Introduction of the Forint

The forint was introduced as the official currency of Hungary, replacing the previous pengő, which had been severely devalued during World War II.