Kuwaiti Dinar iranian rial exchange rate history (KWD IRR) December 2023

Kuwaiti Dinar iranian rial history for December 2023. The highest quote for this month is 137009.7 (25/12/2023) and the lowest 137108.1 (28/12/2023). The difference between high and low is -0.07.

KWD IRR average rate for December 2023 is 136595.02963, the change between 01/12/2023 and 31/12/2023 is -0.55 %.

01 December 2023	1 KWD = 136222.10 IRR
02 December 2023	1 KWD = 136045.60 IRR
04 December 2023	1 KWD = 136261.90 IRR
05 December 2023	1 KWD = 136164.70 IRR
06 December 2023	1 KWD = 136281.10 IRR
07 December 2023	1 KWD = 136387.20 IRR
08 December 2023	1 KWD = 136474.40 IRR
10 December 2023	1 KWD = 136230.90 IRR
11 December 2023	1 KWD = 136506.90 IRR
12 December 2023	1 KWD = 136354.80 IRR
13 December 2023	1 KWD = 136456.70 IRR
14 December 2023	1 KWD = 136572.00 IRR
15 December 2023	1 KWD = 136790.00 IRR
16 December 2023	1 KWD = 136629.80 IRR
17 December 2023	1 KWD = 136629.80 IRR
18 December 2023	1 KWD = 136758.80 IRR
19 December 2023	1 KWD = 136767.70 IRR
20 December 2023	1 KWD = 136790.00 IRR
21 December 2023	1 KWD = 136849.10 IRR
22 December 2023	1 KWD = 137000.80 IRR
23 December 2023	1 KWD = 136541.00 IRR
24 December 2023	1 KWD = 136718.80 IRR
25 December 2023	1 KWD = 136928.20 IRR
26 December 2023	1 KWD = 137009.70 IRR
27 December 2023	1 KWD = 136674.30 IRR
28 December 2023	1 KWD = 137054.40 IRR
29 December 2023	1 KWD = 136965.10 IRR

23/02/2020: COVID-19 Pandemic's Impact on the Iranian Rial

The COVID-19 pandemic, along with economic challenges, caused further depreciation of the Iranian Rial (IRR) against major currencies.

10/04/2018: Revaluation of the Iranian Rial

Iran's government announced a new currency exchange rate, devaluing the Iranian Rial (IRR) against foreign currencies.

24/09/2012: Imposition of International Sanctions on Iran

International sanctions were imposed on Iran, leading to a significant decline in the value of the Iranian Rial (IRR).

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.

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.

24/05/1989: Introduction of the Two-Tier Exchange Rate System

Iran implemented a two-tier exchange rate system, with different rates for essential goods and non-essential imports.

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.

26/10/1975: Floating of the Iranian Rial

The Iranian Rial (IRR) was allowed to float against foreign currencies, marking the end of the fixed exchange rate system.

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.

01/09/1957: Decimalization of the Iranian Rial

The Iranian Rial (IRR) was decimalized, dividing one Toman into 10 Rials to simplify the currency system.

01/04/1932: Introduction of the Iranian Rial

The Iranian Rial (IRR) was introduced as the official currency of Iran after replacing the Qiran.

Historic Kuwaiti Dinar Iranian Rial