Historic Kuwaiti Dinar Iranian Rial

Kuwaiti Dinar iranian rial history for February 2024. The highest quote for this month is 136773.4 (28/02/2024) and the lowest 136883.6 (02/02/2024). The difference between high and low is -0.08.

KWD IRR average rate for February 2024 is 136654.66667, the change between 01/02/2024 and 29/02/2024 is +0.03 %.

01 February 20241 KWD = 136847.80 IRR
02 February 20241 KWD = 136798.90 IRR
03 February 20241 KWD = 136718.80 IRR
04 February 20241 KWD = 136718.80 IRR
05 February 20241 KWD = 136844.70 IRR
06 February 20241 KWD = 136660.90 IRR
07 February 20241 KWD = 136697.90 IRR
08 February 20241 KWD = 136634.20 IRR
09 February 20241 KWD = 136638.60 IRR
12 February 20241 KWD = 136620.90 IRR
13 February 20241 KWD = 136629.80 IRR
14 February 20241 KWD = 136517.30 IRR
15 February 20241 KWD = 136478.80 IRR
16 February 20241 KWD = 136619.40 IRR
17 February 20241 KWD = 136363.60 IRR
18 February 20241 KWD = 136363.60 IRR
19 February 20241 KWD = 136598.70 IRR
20 February 20241 KWD = 136603.10 IRR
21 February 20241 KWD = 136732.00 IRR
22 February 20241 KWD = 136758.70 IRR
23 February 20241 KWD = 136699.40 IRR
24 February 20241 KWD = 136585.40 IRR
25 February 20241 KWD = 136585.40 IRR
26 February 20241 KWD = 136717.20 IRR
27 February 20241 KWD = 136705.40 IRR
28 February 20241 KWD = 136723.20 IRR
29 February 20241 KWD = 136813.50 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.