Historic Kuwaiti Dinar Iranian Rial

Kuwaiti Dinar iranian rial history for January 2024. The highest quote for this month is 137068.2 (04/01/2024) and the lowest 136987.4 (12/01/2024). The difference between high and low is 0.06.

KWD IRR average rate for January 2024 is 136767.42963, the change between 01/01/2024 and 31/01/2024 is +0.13 %.

01 January 20241 KWD = 136905.90 IRR
02 January 20241 KWD = 136905.90 IRR
03 January 20241 KWD = 136816.70 IRR
04 January 20241 KWD = 136798.90 IRR
05 January 20241 KWD = 136858.00 IRR
06 January 20241 KWD = 136541.00 IRR
07 January 20241 KWD = 136541.00 IRR
08 January 20241 KWD = 136794.50 IRR
09 January 20241 KWD = 136852.40 IRR
10 January 20241 KWD = 136812.30 IRR
11 January 20241 KWD = 136803.40 IRR
12 January 20241 KWD = 136892.50 IRR
14 January 20241 KWD = 136718.80 IRR
15 January 20241 KWD = 136883.60 IRR
16 January 20241 KWD = 136879.20 IRR
17 January 20241 KWD = 136701.00 IRR
18 January 20241 KWD = 136702.20 IRR
19 January 20241 KWD = 136660.90 IRR
22 January 20241 KWD = 136660.90 IRR
23 January 20241 KWD = 136786.80 IRR
24 January 20241 KWD = 136800.10 IRR
25 January 20241 KWD = 136826.90 IRR
26 January 20241 KWD = 136727.70 IRR
28 January 20241 KWD = 136541.00 IRR
29 January 20241 KWD = 136754.40 IRR
30 January 20241 KWD = 136826.90 IRR
31 January 20241 KWD = 136727.70 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.