Historic Kuwaiti Dinar Japanese Yen

Kuwaiti Dinar japanese yen history for February 2024. The highest quote for this month is 490.91 (28/02/2024) and the lowest 489.56 (28/02/2024). The difference between high and low is 0.27.

KWD JPY average rate for February 2024 is 486.51462, the change between 01/02/2024 and 29/02/2024 is -2.44 %.

01 February 20241 KWD = 478.8 JPY
02 February 20241 KWD = 477.0 JPY
04 February 20241 KWD = 482.4 JPY
05 February 20241 KWD = 483.6 JPY
06 February 20241 KWD = 483.7 JPY
07 February 20241 KWD = 481.0 JPY
08 February 20241 KWD = 481.8 JPY
09 February 20241 KWD = 485.4 JPY
12 February 20241 KWD = 485.2 JPY
13 February 20241 KWD = 486.0 JPY
14 February 20241 KWD = 489.9 JPY
15 February 20241 KWD = 489.2 JPY
16 February 20241 KWD = 487.7 JPY
17 February 20241 KWD = 487.6 JPY
18 February 20241 KWD = 487.6 JPY
19 February 20241 KWD = 488.2 JPY
20 February 20241 KWD = 488.8 JPY
21 February 20241 KWD = 488.0 JPY
22 February 20241 KWD = 489.4 JPY
23 February 20241 KWD = 489.7 JPY
24 February 20241 KWD = 489.2 JPY
25 February 20241 KWD = 489.2 JPY
26 February 20241 KWD = 489.8 JPY
27 February 20241 KWD = 490.1 JPY
28 February 20241 KWD = 489.9 JPY
29 February 20241 KWD = 490.5 JPY

28/07/2016: Bank of Japan announces stimulus package

The Bank of Japan announced an aggressive stimulus package and negative interest rates, causing the Yen to depreciate against major currencies.

11/03/2011: Great East Japan Earthquake

The Tohoku earthquake and tsunami devastated Japan, leading to a decline in the Yen as reconstruction efforts strained the economy.

15/09/2008: Lehman Brothers bankruptcy

The bankruptcy of Lehman Brothers triggered a global financial crisis, resulting in a surge in the value of the Yen as investors sought safe-haven assets.

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.

20/03/1995: Kobe earthquake

The Great Hanshin earthquake struck Kobe, causing significant damage to the Japanese economy and leading to a decline in the value of the Yen.

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.

22/09/1985: Plaza Accord

Japan, along with major economies, agreed to depreciate the value of the US dollar, leading to the appreciation of the Yen.

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.

01/03/1973: Yen becomes a floating currency

The Yen lost its fixed exchange rate and started floating against major currencies following the collapse of the Bretton Woods system.

02/01/1961: Kuwaiti Dinar Introduced

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

15/12/1953: Yen is introduced

The Japanese Yen was first introduced as the official currency of Japan with the enactment of the Bank of Japan Act.
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