Historic Kuwaiti Dinar South Korean Won

Kuwaiti Dinar south korean won history for January 2024. The highest quote for this month is 4391.63 (17/01/2024) and the lowest 4350.69 (17/01/2024). The difference between high and low is 0.93.

KWD KRW average rate for January 2024 is 4304.13704, the change between 01/01/2024 and 31/01/2024 is -2.42 %.

01 January 20241 KWD = 4216.47 KRW
02 January 20241 KWD = 4216.51 KRW
03 January 20241 KWD = 4259.63 KRW
04 January 20241 KWD = 4265.29 KRW
05 January 20241 KWD = 4270.20 KRW
06 January 20241 KWD = 4276.33 KRW
07 January 20241 KWD = 4272.20 KRW
08 January 20241 KWD = 4276.88 KRW
09 January 20241 KWD = 4274.36 KRW
10 January 20241 KWD = 4299.13 KRW
11 January 20241 KWD = 4291.39 KRW
12 January 20241 KWD = 4276.23 KRW
14 January 20241 KWD = 4274.71 KRW
15 January 20241 KWD = 4278.75 KRW
16 January 20241 KWD = 4300.97 KRW
17 January 20241 KWD = 4354.22 KRW
18 January 20241 KWD = 4372.03 KRW
19 January 20241 KWD = 4352.52 KRW
22 January 20241 KWD = 4338.04 KRW
23 January 20241 KWD = 4357.45 KRW
24 January 20241 KWD = 4351.50 KRW
25 January 20241 KWD = 4329.91 KRW
26 January 20241 KWD = 4349.34 KRW
28 January 20241 KWD = 4345.64 KRW
29 January 20241 KWD = 4352.57 KRW
30 January 20241 KWD = 4340.72 KRW
31 January 20241 KWD = 4318.71 KRW

27/10/2008: Global Financial Crisis

The Korean Won faced significant volatility during the global financial crisis, as global markets tumbled and investor confidence wavered.

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.

01/01/1998: Establishment of IMF Program

South Korea agreed to an International Monetary Fund (IMF) bailout package, which stabilized the value of the Korean Won and initiated economic reforms.

03/12/1997: Asian Financial Crisis

The Korean Won experienced a sharp depreciation during the Asian Financial Crisis, causing severe economic hardships and requiring international assistance.

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.

16/09/1980: Iraq-Iran War Begins

The Iraq-Iran War started, leading to economic instability in the region and affecting the value of the Kuwaiti Dinar.

27/02/1980: Declaration of Martial Law

Amidst political turmoil, President Chun Doo-hwan declared martial law, causing economic instability and impacting the value of the Korean Won.

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.

22/06/1962: Introduction of the Hwan

To combat inflation, the South Korean government introduced the Hwan as the new currency, replacing the old Korean Won.

02/01/1961: Kuwaiti Dinar Introduced

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

27/07/1953: Armistice Agreement

Following the Korean War, the Armistice Agreement was signed, stabilizing the region and aiding in the recovery of the Korean Won.

15/08/1945: Liberation from Japanese Rule

Upon the end of Japanese colonial rule, the Korean Won was introduced as the official currency of South Korea.
KWD KRW August 2023
KWD KRW September 2023
KWD KRW October 2023
KWD KRW November 2023
KWD KRW December 2023
KWD KRW January 2024
KWD KRW February 2024
KWD KRW March 2024
KWD KRW April 2024
KWD KRW May 2024
KWD KRW June 2024
KWD KRW July 2024
KWD KRW August 2024