Kuwaiti Dinar south korean won exchange rate history (KWD KRW) November 2023

Kuwaiti Dinar south korean won history for November 2023. The highest quote for this month is 4402.53 (01/11/2023) and the lowest 4367.24 (01/11/2023). The difference between high and low is 0.8.

KWD KRW average rate for November 2023 is 4242.165, the change between 01/11/2023 and 30/11/2023 is +4.33 %.

01 November 2023	1 KWD = 4373.70 KRW
02 November 2023	1 KWD = 4368.02 KRW
03 November 2023	1 KWD = 4324.09 KRW
06 November 2023	1 KWD = 4244.86 KRW
07 November 2023	1 KWD = 4208.94 KRW
08 November 2023	1 KWD = 4232.39 KRW
09 November 2023	1 KWD = 4243.29 KRW
10 November 2023	1 KWD = 4265.56 KRW
12 November 2023	1 KWD = 4264.63 KRW
13 November 2023	1 KWD = 4281.14 KRW
14 November 2023	1 KWD = 4279.36 KRW
15 November 2023	1 KWD = 4235.65 KRW
16 November 2023	1 KWD = 4226.96 KRW
17 November 2023	1 KWD = 4196.95 KRW
20 November 2023	1 KWD = 4205.79 KRW
21 November 2023	1 KWD = 4186.52 KRW
22 November 2023	1 KWD = 4210.63 KRW
23 November 2023	1 KWD = 4220.55 KRW
24 November 2023	1 KWD = 4224.38 KRW
26 November 2023	1 KWD = 4227.61 KRW
27 November 2023	1 KWD = 4191.03 KRW
28 November 2023	1 KWD = 4232.29 KRW
29 November 2023	1 KWD = 4183.14 KRW
30 November 2023	1 KWD = 4184.48 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.

Historic Kuwaiti Dinar South Korean Won