Historic Kuwaiti Dinar Libyan dinar

Kuwaiti Dinar libyan dinar history for August 2023. The highest quote for this month is 15.644 (25/08/2023) and the lowest 15.629 (19/08/2023). The difference between high and low is 0.1.

KWD LYD average rate for August 2023 is 15.5705, the change between 01/08/2023 and 31/08/2023 is -0.75 %.

01 August 20231 KWD = 15.52 LYD
02 August 20231 KWD = 15.54 LYD
03 August 20231 KWD = 15.51 LYD
04 August 20231 KWD = 15.53 LYD
07 August 20231 KWD = 15.45 LYD
08 August 20231 KWD = 15.54 LYD
09 August 20231 KWD = 15.51 LYD
10 August 20231 KWD = 15.51 LYD
11 August 20231 KWD = 15.52 LYD
12 August 20231 KWD = 15.55 LYD
14 August 20231 KWD = 15.58 LYD
15 August 20231 KWD = 15.59 LYD
16 August 20231 KWD = 15.63 LYD
17 August 20231 KWD = 15.62 LYD
18 August 20231 KWD = 15.62 LYD
19 August 20231 KWD = 15.63 LYD
20 August 20231 KWD = 15.63 LYD
21 August 20231 KWD = 15.56 LYD
22 August 20231 KWD = 15.63 LYD
23 August 20231 KWD = 15.60 LYD
24 August 20231 KWD = 15.60 LYD
25 August 20231 KWD = 15.58 LYD
28 August 20231 KWD = 15.57 LYD
29 August 20231 KWD = 15.57 LYD
30 August 20231 KWD = 15.61 LYD
31 August 20231 KWD = 15.64 LYD

06/09/2018: Announcement of new dinar notes

The Central Bank of Libya announces the release of new dinar banknotes with enhanced security features to combat counterfeiting.

28/07/2014: Recognition of rival governments

The Libyan Supreme Court recognizes two rival governments, further fragmenting the country and impacting the value of the dinar.

17/02/2011: Start of the Libyan Civil War

The Libyan Civil War begins, leading to political instability and further devaluation of the Libyan dinar.

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.

07/04/1986: US imposes economic sanctions

The United States imposes economic sanctions on Libya, severely impacting the value and stability of the Libyan 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.

02/03/1978: Establishment of the Central Bank of Libya

The Central Bank of Libya is established, becoming the sole authority responsible for issuing and managing the Libyan 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.

08/09/1971: Introduction of the Libyan dinar

The Libyan pound is replaced by the Libyan dinar, at a rate of 1 dinar = 1 pound.

02/01/1961: Kuwaiti Dinar Introduced

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

24/12/1951: Independence of Libya

Libya gains independence from Italy, introducing the Libyan pound as its currency.