Historic Kuwaiti Dinar Maldivian rufiyaa

Kuwaiti Dinar maldivian rufiyaa history for February 2024. The highest quote for this month is 50.195 (04/02/2024) and the lowest 50.195 (04/02/2024). The difference between high and low is 0.

KWD MVR average rate for February 2024 is 49.64733, the change between 01/02/2024 and 29/02/2024 is +0.38 %.

01 February 20241 KWD = 49.70 MVR
02 February 20241 KWD = 49.67 MVR
03 February 20241 KWD = 50.20 MVR
04 February 20241 KWD = 50.20 MVR
05 February 20241 KWD = 49.66 MVR
06 February 20241 KWD = 49.62 MVR
07 February 20241 KWD = 49.56 MVR
08 February 20241 KWD = 49.61 MVR
09 February 20241 KWD = 49.43 MVR
12 February 20241 KWD = 49.28 MVR
13 February 20241 KWD = 49.28 MVR
14 February 20241 KWD = 49.24 MVR
15 February 20241 KWD = 49.39 MVR
16 February 20241 KWD = 49.60 MVR
17 February 20241 KWD = 50.07 MVR
18 February 20241 KWD = 50.07 MVR
19 February 20241 KWD = 49.60 MVR
20 February 20241 KWD = 49.60 MVR
21 February 20241 KWD = 49.47 MVR
22 February 20241 KWD = 49.48 MVR
23 February 20241 KWD = 49.47 MVR
24 February 20241 KWD = 50.15 MVR
25 February 20241 KWD = 50.15 MVR
26 February 20241 KWD = 49.47 MVR
27 February 20241 KWD = 49.51 MVR
28 February 20241 KWD = 49.51 MVR
29 February 20241 KWD = 49.52 MVR

15/01/2019: Introduction of New Banknotes

New series of banknotes with enhanced security features and improved designs were introduced by the Maldives Monetary Authority.

01/09/2014: Introduction of Polymer Banknotes

Polymer banknotes were introduced in the Maldives, replacing the traditional paper banknotes, enhancing their durability and security features.

01/07/2011: Redenomination of the Rufiyaa

The Maldivian Rufiyaa underwent redenomination, with new banknotes and coins introduced to simplify transactions and reduce the number of zeros.

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.

01/01/2002: Decimalization of the Rufiyaa

The Maldivian Rufiyaa was decimalized, with 100 laari equaling 1 Rufiyaa, replacing the previous system of 1 Rufiyaa equalling 100 lari.

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.

01/09/1983: Introduction of the Maldivian Rufiyaa

The Maldivian Rufiyaa was introduced as the new currency, replacing the Maldivian Rupee at a 1:1 exchange rate.

01/09/1981: Establishment of the Maldives Monetary Authority

The Maldives Monetary Authority (MMA) was established as the central bank of the Maldives, responsible for issuing and managing the currency.

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.

02/01/1961: Kuwaiti Dinar Introduced

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

22/10/1947: Introduction of the Maldivian Rupee

The Maldivian Indian Rupee was adopted as the official currency of the Maldives, replacing the Ceylonese Rupee.