Historic Kuwaiti Dinar Moroccan dirham

Kuwaiti Dinar moroccan dirham history for February 2024. The highest quote for this month is 32.769 (21/02/2024) and the lowest 32.692 (24/02/2024). The difference between high and low is 0.23.

KWD MAD average rate for February 2024 is 32.44144, the change between 01/02/2024 and 29/02/2024 is +1.99 %.

01 February 20241 KWD = 32.57 MAD
02 February 20241 KWD = 32.58 MAD
03 February 20241 KWD = 32.67 MAD
04 February 20241 KWD = 32.67 MAD
05 February 20241 KWD = 31.79 MAD
06 February 20241 KWD = 31.75 MAD
07 February 20241 KWD = 32.77 MAD
08 February 20241 KWD = 32.73 MAD
09 February 20241 KWD = 32.66 MAD
12 February 20241 KWD = 31.56 MAD
13 February 20241 KWD = 32.65 MAD
14 February 20241 KWD = 32.72 MAD
15 February 20241 KWD = 32.72 MAD
16 February 20241 KWD = 32.70 MAD
17 February 20241 KWD = 32.67 MAD
18 February 20241 KWD = 32.67 MAD
19 February 20241 KWD = 31.70 MAD
20 February 20241 KWD = 31.77 MAD
21 February 20241 KWD = 32.80 MAD
22 February 20241 KWD = 32.80 MAD
23 February 20241 KWD = 32.72 MAD
24 February 20241 KWD = 32.69 MAD
25 February 20241 KWD = 32.69 MAD
26 February 20241 KWD = 31.63 MAD
27 February 20241 KWD = 32.61 MAD
28 February 20241 KWD = 32.75 MAD
29 February 20241 KWD = 31.92 MAD

15/09/2021: Digitization of the Moroccan dirham

Morocco announced plans to digitize the dirham, introducing a central bank digital currency (CBDC) for financial transactions in the country.

02/06/2014: Introduction of the fourth dirham

Another series of Moroccan dirham banknotes was issued, featuring new designs and enhanced security features.

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.

02/07/2005: Dirham's exchange rate floatation

Morocco moved to a floating exchange rate regime, allowing the dirham to fluctuate based on market forces.

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.

01/05/1999: Introduction of the third dirham

A new series of Moroccan dirham banknotes was introduced with enhanced security features.

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.

12/12/1980: Introduction of the second dirham

A new series of Moroccan dirham banknotes was issued to replace the first series.

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.

17/10/1974: Adoption of the dirham as the currency

The Moroccan franc was replaced by the Moroccan dirham (MAD) as the official currency.

02/01/1961: Kuwaiti Dinar Introduced

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

26/11/1960: Introduction of the Moroccan franc (FRF)

The Moroccan franc was introduced as the official currency of Morocco.