Historic Kuwaiti Dinar New Zealand Dollar

Kuwaiti Dinar new zealand dollar history for January 2024. The highest quote for this month is 5.3567 (23/01/2024) and the lowest 5.3336 (28/01/2024). The difference between high and low is 0.43.

KWD NZD average rate for January 2024 is 5.26209, the change between 01/01/2024 and 31/01/2024 is -2.93 %.

01 January 20241 KWD = 5.16 NZD
02 January 20241 KWD = 5.16 NZD
03 January 20241 KWD = 5.21 NZD
04 January 20241 KWD = 5.21 NZD
05 January 20241 KWD = 5.23 NZD
06 January 20241 KWD = 5.21 NZD
07 January 20241 KWD = 5.20 NZD
08 January 20241 KWD = 5.21 NZD
09 January 20241 KWD = 5.21 NZD
10 January 20241 KWD = 5.22 NZD
11 January 20241 KWD = 5.23 NZD
12 January 20241 KWD = 5.22 NZD
14 January 20241 KWD = 5.21 NZD
15 January 20241 KWD = 5.23 NZD
16 January 20241 KWD = 5.26 NZD
17 January 20241 KWD = 5.30 NZD
18 January 20241 KWD = 5.32 NZD
19 January 20241 KWD = 5.32 NZD
22 January 20241 KWD = 5.32 NZD
23 January 20241 KWD = 5.36 NZD
24 January 20241 KWD = 5.33 NZD
25 January 20241 KWD = 5.33 NZD
26 January 20241 KWD = 5.33 NZD
28 January 20241 KWD = 5.33 NZD
29 January 20241 KWD = 5.34 NZD
30 January 20241 KWD = 5.31 NZD
31 January 20241 KWD = 5.31 NZD

20/03/2020: COVID-19 Pandemic Effects

The outbreak of the COVID-19 pandemic causes global economic turmoil, leading to volatility in the New Zealand dollar exchange rate and GDP contraction.

10/10/2008: Global Financial Crisis Hits New Zealand

New Zealand experiences the impact of the global financial crisis, leading to a sharp depreciation of the New Zealand dollar and economic slowdown.

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.

10/07/2005: Polymer Banknotes Introduced

New Zealand introduces polymer banknotes, replacing the traditional paper notes for increased durability and security.

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.

05/10/1987: Black Monday Stock Market Crash

Global stock market crash leads to a significant devaluation of the New Zealand dollar and a deep recession in the country.

04/03/1985: Floating Exchange Rate Introduced

New Zealand dollar is allowed to float freely against other currencies, marking the end of fixed exchange rates.

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.

10/07/1961: Decimalization of Currency

New Zealand adopts the decimal currency system, replacing the pound with the New Zealand dollar. NZ$1 is equivalent to NZ£2.

02/01/1961: Kuwaiti Dinar Introduced

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

19/10/1933: New Zealand Pound Pegged to the British Pound

New Zealand pound is pegged to the British pound at a rate of £1 to NZ£0.624275.
KWD NZD January 2024
KWD NZD February 2024
KWD NZD March 2024
KWD NZD April 2024
KWD NZD May 2024
KWD NZD June 2024
KWD NZD July 2024
KWD NZD August 2024
KWD NZD September 2024
KWD NZD October 2024
KWD NZD November 2024
KWD NZD December 2024
KWD NZD January 2025