Historic Kuwaiti Dinar Romanian leu

Kuwaiti Dinar romanian leu history for December 2023. The highest quote for this month is 15.017 (08/12/2023) and the lowest 14.964 (11/12/2023). The difference between high and low is 0.35.

KWD RON average rate for December 2023 is 14.80015, the change between 01/12/2023 and 31/12/2023 is +0.89 %.

01 December 20231 KWD = 14.79 RON
04 December 20231 KWD = 14.87 RON
05 December 20231 KWD = 14.85 RON
06 December 20231 KWD = 14.90 RON
07 December 20231 KWD = 14.96 RON
08 December 20231 KWD = 14.95 RON
10 December 20231 KWD = 14.97 RON
11 December 20231 KWD = 14.98 RON
12 December 20231 KWD = 14.98 RON
13 December 20231 KWD = 14.95 RON
14 December 20231 KWD = 14.83 RON
15 December 20231 KWD = 14.72 RON
16 December 20231 KWD = 14.83 RON
17 December 20231 KWD = 14.82 RON
18 December 20231 KWD = 14.82 RON
19 December 20231 KWD = 14.80 RON
20 December 20231 KWD = 14.73 RON
21 December 20231 KWD = 14.77 RON
22 December 20231 KWD = 14.71 RON
24 December 20231 KWD = 14.70 RON
25 December 20231 KWD = 14.71 RON
26 December 20231 KWD = 14.69 RON
27 December 20231 KWD = 14.63 RON
28 December 20231 KWD = 14.59 RON
29 December 20231 KWD = 14.62 RON
31 December 20231 KWD = 14.65 RON

01/04/2019: Romania plans to adopt the euro

The Romanian government announces its intention to join the Eurozone and set a target date for adopting the euro as the national currency.

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.

01/06/2005: Currency redenomination

Romania underwent a currency redenomination, with 10,000 old lei being exchanged for 1 new leu, to simplify transactions and eliminate zeros.

01/07/2003: Romania joins EU Accession

As part of joining the European Union, Romania pledges to adopt the euro in the future, aiming for greater economic integration.

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.

28/02/1991: End of communist era

As communism collapsed, Romania undergoes economic reforms and introduces a free-floating exchange rate system for the leu.

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.

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.

30/12/1947: Communist regime introduces new leu

In an attempt to devalue the currency and control the economy, the Communist regime introduces a new leu at a ratio of 1:20,000.

01/03/1901: Introduction of the gold standard

Romanian leu was tied to the gold standard, ensuring the stability of the currency and attracting foreign investments.

01/04/1867: Creation of the Romanian leu

The leu was established as the official currency of Romania, replacing the previous currencies in circulation.