Historic Kuwaiti Dinar Swiss franc

Kuwaiti Dinar swiss franc history for January 2024. The highest quote for this month is 2.837 (23/01/2024) and the lowest 2.8234 (19/01/2024). The difference between high and low is 0.48.

KWD CHF average rate for January 2024 is 2.79081, the change between 01/01/2024 and 31/01/2024 is -2.38 %.

01 January 20241 KWD = 2.741 CHF
02 January 20241 KWD = 2.744 CHF
03 January 20241 KWD = 2.769 CHF
04 January 20241 KWD = 2.765 CHF
05 January 20241 KWD = 2.768 CHF
08 January 20241 KWD = 2.771 CHF
09 January 20241 KWD = 2.763 CHF
10 January 20241 KWD = 2.777 CHF
11 January 20241 KWD = 2.770 CHF
12 January 20241 KWD = 2.774 CHF
14 January 20241 KWD = 2.770 CHF
15 January 20241 KWD = 2.781 CHF
16 January 20241 KWD = 2.790 CHF
17 January 20241 KWD = 2.803 CHF
18 January 20241 KWD = 2.812 CHF
19 January 20241 KWD = 2.825 CHF
22 January 20241 KWD = 2.826 CHF
23 January 20241 KWD = 2.829 CHF
24 January 20241 KWD = 2.831 CHF
25 January 20241 KWD = 2.810 CHF
26 January 20241 KWD = 2.822 CHF
28 January 20241 KWD = 2.808 CHF
29 January 20241 KWD = 2.814 CHF
30 January 20241 KWD = 2.804 CHF
31 January 20241 KWD = 2.806 CHF

15/01/2015: Removal of Minimum Exchange Rate

The Swiss National Bank unexpectedly abandoned the minimum exchange rate, causing the Swiss franc (CHF) to surge in value.

06/09/2011: Implementation of Minimum Exchange Rate

The Swiss National Bank imposed a minimum exchange rate pegging the Swiss franc (CHF) to the Euro to prevent excessive appreciation.

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.

13/09/1999: Introduction of Euro

Switzerland decided not to join the Eurozone and maintain the Swiss franc (CHF) as its official currency.

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.

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.

08/05/1973: Floatation of Swiss Franc

Switzerland abandoned the fixed exchange rate system, allowing the Swiss franc (CHF) to float freely against other currencies.

02/01/1961: Kuwaiti Dinar Introduced

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

01/05/1936: Introduction of Swiss National Bank

The Swiss National Bank was established as the central bank responsible for issuing and managing the Swiss franc (CHF).

24/11/1907: Gold Standard Referendum

Switzerland voted to adopt the gold standard, making the Swiss franc (CHF) fully convertible into gold.

06/06/1850: Currency Act of 1850

The Swiss franc (CHF) was introduced as the official currency of Switzerland.