Historic Kuwaiti Dinar Arab Emirates Dirham

Kuwaiti Dinar arab emirates dirham history for February 2024. The highest quote for this month is 11.956 (04/02/2024) and the lowest 11.968 (02/02/2024). The difference between high and low is -0.1.

KWD AED average rate for February 2024 is 11.9467, the change between 01/02/2024 and 29/02/2024 is +0.05 %.

01 February 20241 KWD = 11.96 AED
02 February 20241 KWD = 11.96 AED
03 February 20241 KWD = 11.96 AED
04 February 20241 KWD = 11.95 AED
05 February 20241 KWD = 11.96 AED
06 February 20241 KWD = 11.95 AED
07 February 20241 KWD = 11.95 AED
08 February 20241 KWD = 11.95 AED
09 February 20241 KWD = 11.94 AED
12 February 20241 KWD = 11.95 AED
13 February 20241 KWD = 11.95 AED
14 February 20241 KWD = 11.93 AED
15 February 20241 KWD = 11.93 AED
16 February 20241 KWD = 11.94 AED
17 February 20241 KWD = 11.92 AED
18 February 20241 KWD = 11.92 AED
19 February 20241 KWD = 11.94 AED
20 February 20241 KWD = 11.94 AED
21 February 20241 KWD = 11.95 AED
22 February 20241 KWD = 11.95 AED
23 February 20241 KWD = 11.95 AED
24 February 20241 KWD = 11.94 AED
25 February 20241 KWD = 11.94 AED
26 February 20241 KWD = 11.95 AED
27 February 20241 KWD = 11.95 AED
28 February 20241 KWD = 11.95 AED
29 February 20241 KWD = 11.95 AED

17/06/2018: Introduction of New Banknotes

A new series of UAE dirham banknotes, featuring enhanced durability, 3D security features, and tactile marks for visually impaired individuals, is introduced.

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.

01/01/2007: Security Enhancements

New security features, including holograms and advanced anti-counterfeiting measures, are added to the UAE dirham banknotes.

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.

01/12/2002: Introduction of Modern Coinage

A new series of UAE dirham coins, featuring modern designs and security features, is introduced.

20/03/1995: Currency Peg to US Dollar

The UAE dirham is pegged to the United States dollar at a fixed exchange rate of 1 USD to 3.6725 AED.

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.

01/01/1978: Currency Issuance Authority

The UAE Currency Issuing Authority is established, granting the authority to issue and manage the UAE dirham.

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.

28/01/1973: Decoupling from Pound Sterling

The UAE dirham is officially decoupled from the British pound sterling and a new exchange rate is set.

02/12/1971: Formation of UAE

The United Arab Emirates is formed, resulting in the introduction of the UAE dirham as its official currency.

02/01/1961: Kuwaiti Dinar Introduced

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