Historic Kuwaiti Dinar Ugandan Shilling

Kuwaiti Dinar ugandan shilling history for August 2023. The highest quote for this month is 12123.9 (27/08/2023) and the lowest 12120.9 (12/08/2023). The difference between high and low is 0.02.

KWD UGX average rate for August 2023 is 11893.97778, the change between 01/08/2023 and 31/08/2023 is -2.69 %.

01 August 20231 KWD = 11664.10 UGX
02 August 20231 KWD = 11689.80 UGX
03 August 20231 KWD = 11678.20 UGX
04 August 20231 KWD = 11600.80 UGX
07 August 20231 KWD = 11549.60 UGX
08 August 20231 KWD = 11630.40 UGX
09 August 20231 KWD = 11646.30 UGX
10 August 20231 KWD = 11766.70 UGX
11 August 20231 KWD = 12012.40 UGX
12 August 20231 KWD = 12120.90 UGX
14 August 20231 KWD = 12058.40 UGX
15 August 20231 KWD = 11965.90 UGX
16 August 20231 KWD = 12011.50 UGX
17 August 20231 KWD = 12002.00 UGX
18 August 20231 KWD = 12000.40 UGX
19 August 20231 KWD = 12114.60 UGX
20 August 20231 KWD = 12114.60 UGX
21 August 20231 KWD = 11979.60 UGX
22 August 20231 KWD = 11980.70 UGX
23 August 20231 KWD = 11968.00 UGX
24 August 20231 KWD = 11930.50 UGX
25 August 20231 KWD = 11906.90 UGX
27 August 20231 KWD = 12053.20 UGX
28 August 20231 KWD = 11864.90 UGX
29 August 20231 KWD = 11898.40 UGX
30 August 20231 KWD = 11951.30 UGX
31 August 20231 KWD = 11977.30 UGX

03/06/2020: COVID-19 Impact on the Shilling

The Ugandan Shilling experienced a significant decline in value due to the economic impact of the COVID-19 pandemic.

01/09/2013: Withdrawal of Old Currency Series

The old series of Ugandan Shilling notes were phased out and replaced with the new currency series.

01/07/2010: Issue of New Currency Series

Uganda issued a new series of currency notes with enhanced security features to reduce counterfeiting.

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.

02/05/2003: Introduction of Coins

Uganda introduced coins denominated in Shillings to replace lower-value notes and facilitate transactions.

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.

15/05/1987: Introduction of the 500 Shilling Note

A new 500 Shilling note was introduced to combat the rapid inflation and devaluation of the currency.

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.

05/08/1972: Idi Amin's Currency Change

President Idi Amin ordered the demonetization of old Ugandan Shilling notes and replaced them with new ones, causing an economic crisis.

15/06/1966: Introduction of the Ugandan Shilling

The Ugandan Shilling was introduced as the official currency of Uganda following its independence from British colonial rule.

02/01/1961: Kuwaiti Dinar Introduced

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