Historic Moroccan dirham Kuwaiti Dinar

Moroccan dirham kuwaiti dinar history for January 2024. The highest quote for this month is 0.031925 (04/01/2024) and the lowest 0.032119 (05/01/2024). The difference between high and low is -0.61.

MAD KWD average rate for January 2024 is 0.03119, the change between 01/01/2024 and 31/01/2024 is +3.81 %.

01 January 20241 MAD = 0.0319 KWD
02 January 20241 MAD = 0.0319 KWD
03 January 20241 MAD = 0.0309 KWD
04 January 20241 MAD = 0.0309 KWD
05 January 20241 MAD = 0.0310 KWD
06 January 20241 MAD = 0.0309 KWD
07 January 20241 MAD = 0.0310 KWD
08 January 20241 MAD = 0.0320 KWD
09 January 20241 MAD = 0.0309 KWD
10 January 20241 MAD = 0.0318 KWD
11 January 20241 MAD = 0.0309 KWD
12 January 20241 MAD = 0.0308 KWD
14 January 20241 MAD = 0.0309 KWD
15 January 20241 MAD = 0.0318 KWD
16 January 20241 MAD = 0.0318 KWD
17 January 20241 MAD = 0.0317 KWD
18 January 20241 MAD = 0.0308 KWD
19 January 20241 MAD = 0.0308 KWD
22 January 20241 MAD = 0.0319 KWD
23 January 20241 MAD = 0.0309 KWD
24 January 20241 MAD = 0.0308 KWD
25 January 20241 MAD = 0.0309 KWD
26 January 20241 MAD = 0.0308 KWD
28 January 20241 MAD = 0.0308 KWD
29 January 20241 MAD = 0.0318 KWD
30 January 20241 MAD = 0.0307 KWD
31 January 20241 MAD = 0.0307 KWD

15/09/2021: Digitization of the Moroccan dirham

Morocco announced plans to digitize the dirham, introducing a central bank digital currency (CBDC) for financial transactions in the country.

02/06/2014: Introduction of the fourth dirham

Another series of Moroccan dirham banknotes was issued, featuring new designs and enhanced security features.

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.

02/07/2005: Dirham's exchange rate floatation

Morocco moved to a floating exchange rate regime, allowing the dirham to fluctuate based on market forces.

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.

01/05/1999: Introduction of the third dirham

A new series of Moroccan dirham banknotes was introduced with enhanced security features.

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.

12/12/1980: Introduction of the second dirham

A new series of Moroccan dirham banknotes was issued to replace the first series.

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.

17/10/1974: Adoption of the dirham as the currency

The Moroccan franc was replaced by the Moroccan dirham (MAD) as the official currency.

02/01/1961: Kuwaiti Dinar Introduced

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

26/11/1960: Introduction of the Moroccan franc (FRF)

The Moroccan franc was introduced as the official currency of Morocco.
MAD KWD January 2024
MAD KWD February 2024
MAD KWD March 2024
MAD KWD April 2024
MAD KWD May 2024
MAD KWD June 2024
MAD KWD July 2024
MAD KWD August 2024
MAD KWD September 2024
MAD KWD October 2024
MAD KWD November 2024
MAD KWD December 2024
MAD KWD January 2025