Historic Namibian dollar Kuwaiti Dinar

Namibian dollar kuwaiti dinar history for January 2024. The highest quote for this month is 0.016585 (02/01/2024) and the lowest 0.016691 (01/01/2024). The difference between high and low is -0.64.

NAD KWD average rate for January 2024 is 0.01638, the change between 01/01/2024 and 31/01/2024 is +2.16 %.

01 January 20241 NAD = 0.0167 KWD
02 January 20241 NAD = 0.0166 KWD
03 January 20241 NAD = 0.0166 KWD
04 January 20241 NAD = 0.0165 KWD
05 January 20241 NAD = 0.0164 KWD
06 January 20241 NAD = 0.0164 KWD
07 January 20241 NAD = 0.0165 KWD
08 January 20241 NAD = 0.0164 KWD
09 January 20241 NAD = 0.0164 KWD
10 January 20241 NAD = 0.0164 KWD
11 January 20241 NAD = 0.0165 KWD
12 January 20241 NAD = 0.0164 KWD
14 January 20241 NAD = 0.0165 KWD
15 January 20241 NAD = 0.0164 KWD
16 January 20241 NAD = 0.0164 KWD
17 January 20241 NAD = 0.0165 KWD
18 January 20241 NAD = 0.0161 KWD
19 January 20241 NAD = 0.0161 KWD
22 January 20241 NAD = 0.0163 KWD
23 January 20241 NAD = 0.0160 KWD
24 January 20241 NAD = 0.0160 KWD
25 January 20241 NAD = 0.0162 KWD
26 January 20241 NAD = 0.0163 KWD
28 January 20241 NAD = 0.0164 KWD
29 January 20241 NAD = 0.0163 KWD
30 January 20241 NAD = 0.0163 KWD
31 January 20241 NAD = 0.0163 KWD

26/01/2016: New N$100 and N$200 Banknotes Introduced

Namibia introduced new banknotes of N$100 and N$200 denominations to address the need for higher-value currency in the growing economy.

30/08/2012: Introduction of N$10 Commemorative Banknote

Namibia introduced a commemorative banknote of N$10 to celebrate the centenary of the country's struggle for independence.

27/10/2008: Financial Crisis Impact

Due to the global financial crisis, the Namibian dollar experienced a depreciation against major currencies, affecting the country's economy.

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.

01/01/2002: Replacement of Old Banknotes

Old banknotes of the Namibian dollar were demonetized, and new banknotes became the only valid currency.

01/06/1999: Introduction of New Banknotes and Coins

New series of banknotes and coins were introduced in Namibia, featuring indigenous wildlife and cultural symbols.

30/08/1993: Dollarization of Namibia

Namibia adopted the Namibian dollar as its sole legal tender, replacing the South African rand as the 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.

21/03/1990: Independence of Namibia

Namibia gained independence from South Africa, leading to the introduction of the Namibian dollar as the official currency of the newly established country.

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.