Historic New Zealand Dollar Kuwaiti Dinar

New Zealand Dollar kuwaiti dinar history for February 2024. The highest quote for this month is 0.19056 (24/02/2024) and the lowest 0.19098 (22/02/2024). The difference between high and low is -0.22.

NZD KWD average rate for February 2024 is 0.18837, the change between 01/02/2024 and 29/02/2024 is +0.2 %.

01 February 20241 NZD = 0.1877 KWD
02 February 20241 NZD = 0.1887 KWD
03 February 20241 NZD = 0.1864 KWD
04 February 20241 NZD = 0.1865 KWD
05 February 20241 NZD = 0.1862 KWD
06 February 20241 NZD = 0.1860 KWD
07 February 20241 NZD = 0.1875 KWD
08 February 20241 NZD = 0.1878 KWD
09 February 20241 NZD = 0.1878 KWD
12 February 20241 NZD = 0.1890 KWD
13 February 20241 NZD = 0.1884 KWD
14 February 20241 NZD = 0.1864 KWD
15 February 20241 NZD = 0.1874 KWD
16 February 20241 NZD = 0.1879 KWD
17 February 20241 NZD = 0.1887 KWD
18 February 20241 NZD = 0.1888 KWD
19 February 20241 NZD = 0.1887 KWD
20 February 20241 NZD = 0.1889 KWD
21 February 20241 NZD = 0.1895 KWD
22 February 20241 NZD = 0.1899 KWD
23 February 20241 NZD = 0.1904 KWD
24 February 20241 NZD = 0.1906 KWD
25 February 20241 NZD = 0.1907 KWD
26 February 20241 NZD = 0.1901 KWD
27 February 20241 NZD = 0.1895 KWD
28 February 20241 NZD = 0.1896 KWD
29 February 20241 NZD = 0.1873 KWD

20/03/2020: COVID-19 Pandemic Effects

The outbreak of the COVID-19 pandemic causes global economic turmoil, leading to volatility in the New Zealand dollar exchange rate and GDP contraction.

10/10/2008: Global Financial Crisis Hits New Zealand

New Zealand experiences the impact of the global financial crisis, leading to a sharp depreciation of the New Zealand dollar and economic slowdown.

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.

10/07/2005: Polymer Banknotes Introduced

New Zealand introduces polymer banknotes, replacing the traditional paper notes for increased durability and security.

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.

05/10/1987: Black Monday Stock Market Crash

Global stock market crash leads to a significant devaluation of the New Zealand dollar and a deep recession in the country.

04/03/1985: Floating Exchange Rate Introduced

New Zealand dollar is allowed to float freely against other currencies, marking the end of fixed exchange rates.

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.

10/07/1961: Decimalization of Currency

New Zealand adopts the decimal currency system, replacing the pound with the New Zealand dollar. NZ$1 is equivalent to NZ£2.

02/01/1961: Kuwaiti Dinar Introduced

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

19/10/1933: New Zealand Pound Pegged to the British Pound

New Zealand pound is pegged to the British pound at a rate of £1 to NZ£0.624275.