Historic Romanian leu Kuwaiti Dinar

Romanian leu kuwaiti dinar history for February 2024. The highest quote for this month is 0.067094 (27/02/2024) and the lowest 0.067298 (02/02/2024). The difference between high and low is -0.3.

RON KWD average rate for February 2024 is 0.06675, the change between 01/02/2024 and 29/02/2024 is -0.53 %.

01 February 20241 RON = 0.0667 KWD
02 February 20241 RON = 0.0672 KWD
03 February 20241 RON = 0.0667 KWD
04 February 20241 RON = 0.0667 KWD
05 February 20241 RON = 0.0667 KWD
06 February 20241 RON = 0.0664 KWD
07 February 20241 RON = 0.0665 KWD
08 February 20241 RON = 0.0666 KWD
09 February 20241 RON = 0.0667 KWD
12 February 20241 RON = 0.0666 KWD
13 February 20241 RON = 0.0666 KWD
14 February 20241 RON = 0.0663 KWD
15 February 20241 RON = 0.0664 KWD
16 February 20241 RON = 0.0666 KWD
17 February 20241 RON = 0.0667 KWD
18 February 20241 RON = 0.0667 KWD
19 February 20241 RON = 0.0666 KWD
20 February 20241 RON = 0.0666 KWD
21 February 20241 RON = 0.0668 KWD
22 February 20241 RON = 0.0669 KWD
23 February 20241 RON = 0.0669 KWD
24 February 20241 RON = 0.0669 KWD
25 February 20241 RON = 0.0669 KWD
26 February 20241 RON = 0.0668 KWD
27 February 20241 RON = 0.0671 KWD
28 February 20241 RON = 0.0671 KWD
29 February 20241 RON = 0.0671 KWD

01/04/2019: Romania plans to adopt the euro

The Romanian government announces its intention to join the Eurozone and set a target date for adopting the euro as the national currency.

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.

01/06/2005: Currency redenomination

Romania underwent a currency redenomination, with 10,000 old lei being exchanged for 1 new leu, to simplify transactions and eliminate zeros.

01/07/2003: Romania joins EU Accession

As part of joining the European Union, Romania pledges to adopt the euro in the future, aiming for greater economic integration.

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.

28/02/1991: End of communist era

As communism collapsed, Romania undergoes economic reforms and introduces a free-floating exchange rate system for the leu.

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.

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.

30/12/1947: Communist regime introduces new leu

In an attempt to devalue the currency and control the economy, the Communist regime introduces a new leu at a ratio of 1:20,000.

01/03/1901: Introduction of the gold standard

Romanian leu was tied to the gold standard, ensuring the stability of the currency and attracting foreign investments.

01/04/1867: Creation of the Romanian leu

The leu was established as the official currency of Romania, replacing the previous currencies in circulation.
RON KWD January 2024
RON KWD February 2024
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