Historic Romanian leu Kuwaiti Dinar

Romanian leu kuwaiti dinar history for January 2024. The highest quote for this month is 0.068196 (01/01/2024) and the lowest 0.068205 (02/01/2024). The difference between high and low is -0.01.

RON KWD average rate for January 2024 is 0.06747, the change between 01/01/2024 and 31/01/2024 is +1.64 %.

01 January 20241 RON = 0.0681 KWD
02 January 20241 RON = 0.0682 KWD
03 January 20241 RON = 0.0676 KWD
04 January 20241 RON = 0.0676 KWD
05 January 20241 RON = 0.0677 KWD
07 January 20241 RON = 0.0679 KWD
08 January 20241 RON = 0.0678 KWD
09 January 20241 RON = 0.0677 KWD
10 January 20241 RON = 0.0676 KWD
11 January 20241 RON = 0.0678 KWD
12 January 20241 RON = 0.0678 KWD
14 January 20241 RON = 0.0677 KWD
15 January 20241 RON = 0.0677 KWD
16 January 20241 RON = 0.0676 KWD
17 January 20241 RON = 0.0672 KWD
18 January 20241 RON = 0.0673 KWD
19 January 20241 RON = 0.0673 KWD
22 January 20241 RON = 0.0672 KWD
23 January 20241 RON = 0.0672 KWD
24 January 20241 RON = 0.0671 KWD
25 January 20241 RON = 0.0672 KWD
26 January 20241 RON = 0.0670 KWD
28 January 20241 RON = 0.0671 KWD
29 January 20241 RON = 0.0671 KWD
30 January 20241 RON = 0.0669 KWD
31 January 20241 RON = 0.0670 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
RON KWD March 2024
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