Historic Romanian leu Kuwaiti Dinar

Romanian leu kuwaiti dinar history for October 2023. The highest quote for this month is 0.065957 (24/10/2023) and the lowest 0.066422 (24/10/2023). The difference between high and low is -0.71.

RON KWD average rate for October 2023 is 0.06576, the change between 01/10/2023 and 31/10/2023 is -0.41 %.

01 October 20231 RON = 0.0658 KWD
02 October 20231 RON = 0.0659 KWD
03 October 20231 RON = 0.0651 KWD
04 October 20231 RON = 0.0650 KWD
05 October 20231 RON = 0.0653 KWD
06 October 20231 RON = 0.0656 KWD
09 October 20231 RON = 0.0658 KWD
10 October 20231 RON = 0.0658 KWD
11 October 20231 RON = 0.0660 KWD
12 October 20231 RON = 0.0662 KWD
13 October 20231 RON = 0.0656 KWD
16 October 20231 RON = 0.0655 KWD
17 October 20231 RON = 0.0657 KWD
18 October 20231 RON = 0.0658 KWD
19 October 20231 RON = 0.0655 KWD
20 October 20231 RON = 0.0658 KWD
21 October 20231 RON = 0.0660 KWD
22 October 20231 RON = 0.0659 KWD
23 October 20231 RON = 0.0658 KWD
24 October 20231 RON = 0.0664 KWD
25 October 20231 RON = 0.0659 KWD
26 October 20231 RON = 0.0658 KWD
27 October 20231 RON = 0.0657 KWD
29 October 20231 RON = 0.0659 KWD
30 October 20231 RON = 0.0658 KWD
31 October 20231 RON = 0.0660 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.