28/06/2019: Withdrawal of the $2 note
The Central Bank of Solomon Islands announced the withdrawal of the $2 note from circulation, promoting the use of coins instead.
02/01/2012: Introduction of polymer banknotes
The Central Bank of Solomon Islands issued polymer banknotes to replace the paper ones, enhancing durability and security.
02/05/2011: Renewal of currency design
The Central Bank of Solomon Islands introduced new banknotes with enhanced security features and a refreshed design.
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.
22/03/1993: Introduction of the $2 coin
The $2 coin was introduced as a new denomination of the Solomon Islands Dollar.
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.
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.
25/01/1979: Monetary Authority Act
The Monetary Authority Act was passed, establishing the Central Bank of Solomon Islands as the sole issuer and regulator of the SBD.
06/07/1977: Introduction of the Solomon Islands Dollar
The Solomon Islands Dollar was introduced as the official currency replacing the Australian Dollar at a rate of 1:1.
07/06/1977: Independence of Solomon Islands
Solomon Islands gained independence from British rule, establishing the need for their own currency, the Solomon Islands Dollar (SBD).
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.