Historic Arab Emirates Dirham Kuwaiti Dinar

Arab Emirates Dirham kuwaiti dinar history for February 2024. The highest quote for this month is 0.083906 (15/02/2024) and the lowest 0.083872 (18/02/2024). The difference between high and low is 0.04.

AED KWD average rate for February 2024 is 0.0837, the change between 01/02/2024 and 29/02/2024 is -0.05 %.

01 February 20241 AED = 0.0836 KWD
02 February 20241 AED = 0.0836 KWD
03 February 20241 AED = 0.0836 KWD
04 February 20241 AED = 0.0837 KWD
05 February 20241 AED = 0.0836 KWD
06 February 20241 AED = 0.0837 KWD
07 February 20241 AED = 0.0837 KWD
08 February 20241 AED = 0.0837 KWD
09 February 20241 AED = 0.0837 KWD
12 February 20241 AED = 0.0837 KWD
13 February 20241 AED = 0.0837 KWD
14 February 20241 AED = 0.0838 KWD
15 February 20241 AED = 0.0838 KWD
16 February 20241 AED = 0.0837 KWD
17 February 20241 AED = 0.0839 KWD
18 February 20241 AED = 0.0839 KWD
19 February 20241 AED = 0.0837 KWD
20 February 20241 AED = 0.0837 KWD
21 February 20241 AED = 0.0837 KWD
22 February 20241 AED = 0.0837 KWD
23 February 20241 AED = 0.0837 KWD
24 February 20241 AED = 0.0837 KWD
25 February 20241 AED = 0.0837 KWD
26 February 20241 AED = 0.0837 KWD
27 February 20241 AED = 0.0837 KWD
28 February 20241 AED = 0.0837 KWD
29 February 20241 AED = 0.0837 KWD

17/06/2018: Introduction of New Banknotes

A new series of UAE dirham banknotes, featuring enhanced durability, 3D security features, and tactile marks for visually impaired individuals, is introduced.

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.

01/01/2007: Security Enhancements

New security features, including holograms and advanced anti-counterfeiting measures, are added to the UAE dirham banknotes.

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.

01/12/2002: Introduction of Modern Coinage

A new series of UAE dirham coins, featuring modern designs and security features, is introduced.

20/03/1995: Currency Peg to US Dollar

The UAE dirham is pegged to the United States dollar at a fixed exchange rate of 1 USD to 3.6725 AED.

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.

01/01/1978: Currency Issuance Authority

The UAE Currency Issuing Authority is established, granting the authority to issue and manage the UAE dirham.

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.

28/01/1973: Decoupling from Pound Sterling

The UAE dirham is officially decoupled from the British pound sterling and a new exchange rate is set.

02/12/1971: Formation of UAE

The United Arab Emirates is formed, resulting in the introduction of the UAE dirham as its official currency.

02/01/1961: Kuwaiti Dinar Introduced

The Kuwaiti Dinar (KWD) was officially introduced as the currency of Kuwait, replacing the Gulf Rupee.
AED KWD January 2024
AED KWD February 2024
AED KWD March 2024
AED KWD April 2024
AED KWD May 2024
AED KWD June 2024
AED KWD July 2024
AED KWD August 2024
AED KWD September 2024
AED KWD October 2024
AED KWD November 2024
AED KWD December 2024
AED KWD January 2025