Historic Arab Emirates Dirham Kuwaiti Dinar

Arab Emirates Dirham kuwaiti dinar history for January 2024. The highest quote for this month is 0.08382 (18/01/2024) and the lowest 0.083765 (07/01/2024). The difference between high and low is 0.07.

AED KWD average rate for January 2024 is 0.08364, the change between 01/01/2024 and 31/01/2024 is -0.14 %.

01 January 20241 AED = 0.0835 KWD
02 January 20241 AED = 0.0836 KWD
03 January 20241 AED = 0.0836 KWD
04 January 20241 AED = 0.0836 KWD
05 January 20241 AED = 0.0836 KWD
06 January 20241 AED = 0.0838 KWD
07 January 20241 AED = 0.0838 KWD
08 January 20241 AED = 0.0836 KWD
09 January 20241 AED = 0.0836 KWD
10 January 20241 AED = 0.0836 KWD
11 January 20241 AED = 0.0836 KWD
12 January 20241 AED = 0.0836 KWD
14 January 20241 AED = 0.0837 KWD
15 January 20241 AED = 0.0836 KWD
16 January 20241 AED = 0.0836 KWD
17 January 20241 AED = 0.0837 KWD
18 January 20241 AED = 0.0837 KWD
19 January 20241 AED = 0.0837 KWD
22 January 20241 AED = 0.0837 KWD
23 January 20241 AED = 0.0837 KWD
24 January 20241 AED = 0.0837 KWD
25 January 20241 AED = 0.0836 KWD
26 January 20241 AED = 0.0836 KWD
28 January 20241 AED = 0.0838 KWD
29 January 20241 AED = 0.0836 KWD
30 January 20241 AED = 0.0836 KWD
31 January 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
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