55th Anniversary Of The Decree For Launching Kuwaiti Dinar Will Fall On 19 Oct

19 October 2015 Kuwait

The 55th anniversary of the decree for launching the Kuwaiti dinar will fall on 19 October, an occasion depicting the country's progress and prosperity, for the banknote is an iconic symbol of its sovereignty and pride. The dinar was issued in April of 1961, to be the official currency of Kuwait. Later, it was re-printed in various versions, the first on November 17 of 1970, and the second time on 20 February, 1980.

 

                                                       The first issue of the Kuwaiti Dinar

 

Following the Iraqi invasion of Kuwait in 1990, during which the occupation forces robbed the Central Bank, the Kuwaiti legitimate authorities cancelled the stolen banknotes, and later on, the fourth copy of the dinar was printed.

The fifth edition was on April 4, 1994. The sixth was on May 19 of year 2014, before becoming officially in circulation on June 29 of the same year. 

 

SOURCE : THETIMES

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