Second Issue

The Second issue followed the establishment of CBK in replacement of the Kuwaiti Currency Board, thus taking over the latter's function of issuing currency notes and coins in addition to much broader tasks. The second issue was put into circulation starting on November 17, 1970 for 1/4, 1/2, and 10 Dinars notes and on April 20, 1971 for 1 and 5 Dinars notes. The second issue was withdrawn effective February 1, 1982, and ceased to be a legal tender on May 31, 1982. The right of exchanging these currency notes at the Central Bank of Kuwait has expired on Saturday, February 1, 1992.