1/2 Dinar

This is the post-liberation series, issued after Kuwait's reoccupation in February 1991 following the Iraqi invasion and seven-month occupation. The entire pre-war currency stock was considered compromised — Iraqi authorities had printed and circulated counterfeit Kuwaiti dinars during the occupation, and the legitimate note supply had been looted in enormous quantities. A complete currency replacement was the only viable response, and Thomas De La Rue moved quickly to produce the new series.

The half dinar Pick 18 is the lowest denomination of that replacement issue. De La Rue's watermark security on this series was deliberately upgraded from the previous generation, a direct consequence of how systematically the occupation-era counterfeiting had exposed weaknesses in the old notes.