The phrase 'As High as a Kite' means to feel very happy and excited.
Example of Use: "Winning the prize gave my self-confidence a tremendous boost; I felt as high as a kite for several days afterwards."
Scholars know that the idiom 'as high as a kite' originated in the United States, but they do not agree on the time frame. The word 'high' was first used as a noun describing a state of euphoria in 1953, so the phrase is a relatively new one when taken in context with the history of idioms in general.