Kuwaiti Dinar (KWD) Exchange Rates on 16th December 2018 (16/12/2018)
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Exchange rates for Kuwaiti Dinar (KWD)
| Updated: 2018-12-16 | |||||||||
| Convert from | Convert to | 1 KWD | Conversion | in currency | Conversion | ||||
 KWD |
 GBP |
2.1522 | KWD to GBP | 0.4646 | GBP to KWD | ||||
| KWD |
 BGN |
5.2975 | KWD to BGN | 0.1888 | BGN to KWD | ||||
| KWD |
 HRK |
20.5876 | KWD to HRK | 0.0486 | HRK to KWD | ||||
| KWD |
 CZK |
74.556 | KWD to CZK | 0.0134 | CZK to KWD | ||||
| KWD |
 DKK |
20.1039 | KWD to DKK | 0.0497 | DKK to KWD | ||||
| KWD |
 EEK |
0 | KWD to EEK | 0 | EEK to KWD | ||||
| KWD |
 HUF |
848.6382 | KWD to HUF | 0.0012 | HUF to KWD | ||||
| KWD |
 KZT |
635.2042 | KWD to KZT | 0.0016 | KZT to KWD | ||||
| KWD |
 LVL |
1.8975 | KWD to LVL | 0.527 | LVL to KWD | ||||
| KWD |
 LTL |
9.3259 | KWD to LTL | 0.1072 | LTL to KWD | ||||
| KWD |
 MKD |
165.8111 | KWD to MKD | 0.006 | MKD to KWD | ||||
| KWD |
 MDL |
49.9069 | KWD to MDL | 0.02 | MDL to KWD | ||||
| KWD |
 NOK |
22.2707 | KWD to NOK | 0.0449 | NOK to KWD | ||||
| KWD |
 PLN |
11.3363 | KWD to PLN | 0.0882 | PLN to KWD | ||||
| KWD |
 RON |
11.9322 | KWD to RON | 0.0838 | RON to KWD | ||||
| KWD |
 RUB |
131.0719 | KWD to RUB | 0.0076 | RUB to KWD | ||||
| KWD |
 SKK |
0 | KWD to SKK | 0 | SKK to KWD | ||||
| KWD |
 SEK |
24.8878 | KWD to SEK | 0.0402 | SEK to KWD | ||||
| KWD |
 CHF |
3.2665 | KWD to CHF | 0.3061 | CHF to KWD | ||||
| KWD |
 TRY |
7.6832 | KWD to TRY | 0.1302 | TRY to KWD | ||||
| KWD |
 UAH |
45.3006 | KWD to UAH | 0.0221 | UAH to KWD | ||||
Kuwaiti Dinar (KWD)
Sign د.ك
1 Kuwaiti Dinar is subdivided into 1000 fils.
The Kuwaiti dinar is symbolized in currency markets by its three letter code KWD. In everyday monetary transactions it uses any of the following two symbols "د.ك" or "K.D." dependent upon the context. The KWD itself enjoys the distinction that it is the highest valued currency in the world. This classification is determined by the amounts of goods and services a single unit of a particular currency can purchase.
Coins used:
5, 10, 20, 50, 100 fils
Banknotes used:
¼, ½, 1, 5, 10, 20 dinars
Central Bank
Central Bank of Kuwait
http://www.cbk.gov.kw
The Central Bank of Kuwait controls all monetary policy and circulation issues with regard to the KWD. Each dinar can be subdivided in 1/100th dinar units known as "fils". The current coins in circulation denominated as KWD are valued at 5, 10, 20, 50, and 100 fils. The paper banknotes in circulation denominated in KWD are valued at ¼, ½, 1, 5, 10, and 20 dinars.
The KWD has undergone several revisions of circulation and issuance over the past several decades. The most recent was the emergency printing of the KWD on Kuwaiti's liberation from Iraq, with a current series, known as the fifth series KWD, being issued in 1994. All series and issues prior to 1994 are no longer legal tender due to the vast amount that was stolen by Iraq during their occupation. This 1994 issue is in use to this day and incorporates many advanced security features not found in previous series.
From 1975 through 2003 the KWD was set in valuation to a fixed basket of currencies. From 2003-2007 that fix was transferred to a United States dollar (USD) peg. Currently the KWD has been pegged again to a basket of currencies, though a different basket than the one from 1975-2003.
Other References
Wikipedia article on Kuwaiti Dinar
XE.com Live Currency Converter for KWD
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