Convert Kuwaiti Dinar to Egyptian Pound
Please provide values below to convert Kuwaiti Dinar [KWD] to Egyptian Pound [EGP], or Convert Egyptian Pound to Kuwaiti Dinar.
How to Convert Kuwaiti Dinar to Egyptian Pound
1 KWD = 0.00622330540249747 EGP
Example: convert 15 KWD to EGP:
15 KWD = 15 × 0.00622330540249747 EGP = 0.0933495810374621 EGP
Kuwaiti Dinar to Egyptian Pound Conversion Table
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Kuwaiti Dinar
The Kuwaiti Dinar (KWD) is the official currency of Kuwait, used as the country's legal tender for all transactions.
History/Origin
The Kuwaiti Dinar was introduced in 1960, replacing the Gulf rupee at par. It was initially pegged to the British pound and later to the US dollar, maintaining a stable and strong currency due to Kuwait's oil wealth.
Current Use
Today, the Kuwaiti Dinar remains one of the highest-valued currencies globally, widely used within Kuwait for all financial transactions and recognized for its stability and strength in international markets.
Egyptian Pound
The Egyptian Pound (EGP) is the official currency of Egypt, used for all monetary transactions within the country.
History/Origin
The Egyptian Pound was introduced in 1898, replacing the Egyptian piastre, and has undergone various reforms and decimalization over the years to modernize the currency system.
Current Use
Today, the Egyptian Pound is the primary currency in Egypt, issued and regulated by the Central Bank of Egypt, and is used in everyday transactions, banking, and trade.