Convert Kuwaiti Dinar to Euro
Please provide values below to convert Kuwaiti Dinar [KWD] to Euro [EUR], or Convert Euro to Kuwaiti Dinar.
How to Convert Kuwaiti Dinar to Euro
1 KWD = 0.358156444235956 EUR
Example: convert 15 KWD to EUR:
15 KWD = 15 × 0.358156444235956 EUR = 5.37234666353935 EUR
Kuwaiti Dinar to Euro 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.
Euro
The euro (EUR) is the official currency of the Eurozone, used by 19 of the 27 European Union member states, and is one of the world's major reserve currencies.
History/Origin
The euro was introduced in electronic form in 1999 and banknotes and coins entered circulation on January 1, 2002, replacing national currencies and fostering economic integration within the Eurozone.
Current Use
The euro is widely used across the Eurozone countries for everyday transactions, international trade, and as a reserve currency held by central banks worldwide.