Convert Kuwaiti Dinar to Macanese Pataca
Please provide values below to convert Kuwaiti Dinar [KWD] to Macanese Pataca [MOP], or Convert Macanese Pataca to Kuwaiti Dinar.
How to Convert Kuwaiti Dinar to Macanese Pataca
1 KWD = 0.0377708518848323 MOP
Example: convert 15 KWD to MOP:
15 KWD = 15 × 0.0377708518848323 MOP = 0.566562778272484 MOP
Kuwaiti Dinar to Macanese Pataca Conversion Table
| Kuwaiti Dinar | Macanese Pataca |
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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.
Macanese Pataca
The Macanese Pataca (MOP) is the official currency of Macau, used for everyday transactions and financial dealings within the region.
History/Origin
Introduced in 1999, the Pataca replaced the Macau pataca, and has since been pegged to the Hong Kong dollar at a fixed rate, reflecting Macau's economic ties with Hong Kong and China.
Current Use
The Pataca remains the primary currency in Macau, widely used for commerce, banking, and tourism-related transactions.