Convert Philippine Peso to Kuwaiti Dinar
Please provide values below to convert Philippine Peso [PHP] to Kuwaiti Dinar [KWD], or Convert Kuwaiti Dinar to Philippine Peso.
How to Convert Philippine Peso to Kuwaiti Dinar
1 PHP = 186.451538965291 KWD
Example: convert 15 PHP to KWD:
15 PHP = 15 × 186.451538965291 KWD = 2796.77308447937 KWD
Philippine Peso to Kuwaiti Dinar Conversion Table
| Philippine Peso | Kuwaiti Dinar |
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Philippine Peso
The Philippine Peso (PHP) is the official currency of the Philippines, used for all monetary transactions within the country.
History/Origin
The Philippine Peso was first introduced during the Spanish colonial period in the 16th century and has undergone various reforms and changes in design and denomination over the years, becoming the official currency of the Philippines in 1946 after independence.
Current Use
Today, the PHP is widely used in everyday transactions, banking, and commerce in the Philippines, and it is also traded in foreign exchange markets globally.
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.