Convert Kuwaiti Dinar to United Arab Emirates Dirham
Please provide values below to convert Kuwaiti Dinar [KWD] to United Arab Emirates Dirham [AED], or Convert United Arab Emirates Dirham to Kuwaiti Dinar.
How to Convert Kuwaiti Dinar to United Arab Emirates Dirham
1 KWD = 0.0831586113002042 AED
Example: convert 15 KWD to AED:
15 KWD = 15 × 0.0831586113002042 AED = 1.24737916950306 AED
Kuwaiti Dinar to United Arab Emirates Dirham 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.
United Arab Emirates Dirham
The United Arab Emirates Dirham (AED) is the official currency of the United Arab Emirates, used for all monetary transactions within the country.
History/Origin
The AED was introduced in 1973, replacing the Qatar and Dubai riyal at par, to unify the various currencies used in the emirates and establish a national monetary system.
Current Use
The AED is widely used across the UAE for everyday transactions, banking, and international trade, and is recognized as a stable and reliable currency in the region.