Convert Kuwaiti Dinar to Colombian Peso
Please provide values below to convert Kuwaiti Dinar [KWD] to Colombian Peso [COP], or Convert Colombian Peso to Kuwaiti Dinar.
How to Convert Kuwaiti Dinar to Colombian Peso
1 KWD = 7.5754854710424e-05 COP
Example: convert 15 KWD to COP:
15 KWD = 15 × 7.5754854710424e-05 COP = 0.00113632282065636 COP
Kuwaiti Dinar to Colombian Peso Conversion Table
| Kuwaiti Dinar | Colombian Peso |
|---|
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.
Colombian Peso
The Colombian Peso (COP) is the official currency of Colombia, used for all monetary transactions within the country.
History/Origin
The Colombian Peso was introduced in 1810, replacing the real, and has undergone various reforms and redenominations over the years to stabilize the economy and modernize the currency system.
Current Use
Today, the COP is widely used in Colombia for everyday transactions, banking, and international trade, with coins and banknotes issued by the Banco de la República.