Convert Kuwaiti Dinar to Algerian Dinar
Please provide values below to convert Kuwaiti Dinar [KWD] to Algerian Dinar [DZD], or Convert Algerian Dinar to Kuwaiti Dinar.
How to Convert Kuwaiti Dinar to Algerian Dinar
1 KWD = 0.00234921450543804 DZD
Example: convert 15 KWD to DZD:
15 KWD = 15 × 0.00234921450543804 DZD = 0.0352382175815706 DZD
Kuwaiti Dinar to Algerian Dinar Conversion Table
| Kuwaiti Dinar | Algerian Dinar |
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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.
Algerian Dinar
The Algerian Dinar (DZD) is the official currency of Algeria, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Algerian Dinar was introduced in 1964, replacing the Algerian franc after independence, and has undergone several reforms to stabilize the economy and control inflation.
Current Use
Today, the Dinar remains the official currency of Algeria, used in all financial transactions, banking, and commerce across the country.