Convert Kuwaiti Dinar to Hong Kong Dollar
Please provide values below to convert Kuwaiti Dinar [KWD] to Hong Kong Dollar [HKD], or Convert Hong Kong Dollar to Kuwaiti Dinar.
How to Convert Kuwaiti Dinar to Hong Kong Dollar
1 KWD = 0.0389054498203776 HKD
Example: convert 15 KWD to HKD:
15 KWD = 15 × 0.0389054498203776 HKD = 0.583581747305664 HKD
Kuwaiti Dinar to Hong Kong Dollar Conversion Table
| Kuwaiti Dinar | Hong Kong Dollar |
|---|
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.
Hong Kong Dollar
The Hong Kong Dollar (HKD) is the official currency of Hong Kong, issued by the Hong Kong Monetary Authority, and used for daily transactions and financial activities in Hong Kong.
History/Origin
The Hong Kong Dollar was introduced in 1935, replacing the Hong Kong British Pound, and has since evolved through various monetary arrangements, including pegging to the US Dollar since 1983 to stabilize the currency.
Current Use
Today, the HKD is widely used in Hong Kong for all forms of commerce, banking, and international trade, and is one of the most traded currencies in the world.