Convert Aruban Florin to Kuwaiti Dinar
Please provide values below to convert Aruban Florin [AWG] to Kuwaiti Dinar [KWD], or Convert Kuwaiti Dinar to Aruban Florin.
How to Convert Aruban Florin to Kuwaiti Dinar
1 AWG = 5.8611656843484 KWD
Example: convert 15 AWG to KWD:
15 AWG = 15 × 5.8611656843484 KWD = 87.9174852652259 KWD
Aruban Florin to Kuwaiti Dinar Conversion Table
Aruban Florin | Kuwaiti Dinar |
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Aruban Florin
The Aruban Florin (AWG) is the official currency of Aruba, used as a medium of exchange within the country.
History/Origin
The Aruban Florin was introduced in 1986, replacing the Netherlands Antillean Guilder at par, to establish a distinct national currency for Aruba.
Current Use
The AWG is widely used in Aruba for all daily transactions, banking, and trade, and is pegged to the US dollar at a fixed rate.
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.