Convert Kuwaiti Dinar to Bulgarian Lev
Please provide values below to convert Kuwaiti Dinar [KWD] to Bulgarian Lev [BGN], or Convert Bulgarian Lev to Kuwaiti Dinar.
How to Convert Kuwaiti Dinar to Bulgarian Lev
1 KWD = 0.183137443031902 BGN
Example: convert 15 KWD to BGN:
15 KWD = 15 × 0.183137443031902 BGN = 2.74706164547853 BGN
Kuwaiti Dinar to Bulgarian Lev 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.
Bulgarian Lev
The Bulgarian Lev (BGN) is the official currency of Bulgaria, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Lev was introduced in 1881, replacing the Bulgarian lev of the Ottoman Empire, and has undergone several reforms, most notably in 1999 when the current fixed exchange rate system was established to stabilize the economy.
Current Use
The Bulgarian Lev is the sole legal tender in Bulgaria, widely used in all financial transactions, banking, and commerce within the country, and is pegged to the Euro at a fixed rate.