Convert Kuwaiti Dinar to Czech Republic Koruna
Please provide values below to convert Kuwaiti Dinar [KWD] to Czech Republic Koruna [CZK], or Convert Czech Republic Koruna to Kuwaiti Dinar.
How to Convert Kuwaiti Dinar to Czech Republic Koruna
1 KWD = 0.014544934990713 CZK
Example: convert 15 KWD to CZK:
15 KWD = 15 × 0.014544934990713 CZK = 0.218174024860694 CZK
Kuwaiti Dinar to Czech Republic Koruna 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.
Czech Republic Koruna
The Czech Republic Koruna (CZK) is the official currency of the Czech Republic, used for all monetary transactions within the country.
History/Origin
The Koruna was introduced in 1993 following the dissolution of Czechoslovakia, replacing the Czechoslovak koruna at par. It has undergone various reforms and decimalization over the years.
Current Use
The CZK is widely used in everyday transactions, banking, and international trade within the Czech Republic. It is also accepted in some neighboring regions and is actively traded on the foreign exchange market.