Convert Kuwaiti Dinar to Indian Rupee
Please provide values below to convert Kuwaiti Dinar [KWD] to Indian Rupee [INR], or Convert Indian Rupee to Kuwaiti Dinar.
How to Convert Kuwaiti Dinar to Indian Rupee
1 KWD = 0.0035352418700434 INR
Example: convert 15 KWD to INR:
15 KWD = 15 × 0.0035352418700434 INR = 0.053028628050651 INR
Kuwaiti Dinar to Indian Rupee 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.
Indian Rupee
The Indian Rupee (INR) is the official currency of India, used for everyday transactions and financial exchanges within the country.
History/Origin
The Indian Rupee has a history dating back to ancient India, where it was used as a silver coin. It was formally adopted as the official currency during British rule and has evolved through various denominations and reforms to its current form.
Current Use
Today, the INR is widely used across India for all forms of monetary transactions, both cash and digital, and is managed by the Reserve Bank of India. It is also accepted in some neighboring countries and is a recognized currency in international trade.