Convert Kuwaiti Dinar to Namibian Dollar
Please provide values below to convert Kuwaiti Dinar [KWD] to Namibian Dollar [NAD], or Convert Namibian Dollar to Kuwaiti Dinar.
How to Convert Kuwaiti Dinar to Namibian Dollar
1 KWD = 0.0173851662520564 NAD
Example: convert 15 KWD to NAD:
15 KWD = 15 × 0.0173851662520564 NAD = 0.260777493780847 NAD
Kuwaiti Dinar to Namibian Dollar Conversion Table
| Kuwaiti Dinar | Namibian Dollar |
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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.
Namibian Dollar
The Namibian Dollar (NAD) is the official currency of Namibia, used for all monetary transactions within the country.
History/Origin
Introduced in 1993, replacing the South African Rand at par, the Namibian Dollar was established to establish a distinct national currency following independence from South Africa.
Current Use
The NAD is widely used in Namibia for everyday transactions, banking, and trade, and is pegged at par with the South African Rand, which is also accepted in Namibia.