Convert Salvadoran Colón to Kuwaiti Dinar
Please provide values below to convert Salvadoran Colón [SVC] to Kuwaiti Dinar [KWD], or Convert Kuwaiti Dinar to Salvadoran Colón.
How to Convert Salvadoran Colón to Kuwaiti Dinar
1 SVC = 28.6160936476752 KWD
Example: convert 15 SVC to KWD:
15 SVC = 15 × 28.6160936476752 KWD = 429.241404715128 KWD
Salvadoran Colón to Kuwaiti Dinar Conversion Table
Salvadoran Colón | Kuwaiti Dinar |
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Salvadoran Colón
The Salvadoran Colón (SVC) was the official currency of El Salvador until 2001, used as the country's monetary unit for everyday transactions.
History/Origin
Introduced in 1892, the Salvadoran Colón replaced the peso and was used until 2001, when El Salvador adopted the United States dollar as its official currency. It was named after Christopher Columbus (Cristóbal Colón).
Current Use
The Salvadoran Colón is no longer in circulation; it was replaced by the US dollar in 2001 and is now obsolete, with no current use in transactions.
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.