Convert Uzbekistan Som to Kuwaiti Dinar
Please provide values below to convert Uzbekistan Som [UZS] to Kuwaiti Dinar [KWD], or Convert Kuwaiti Dinar to Uzbekistan Som.
How to Convert Uzbekistan Som to Kuwaiti Dinar
1 UZS = 41605.9963981663 KWD
Example: convert 15 UZS to KWD:
15 UZS = 15 × 41605.9963981663 KWD = 624089.945972495 KWD
Uzbekistan Som to Kuwaiti Dinar Conversion Table
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Uzbekistan Som
The Uzbekistan Som (UZS) is the official currency of Uzbekistan, used for everyday transactions and monetary exchanges within the country.
History/Origin
Introduced in 1993 following Uzbekistan's independence from the Soviet Union, the Som replaced the Russian ruble as the national currency. It has undergone several redenominations and reforms over the years to stabilize the economy.
Current Use
The Uzbekistan Som is actively used for all forms of financial transactions in Uzbekistan, including cash payments, banking, and electronic transfers. It is managed and issued by the Central Bank of Uzbekistan.
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.