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The Kuwaiti dinar (Arabic: دينار كويتي , code: KWD) is the currency of Kuwait.It is sub-divided into 1,000 fulūs. [2]As of 2023, the Kuwaiti dinar is the currency with the highest value per base unit, with KD 1 equalling US$3.26, [3] ahead of the Bahraini dinar with BD 1 equalling US$2.65 and Omani rial at US$2.60.
Following the devaluation, several of the states still using the Gulf rupee adopted their own currencies. Kuwait had adopted the Kuwaiti dinar in 1961, pegged to the Indian rupee, which was still pegged to the pound sterling. Bahrain created the Bahraini dinar in 1965, at the rate of 1 dinar = 10 rupees.
As part of independence in 1961, the government established the Kuwaiti dinar as its currency and reissued the 1959 stamps in the new values, also adding some new designs, for a total of 18 values, ranging from 1 fils to 3 dinars. Subsequently, Kuwaiti stamp issues followed a pattern typical of many Arab countries, with designs tending to ...
On 1 April 1961, Kuwait adopted a dinar unit at a 1:1 par with the pound sterling to replace the Gulf rupee, and it remained at this parity until 18 November 1967, when Harold Wilson devalued the pound sterling.
View history; Tools. Tools. move to sidebar hide. Actions ... Kuwaiti dinar [40] KWD ... Kopek [1] Sri Lankan rupee [76] LKR
Kuwait City Currency (1923) 12 pies = 1 anna, 16 annas = 1 rupee (1957) 100 naye paise = 1 rupee (1961) 1000 fils = 1 dinar Main article Postage stamps and postal history of Kuwait See also British Postal Agencies in Eastern Arabia
Iraqi dinar – Iraq; Jordanian dinar – Jordan, Palestinian territories; Kelantanese dinar – Kelantan; Krajina dinar – Krajina; Kuwaiti dinar – Kuwait; Libyan dinar – Libya; Republika Srpska dinar – Republika Srpska; Serbian dinar – Serbia; South Yemeni dinar – South Yemen; Sudanese dinar – Sudan; Swiss dinar – Iraq ...
Colour key and notes Indicates that a given currency is pegged to another currency (details) Italics indicates a state or territory with a low level of international recognition State or territory Currency Symbol [D] or Abbrev. ISO code Fractional unit Number to basic Abkhazia Abkhazian apsar [E] аҧ (none) (none) (none) Russian ruble ₽ RUB Kopeck 100 Afghanistan Afghan afghani ؋ AFN ...