Convert United Arab Emirates Dirham to Kuwaiti Dinar
Please provide values below to convert United Arab Emirates Dirham [AED] to Kuwaiti Dinar [KWD], or Convert Kuwaiti Dinar to United Arab Emirates Dirham.
How to Convert United Arab Emirates Dirham to Kuwaiti Dinar
1 AED = 12.0252128356254 KWD
Example: convert 15 AED to KWD:
15 AED = 15 × 12.0252128356254 KWD = 180.378192534381 KWD
United Arab Emirates Dirham to Kuwaiti Dinar Conversion Table
United Arab Emirates Dirham | Kuwaiti Dinar |
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United Arab Emirates Dirham
The United Arab Emirates Dirham (AED) is the official currency of the United Arab Emirates, used for all monetary transactions within the country.
History/Origin
The AED was introduced in 1973, replacing the Qatar and Dubai riyal at par, to unify the various currencies used in the emirates and establish a national monetary system.
Current Use
The AED is widely used across the UAE for everyday transactions, banking, and international trade, and is recognized as a stable and reliable currency in the region.
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.