Convert Ethiopian Birr to Kuwaiti Dinar
Please provide values below to convert Ethiopian Birr [ETB] to Kuwaiti Dinar [KWD], or Convert Kuwaiti Dinar to Ethiopian Birr.
How to Convert Ethiopian Birr to Kuwaiti Dinar
1 ETB = 447.404060248854 KWD
Example: convert 15 ETB to KWD:
15 ETB = 15 × 447.404060248854 KWD = 6711.06090373281 KWD
Ethiopian Birr to Kuwaiti Dinar Conversion Table
| Ethiopian Birr | Kuwaiti Dinar |
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Ethiopian Birr
The Ethiopian Birr (ETB) is the official currency of Ethiopia, used for all monetary transactions within the country.
History/Origin
The Birr was introduced in 1894, replacing the Maria Theresa thaler, and has undergone various reforms and decimalization over the years to modernize Ethiopia's currency system.
Current Use
Today, the Ethiopian Birr is actively used as Ethiopia's legal tender, with coins and banknotes circulating for everyday transactions and economic activities.
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.