Convert Kuwaiti Dinar to British Pound Sterling
Please provide values below to convert Kuwaiti Dinar [KWD] to British Pound Sterling [GBP], or Convert British Pound Sterling to Kuwaiti Dinar.
How to Convert Kuwaiti Dinar to British Pound Sterling
1 KWD = 0.412591191569846 GBP
Example: convert 15 KWD to GBP:
15 KWD = 15 × 0.412591191569846 GBP = 6.18886787354769 GBP
Kuwaiti Dinar to British Pound Sterling Conversion Table
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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.
British Pound Sterling
The British Pound Sterling (GBP) is the official currency of the United Kingdom and its territories, used as a standard unit of monetary value.
History/Origin
The Pound Sterling is one of the oldest currencies still in use, dating back to the 8th century. It was originally a silver coin and has evolved through various forms, including the gold standard and fiat currency, becoming the UK's primary currency in the 19th century.
Current Use
Today, the GBP is widely used in the UK and its territories, serving as the main currency for everyday transactions, banking, and international trade. It is also a major reserve currency globally.