Convert Kuwaiti Dinar to Georgian Lari
Please provide values below to convert Kuwaiti Dinar [KWD] to Georgian Lari [GEL], or Convert Georgian Lari to Kuwaiti Dinar.
How to Convert Kuwaiti Dinar to Georgian Lari
1 KWD = 0.11271868310327 GEL
Example: convert 15 KWD to GEL:
15 KWD = 15 × 0.11271868310327 GEL = 1.69078024654905 GEL
Kuwaiti Dinar to Georgian Lari 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.
Georgian Lari
The Georgian Lari (GEL) is the official currency of Georgia, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Georgian Lari was introduced in 1995, replacing the Georgian coupon as the country's official currency, to stabilize the economy and establish a national monetary system.
Current Use
The GEL is actively used in Georgia for all forms of financial transactions, including cash, banking, and electronic payments, and is managed by the National Bank of Georgia.