Convert Kuwaiti Dinar to Icelandic Króna
Please provide values below to convert Kuwaiti Dinar [KWD] to Icelandic Króna [ISK], or Convert Icelandic Króna to Kuwaiti Dinar.
How to Convert Kuwaiti Dinar to Icelandic Króna
1 KWD = 0.00250921235873356 ISK
Example: convert 15 KWD to ISK:
15 KWD = 15 × 0.00250921235873356 ISK = 0.0376381853810034 ISK
Kuwaiti Dinar to Icelandic Króna Conversion Table
| Kuwaiti Dinar | Icelandic Króna |
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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.
Icelandic Króna
The Icelandic Króna (ISK) is the official currency of Iceland, used as the country's primary medium of exchange.
History/Origin
The Króna was introduced in 1981, replacing the Icelandic Krona at par, and has undergone various redenominations and reforms since its inception.
Current Use
The ISK is actively used in Iceland for all financial transactions, including cash, banking, and electronic payments, and is managed by the Central Bank of Iceland.