Convert Kuwaiti Dinar to Turkmenistani Manat
Please provide values below to convert Kuwaiti Dinar [KWD] to Turkmenistani Manat [TMT], or Convert Turkmenistani Manat to Kuwaiti Dinar.
How to Convert Kuwaiti Dinar to Turkmenistani Manat
1 KWD = 0.0872571428571429 TMT
Example: convert 15 KWD to TMT:
15 KWD = 15 × 0.0872571428571429 TMT = 1.30885714285714 TMT
Kuwaiti Dinar to Turkmenistani Manat 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.
Turkmenistani Manat
The Turkmenistani Manat (TMT) is the official currency of Turkmenistan, used for all monetary transactions within the country.
History/Origin
The Turkmenistani Manat was introduced in 1993, replacing the Soviet ruble, and has undergone several redenominations to stabilize the economy and control inflation.
Current Use
Today, the Manat is widely used in Turkmenistan for everyday transactions, banking, and trade, with banknotes and coins issued by the Central Bank of Turkmenistan.