Convert Kuwaiti Dinar to Turkish Lira
Please provide values below to convert Kuwaiti Dinar [KWD] to Turkish Lira [TRY], or Convert Turkish Lira to Kuwaiti Dinar.
How to Convert Kuwaiti Dinar to Turkish Lira
1 KWD = 0.00755179806482084 TRY
Example: convert 15 KWD to TRY:
15 KWD = 15 × 0.00755179806482084 TRY = 0.113276970972313 TRY
Kuwaiti Dinar to Turkish Lira 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.
Turkish Lira
The Turkish Lira (TRY) is the official currency of Turkey, used for everyday transactions and financial exchanges within the country.
History/Origin
The Turkish Lira was first introduced in 1923, replacing the Ottoman lira. It has undergone several revaluations and reforms, including the introduction of the New Turkish Lira in 2005 to address inflation and currency stability issues.
Current Use
Today, the Turkish Lira is the primary currency used in Turkey for all economic activities. It is also accepted in some regions of Northern Cyprus and is used in financial markets and banking transactions across the country.