Convert Kuwaiti Dinar to Ugandan Shilling
Please provide values below to convert Kuwaiti Dinar [KWD] to Ugandan Shilling [UGX], or Convert Ugandan Shilling to Kuwaiti Dinar.
How to Convert Kuwaiti Dinar to Ugandan Shilling
1 KWD = 8.56357258115667e-05 UGX
Example: convert 15 KWD to UGX:
15 KWD = 15 × 8.56357258115667e-05 UGX = 0.0012845358871735 UGX
Kuwaiti Dinar to Ugandan Shilling Conversion Table
| Kuwaiti Dinar | Ugandan Shilling |
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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.
Ugandan Shilling
The Ugandan Shilling (UGX) is the official currency of Uganda, used for all monetary transactions within the country.
History/Origin
The Ugandan Shilling was introduced in 1966, replacing the East African Shilling, and has undergone various denominations and reforms over the years to stabilize the economy.
Current Use
Today, the UGX is widely used in Uganda for everyday transactions, banking, and trade, and is managed by the Bank of Uganda.