Convert Kuwaiti Dinar to Bhutanese Ngultrum
Please provide values below to convert Kuwaiti Dinar [KWD] to Bhutanese Ngultrum [BTN], or Convert Bhutanese Ngultrum to Kuwaiti Dinar.
How to Convert Kuwaiti Dinar to Bhutanese Ngultrum
1 KWD = 0.00353539738491726 BTN
Example: convert 15 KWD to BTN:
15 KWD = 15 × 0.00353539738491726 BTN = 0.0530309607737589 BTN
Kuwaiti Dinar to Bhutanese Ngultrum Conversion Table
| Kuwaiti Dinar | Bhutanese Ngultrum |
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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.
Bhutanese Ngultrum
The Bhutanese Ngultrum (BTN) is the official currency of Bhutan, used for all monetary transactions within the country.
History/Origin
Introduced in 1974, the Ngultrum replaced the Indian Rupee as Bhutan's official currency, establishing a separate national currency to promote economic independence.
Current Use
The Ngultrum remains the official currency of Bhutan, widely used in everyday transactions, with coins and banknotes issued by the Royal Monetary Authority of Bhutan.