Convert Kuwaiti Dinar to South Korean Won
Please provide values below to convert Kuwaiti Dinar [KWD] to South Korean Won [KRW], or Convert South Korean Won to Kuwaiti Dinar.
How to Convert Kuwaiti Dinar to South Korean Won
1 KWD = 0.000220892782953963 KRW
Example: convert 15 KWD to KRW:
15 KWD = 15 × 0.000220892782953963 KRW = 0.00331339174430944 KRW
Kuwaiti Dinar to South Korean Won Conversion Table
| Kuwaiti Dinar | South Korean Won |
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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.
South Korean Won
The South Korean Won (KRW) is the official currency of South Korea, used for all monetary transactions within the country.
History/Origin
The Won was first introduced in 1945, replacing the Korean yen. It has undergone several redenominations and reforms, with the current form established in 1962 to stabilize the economy after periods of inflation.
Current Use
Today, the South Korean Won is widely used in South Korea for everyday transactions, banking, and international trade, and is managed by the Bank of Korea.