Convert Kuwaiti Dinar to Liberian Dollar
Please provide values below to convert Kuwaiti Dinar [KWD] to Liberian Dollar [LRD], or Convert Liberian Dollar to Kuwaiti Dinar.
How to Convert Kuwaiti Dinar to Liberian Dollar
1 KWD = 0.00152331510077123 LRD
Example: convert 15 KWD to LRD:
15 KWD = 15 × 0.00152331510077123 LRD = 0.0228497265115685 LRD
Kuwaiti Dinar to Liberian Dollar Conversion Table
| Kuwaiti Dinar | Liberian Dollar |
|---|
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.
Liberian Dollar
The Liberian Dollar (LRD) is the official currency of Liberia, used for all monetary transactions within the country.
History/Origin
The Liberian Dollar was introduced in 1943, replacing the Liberian Pound, and has undergone various reforms to stabilize the economy and manage inflation.
Current Use
Today, the Liberian Dollar is widely used in Liberia for everyday transactions, with coins and banknotes issued by the Central Bank of Liberia.