Convert Kuwaiti Dinar to Omani Rial
Please provide values below to convert Kuwaiti Dinar [KWD] to Omani Rial [OMR], or Convert Omani Rial to Kuwaiti Dinar.
How to Convert Kuwaiti Dinar to Omani Rial
1 KWD = 0.794278283485045 OMR
Example: convert 15 KWD to OMR:
15 KWD = 15 × 0.794278283485045 OMR = 11.9141742522757 OMR
Kuwaiti Dinar to Omani Rial Conversion Table
| Kuwaiti Dinar | Omani Rial |
|---|
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.
Omani Rial
The Omani Rial (OMR) is the official currency of Oman, used for all monetary transactions within the country.
History/Origin
The Omani Rial was introduced in 1970, replacing the Gulf rupee at par, and has since been the standard currency of Oman, with its value stabilized through pegging to the US dollar.
Current Use
The Omani Rial is widely used in Oman for everyday transactions, banking, and trade, and is subdivided into 1000 baisa.