Convert Kuwaiti Dinar to Salvadoran Colón
Please provide values below to convert Kuwaiti Dinar [KWD] to Salvadoran Colón [SVC], or Convert Salvadoran Colón to Kuwaiti Dinar.
How to Convert Kuwaiti Dinar to Salvadoran Colón
1 KWD = 0.0349453706823902 SVC
Example: convert 15 KWD to SVC:
15 KWD = 15 × 0.0349453706823902 SVC = 0.524180560235853 SVC
Kuwaiti Dinar to Salvadoran Colón Conversion Table
Kuwaiti Dinar | Salvadoran Colón |
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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.
Salvadoran Colón
The Salvadoran Colón (SVC) was the official currency of El Salvador until 2001, used as the country's monetary unit for everyday transactions.
History/Origin
Introduced in 1892, the Salvadoran Colón replaced the peso and was used until 2001, when El Salvador adopted the United States dollar as its official currency. It was named after Christopher Columbus (Cristóbal Colón).
Current Use
The Salvadoran Colón is no longer in circulation; it was replaced by the US dollar in 2001 and is now obsolete, with no current use in transactions.