Convert Kazakhstani Tenge to Kuwaiti Dinar
Please provide values below to convert Kazakhstani Tenge [KZT] to Kuwaiti Dinar [KWD], or Convert Kuwaiti Dinar to Kazakhstani Tenge.
How to Convert Kazakhstani Tenge to Kuwaiti Dinar
1 KZT = 1750.84544859201 KWD
Example: convert 15 KZT to KWD:
15 KZT = 15 × 1750.84544859201 KWD = 26262.6817288802 KWD
Kazakhstani Tenge to Kuwaiti Dinar Conversion Table
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Kazakhstani Tenge
The Kazakhstani Tenge (KZT) is the official currency of Kazakhstan, used for all monetary transactions within the country.
History/Origin
Introduced in 1993 following Kazakhstan's independence from the Soviet Union, the Tenge replaced the Soviet ruble and has undergone various redenominations and reforms to stabilize the economy.
Current Use
The Tenge is actively used in Kazakhstan for everyday transactions, banking, and trade, and is managed by the National Bank of Kazakhstan. It features modern security features and is available in both cash and digital forms.
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.