Kuwaiti dinar

E70698

The Kuwaiti dinar is the official currency of Kuwait and is known for having one of the highest exchange values in the world.

Aliases (1)

Statements (47)
Predicate Object
instanceOf fiat currency
national currency
centralBank Central Bank of Kuwait
continentOfUse Asia
country Kuwait
currencySymbol KD
د.ك
decimalization 1 dinar = 1000 fils
denominationType banknotes
coins
exchangeRateRegime managed peg
governingLaw Kuwaiti monetary law
hasDenomination 1 dinar
1 fils
10 dinars
10 fils
100 fils
20 dinars
20 fils
5 dinars
5 fils
50 fils
¼ dinar
½ dinar
introduced 1961
ISO4217Code KWD
languageOnBanknotes Arabic
English
legalTenderIn Kuwait
monetaryAuthority Central Bank of Kuwait
monetaryPolicyManagedBy Central Bank of Kuwait
notedFor high exchange value
officialCurrencyOf Kuwait
peggedTo basket of international currencies
previouslyPeggedTo US dollar
rankedAmong world's highest-value currencies
region Gulf Cooperation Council
Middle East
replacedCurrency Gulf rupee
securityFeatures modern anti-counterfeiting features on banknotes
subunit fils
subunitRatio 1 dinar = 1000 fils
symbolPosition placed before the amount in common usage
usedFor domestic transactions in Kuwait
government budgeting in Kuwait
oil revenue accounting in Kuwait
usedIn State of Kuwait


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