Convert Azerbaijani Manat to Kuwaiti Dinar
Please provide values below to convert Azerbaijani Manat [AZN] to Kuwaiti Dinar [KWD], or Convert Kuwaiti Dinar to Azerbaijani Manat.
How to Convert Azerbaijani Manat to Kuwaiti Dinar
1 AZN = 5.56810740013097 KWD
Example: convert 15 AZN to KWD:
15 AZN = 15 × 5.56810740013097 KWD = 83.5216110019646 KWD
Azerbaijani Manat to Kuwaiti Dinar Conversion Table
Azerbaijani Manat | Kuwaiti Dinar |
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Azerbaijani Manat
The Azerbaijani Manat (AZN) is the official currency of Azerbaijan, used for all monetary transactions within the country.
History/Origin
The Azerbaijani Manat was introduced in 1992, replacing the Soviet ruble, and has undergone several redenominations, with the current version introduced in 2006 to stabilize the economy and control inflation.
Current Use
Today, the AZN is widely used in Azerbaijan for everyday transactions, banking, and trade, and is considered a stable currency within the region.
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.