Convert Kuwaiti Dinar to Argentine Peso
Please provide values below to convert Kuwaiti Dinar [KWD] to Argentine Peso [ARS], or Convert Argentine Peso to Kuwaiti Dinar.
How to Convert Kuwaiti Dinar to Argentine Peso
1 KWD = 0.000241199838884194 ARS
Example: convert 15 KWD to ARS:
15 KWD = 15 × 0.000241199838884194 ARS = 0.00361799758326291 ARS
Kuwaiti Dinar to Argentine Peso Conversion Table
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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.
Argentine Peso
The Argentine Peso (ARS) is the official currency of Argentina, used for all monetary transactions within the country.
History/Origin
The Argentine Peso was first introduced in 1881, replacing the Argentine Austral. It has undergone several revaluations and reforms, with the current peso being reintroduced in 1992 after a period of hyperinflation and currency instability.
Current Use
Today, the ARS is the legal tender in Argentina, used for everyday transactions, banking, and trade. It is managed by the Central Bank of Argentina and remains subject to inflationary pressures and economic fluctuations.