Convert Kuwaiti Dinar to Azerbaijani Manat
Please provide values below to convert Kuwaiti Dinar [KWD] to Azerbaijani Manat [AZN], or Convert Azerbaijani Manat to Kuwaiti Dinar.
How to Convert Kuwaiti Dinar to Azerbaijani Manat
1 KWD = 0.179594236989121 AZN
Example: convert 15 KWD to AZN:
15 KWD = 15 × 0.179594236989121 AZN = 2.69391355483681 AZN
Kuwaiti Dinar to Azerbaijani Manat 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.
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.