Convert Kuwaiti Dinar to Canadian Dollar
Please provide values below to convert Kuwaiti Dinar [KWD] to Canadian Dollar [CAD], or Convert Canadian Dollar to Kuwaiti Dinar.
How to Convert Kuwaiti Dinar to Canadian Dollar
1 KWD = 0.224146788990826 CAD
Example: convert 15 KWD to CAD:
15 KWD = 15 × 0.224146788990826 CAD = 3.36220183486239 CAD
Kuwaiti Dinar to Canadian Dollar 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.
Canadian Dollar
The Canadian Dollar (CAD) is the official currency of Canada, used as the country's primary medium of exchange and store of value.
History/Origin
The Canadian Dollar was introduced in 1858, replacing the Canadian pound, and has since evolved into a stable currency, with its value influenced by Canada's economic policies and global markets.
Current Use
Today, the CAD is widely used in Canada for everyday transactions, international trade, and as a reserve currency, with its value fluctuating based on economic conditions and currency markets.