Convert Kuwaiti Dinar to Ethiopian Birr
Please provide values below to convert Kuwaiti Dinar [KWD] to Ethiopian Birr [ETB], or Convert Ethiopian Birr to Kuwaiti Dinar.
How to Convert Kuwaiti Dinar to Ethiopian Birr
1 KWD = 0.00223511605916983 ETB
Example: convert 15 KWD to ETB:
15 KWD = 15 × 0.00223511605916983 ETB = 0.0335267408875475 ETB
Kuwaiti Dinar to Ethiopian Birr Conversion Table
| Kuwaiti Dinar | Ethiopian Birr |
|---|
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.
Ethiopian Birr
The Ethiopian Birr (ETB) is the official currency of Ethiopia, used for all monetary transactions within the country.
History/Origin
The Birr was introduced in 1894, replacing the Maria Theresa thaler, and has undergone various reforms and decimalization over the years to modernize Ethiopia's currency system.
Current Use
Today, the Ethiopian Birr is actively used as Ethiopia's legal tender, with coins and banknotes circulating for everyday transactions and economic activities.