Convert Kuwaiti Dinar to Cambodian Riel
Please provide values below to convert Kuwaiti Dinar [KWD] to Cambodian Riel [KHR], or Convert Cambodian Riel to Kuwaiti Dinar.
How to Convert Kuwaiti Dinar to Cambodian Riel
1 KWD = 7.60641262925516e-05 KHR
Example: convert 15 KWD to KHR:
15 KWD = 15 × 7.60641262925516e-05 KHR = 0.00114096189438827 KHR
Kuwaiti Dinar to Cambodian Riel Conversion Table
| Kuwaiti Dinar | Cambodian Riel |
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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.
Cambodian Riel
The Cambodian Riel (KHR) is the official currency of Cambodia, used for everyday transactions and priced in the local economy.
History/Origin
The Riel was introduced in 1953, replacing the French Indochinese piastre, and has undergone various redenominations and reforms over the years to stabilize the economy.
Current Use
Today, the Riel is primarily used domestically for most transactions, alongside the US dollar, which is also widely accepted in Cambodia.