KWD - Kuwaiti Dinar

The Kuwaiti Dinar is the currency of Kuwait. Our currency rankings show that the most popular Kuwaiti Dinar exchange rate is the KWD to USD rate. The currency code for Dinars is KWD, and the currency symbol is KD. Below, you'll find Kuwaiti Dinar rates and a currency converter.

Kuwait's central bank is called the Central Bank of Kuwait. As of March 2013, the Kuwaiti Dinar is the highest-valued currency in the world.

In 1959, the Persian Gulf Rupee (XPGR) was issued by the Reserve Bank of India to be used in gulf countries, including Kuwait. Up until then, the Indian Rupee circulated alongside a number of different foreign coins. After gaining independence, the Kuwaiti Dinar was introduced in 1961 at a rate of 13.33 IND to 1 KWD. The Central Bank of Kuwait was established in 1969 to manage the state's currency system. In 1975, the Dinar was pegged to a weighted currency basket. When Iraq invaded Kuwait in 1990, the Iraqi Dinar was used for a brief period and the Kuwaiti Dinar plummeted in value. When the currency was reinstated in early 1991, its value returned to the pre-invasion rate and new banknotes were issued. From 2003 to 2007, the Dinar was pegged to the US Dollar.

Kuwaiti Dinar Stats

NameKuwaiti Dinar
Symbolك
Minor unit1/1000 = Fils
Minor unit symbolFils
Inflation1.50%
Top KWD conversionKWD to USD
Top KWD chartKWD to USD chart

Kuwaiti Dinar Profile

CoinsFreq used: Fils5, Fils10, Fils20, Fils50, Fils100
Bank notesFreq used: Fils250, Fils500, ك1, ك5, ك10, ك20
Users
Kuwait

Live Currency Rates

CurrencyRateChange
EUR / USD1.05334
GBP / EUR1.16914
USD / JPY130.338
GBP / USD1.23151
USD / CHF0.995807
USD / CAD1.30278
EUR / JPY137.290
AUD / USD0.693594

Central Bank Rates

CurrencyInterest Rate
JPY-0.10%
CHF-0.75%
EUR0.00%
USD0.75%
CAD0.50%
AUD0.10%
NZD1.00%
GBP1.00%