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The Kuwaiti dinar (Arabic: دينار كويتي , code: KWD) is the currency of Kuwait.It is sub-divided into 1,000 fulūs. [2]As of 2023, the Kuwaiti dinar is the currency with the highest value per base unit, with KD 1 equalling US$3.26, [3] ahead of the Bahraini dinar with BD 1 equalling US$2.65 and Omani rial at US$2.60.
Dinar [30] Iraqi dinar [32] IQD Iraq: ع.د [33] Fils [32] Israeli new shekel [34] ILS Israel ₪ [34] [35] Agora [34] [35] Yen [36] JPY Japan ¥ [36] [37] Sen [36] Jordanian dinar [38] JOD Jordan: ينار [39] Qirsh [38] Kazakhstani tenge [40] KZT Kazakhstan: Tiin [40] Kuwaiti dinar [41] KWD Kuwait: ك [41] Fils [41] Kyrgyzstani som [42] KGS ...
4.5 Indian Rupee as exchange rate anchor. 4.6 Other. ... Kuwait Syria Liberia ... Pakistan ; Free floating (33)
East African rupee – Kenya, Somalia, Tanzania and Uganda French Indian rupee – French India Gulf rupee – Bahrain , Kuwait , Oman , Qatar and United Arab Empirates
Pakistan: Pakistani rupee: Re or Rs (pl.) PKR Paisa: 100 Palau: United States dollar $ USD Cent: 100 Palestine: Israeli new shekel ₪ ILS Agora: 100 Jordanian dinar: JD JOD Piastre [H] 100 Panama: Panamanian balboa: B/ PAB Centésimo: 100 United States dollar $ USD Cent: 100 Papua New Guinea: Papua New Guinean kina: K PGK Toea: 100 Paraguay ...
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In summary, the currency units used in Israel, Jordan, Iraq, Kuwait, Oman, and the Yemen are all descended from the pound sterling unit, and the Bahraini dinar partially so, whereas the currency unit that was first used in Qatar and Dubai in 1966 replaced the Indian rupee at its pre-devaluation exchange rate.
Following the devaluation, several of the states still using the Gulf rupee adopted their own currencies. Kuwait had adopted the Kuwaiti dinar in 1961, pegged to the Indian rupee, which was still pegged to the pound sterling. Bahrain created the Bahraini dinar in 1965, at the rate of 1 dinar = 10 rupees.