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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 ...
Currency of Kuwait 1959 – 1961 Succeeded by: Kuwaiti dinar Ratio: 1 dinar = 13 + 1 ⁄ 3 rupees = 1 pound sterling: Currency of Bahrain 1959 – 1965 Succeeded by: Bahraini dinar Ratio: 1 dinar = 10 rupees = 3 ⁄ 4 pound sterling = 15 shillings sterling: Currency of Qatar 1959 – 1966 Succeeded by: Saudi riyal Location: Qatar and Trucial ...
In response to the 2005 Kashmir earthquake, the Kuwaiti government pledged Pakistan US$100 million. [8] Moreover, in the aftermath of the 2010 Pakistan floods , the Kuwaiti government lifted a long-standing ban on collecting donations in public.
The economy of Kuwait is a wealthy petroleum-based economy. [15] Kuwait is one of the richest countries in the world. [16] [17] [18] The Kuwaiti dinar is the highest-valued unit of currency in the world. [citation needed] According to the World Bank, Kuwait is the fifth richest country in the world by gross national income per capita. [19]
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The Bahraini dinar was introduced in 1965, replacing the Gulf rupee at a rate of 10 rupees = 1 dinar. It was initially equivalent to 3 ⁄ 4 of a pound sterling (15 shillings). When sterling was devalued in 1967, the dinar was repegged to 17s 6d sterling (7 ⁄ 8 of a pound). Bahraini coins and notes were introduced at that time.
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