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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.
PKR Paisa: 100 Palau: United States dollar $ USD Cent: 100 Palestine [K] Israeli new shekel ₪ ILS Agora: 100 Egyptian pound: LE EGP Piastre [B] 100 Jordanian dinar: JD JOD Piastre [J] 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 ...
The 1, 5, and 10 fils are struck in bronze, with the higher denominations in cupro-nickel. The fils coins were the same size and composition as the corresponding Qatar and Dubai dirham coins. In 1995, the 5 fils, 10 fils, 50 fils, and 1 dirham coins were reduced in size, with the new 50 fils being curve-equilateral-heptagonal shaped.
The Qatari riyal is pegged to the US dollar at a fixed exchange rate of US$1 = QR 3.64. This rate was enshrined into Qatari law by Royal Decree No.34 of 2001, signed by Hamad bin Khalifa Al Thani , Emir of Qatar , on 9 July 2001.
The fils (Arabic: فلس) is a subdivision of currency used in some Arab countries, such as Iraq and Bahrain. The term is a modern retranscription of fals , an early medieval Arab coin. "Fils" is the singular form in Arabic, not plural (as its final consonant might indicate to an English speaker).
The spot exchange rate is the current exchange rate, while the forward exchange rate is an exchange rate that is quoted and traded today but for delivery and payment on a specific future date. In the retail currency exchange market, different buying and selling rates will be quoted by money dealers.
The State Bank of Pakistan then stabilized the exchange rate by lowering interest rates and buying dollars, to preserve the country's export competitiveness. 2008 was termed a disastrous year for the rupee after the elections: between December 2007 and August 2008, it lost 23% of its value, falling to a record low of Rs.79/ 20 against the US ...
After the end of the first Gulf War in 1991 Pakistani army engineers were involved in mine-clearance operations in the country. The present level of Kuwaiti exports to Pakistan is $750 million. Pakistani exports to Kuwait are $50 million.