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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.
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]
Present currency ISO 4217 code Country or dependency (administrating country) Currency symbol Algerian dinar: DZD Algeria: دج (Arabic) or DA (Latin) Bahraini dinar [1] BHD Bahrain.د.ب [2] Iraqi dinar [3] IQD Iraq: ع.د [4] Jordanian dinar [5] JOD Jordan: ينار [6] Kuwaiti dinar [7] KWD Kuwait: ك [7] Tunisian dinar: TND Tunisia
The SNB continued its policy of currency intervention to prevent excessive appreciation of the Swiss franc (CHF), particularly in the context of the European debt crisis. Reserves surged to over $800 billion by 2014 as the SNB purchased large amounts of foreign currencies to stabilize the franc. In 2015, the SNB shocked markets by abandoning ...
The Kuwaiti currency is the highest-valued currency unit in the world. ... Turkey is the largest economy in the Middle East followed by Saudi Arabia, Iran and the UAE.
Kuwait: Kuwaiti dinar: KD ... Euro, the currency used by the most countries and territories, the second-largest reserve currency and the second-most traded currency.
International dollar – hypothetical currency pegged 1:1 to the United States dollar; ... Gulf rupee – Bahrain, Kuwait, Oman, Qatar and United Arab Empirates;
Currency distribution of global foreign exchange market turnover [1. Currency ISO 4217 code Symbol or Abbrev. [2] Proportion of daily volume Change (2019–2022)