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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.
De Facto Classification of Exchange Rate Arrangements, as of April 30, 2021, and Monetary Policy Frameworks [2]; Exchange rate arrangement (Number of countries) Exchange rate anchor
Pakistan: Pakistani rupee: Re or Rs (pl.) 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 ...
Dinar [29] Iraqi dinar [31] IQD Iraq: ع.د [32] Fils [31] Israeli new shekel [33] ILS Israel ₪ [33] [34] Agora [33] [34] Yen [35] JPY Japan ¥ [35] [36] Sen [35] Jordanian dinar [37] JOD Jordan: ينار [38] Qirsh [37] Kazakhstani tenge [39] KZT Kazakhstan: Tiin [39] Kuwaiti dinar [40] KWD Kuwait: ك [40] Fils [40] Kyrgyzstani som [41] KGS ...
Kuwait, [a] officially the State of Kuwait, [b] is a country in West Asia and the geopolitical region known as the Middle East.It is situated in the northern edge of the Arabian Peninsula at the head of the Persian Gulf, bordering Iraq to the north and Saudi Arabia to the south. [15]
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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.
At the same time, Saddam Hussein made the Kuwaiti dinar equal to the Iraqi dinar, thereby lowering the Kuwaiti currency to one-twelfth of its original value. In response, Sheikh Jaber al-Ahmad al-Sabah ruled the banknotes as invalid and refused to reimburse stolen notes, which became worthless because of a UN embargo.