Kuwaiti dinar

Kuwaiti dinar
دينار كويتي (Arabic)
1 Dinar banknote of Kuwait (sixth edition)
ISO 4217
CodeKWD (numeric: 414)
Subunit0.001
Unit
Symbol د.ك ‎ or KD
Denominations
Subunit
11,000fils
Banknotes
 Freq. usedKD 14, KD 12, KD 1, KD 5, KD 10, KD 20
Coins
 Freq. used5, 10, 20, 50, 100 fulūs
Demographics
Date of introduction1961
User(s) Kuwait
Issuance
Central bankCentral Bank of Kuwait
 Websitewww.cbk.gov.kw
Valuation
Inflation1.50%
 Source The World Factbook, 2017 est.
Pegged withUndisclosed currency basket[1]
$1 USD = 0.29963 KD

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.

  1. ^ "Exchange Rate Policy". www.cbk.gov.kw. Archived from the original on 28 December 2017. Retrieved 14 June 2016.
  2. ^ "New Kuwaiti banknotes due to appear on Sunday designed on bases of beauty, safety". KUNA. 28 June 2014. Archived from the original on 2 July 2014. Retrieved 6 July 2014.
  3. ^ turkeytripguide.net. "Top 10 Strongest Currencies in the World 【2023】". turkeytripguide.net. Retrieved 9 January 2023.