KWD to USD – Kuwaiti Dinar to US Dollar Currency Converter

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The Kuwaiti Dinar is the currency of Kuwait. The KWD is made up of 1000 fils and can be subdivided into 1000 parts (fils). Kuwait has been a member of the World Trade Organization (WTO) since 2000, which means that it abides by the rules set out in this agreement. Kuwait’s currency rates are not fixed and fluctuate depending on demand for Kuwaiti Dinars.

The Kuwaiti Dinar was first introduced in 1961 following the independence of Kuwait from Britain. It replaced currency that had been issued by the British Bank of Iraq, but there isn’t a lot of information about what these banknotes were called or their values prior to being taken over as Kuwait’s currency. The Iraqi dinar and Kurdish dinar are both pegged at a fixed rate with each other, at one for every 100 Kurdish Dinars (KD).

The most traded countries between Kuwait are mainly the ones that Kuwait has alliances with, including the United States and Britain.

Exchange Rate from KWD to USD

Kuwait was one of three countries to have a currency pegged at $38 per dinar (US dollars) during the Gulf War following Iraq’s invasion in 1990. The other two currencies were Jordan and Saudi Arabia, but both pegs broke down by 1995 due to speculation on the value of those countries’ currencies against US Dollars.

To date it is not possible for investors or customers to exchange Kuwaiti Dinars into GBP or USD as KWD are only accepted domestically from businesses within Kuwait.

1 KWD to USD can be calculated here and it fluctuates on a regular basis.

KWD to USD Kuwaiti Dinar to US Dollars Currency Calculator

A Kuwaiti Dinar can be exchanged with many currencies but the USD would be the most popular for investors or customers.

It is important to stay up-to-date with the latest currency fluctuations for KWD to USD conversion rate.

Exchange Rates to American Dollars ( USD – $ ) from

Canadian Dollars ( CAD – CA$ ) British Pound Sterling ( GBP – £ )
Euro ( EUR – € ) Swiss Franc ( CHF – Fr )
Australian Dollar ( AUD- AU$ ) Singapore Dollar ( SGD- S$ )
Kuwaiti Dinar ( KWD – KD ) Bahraini Dinar ( BHD – BD )
Jordanian Dinar ( JOD – JD ) Omani Rial ( OMR – R.O. )
Cuban Peso ( CUP – $ ) Cayman Islands Dollar ( KYD – $ )

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