Convert Falkland Islands Pound to Kuwaiti Dinar
Please provide values below to convert Falkland Islands Pound [FKP] to Kuwaiti Dinar [KWD], or Convert Kuwaiti Dinar to Falkland Islands Pound.
How to Convert Falkland Islands Pound to Kuwaiti Dinar
1 FKP = 2.42403405370007 KWD
Example: convert 15 FKP to KWD:
15 FKP = 15 × 2.42403405370007 KWD = 36.360510805501 KWD
Falkland Islands Pound to Kuwaiti Dinar Conversion Table
| Falkland Islands Pound | Kuwaiti Dinar |
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Falkland Islands Pound
The Falkland Islands Pound (FKP) is the official currency of the Falkland Islands, pegged at par to the British Pound Sterling.
History/Origin
Introduced in 1899, the Falkland Islands Pound has been used as the local currency, maintaining a fixed exchange rate with the British Pound, and has evolved alongside economic developments in the islands.
Current Use
The Falkland Islands Pound is actively used for all local transactions, issued by the Falkland Islands Monetary Authority, and is accepted alongside the British Pound within the islands.
Kuwaiti Dinar
The Kuwaiti Dinar (KWD) is the official currency of Kuwait, used as the country's legal tender for all transactions.
History/Origin
The Kuwaiti Dinar was introduced in 1960, replacing the Gulf rupee at par. It was initially pegged to the British pound and later to the US dollar, maintaining a stable and strong currency due to Kuwait's oil wealth.
Current Use
Today, the Kuwaiti Dinar remains one of the highest-valued currencies globally, widely used within Kuwait for all financial transactions and recognized for its stability and strength in international markets.