Convert Kuwaiti Dinar to Swiss Franc
Please provide values below to convert Kuwaiti Dinar [KWD] to Swiss Franc [CHF], or Convert Swiss Franc to Kuwaiti Dinar.
How to Convert Kuwaiti Dinar to Swiss Franc
1 KWD = 0.384199270348472 CHF
Example: convert 15 KWD to CHF:
15 KWD = 15 × 0.384199270348472 CHF = 5.76298905522707 CHF
Kuwaiti Dinar to Swiss Franc Conversion Table
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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.
Swiss Franc
The Swiss Franc (CHF) is the official currency of Switzerland and Liechtenstein, used as a standard monetary unit for transactions and financial purposes.
History/Origin
The Swiss Franc was introduced in 1850, replacing various local currencies, and has since become a stable and widely recognized currency, with its value historically linked to gold until the abandonment of the gold standard in the 20th century.
Current Use
Today, the Swiss Franc is used primarily in Switzerland and Liechtenstein for everyday transactions, banking, and international trade, and is considered a major reserve currency globally.