Convert Kuwaiti Dinar to Lebanese Pound
Please provide values below to convert Kuwaiti Dinar [KWD] to Lebanese Pound [LBP], or Convert Lebanese Pound to Kuwaiti Dinar.
How to Convert Kuwaiti Dinar to Lebanese Pound
1 KWD = 3.4122905027933e-06 LBP
Example: convert 15 KWD to LBP:
15 KWD = 15 × 3.4122905027933e-06 LBP = 5.11843575418994e-05 LBP
Kuwaiti Dinar to Lebanese Pound 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.
Lebanese Pound
The Lebanese Pound (LBP) is the official currency of Lebanon, used for everyday transactions and financial exchanges within the country.
History/Origin
The Lebanese Pound was introduced in 1939, replacing the Lebanese lira, and has undergone various devaluations and reforms due to economic challenges and political instability over the decades.
Current Use
Today, the Lebanese Pound remains the official currency of Lebanon, but due to economic crises, the country also extensively uses the US dollar for transactions and savings.