Convert Kuwaiti Dinar to Maldivian Rufiyaa
Please provide values below to convert Kuwaiti Dinar [KWD] to Maldivian Rufiyaa [MVR], or Convert Maldivian Rufiyaa to Kuwaiti Dinar.
How to Convert Kuwaiti Dinar to Maldivian Rufiyaa
1 KWD = 0.0197820989493594 MVR
Example: convert 15 KWD to MVR:
15 KWD = 15 × 0.0197820989493594 MVR = 0.296731484240391 MVR
Kuwaiti Dinar to Maldivian Rufiyaa Conversion Table
| Kuwaiti Dinar | Maldivian Rufiyaa |
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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.
Maldivian Rufiyaa
The Maldivian Rufiyaa (MVR) is the official currency of the Maldives, used for all monetary transactions within the country.
History/Origin
Introduced in 1981, the Maldivian Rufiyaa replaced the Maldivian Rupee at par, and has since been the nation's standard currency, with various banknotes and coins issued over the years.
Current Use
The MVR is widely used across the Maldives for daily transactions, tourism, and trade, and is managed by the Maldives Monetary Authority.