Convert Kuwaiti Dinar to Singapore Dollar
Please provide values below to convert Kuwaiti Dinar [KWD] to Singapore Dollar [SGD], or Convert Singapore Dollar to Kuwaiti Dinar.
How to Convert Kuwaiti Dinar to Singapore Dollar
1 KWD = 0.238649683519575 SGD
Example: convert 15 KWD to SGD:
15 KWD = 15 × 0.238649683519575 SGD = 3.57974525279362 SGD
Kuwaiti Dinar to Singapore Dollar Conversion Table
Kuwaiti Dinar | Singapore Dollar |
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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.
Singapore Dollar
The Singapore Dollar (SGD) is the official currency of Singapore, used for all monetary transactions within the country.
History/Origin
The Singapore Dollar was introduced in 1967, replacing the Malayan dollar, and has since evolved into a stable currency managed by the Monetary Authority of Singapore.
Current Use
Today, the SGD is widely used in Singapore for everyday transactions, banking, and international trade, and is considered a major Asian currency.