Convert Liberian Dollar to Kuwaiti Dinar
Please provide values below to convert Liberian Dollar [LRD] to Kuwaiti Dinar [KWD], or Convert Kuwaiti Dinar to Liberian Dollar.
How to Convert Liberian Dollar to Kuwaiti Dinar
1 LRD = 656.462999345121 KWD
Example: convert 15 LRD to KWD:
15 LRD = 15 × 656.462999345121 KWD = 9846.94499017682 KWD
Liberian Dollar to Kuwaiti Dinar Conversion Table
| Liberian Dollar | Kuwaiti Dinar |
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Liberian Dollar
The Liberian Dollar (LRD) is the official currency of Liberia, used for all monetary transactions within the country.
History/Origin
The Liberian Dollar was introduced in 1943, replacing the Liberian Pound, and has undergone various reforms to stabilize the economy and manage inflation.
Current Use
Today, the Liberian Dollar is widely used in Liberia for everyday transactions, with coins and banknotes issued by the Central Bank of Liberia.
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.