Convert Malaysian Ringgit to Kuwaiti Dinar
Please provide values below to convert Malaysian Ringgit [MYR] to Kuwaiti Dinar [KWD], or Convert Kuwaiti Dinar to Malaysian Ringgit.
How to Convert Malaysian Ringgit to Kuwaiti Dinar
1 MYR = 13.8552717747217 KWD
Example: convert 15 MYR to KWD:
15 MYR = 15 × 13.8552717747217 KWD = 207.829076620825 KWD
Malaysian Ringgit to Kuwaiti Dinar Conversion Table
| Malaysian Ringgit | Kuwaiti Dinar |
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Malaysian Ringgit
The Malaysian Ringgit (MYR) is the official currency of Malaysia, used for all monetary transactions within the country.
History/Origin
The Ringgit was introduced in 1967, replacing the Malayan dollar. It was initially pegged to the British Pound and later to the US Dollar, with a floating exchange rate established in 1998.
Current Use
The MYR is widely used in Malaysia for everyday transactions, banking, and international trade, and is managed by Bank Negara Malaysia, the country's central bank.
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.