Convert Uruguayan Peso to Kuwaiti Dinar
Please provide values below to convert Uruguayan Peso [UYU] to Kuwaiti Dinar [KWD], or Convert Kuwaiti Dinar to Uruguayan Peso.
How to Convert Uruguayan Peso to Kuwaiti Dinar
1 UYU = 131.957760314342 KWD
Example: convert 15 UYU to KWD:
15 UYU = 15 × 131.957760314342 KWD = 1979.36640471513 KWD
Uruguayan Peso to Kuwaiti Dinar Conversion Table
Uruguayan Peso | Kuwaiti Dinar |
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Uruguayan Peso
The Uruguayan Peso (UYU) is the official currency of Uruguay, used for all monetary transactions within the country.
History/Origin
Introduced in 1993 to replace the Uruguayan Peso Moneda Nacional, the UYU has undergone various redenominations and monetary reforms to stabilize the economy and control inflation.
Current Use
The UYU is widely used in Uruguay for everyday transactions, banking, and trade, and is also accepted in some border regions of neighboring countries.
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.