Convert Armenian Dram to Kuwaiti Dinar

Please provide values below to convert Armenian Dram [AMD] to Kuwaiti Dinar [KWD], or Convert Kuwaiti Dinar to Armenian Dram.

How to Convert Armenian Dram to Kuwaiti Dinar

1 AMD = 1257.54092992796 KWD

Example: convert 15 AMD to KWD:
15 AMD = 15 × 1257.54092992796 KWD = 18863.1139489195 KWD

Armenian Dram to Kuwaiti Dinar Conversion Table

Armenian Dram	Kuwaiti Dinar

Armenian Dram

The Armenian Dram (AMD) is the official currency of Armenia, used for all monetary transactions within the country.

History/Origin

The Armenian Dram was introduced in 1993 following Armenia's independence from the Soviet Union, replacing the Soviet ruble as the national currency.

Current Use

The AMD is actively used in Armenia for everyday transactions, banking, and trade, and is managed by the Central Bank of Armenia.

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.

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