Convert Canadian Dollar to Kuwaiti Dinar
Please provide values below to convert Canadian Dollar [CAD] to Kuwaiti Dinar [KWD], or Convert Kuwaiti Dinar to Canadian Dollar.
How to Convert Canadian Dollar to Kuwaiti Dinar
1 CAD = 4.46136214800262 KWD
Example: convert 15 CAD to KWD:
15 CAD = 15 × 4.46136214800262 KWD = 66.9204322200393 KWD
Canadian Dollar to Kuwaiti Dinar Conversion Table
Canadian Dollar | Kuwaiti Dinar |
---|
Canadian Dollar
The Canadian Dollar (CAD) is the official currency of Canada, used as the country's primary medium of exchange and store of value.
History/Origin
The Canadian Dollar was introduced in 1858, replacing the Canadian pound, and has since evolved into a stable currency, with its value influenced by Canada's economic policies and global markets.
Current Use
Today, the CAD is widely used in Canada for everyday transactions, international trade, and as a reserve currency, with its value fluctuating based on economic conditions and currency markets.
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.