Convert Kuwaiti Dinar to Bitcoin
Please provide values below to convert Kuwaiti Dinar [KWD] to Bitcoin [BTC], or Convert Bitcoin to Kuwaiti Dinar.
How to Convert Kuwaiti Dinar to Bitcoin
1 KWD = 36142.4008437648 BTC
Example: convert 15 KWD to BTC:
15 KWD = 15 × 36142.4008437648 BTC = 542136.012656472 BTC
Kuwaiti Dinar to Bitcoin Conversion Table
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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.
Bitcoin
Bitcoin (BTC) is a decentralized digital currency that enables peer-to-peer transactions without the need for a central authority or intermediary.
History/Origin
Bitcoin was created in 2009 by an anonymous person or group known as Satoshi Nakamoto, introducing blockchain technology to ensure secure and transparent transactions. It was the first cryptocurrency and sparked the development of numerous other digital currencies.
Current Use
Bitcoin is widely used for online purchases, investment, remittances, and as a store of value. It is also accepted by some merchants and businesses worldwide and is increasingly integrated into financial markets and services.