Convert Kuwaiti Dinar to Indonesian Rupiah
Please provide values below to convert Kuwaiti Dinar [KWD] to Indonesian Rupiah [IDR], or Convert Indonesian Rupiah to Kuwaiti Dinar.
How to Convert Kuwaiti Dinar to Indonesian Rupiah
1 KWD = 1.8750072292764e-05 IDR
Example: convert 15 KWD to IDR:
15 KWD = 15 × 1.8750072292764e-05 IDR = 0.00028125108439146 IDR
Kuwaiti Dinar to Indonesian Rupiah Conversion Table
| Kuwaiti Dinar | Indonesian Rupiah |
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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.
Indonesian Rupiah
The Indonesian Rupiah (IDR) is the official currency of Indonesia, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Rupiah was introduced in 1946 to replace the Dutch East Indies gulden. It has undergone various reforms and redenominations over the years, especially following Indonesia's independence and economic changes, to stabilize the economy and control inflation.
Current Use
Today, the Rupiah is widely used across Indonesia for all forms of financial transactions, including cash payments, banking, and digital transactions. It remains the official legal tender of Indonesia.