Convert Kuwaiti Dinar to Albanian Lek
Please provide values below to convert Kuwaiti Dinar [KWD] to Albanian Lek [ALL], or Convert Albanian Lek to Kuwaiti Dinar.
How to Convert Kuwaiti Dinar to Albanian Lek
1 KWD = 0.00366203296788946 ALL
Example: convert 15 KWD to ALL:
15 KWD = 15 × 0.00366203296788946 ALL = 0.0549304945183419 ALL
Kuwaiti Dinar to Albanian Lek Conversion Table
| Kuwaiti Dinar | Albanian Lek |
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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.
Albanian Lek
The Albanian Lek (ALL) is the official currency of Albania, used for everyday transactions and financial exchanges within the country.
History/Origin
The Albanian Lek was introduced in 1926, replacing the Albanian franc, and has undergone several reforms, with the current version issued since 1992 to stabilize the economy after the fall of communism.
Current Use
The Albanian Lek is actively used as the primary currency in Albania for all forms of payment, banking, and financial transactions.