Convert Kuwaiti Dinar to Manx pound
Please provide values below to convert Kuwaiti Dinar [KWD] to Manx pound [IMP], or Convert Manx pound to Kuwaiti Dinar.
How to Convert Kuwaiti Dinar to Manx Pound
1 KWD = 0.412535458597866 IMP
Example: convert 15 KWD to IMP:
15 KWD = 15 × 0.412535458597866 IMP = 6.18803187896799 IMP
Kuwaiti Dinar to Manx Pound Conversion Table
Kuwaiti Dinar | Manx pound |
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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.
Manx Pound
The Manx pound (IMP) is the official currency of the Isle of Man, subdivided into 100 pence, and used as the island's legal tender.
History/Origin
The Manx pound has been in use since the Isle of Man established its own currency system, historically linked to the British pound, with banknotes issued by local banks since the 19th century.
Current Use
Today, the Manx pound is pegged to the British pound at par and is used alongside British currency for everyday transactions and local commerce on the Isle of Man.