Convert Kuwaiti Dinar to Serbian Dinar
Please provide values below to convert Kuwaiti Dinar [KWD] to Serbian Dinar [RSD], or Convert Serbian Dinar to Kuwaiti Dinar.
How to Convert Kuwaiti Dinar to Serbian Dinar
1 KWD = 0.00305501120871008 RSD
Example: convert 15 KWD to RSD:
15 KWD = 15 × 0.00305501120871008 RSD = 0.0458251681306513 RSD
Kuwaiti Dinar to Serbian Dinar 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.
Serbian Dinar
The Serbian Dinar (RSD) is the official currency of Serbia, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Serbian Dinar has been the official currency of Serbia since 2006, following the monetary reform that replaced the Yugoslav Dinar. It has undergone several changes and revaluations throughout its history, reflecting economic shifts and reforms.
Current Use
The Serbian Dinar is actively used as Serbia's legal tender for all financial transactions, including cash payments, banking, and electronic transfers within the country.