Convert Kuwaiti Dinar to Russian Ruble
Please provide values below to convert Kuwaiti Dinar [KWD] to Russian Ruble [RUB], or Convert Russian Ruble to Kuwaiti Dinar.
How to Convert Kuwaiti Dinar to Russian Ruble
1 KWD = 0.00389489149398549 RUB
Example: convert 15 KWD to RUB:
15 KWD = 15 × 0.00389489149398549 RUB = 0.0584233724097824 RUB
Kuwaiti Dinar to Russian Ruble 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.
Russian Ruble
The Russian Ruble (RUB) is the official currency of Russia, used for everyday transactions and financial exchanges within the country.
History/Origin
The Ruble has been the currency of Russia for centuries, with origins dating back to the 13th century. It has undergone various reforms and redenominations, most notably after the Soviet Union's dissolution in 1991, establishing the modern RUB as the national currency.
Current Use
Today, the Russian Ruble is widely used throughout Russia for all forms of payment, including cash, electronic transfers, and banking transactions. It is also traded on international currency markets.