Convert Kuwaiti Dinar to Solomon Islands Dollar
Please provide values below to convert Kuwaiti Dinar [KWD] to Solomon Islands Dollar [SBD], or Convert Solomon Islands Dollar to Kuwaiti Dinar.
How to Convert Kuwaiti Dinar to Solomon Islands Dollar
1 KWD = 0.0370608579576482 SBD
Example: convert 15 KWD to SBD:
15 KWD = 15 × 0.0370608579576482 SBD = 0.555912869364723 SBD
Kuwaiti Dinar to Solomon Islands Dollar Conversion Table
| Kuwaiti Dinar | Solomon Islands Dollar |
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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.
Solomon Islands Dollar
The Solomon Islands Dollar (SBD) is the official currency of the Solomon Islands, used for all monetary transactions within the country.
History/Origin
The Solomon Islands Dollar was introduced in 1977, replacing the Australian dollar at par, to establish a distinct national currency following independence from British rule.
Current Use
The SBD is widely used in the Solomon Islands for everyday transactions, banking, and trade, and is pegged to a basket of currencies to maintain stability.