Convert Kuwaiti Dinar to Uruguayan Peso
Please provide values below to convert Kuwaiti Dinar [KWD] to Uruguayan Peso [UYU], or Convert Uruguayan Peso to Kuwaiti Dinar.
How to Convert Kuwaiti Dinar to Uruguayan Peso
1 KWD = 0.00757818257613542 UYU
Example: convert 15 KWD to UYU:
15 KWD = 15 × 0.00757818257613542 UYU = 0.113672738642031 UYU
Kuwaiti Dinar to Uruguayan Peso Conversion Table
| Kuwaiti Dinar | Uruguayan Peso |
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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.
Uruguayan Peso
The Uruguayan Peso (UYU) is the official currency of Uruguay, used for all monetary transactions within the country.
History/Origin
Introduced in 1993 to replace the Uruguayan Peso Moneda Nacional, the UYU has undergone various redenominations and monetary reforms to stabilize the economy and control inflation.
Current Use
The UYU is widely used in Uruguay for everyday transactions, banking, and trade, and is also accepted in some border regions of neighboring countries.