Euro to Kuwaiti Dinar — exchange rate

Country of Circulation: European Union

Currency Code, Symbol: EUR, €

Denominations of coins in circulation: 1c, 2c, 5c, 10c, 20c, 50c, €1, €2

Denominations of banknotes in circulation: €5, €10, €20, €50, €100

History: The euro (sign: €, code: EUR, number: 978) is a currency unit that is used for payment on the Eurozone territory. It is used among the majority of European countries: in Germany, Austria, Spain, France, Greece, etc. A common abbreviation of the currency is EUR.Every euro is worth 100 cents. Sometimes the coins are called eurocents to avoid misunderstanding. The € currency was introduced in 2002 after the official establishment of the European Union. It has replaced a lot of European currencies: Greek drachma, Lithuanian litas, Slovak krona and so on. Introducing euro on a vast territory has allowed to remove transfer commission connected to conversion. Many preserved local currencies have a rate closely tied to EUR.Read More

Country of Circulation: Kuwait

Currency Code, Symbol: KWD, KD

Denominations of coins in circulation: 1, 5, 10, 20, 50, 100 fils

Denominations of banknotes in circulation: 1⁄4, ​1⁄2, 1, 5, 10, 20 dinars

History: The Kuwaiti dinar (KD) is the national currency of the emirate-state Kuwait. The currency is not used for payment in other countries. Abbreviation KWD is commonly used for currency exchange.Fils are coins used for change for the Kuwaiti dinar. Every KWD equals 1000 fils. The currency was introduced in circulation in 1965. Itreplaced the outdated currency – the Gulf rupee. The Kuwaiti dinar is a stable currency that floats. It has a special design. The obverse has writings in Arabic, and the reverse has them in English, plus denomination.Read More