Pound Sterling to Kuwaiti Dinar — exchange rate

Country of Circulation: United Kingdom, Guernsey, Isle of Man, Jersey

Currency Code, Symbol: GBP, £

Denominations of coins in circulation: 1p, 2p, 5p, 10p, 20p, 50p, £1, £2

Denominations of banknotes in circulation: £1, £5, £10, £20, £50, £100

History: The British pound or pound sterling (symbol: £, code: GBP, number: 826) is the national currency of the United Kingdom of Great Britain. It is an official currency of Gibraltar, the Falkland Islands, Saint Helena. The GBP abbreviation is used to identify £ in the international financial arena.Change is called pence, also known as British pennies. One GBP has 100 pennies. It is one of the oldest world currencies. The currency was issued in 1694, replacing the East African rupee. In spite of mass euro introduction on the European territory, Great Britain refused to get rid of its local currency. Pound sterling has remained the main reserve currency for many governments for a long time.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 Itreplaced the outdated currency – the Gulf rupee.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