The Kuwaiti Dinar is the currency of Kuwait. Our currency rankings show that the most popular Kuwait Dinar exchange rate is the INR to KWD rate. The currency code for Dinars is KWD, and the currency symbol is ك. Below, you’ll find Kuwaiti Dinar rates and a currency converter. You can also subscribe to our currency newsletters with daily rates and analysis, read Kuwaiti Dinar News, or take KWD rates on the go with our XE Currency Apps and website.
Kuwait’s central bank is called the Central Bank of Kuwait. As of March 2013, the Kuwaiti Dinar is the highest-valued currency in the world.
In 1959, the Persian Gulf Rupee (XPGR) was issued by the Reserve Bank of India to be used in gulf countries, including Kuwait. Up until then, the Indian Rupee circulated alongside a number of different foreign coins. After gaining independence, the Kuwaiti Dinar was introduced in 1961 at a rate of 13.33 IND to 1 KWD. The Central Bank of Kuwait was established in 1969 to manage the state’s currency system. In 1975, the Dinar was pegged to a weighted currency basket. When Iraq invaded Kuwait in 1990, the Iraqi Dinar was used for a brief period and the Kuwaiti Dinar plummeted in value. When the currency was reinstated in early 1991, its value returned to the pre-invasion rate and new banknotes were issued. From 2003 to 2007, the Dinar was pegged to the US Dollar.
Canadian dollar (symbol: $; code: CAD) is the currency of Canada. It is abbreviated with the dollar sign $, or sometimes C$ to distinguish it from other dollar-denominated currencies. It is divided into 100 cents.
Owing to the image of a loon on the one-dollar coin, the currency is sometimes referred to as the Lonnie by foreign exchange traders and analysts.
Canada’s dollar is the 5th most held reserve currency in the world, accounting for approximately 2% of all global reserves, behind only the U.S. dollar, the euro, the yen and the pound sterling.The Canadian dollar is popular with central banks because of Canada’s relative economic soundness, the Canadian government’s strong sovereign position, and the stability of the country’s legal and political systems.
As of January 2015, 1 Kuwaiti dinar is equals 4.25 Canadian dollar. You can monitor these exchange rates online. You can use Yahoo! Finance, Google Finance, xe.com etc websites to monitor the exchange rates between Kuwaiti Dinar to Canadian Dollar.
Google Finance is a website launched on March 21, 2006 by Google. The service features business and enterprise headlines for many corporations including their financial decisions and major news events. Stock information is available, as are Adobe Flash-based stock price charts which contain marks for major news events and corporate actions. The site also aggregates Google News and Google Blog Search articles about each corporation, though links are not screened and often deemed untrustworthy. Google added advertising to its finance page on November 18, 2008 which continues to be shown. Google launched a revamped version of their finance site on December 12, 2006, featuring a new homepage design which lets users see currency information, sector performance for the United States market and a listing of top market movers along with the relevant and important news of the day. A top movers section was also added, based on popularity determined by Google Trends. The upgrade also featured charts containing up to 40 years of data for U.S. stocks, and richer portfolio options. Another update brought real-time ticker updates for stocks to the site, as both NASDAQ and the New York Stock Exchange partnered with Google in June 2008. You can monitor the exchange rates in google finance.
Their website is www.google.com/finance
Features of Google Finance:
- Stock Screener
- Google Domestic Trends
- Recent quotes that are for each individual user.
Yahoo! Finance is a web site sponsored by Yahoo! that provides financial information and commentary with a focus on US markets. The web site offers information such as stock quotes, stock exchange rates, corporate press releases and financial reports, original programming video clips, and message boards. It also offers some online tools for personal finance management. Yahoo! Finance Worldwide offers similar features for international finance markets.
According to comScore data for May 2012, Yahoo! Finance was the top financial news and research website in the United States with more than 37.5 million unique visitors per month.
Their website is www.finance.yahoo.com
XE.com (XE) is a Canadian-based online foreign exchange tools and services company headquartered in Newmarket, Ontario. It is best known for its online currency converter application and offers exchange rate information, online money transfers, and other currency-related services on its web site. XE claims to be the world’s favorite currency site. As of early 2013, independent ranking site Alexa ranks XE in the top 500 of all sites worldwide by traffic, and a top 100 traffic site in Ireland, South Africa, and the UAE.
XE.com offers various free online currency tools, including the XE Currency Converter which allows visitors to check live exchange rates of any world currency. The website also offers free historical charts and rate tables. The company provides a foreign exchange service (XE Trade) and a commercial currency data feed service (XE Data Feed). Other features include customized converters, a currency encyclopedia, travel expense calculator, and forex currency news. In 2010, the company introduced a free mobile app (XE Currency) which is available on iOS, Android, BlackBerry, Windows Phone, and Windows 8 devices. In early 2013, a paid version (XE Currency Pro) was made available for iPhone users.