Kuwaiti Dinar Currency | Kuwait Dinar Notes Coins
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Kuwaiti dinar Currency:
Kuwaiti dinar is the official currency of Kuwait and it is subdivided into 1,000 equal parts called fils. The Kuwaiti dinar is the highest-valued currency unit in the world. The currency issuance and circulation is under the powers of the central bank of Kuwaiti. In 1960, the dinar was introduced to replace the Gulf rupee. In 1990, Iraq occupied Kuwaiti when Iraqi dinar replaced the Kuwaiti dinar and large quantities of banknotes were stolen by the invading forces. After liberation, the Kuwaiti Dinar was restored as the country’s currency and a new banknote series was introduced.
In 1961, the coins issued for circulation are of the denominations of 1, 5,10,20,50,100 fils. The Kuwaiti dinar banknotes have been printed in six series. First series of bank notes were issued in 1960 in the denominations of 1⁄4, 1⁄2, 1, 5 and 10 dinars. The currency notes are in denomination of 1⁄4, 1⁄2, 1, 5, 10, 20 dinars are the currently circulating notes.
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Kuwaiti Dinar (Kuwait):
Code: KWD
Subunit:
1⁄1,000 = fils
Symbol: د.ك or KD
Banknotes:
1⁄4, 1⁄2, 1, 5, 10, 20 dinars
Coins:
5, 10, 20, 50, 100 fils
Central bank:
Central Bank of Kuwait
Other Currencies,
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