Kuwaiti dinar

Kuwaiti dinar
دينار كويتي (Arabic)
1 Dinar banknote of Kuwait (sixth edition)
ISO 4217
CodeKWD (numeric: 414)
Subunit0.001
Unit
Symbol د.ك or KD
Denominations
Subunit
11,000fils
Banknotes
Freq. usedKD 14, KD 12, KD 1, KD 5, KD 10, KD 20
Coins
Freq. used5, 10, 20, 50, 100 fulūs
Rarely used1 fils
Demographics
Date of introduction1961
User(s) Kuwait
Issuance
Central bankKuwait Currency Board (1961-1969)
Central Bank of Kuwait (since 1969)
Websitewww.cbk.gov.kw
Valuation
Inflation1.50%
Source The World Factbook, 2017 est.
Pegged withUndisclosed currency basket
$1 USD = 0.29963 KD

The Kuwaiti dinar (Arabic: دينار كويتي, code: KWD) is the currency of Kuwait. It is sub-divided into 1,000 fulūs.

As of 2023, the Kuwaiti dinar is the currency with the highest value per base unit, with KD 1 equalling US$3.26, ahead of the Bahraini dinar with BD 1 equalling US$2.65 and Omani rial at US$2.60.