Convert Kuwaiti Dinar to Armenian Dram
Convert Kuwaiti Dinar (KWD) to Armenian Dram (AMD) using daily updated exchange rates.
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Exchange Rate
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About Kuwaiti Dinar
The Kuwaiti Dinar (KWD) consistently holds the title of the world's highest-valued currency unit by exchange rate - 1 Kuwaiti Dinar is currently worth approximately 3.25 US Dollars. Introduced in 1961 when Kuwait gained independence from Britain, it replaced the Gulf rupee. Kuwait is a small but immensely wealthy Gulf state with the world's sixth-largest proven oil reserves relative to its size, generating enormous per capita wealth. The Central Bank of Kuwait manages the dinar, which is pegged to an undisclosed basket of currencies.
About Armenian Dram
The Armenian Dram (AMD) became the official currency of Armenia in November 1993, replacing the Soviet ruble following the country's independence from the USSR in 1991. Its name derives from the historic silver coin used in medieval Armenia. The Central Bank of Armenia oversees monetary policy and issues dram banknotes and coins. Armenia's economy is heavily influenced by remittances from the Armenian diaspora and exports of diamonds, minerals, and brandy. The dram is divided into 100 luma, though luma coins are no longer in circulation due to low purchasing power.
Quick Reference Table
| Kuwaiti Dinar (KWD) | Armenian Dram (AMD) |
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Exchange rates are updated daily and provided for informational purposes only. Not suitable for financial transactions. Source: fawazahmed0/exchange-api (MIT license).