Convert Kuwaiti Dinar to Canadian Dollar
Convert Kuwaiti Dinar (KWD) to Canadian Dollar (CAD) using daily updated exchange rates.
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Exchange Rate
Exchange rates are updated daily.
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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 Canadian Dollar
The Canadian Dollar (CAD), nicknamed the "Loonie" after the loon bird on the one-dollar coin, was introduced in 1858 and has been the official currency of Canada since Confederation in 1867. It is the sixth most traded currency in global foreign exchange markets. Canada's economy is among the world's ten largest and is closely integrated with the US economy under the USMCA (formerly NAFTA) agreement. The Bank of Canada manages monetary policy with a floating exchange rate.
Quick Reference Table
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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).