Convert Kuwaiti Dinar to Libyan Dinar
Convert Kuwaiti Dinar (KWD) to Libyan Dinar (LYD) 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 Libyan Dinar
The Libyan Dinar (LYD) is the official currency of Libya, one of Africa's largest oil producers with proven reserves among the continent's largest. Introduced in 1971 to replace the Libyan pound, the dinar operates under a fixed official exchange rate managed by the Central Bank of Libya. Libya's monetary system has been significantly disrupted by the ongoing political instability and civil conflict that began in 2011 with the fall of Muammar Gaddafi's government. There have at times been two competing central banks issuing currency.
Quick Reference Table
| Kuwaiti Dinar (KWD) | Libyan Dinar (LYD) |
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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).