Wednesday, November 4, 2009

Kuwaiti Dinar - Money

The currency in Kuwait is the Dinar, which the current exchange rate is about 1KD = $3.5 Ouch!!!! It is the highest valued currency in the world. One Dinar breaks down into 1000 fils. The Dinar comes in paper denominations of 20, 10, 5, 1, 1/2, and 1/4. Therefore, 1/2 KD = 500 fils and 1/4 KD = 250 fils. Besides the 1/2 and 1/4 KD denominations, the fils are issued in coins (5, 10, 20, 50, 100). I will bring home some coins (since they are hard to photograph) and they are cheaper. I am not planning on bringing home Kuwaiti Dinars, since at the current exchange rate the amount shown in the pictures (1 of each denomination) is approximately $130. But I thought I would share the photos of the dinar. You will notice that one side is in English and the other side is in Arabic. The money depicts various scenes and monuments just like the US dollar. Also, one can notice the amount of detail and the various anti-counterfeit techniques that have been used. And you should also be able to notice that as the Dinar value decreases so does the size of the paper. And now you can all learn you Arabic Numbers....

ARABIC





ENGLISH



3 comments:

  1. "Money makes the world go around, the world go around, the world go around"
    You know how bad I am with numbers!!! but good job trying to explain it!

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  2. Learn the difference between gambling and trading, to protect your self. The Iraqi dinar market can be harmful for those with predilections towards gambling and addictive behavior. Discover the warning indicators of a gambling problem like disposition swings, obsession using the market and an inability to regulate your conduct. In the event you see these patterns quit buying and selling and acquire some help.


    Selling Iraqi Dinar

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