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The Kuwaiti Dinar (ISO 4217 code KWD) is Kuwait's official currency. One Kuwaiti Dinar is equal to 1000 Kuwaiti Fils. It was established in 1960 replacing the Indian rupee
The following banknotes are produced:
- Quarter of a Dinar (250 Fils)
- Half a Dinar (500 Fils)
- 1 Dinar (1000 Fils)
- 5 Dinar
- 10 Dinar
- 20 Dinar
There are also the following coins:
- 1 Fils (very rare)
- 5 Fils
- 10 Fils
- 20 Fils
- 50 Fils
- 100 Fils
The 1 Fils coin is so rare that it is used sometimes for bragging.
As of January 2, 2005 the Kuwaiti dinar was worth 3.39328 USD making it the world's highest valued currency unit.
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