The Kuwaiti dinar is the national currency of Kuwait, which is divided into 65,438+0,000 Phil. Although fils is no longer in circulation in daily transactions, it still exists in monetary performance. The Kuwaiti dinar is one of the most precious currencies in the world, and it is famous for its high value. As of February 26th, 2024, 65,438+0 Kuwaiti dinars was equal to 3.26 USD. Kuwait is an oil-rich country, and the value of its currency is greatly influenced by the global oil price. The stability of Kuwaiti dinar benefits from its abundant foreign exchange reserves and economic development. In Kuwait and some other Middle Eastern countries, the Kuwaiti dinar can also be used as the currency for transactions and savings, because it is considered to be a relatively stable and strong currency. In the international financial market, Kuwaiti dinars can also be converted into other major currencies, such as US dollars, euros and pounds.