KWD


Also found in: Acronyms.

KWD

The ISO 4217 currency code for the Kuwait Dinar.

KWD

ISO 4217 code for the Kuwaiti dinar. It was issued in 1961, replacing the Gulf rupee. It was initially pegged to the British pound. Between 1975 and 2003, it was pegged to a currency basket. In 2003, it shifted the peg to the U.S. dollar. However, Kuwait shifted the peg back to a currency basket in 2007 because the dollar was weak at the time, resulting in high inflation for the dinar.
References in periodicals archive ?
The issuance not only represents the only KWD-denominated bond issued in 2017, but also marks the largest KWD issuance by a Kuwaiti Corporate, reflecting KIPCOs credit strength and investment appeal.
Kollross said KWD is hoping to make items from recycled Styrofoam as soon as next year.
The Sensus FlexNet system was a clear choice for Kennebec as it provides a faster, easier way to collect more data with greater efficiency and benefits to the customer," said Jeff LaCasse, general manager at KWD.
Non-bank financials saw an increase in borrowing, with credit gaining by KWD 15 million.
The Kuwaiti fund has previously financed the reclamation of 400,000 acres of land in Sinai with a total value of KWD 45m and the steam electricity station in Sidi Kerir with KWD 38.
Le chiffre d'affaires au 1 er semestre de l'annee en cours etait de 69,5 millions contre 75,5 millions KWD durant la meme periode de 2015.
570W NDLF Conn to Smt Garima Gupta At Vill Pipariya & For P/S to 01 no 25 HP IP Conn to Shri Bholaram Pro of M/S Shitla Gud Udyog At Vill Manikchouri & For P/S to 01 no 45 HP IP Conn to Shri Baldau Chandrawanshi Prop of M/S Shivam Gud Udyog At Vill Lakhanpur Kala U/ Pipariya & Raweli D/C , KWD RURAL SUB DN.
The sixth issue of the KWD banknotes includes the most advanced security measures such as innovative printing processes, colour changing features and visual elements that become visible upon tilting the banknote.
Emad Al-Thaqeb, Chairman of Warba Bank, announced that Warba has posted operating income of KWD 3.
The monthly gain was a relatively modest KWD 51 million, less than a third of the KWD 180 million average monthly gain seen in 2013.
The Bank increased its precautionary general provisions to KWD 158 million.