The Kuwaiti dinar is the official currency of the country of Kuwait. The Kuwaiti dinar was introduced in 1960 but didn't replace the Indian rupee until Kuwait gained its independence in the year 1961. After establishing their independence a currency board was established to issue the banknotes of the Kuwaiti dinar and maintain reserves of the currency.
Soon after the emergence of the currency board the Central Bank of Kuwait was established and this bank assumed the responsibility of issuing the Kuwaiti dinar. Initially the Kuwaiti dinar was issued at a value equal to one pound sterling. The Indian rupee was fixed against the pound at a rate that made one Kuwaiti dinar equal to 13 1/3 Indian rupees.
The Kuwaiti Dinar in Circulation
The Central Bank of Kuwait issues the Kuwaiti dinar both in coins and banknotes. The coins in the Kuwaiti dinar are issued in fils and they include the 1, 5, 10, 20, 50 and 100 with the 1 fil being extremely rarely used.
The paper money in the Kuwaiti dinar includes the 1/4 dinar, 1/2 dinar, the 1 dinar as well as the 5, 10 and 20 dinar. The 1 dinar has a value that is equal to 1000 fils and the 1/2 dinar is equal to 500 fils and the 1/4 dinar is equal to 250 dinar.
Investing in the Kuwaiti Dinar
The Kuwaiti dinar is considered one of the most valuable forms of currency with the currency exchange being one United States dollar currently equal to approximately 0.2921 Kuwaiti dinar. Despite the relative high value of the Kuwaiti dinar it may not be a sound investment or good for currency trading and currency speculation.
The value of the dinar has showed an overall decline over the past five years. The decline has not been significant nor has it been steady but the overall value has had at least a minimal decrease in recent years.
* This post from Iraqi-dinar.org
We have serious Buyer for OKD
Price US$ 0,90 per OKD
Please send your offer, we buy any Quantity
Payment will be transferred through legal and legitimate bank method.
i have 20 kwaiti dinar notes ( 200 total)..anyone out there wants to buy?
hi
i have 1000 notes of 20 okd currency with me in india ……
We buy nkd no limit, want direct contact with representative or mandate. please only serious offers, need passport of representative, we send our buyer´s pass, and transaction procedure, if accepted and undersigned we go on on the deal….100% serious. dr. costa, eventually we change euros ( we are euro providers )
dr. costa
We immediately buy a minimum of 20 B of the NKD. Please send me your offer as soon as possible.
Best regards,
G.Z.
Dear business partners,
we have a serious buyer for OKD. The payment will be transferred through legal and legitimate bank method.
Bank guaranty from a prime AAA Bank
please send your info!
we have 200 Million of Old Kuwait Dinars… what is your offer?
Hii.
I have 3000 Old Kuwait Dinars in Turkey/ Istanbul. Anyone wants to buy ?
Dear Sir,
Please send me your offer for NKD for one of my buyers.
Kindly note that your bank must provide us your SKR for NKD.
Regards,
Vispi
Dear sir,
We are selling NKWD 5th Editions ( Kuwaiti Dinar )
Amount KWD 20 Billion
We are looking for serious buyers,
Please contact me
Best Regards
Igten Cos
Hi, I’ve a serious buyer for OKD. The payment will be transferred through legal and legitimate bank method.
For a known buyer we immediately buy a larger quantity of NKD (minimum 20 Bill.) edition 5,6,7 … which may be in a Bank Account in the Security House or on pallets … If everything is OK, we conclude the transaction within three banking days
kuwait dinar of 10 and 20. any have on selling old kuwait dinar.
To:- Amin / Oskan / Michael tomic / WX701/ Gaz/ANDY FAKOKUN
Guys as i have a buyer & you guys have a seller kindly get in touch with me.
Can i get contact details of above mentioned Individuals???
Have 20 OKD – 90,000/- notes, before war,3rd series,want a serious buyer.Transaction will happen in India-Mumbai. If anyone interested comment on the price you will buy in (has to be Indian Rupee) …
Regards;
Sam
We have some millions Kuwaiti Dinars.
Bank notes of 5 and 20.
Price – 1,80 EUR / 1 KD
Located in EU.
If you are interested is possible comment.
hallo
for the first time, i want to buy 200 000 okd, and pay 15 cents of U.S. dollar
watersportbane@yahoo.com
Dear Sir,
I am looking for real buyer for old kuwaiti dinar because right now i have some okd 20. Please contact me by email or phone .
Mob. No. 00973 36930689
Thanks
Ayya
dear admin
I want to contact mohammad below he is buyer
how can I contact to him. there is no contact info
we have NKD and OKD good price
hasannckr@gmail.com
How can I contact people who send messages about the Kuwaiti Dinar if I have no personal contact? Here is mine:
OKD´S AFTER WAR 3rd EDITION
WITH ALL DOCUMENTATION
DEPOSITED IN SUISSE
CONTACT ME: +351 919739484
ONLY REAL BUYER
i have kuwait 1 fils (3 nos.), if anyone wants then please contact me on peterbenaulim@rediffmail.com
I would like to know if there is a real 5,000 note of Kuwaiti Dinars (NKD) and it is a fake.
Please some one can give me an advices regarding to the 5,000 NKD.
Thanks
Patrick
i have a buyer who is interested to buy 5 edition of kuwati dinar (only 5, 10 and 20 notes).. if any one, please do contact me.
I have a person in Nepal who wants to sell 7,000,000 old kuwaiti dinar. I want buyer who wants to buy. Only fair dealings and no fraud and scam. contact me in my email id :
avdlink@gmail.com
Please let me know if you have sellers of OKD
I have a buyer who is looking for OKD .serie 1-8
Thank you for early response and best regards
andykehinde@yhoo.com
looking to buy from more then 2 million Old kuwaiti Dinar.
Replace space in Europe please specify Price for every 2 million.
Only serious sellers will respond
Have KWD (New) in Istanbul Free Zone – Want to convert to US dollars
we will buy new Kuwaiti dinar NKD as much as you have
please send email to us with your price and quantity and terms
I have old Kuwaiti paper money since 1960 in a very good condition and I would like to sell them.
The money include: Quarter Dinar, Half Dinar and One Dinar.
Hello All,
we are interested in buying before war OKD and third series OKD. please revert us back with your contact numbers so we can patchup with you
i am looking for real buyer for old kuwaiti dinar – send me email
Hi
We buy OKD and NKD for the best price.
contact us and we can make good contracts to
protect the seller and the buyer.
wi can bay old kuwaiti dinar third edition.
Hi, everyone I have (2 pcs ) OKD 20 (brown color note), I have received it from my customer in the restaurant, unfortunately i don’t have any idea that this is an old money, so i have to pay for it, I’m not interested in this OKD 20, so anyone who is interested to change it, just let me know. By the way I’m currently living here in Manama, Bahrain
Iam having a 20 kuwaiti dinar paper, How can i find it whether it is original or a fake one, any tips and if i want them to sell / exchange for indian rupees what should i do?
Our client has 100 millions of KWD 5th edition, new uncirculated notes, legal origin of funds from commercial transaction.
Want USD or EUR. Currently in a warehouse in Austria, but client can move the cash to a bank and get credit on bank account or cash deal.
Please submit best pricing /discount and procedure.
Seller will want to talk to buyer directly, so be ready to have the buyer online, or the bank.
WX701 Contact me for OKD(20 notes).also other buyers are welcome,too.
I’m interested in buying OKD (20 notes, brown) as much as possible.
Hi,
I have 3000 old KWD, if you’re interested, please leave what you’re willing to pay.
I need R Sumar to send me offer Kuwaiti Dinar
Yum dinara they are from 1993 and the current value is .72 per USD according to the coinmill currency exchange. write for more to inquire. 500 billion dollar banknotes. Will accept trade or USD. Looking for a buyer.
Dear buyer,
We have OKD and NKD. 3rd issue and 4th Issue. If any serious buyer pls send email . Willing to exchange in UAE.
Best regards
Rsumar
Dear Soumitra,
DEAR SIR,
I HAVE RECEIVED THIS BELOW OFFER FROM A FRIEND AND ASSOCIATE :-
Please, find attached my NKD offer for 250 BILLION…….am on seller’s side……..the whole 1.25% commission on buyer’s side is for you and your team, you share as you like.
IF YOU ARE INTERESTED THEN PLEASE LET ME KNOW ASAP,SO THAT I CAN FORWARD YOU THE NKD CONTRACT AND ICC WARNING LETTER .
PLEASE SEND YOUR REPLY TO :
OR
ASAP.
THANK YOU,
SOUMITRA DASGUPTA
INDIA
I’m looking for the NKD of 20 dinars as much as possible. Who can give me the best offer? Mail me at wx700@hotmail.com.
I need SELLERS of OKD(20b).The notes MUST be in Europe.
Please send me URGENT response.
i need buyers for OKD.price very reasonable
Dear Sir, i am ready to make a contract between you and the owner of Kuwaiti Dinar with 30% discount offered by the owner. those currencies are in pallet and the owner want to sell them in pallets.
Yours faithfully
Kobari M.
Suche OKD Serie 1-8 Kaufe alles was da ist
Preis per OKD 0,25 USD cent per OKD.
@ dani: please contakt me under +4915773045994 I am a real buyer!
@ halit: please contact me under +4915773045994
Have Serious buyers for OKD [3rd Edition] Looking to buy HUGE amounts!!
If you are a Seller or know of a Seller with the REAL OKD plz get in touch!!
Regards
Gaz
Hello,
I am from Holland and I have large amounts of Old Kuwaiti Dinar for sale, third issue. Very good quality, UNC. If you are interested, please contact me on
pboomsma@hotmail.com
i have old kuwait dinars third edition who is interested.
i have it in europe more than 200 million
We are looking for NKD 5th Series, our buyer is serious and largest bank. Please send me your best offer, net and gross discount, sample, pictures, location. Our buyer requires bank to bank deals. NO warehouse!! NO lodging fees!! If you are genuine seller/mandate please send the FCO
Thank you
hi i have OKD third edition in big amounts please contact me if interested!
Please let me know if you have sellers of OKD
I have a buyer who is looking for OKD up to 30billion.
The seller can deliver CIF to < Free Zone Airport Switzerland
Thank you for early response and best regards
email id:andykehinde@yahoo.com
Tim!, may contact me for further discussions on China deal. Tim’s contact/email adress is inaccessible as he has used @ twice.
To : Vasile
OKD 1.8 serie availlable , are you interested in ?
NKD required, from a direct seller, either at Dubai or may be Istanbul, Turkey is also ok. The discount should be more than 25%.
There are currently NKD (New Kuwaiti Dinars) in Istanbul, under the following terms:
- Total Amount: 40B MILLION NKD
- Minimum Amount to Exchange: 500M NKD
- Mode of Exchange: Cash(NKD)-to-Bank(Euro)
- Payment Mode: By SWIFT MT103/23
- Place of Exchange: Istanbul Free Zone Security House
- Discount: Gross 22% / Net 19%
If you are direct buyer or mandate, please contact us.
Hello,
I am interested to purchase (immediately) a minimum of 20 Bill. of NKD. The buyer is a first-class European bank, which has earmarked funds for the purchase of NKD. A transaction can be executed immediately after the signing of the contract. Send me a procedure and your offer.
Thank you.
I have NKD for sale, details are as below:
-20 Dinar note.
- 5,000 notes per 1 boxes
- First transaction for trial at 2 boxes minimum.
- 2nd transaction = minmum 100 boxes
-Preferred trade location = secured location ,China or Thailand.
-Payment = preferrable in US Dollar or Euro C2C or C2B.
Not contact with chain of broker…Serious buyer and have to show POF or statement.
please contact at bf@asset@yahoo.com
any one can show me 2000 dinar note. i need to prove if it is real. i have in hand 20,000 box need to releass. only trade in Thailand at the moment.
Dear Sir I’m interest in buying Old Kuwaiti Dinar min 25 Million. If anyone has any, please write!
Regards Vasile
Dear sir,
To : @Sheikh Ali; @Mrs. ILSE Tschurlovich; @Nik;
I have 100.000.000,- old kuwait dinar 3rd issue (OKD) denomination 5, 10 and 20 dinar (good condition). I want to exchange or sell it at Jakarta Indonesia (in Bank). If you interesting to exchange or buy it all, please let me know.
Thank You,
Sincerely yours,
Sofyan Syarif
We are in the market for Kuwaiti Dinars.
20 Dinar note (brown color)
- 5,000 notes per 1 boxes
- 1 trade transaction =
minmum 100 boxes = 2,000 Boxes acceptable.
we have okd and nkd, Exchange location Turkey,in bank
Hi,
We have 500 mil. New Kuwaiti Dinar us look for providers who moved in dollars or euros.
Would you be interested or contacts for this business.
if so please post your rate offer is available to all evidence exists that.
anticipation of their reply, I remain,
02.11.2010
yours sincerely
Buy old Kuwaiti dinars the third series (9-13) and 4-th series (1-8) releases. Interested in quantity, price and conditions.
I have KD for sale 4th and 5th additions 10% face value discount only
I want to sell Old kuwaiti Dinar, who want’s to buy this. The Old Kuwaiti Dinars are in Dubai and the transaction should be in Dubai.
SIG Investment
I have OKD available for sales, details are as below:
-20 Dinar note (brown color)
- 5,000 notes per 1 boxes
- 1 trade transaction = minmum 100 boxes
- all notes are in between series 13-15
- supplies are adequate for multiple transactions.
-Preferred trade location = secured location (government body office) Cambodia or Thailand
-Payment = preferrable in US Dollar (Bank Draft).
- Price = USD3.95 / 1 note
dear sir
i have old kuwait dinar third edition
okd which is not in circulaton now is available.
Dear Sir,
if you have Old or New Kuwaiti Dinar, we need exact details like:
1. Issue of the notes
2. Are this valid notes
3. Denomination of the notes
4. Location
Do you have a certificate of origin? Bank certificates, Certificate of transfer of ownership and SKR.
Discount. …..
We can buy what you have B. or more
As well we need exact price definition of the selling price.
Payment is in Euros or the dollar
Exchange location in Swiss or…
Regards
Dear Sir
We need OKD third edition, can you send me the completed details of what you have, what country they are in, what is the serial number on the notes, what quantity you have, are they in 5 10 or 20′s… the discount price, any information you can give, we have real buyers.
Regards
Sheikh Ali
geacht heer/mevrouw ik heb 4060 dinar het oude biljet van twenty dinar ik heb dit georven van mijn oma is het mogelijk om dit in te wisselen voor euro,s m.v.g maarten
first you didn’t write what Kuwaiti coins and paper are made of and when you wrote “and the 1-4 dinar is equal to 250 dinar” it’s wrong it should be “and the 1-4 dinar is equal to 250 fils”
i am confused what is the current value of kuwaiti dinar to indian rupee????