Kuwaiti Dinar is currently the most valuable currency in the world, with the largest denomination being 20 Kuwaiti Dinars. Although this currency is highly valuable, its circulation is low. Many domestic banks do not provide exchange services for Kuwaiti Dinars, only a few designated banks can exchange them.
1. Kuwaiti Dinars and Chinese Renminbi Online Platforms
You can choose a third-party online platform that provides similar functions to exchange Kuwaiti Dinars to Chinese Renminbi, such as Knet, to help you complete currency services in the Kuwaiti Dinar area. Knet has been used by 476 people and is the only retail support in Kuwait.
2. Exchange Rate Conversion
The current exchange rate between Kuwaiti Dinars and Chinese Renminbi is 1,000 Kuwaiti Dinars = 23,251.99 Renminbi and 43.01 Kuwaiti Dinars = 1,000 Renminbi. To calculate more conversions, you can use the China UnionPay exchange rate conversion calculator.
3. China Bank Exchange Services
The Bank of China provides exchange services for Kuwaiti Dinars. As the national currency of Kuwait, the Kuwaiti Dinar can be exchanged at the Bank of China. The exchange rate is 1 Renminbi = 0.0474 Kuwaiti Dinar and 1 Kuwaiti Dinar = 21.090 Renminbi.
4. Identification of Kuwaiti Dinars
The face of the Kuwaiti Dinar banknote features the new headquarters of the Central Bank of Kuwait, and the back features an oil tanker and an oil refinery. The Kuwaiti Dinar is issued by the Central Bank of Kuwait.
5. Currency Reform
Last but not least, currency reform is a major issue. Although the Bank of China will gradually recall and stop the use of old banknotes after issuing new banknotes, it still requires a significant effort.
In conclusion, if you need to exchange Kuwaiti Dinars to Chinese Renminbi, you can choose third-party online platforms or visit the Bank of China for exchange services. The exchange rate between the two currencies can fluctuate, so it is recommended to check the latest exchange rate before making any transactions.