The State of Kuwait is a constitutional monarchy located northeast of Saudi Arabia at the northern end of the Persian Gulf on the Arabian Peninsula, south of Iraq. It is slightly larger than Hawaii. The low-lying desert land is mainly sandy and barren. ENJOY!!

Languages: Arabic, English
Religions: Sunni Muslim (Sunni, & Shiite); Christian, Hindu, Parsi
Status: UN Country 1963
Dinar: دينار Derived from Latin: "Denarius" - Silver Money

The Kuwait Dinar is the highest valued currency unit in the world.
The Dinar was introduced in 1961 to replace the Gulf Rupee. It was initially equivalent to one Pound Sterling. As the Rupee was fixed at 1 Shilling 6 Pence, this resulted in a conversion rate of 13⅓ Rupees to the Dinar.

When Iraq invaded Kuwait in 1990, the Iraqi Dinar (with Saddam) replaced the Kuwaiti dinar as the currency and large quantities of banknotes were stolen by the invading Iraqi forces. After liberation, the Kuwaiti Dinar was restored as the country's currency and a new banknote series was introduced, allowing the previous notes, including those stolen, to be demonetized.

The note selected is the 1994 issue of 1 Dinar. The book value on this note is $10.00, the current exchange rate is:
Saturday, March 7, 2009
1 Kuwaiti Dinar = 3.39859 US Dollar

(Front) Pinnacles at ctr. R. (Back) Aerial view of harbor docks at ctr. Watermark: Falcon's Head (can be seen in scan)