The Kuwaiti dinar (KWD) is the official currency of Kuwait, a small country located in the Middle East. It was introduced in 1960, replacing the Indian rupee, and is subdivided into 1,000 fils. The dinar is known for being one of the highest-valued currencies in the world, primarily due to Kuwait's significant oil reserves and strong economy. The currency features various designs, including images of important national landmarks and historical figures. The Central Bank of Kuwait is responsible for issuing and regulating the dinar, ensuring its stability and integrity in the financial market.