Compare Kuwait Dinar to US Dollar For Sending Money to El Salvador from USA

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Mid Market Rate

The mid-market rate is the midpoint between the buy and sell prices of two currencies.
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How much money does one from US can send to El Salvador?

One can send as much amount as he wants to send but if the limit exceeds the US $15,000 in one transfer, then the sender needs to provide the details of transfer to the government or other regulatory authority. This is because sending more than $15,000 is not permissible in the USA.

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Where can I send money to El Salvador from USA?

You can send money to the agent location of El Salvador as they have over 1,000 agent locations across the country. Besides, you can also send money to the mobile wallet; make bank account to a bank account transfer at cheap and bank-beating rates. Some of the cash pickup locations in El Salvador are:

  • San Salvador
  • Sonsonate
  • San Miguel
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Why El Salvador uses the US Dollar as its currency?

To spark the economic growth of El Salvador after the devastating civil war ended in the year 1992, its government has taken this decision and also privatises the country’s banking system. For growing further it has dollarized its currency in the year 2001. But the downside of this system is that now El Salvador has no control over its monetary policies and could not even print its own currency.

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Historical Mid Market Exchange Rate From Kuwait Dinar (KWD) to US Dollar (USD) (Weekly)

Current Exchange Rate(Mid Market) :- 3.27 USD/KWD

Mid-market Rate is a currency exchange rate. Usually traders in currency exchange market have two exchange rates -
  • Selling exchange rate - at which sellers are willing to sell a particular currency and
  • Buying exchange rate - at which buyers are willing to buy a particular currency.
Mid-market rate is the mid-point of these two rates. This is the most transparent and the most accurate exchange rate. It is also known as “Interbank Rate” or “Spot Rate” or “Real Exchange Rate”. This is the rate which independent sources like Reuter, Google etc show.

Compare Currency Conversion KWD To USD

Send Kuwait Dinar To EL-SALVADOR Receive US Dollar
1 KWD TO USD 3.27
50 KWD TO USD 163.5
100 KWD TO USD 327
250 KWD TO USD 817.5
500 KWD TO USD 1635
1000 KWD TO USD 3270
5000 KWD TO USD 16350
10000 KWD TO USD 32700
Send US Dollar Receive Kuwait Dinar From EL-SALVADOR
1000 USD FROM KWD --
5000 USD FROM KWD --
10000 USD FROM KWD --

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