Question: “Is the Kuwaiti dinar and the Iraqi dinar the same thing?” No. Two different countries. Kuwait is a small little country on the southern part of Iraq. Iraq’s a much bigger country. Both their currencies are called dinar…one Kuwaiti dinar is like $3.47 or something. It’s very valuable and the reason is because of their oil reserves…Iraq has so much more land mass with oil. How much should theirs be worth? It was devalued at…$3.22…
