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Easily convert KID to XDR with ConvertOnline's efficient tool.
The Kiribati Dollar (KID) is the official currency of Kiribati, an island nation in the central Pacific Ocean. It is tied to the Australian Dollar at par, meaning that 1 Kiribati Dollar is equivalent to 1 Australian Dollar, facilitating trade and economic stability in the region.
Special Drawing Rights (XDR) is an international reserve asset created by the International Monetary Fund (IMF) to supplement its member countries' official reserves. It is not a currency in the traditional sense but rather a financial instrument that can be exchanged among member countries for freely usable currencies to stabilize their economies and support international trade.