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base info Akash Network

Akash Network to Kuwaiti Dinar Converter and calculator

Convert 1Akash Network (AKT) to Kuwaiti Dinar (KWD) equals د.ك 1.62 | Bitget
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Last updated 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter offers real-time exchange rates, allowing for easy conversion of Akash Network(AKT) to Kuwaiti Dinar(KWD). This is the real-time data. The current conversion shows 1 AKT at a value of 1 AKT for 1.62 KWD . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.

KWD information

About Kuwaiti Dinar (KWD)

The Kuwaiti Dinar (KWD), introduced in 1961, is not merely the official currency of Kuwait; it is a symbol of the nation's economic strength and stability. It is commonly abbreviated as KWD and represented by the symbol د.ك. With its high value, the Dinar reflects Kuwait's significant oil wealth and its role as a key player in the global energy market.

Historical Background

The introduction of the Kuwaiti Dinar coincided with Kuwait’s independence from British protection. It replaced the Gulf Rupee and marked a new era of monetary sovereignty, mirroring the country’s newfound political independence. The Dinar was initially pegged to the British Pound and later to a basket of currencies, reflecting Kuwait's strong international trade relations.

Design and Symbolism

The design of the Kuwaiti Dinar combines elements of Kuwait’s rich history, cultural heritage, and modern achievements. Banknotes feature images of key landmarks, traditional dhow sailing ships, and contemporary architectural marvels. These designs serve as a testament to Kuwait’s journey from a small trading post to a modern, prosperous nation.

Economic Role

The Dinar plays a crucial role in Kuwait’s economy, which is heavily reliant on oil exports. As one of the world’s strongest currencies, it underpins domestic economic stability and facilitates international trade. The Dinar's strength is a key factor in Kuwait's economic resilience and its ability to attract foreign investment.

Monetary Policy and Stability

Managed by the Central Bank of Kuwait, the Dinar benefits from prudent monetary policies aimed at maintaining its high value and stability. Kuwait's vast foreign exchange reserves, largely accrued from oil revenues, bolster the currency's strength, providing a buffer against economic fluctuations.

The Dinar in International Trade

In international trade, the strength of the Kuwaiti Dinar is a double-edged sword. While it signifies economic might, it can also affect the competitiveness of non-oil exports. Balancing the Dinar's value is crucial for maintaining a healthy trade balance.

Remittances and the Economy

Remittances play a role in Kuwait’s economy, with a significant expatriate population sending earnings in Dinars to their home countries. These outflows are an important aspect of the currency's circulation in the global financial system.

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Bitget crypto-to-fiat exchange data shows that the most popular Akash Network currency pair is the AKT to KWD, with for Akash Network's currency code being AKT. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for KWD.

AKT to KWD conversion rate trend

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In the past 1D, Akash Network has changed -5.00% to KWD. Based on the trend and price charts, Akash Network(AKT) has changed -5.00% to KWD while Kuwaiti Dinar(KWD) has changed % to AKT in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
د.ك1.62
0.0001% / 0.0004%vip-iconVIP
Huobi
د.ك1.6
0.1000% / 0.1000%
Yes
Gate.io
د.ك1.6
0.1000% / 0.1000%
Yes
KuCoin
د.ك1.59
0.1000% / 0.1000%
Yes
Last updated 2024/05/24 10:00:16(UTC+0)

How to buy Akash Network

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Buy Akash Network (AKT)
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What factors influence the conversion rate of Akash Network to Kuwaiti Dinar?

Akash Network to Kuwaiti Dinar is falling this week.
Akash Network's current market price is د.ك 1.62 per AKT, with a total market cap of د.ك 386,391,238.55 KWD based on a circulating supply of 237,875,250 AKT. The trading volume of Akash Network has changed by +38.50% (د.ك 3,266,793.73 KWD) in the last 24 hours. Last trading day, AKT's trading volume was د.ك 8,485,509.11.
Market cap
$1.26B
24h volume
$38.28M
Circulating supply
237.88M AKT

Conversion tables

The exchange rate of Akash Network is increasing.
1 AKT is currently valued at د.ك 1.62 KWD , which means buying 5 AKT will cost د.ك 8.12 KWD . Similarly, د.ك1 KWD can be traded for 0.6156 AKT, and د.ك50 KWD can be converted to 30.78 AKT, excluding any platform or gas fees.
The exchange rate of 1 AKT to Kuwaiti Dinar has changed by -9.09% in the last 7 days. In the last 24 hours, the rate has fluctuated by -5.00%, reaching a high of 1.72 KWD and a low of 1.59 KWD . One month ago, the value of 1 AKT was د.ك 1.56 KWD , which represents a +4.02% change from its current value. Over the last year, Akash Network has changed by
+د.ك
0.2915KWD
, resulting in a change of +1439.96% in its value.

AKT to KWD

Amount
10:56 am today
0.5 AKT
د.ك0.8122
1 AKT
د.ك1.62
5 AKT
د.ك8.12
10 AKT
د.ك16.24
50 AKT
د.ك81.22
100 AKT
د.ك162.43
500 AKT
د.ك812.17
1000 AKT
د.ك1,624.34

KWD to AKT

Amount10:56 am today
0.5KWD0.3078  AKT
1KWD0.6156  AKT
5KWD3.08  AKT
10KWD6.16  AKT
50KWD30.78  AKT
100KWD61.56  AKT
500KWD307.82  AKT
1000KWD615.63  AKT
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Today vs. 24 hours ago

Amount10:56 am today24 hours ago24h change
0.5 AKT$2.65$2.78
-5.00%
1 AKT$5.29$5.57
-5.00%
5 AKT$26.46$27.85
-5.00%
10 AKT$52.91$55.7
-5.00%
50 AKT$264.55$278.48
-5.00%
100 AKT$529.1$556.97
-5.00%
500 AKT$2,645.51$2,784.84
-5.00%
1000 AKT$5,291.02$5,569.68
-5.00%

Today vs. 1 month ago

Amount10:56 am today1 month ago1M change
0.5 AKT$2.65$2.54
+4.02%
1 AKT$5.29$5.09
+4.02%
5 AKT$26.46$25.43
+4.02%
10 AKT$52.91$50.86
+4.02%
50 AKT$264.55$254.31
+4.02%
100 AKT$529.1$508.62
+4.02%
500 AKT$2,645.51$2,543.12
+4.02%
1000 AKT$5,291.02$5,086.25
+4.02%
Buy Akash Network for 1 KWD
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Today vs. 1 year ago

Amount10:56 am today1 year ago1Y change
0.5 AKT$2.65$0.1707
+1439.96%
1 AKT$5.29$0.3414
+1439.96%
5 AKT$26.46$1.71
+1439.96%
10 AKT$52.91$3.41
+1439.96%
50 AKT$264.55$17.07
+1439.96%
100 AKT$529.1$34.14
+1439.96%
500 AKT$2,645.51$170.7
+1439.96%
1000 AKT$5,291.02$341.39
+1439.96%

Akash Network price prediction

What will the price of AKT be in 2025?

Based on AKT's historical price performance prediction model, the price of AKT is projected to reach $7.23 in 2025.

What will the price of AKT be in 2030?

In 2030, the AKT price is expected to rise by -17.00%. By the end of 2030, the AKT price is projected to reach $8.27, with a cumulative ROI of +56.27%.
Buy Akash Network for 1 KWD
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Buy Akash Network for 1 KWD
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This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Bitget to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Bitget exchange as well as other cryptocurrency exchanges and market data platforms. Bitget may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Bitget is not liable for any errors or delays in content or for any actions taken in reliance on any content.