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base info Arbitrum

Arbitrum to Kuwaiti Dinar Converter and calculator

Convert 1Arbitrum (ARB) to Kuwaiti Dinar (KWD) equals د.ك 0.3490 | Bitget

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 Arbitrum currency pair is the ARB to KWD, with for Arbitrum's currency code being ARB. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for KWD.

ARB to KWD conversion rate trend

1D7D1M3M1YAll
In the past 1D, Arbitrum has changed -2.23% to KWD. Based on the trend and price charts, Arbitrum(ARB) has changed -2.23% to KWD while Kuwaiti Dinar(KWD) has changed % to ARB in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
د.ك0.3584
0.0001% / 0.0004%vip-iconVIP
Binance
د.ك0.3548
0.1000% / 0.1000%
Yes
OKX
د.ك0.3548
0.080% / 0.100%
Yes
Huobi
د.ك0.3549
0.1000% / 0.1000%
Yes
Gate.io
د.ك0.3546
0.1000% / 0.1000%
Yes
Bybit
د.ك0.3550
0.1000% / 0.1000%
Yes
KuCoin
د.ك0.3550
0.1000% / 0.1000%
Yes
Bitfinex
د.ك0.3548
0.1000% / 0.1000%
Yes
Last updated 2024/04/16 00:00:39(UTC+0)

What factors influence the conversion rate of Arbitrum to Kuwaiti Dinar?

Arbitrum to Kuwaiti Dinar is falling this week.
Arbitrum's current market price is د.ك 0.3490 per ARB, with a total market cap of د.ك 926,253,833.36 KWD based on a circulating supply of 2,653,939,500 ARB. The trading volume of Arbitrum has changed by -22.52% (د.ك -54,544,792.50 KWD) in the last 24 hours. Last trading day, ARB's trading volume was د.ك 242,199,552.85.
Market cap
$3.01B
24h volume
$609.47M
Circulating supply
2.65B ARB

Conversion tables

The exchange rate of Arbitrum is decreasing.
1 ARB is currently valued at د.ك 0.3490 KWD , which means buying 5 ARB will cost د.ك 1.75 KWD . Similarly, د.ك1 KWD can be traded for 2.87 ARB, and د.ك50 KWD can be converted to 143.26 ARB, excluding any platform or gas fees.
The exchange rate of 1 ARB to Kuwaiti Dinar has changed by -28.39% in the last 7 days. In the last 24 hours, the rate has fluctuated by -2.23%, reaching a high of 0.3898 KWD and a low of 0.3461 KWD . One month ago, the value of 1 ARB was د.ك 0.5388 KWD , which represents a -35.23% change from its current value. Over the last year, Arbitrum has changed by
-د.ك
0.1590KWD
, resulting in a change of -31.31% in its value.

ARB to KWD

Amount
00:53 am today
0.5 ARB
د.ك0.1745
1 ARB
د.ك0.3490
5 ARB
د.ك1.75
10 ARB
د.ك3.49
50 ARB
د.ك17.45
100 ARB
د.ك34.9
500 ARB
د.ك174.51
1000 ARB
د.ك349.01

KWD to ARB

Amount00:53 am today
0.5KWD1.43  ARB
1KWD2.87  ARB
5KWD14.33  ARB
10KWD28.65  ARB
50KWD143.26  ARB
100KWD286.52  ARB
500KWD1,432.62  ARB
1000KWD2,865.24  ARB
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Today vs. 24 hours ago

Amount00:53 am today24 hours ago24h change
0.5 ARB$0.5668$0.5797
-2.23%
1 ARB$1.13$1.16
-2.23%
5 ARB$5.67$5.8
-2.23%
10 ARB$11.34$11.59
-2.23%
50 ARB$56.68$57.97
-2.23%
100 ARB$113.35$115.93
-2.23%
500 ARB$566.76$579.65
-2.23%
1000 ARB$1,133.52$1,159.3
-2.23%

Today vs. 1 month ago

Amount00:53 am today1 month ago1M change
0.5 ARB$0.5668$0.8749
-35.23%
1 ARB$1.13$1.75
-35.23%
5 ARB$5.67$8.75
-35.23%
10 ARB$11.34$17.5
-35.23%
50 ARB$56.68$87.49
-35.23%
100 ARB$113.35$174.98
-35.23%
500 ARB$566.76$874.89
-35.23%
1000 ARB$1,133.52$1,749.78
-35.23%

Today vs. 1 year ago

Amount00:53 am today1 year ago1Y change
0.5 ARB$0.5668$0.8250
-31.31%
1 ARB$1.13$1.65
-31.31%
5 ARB$5.67$8.25
-31.31%
10 ARB$11.34$16.5
-31.31%
50 ARB$56.68$82.5
-31.31%
100 ARB$113.35$164.99
-31.31%
500 ARB$566.76$824.95
-31.31%
1000 ARB$1,133.52$1,649.91
-31.31%

FAQ

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