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base info Avalanche

Avalanche to Kuwaiti Dinar Converter and calculator

Convert 1Avalanche (AVAX) to Kuwaiti Dinar (KWD) equals د.ك 10.93 | 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 Avalanche currency pair is the AVAX to KWD, with for Avalanche's currency code being AVAX. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for KWD.

AVAX to KWD conversion rate trend

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In the past 1D, Avalanche has changed +1.16% to KWD. Based on the trend and price charts, Avalanche(AVAX) has changed +1.16% to KWD while Kuwaiti Dinar(KWD) has changed % to AVAX in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
د.ك10.93
0.0001% / 0.0004%vip-iconVIP
Binance
د.ك10.92
0.1000% / 0.1000%
Yes
Coinbase Exchange
د.ك10.93
0.1000% / 0.1000%
Yes
Kraken
د.ك10.94
0.1000% / 0.1000%
Yes
OKX
د.ك10.92
0.080% / 0.100%
Yes
Huobi
د.ك10.91
0.1000% / 0.1000%
Yes
Gate.io
د.ك10.91
0.1000% / 0.1000%
Yes
Bybit
د.ك10.93
0.1000% / 0.1000%
Yes
KuCoin
د.ك10.92
0.1000% / 0.1000%
Yes
Bitfinex
د.ك10.91
0.1000% / 0.1000%
Yes
Last updated 2024/04/19 12:00:30(UTC+0)

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

Avalanche to Kuwaiti Dinar is falling this week.
Avalanche's current market price is د.ك 10.93 per AVAX, with a total market cap of د.ك 4,130,281,478.85 KWD based on a circulating supply of 377,989,820 AVAX. The trading volume of Avalanche has changed by +0.26% (د.ك 541,838.72 KWD) in the last 24 hours. Last trading day, AVAX's trading volume was د.ك 211,655,750.67.
Market cap
$13.40B
24h volume
$688.28M
Circulating supply
377.99M AVAX

Conversion tables

The exchange rate of Avalanche is decreasing.
1 AVAX is currently valued at د.ك 10.93 KWD , which means buying 5 AVAX will cost د.ك 54.63 KWD . Similarly, د.ك1 KWD can be traded for 0.09152 AVAX, and د.ك50 KWD can be converted to 4.58 AVAX, excluding any platform or gas fees.
The exchange rate of 1 AVAX to Kuwaiti Dinar has changed by -23.27% in the last 7 days. In the last 24 hours, the rate has fluctuated by +1.16%, reaching a high of 11.1 KWD and a low of 9.87 KWD . One month ago, the value of 1 AVAX was د.ك 16.48 KWD , which represents a -33.69% change from its current value. Over the last year, Avalanche has changed by
+د.ك
2.04KWD
, resulting in a change of +88.40% in its value.

AVAX to KWD

Amount
12:01 today
0.5 AVAX
د.ك5.46
1 AVAX
د.ك10.93
5 AVAX
د.ك54.63
10 AVAX
د.ك109.27
50 AVAX
د.ك546.35
100 AVAX
د.ك1,092.7
500 AVAX
د.ك5,463.48
1000 AVAX
د.ك10,926.97

KWD to AVAX

Amount12:01 today
0.5KWD0.04576  AVAX
1KWD0.09152  AVAX
5KWD0.4576  AVAX
10KWD0.9152  AVAX
50KWD4.58  AVAX
100KWD9.15  AVAX
500KWD45.76  AVAX
1000KWD91.52  AVAX
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Today vs. 24 hours ago

Amount12:01 today24 hours ago24h change
0.5 AVAX$17.72$17.52
+1.16%
1 AVAX$35.44$35.03
+1.16%
5 AVAX$177.21$175.17
+1.16%
10 AVAX$354.43$350.35
+1.16%
50 AVAX$1,772.13$1,751.73
+1.16%
100 AVAX$3,544.26$3,503.46
+1.16%
500 AVAX$17,721.32$17,517.28
+1.16%
1000 AVAX$35,442.64$35,034.55
+1.16%

Today vs. 1 month ago

Amount12:01 today1 month ago1M change
0.5 AVAX$17.72$26.72
-33.69%
1 AVAX$35.44$53.45
-33.69%
5 AVAX$177.21$267.24
-33.69%
10 AVAX$354.43$534.49
-33.69%
50 AVAX$1,772.13$2,672.43
-33.69%
100 AVAX$3,544.26$5,344.86
-33.69%
500 AVAX$17,721.32$26,724.29
-33.69%
1000 AVAX$35,442.64$53,448.57
-33.69%

Today vs. 1 year ago

Amount12:01 today1 year ago1Y change
0.5 AVAX$17.72$9.41
+88.40%
1 AVAX$35.44$18.81
+88.40%
5 AVAX$177.21$94.06
+88.40%
10 AVAX$354.43$188.12
+88.40%
50 AVAX$1,772.13$940.6
+88.40%
100 AVAX$3,544.26$1,881.2
+88.40%
500 AVAX$17,721.32$9,406.02
+88.40%
1000 AVAX$35,442.64$18,812.04
+88.40%

FAQ

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