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Bitcoin to Kuwaiti Dinar Converter and calculator

Convert 1Bitcoin (BTC) to Kuwaiti Dinar (KWD) equals د.ك 20,098.45 | 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 Bitcoin(BTC) to Kuwaiti Dinar(KWD). This is the real-time data. The current conversion shows 1 BTC at a value of 1 BTC for 20,098.45 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 Bitcoin currency pair is the BTC to KWD, with for Bitcoin's currency code being BTC. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for KWD.

BTC to KWD conversion rate trend

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In the past 1D, Bitcoin has changed +1.88% to KWD. Based on the trend and price charts, Bitcoin(BTC) has changed +1.88% to KWD while Kuwaiti Dinar(KWD) has changed % to BTC in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
د.ك20,021.01
0.0001% / 0.0004%vip-iconVIP
Binance
د.ك20,030.76
0.1000% / 0.1000%
Yes
Coinbase Exchange
د.ك20,020.88
0.1000% / 0.1000%
Yes
Kraken
د.ك20,020.6
0.1000% / 0.1000%
Yes
OKX
د.ك20,033.92
0.080% / 0.100%
Yes
Huobi
د.ك20,029.56
0.1000% / 0.1000%
Yes
Gate.io
د.ك20,032.87
0.1000% / 0.1000%
Yes
Bybit
د.ك20,017.92
0.1000% / 0.1000%
Yes
KuCoin
د.ك20,030.41
0.1000% / 0.1000%
Yes
Bitfinex
د.ك20,024.09
0.1000% / 0.1000%
Yes
Last updated 2024/04/21 02:00:37(UTC+0)

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

Bitcoin to Kuwaiti Dinar is rising this week.
Bitcoin's current market price is د.ك 20,098.45 per BTC, with a total market cap of د.ك 395,696,748,834.12 KWD based on a circulating supply of 19,687,928 BTC. The trading volume of Bitcoin has changed by -52.07% (د.ك -7,262,875,576.64 KWD) in the last 24 hours. Last trading day, BTC's trading volume was د.ك 13,948,104,359.35.
Market cap
$1.28T
24h volume
$21.68B
Circulating supply
19.69M BTC

Conversion tables

The exchange rate of Bitcoin is decreasing.
1 BTC is currently valued at د.ك 20,098.45 KWD , which means buying 5 BTC will cost د.ك 100,492.23 KWD . Similarly, د.ك1 KWD can be traded for 0.{4}4976 BTC, and د.ك50 KWD can be converted to 0.002488 BTC, excluding any platform or gas fees.
The exchange rate of 1 BTC to Kuwaiti Dinar has changed by +3.19% in the last 7 days. In the last 24 hours, the rate has fluctuated by +1.88%, reaching a high of 20,175.91 KWD and a low of 19,528.4 KWD . One month ago, the value of 1 BTC was د.ك 20,182.67 KWD , which represents a -0.42% change from its current value. Over the last year, Bitcoin has changed by
+د.ك
2,450.48KWD
, resulting in a change of +139.29% in its value.

BTC to KWD

Amount
02:45 am today
0.5 BTC
د.ك10,049.22
1 BTC
د.ك20,098.45
5 BTC
د.ك100,492.23
10 BTC
د.ك200,984.45
50 BTC
د.ك1,004,922.27
100 BTC
د.ك2,009,844.54
500 BTC
د.ك10,049,222.71
1000 BTC
د.ك20,098,445.42

KWD to BTC

Amount02:45 am today
0.5KWD0.{4}2488  BTC
1KWD0.{4}4976  BTC
5KWD0.0002488  BTC
10KWD0.0004976  BTC
50KWD0.002488  BTC
100KWD0.004976  BTC
500KWD0.02488  BTC
1000KWD0.04976  BTC
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Today vs. 24 hours ago

Amount02:45 am today24 hours ago24h change
0.5 BTC$32,595.6$31,992.79
+1.88%
1 BTC$65,191.19$63,985.58
+1.88%
5 BTC$325,955.97$319,927.91
+1.88%
10 BTC$651,911.95$639,855.82
+1.88%
50 BTC$3,259,559.75$3,199,279.1
+1.88%
100 BTC$6,519,119.5$6,398,558.2
+1.88%
500 BTC$32,595,597.5$31,992,791
+1.88%
1000 BTC$65,191,195$63,985,582
+1.88%

Today vs. 1 month ago

Amount02:45 am today1 month ago1M change
0.5 BTC$32,595.6$32,732.2
-0.42%
1 BTC$65,191.19$65,464.39
-0.42%
5 BTC$325,955.97$327,321.97
-0.42%
10 BTC$651,911.95$654,643.95
-0.42%
50 BTC$3,259,559.75$3,273,219.75
-0.42%
100 BTC$6,519,119.5$6,546,439.5
-0.42%
500 BTC$32,595,597.5$32,732,197.5
-0.42%
1000 BTC$65,191,195$65,464,395
-0.42%

Today vs. 1 year ago

Amount02:45 am today1 year ago1Y change
0.5 BTC$32,595.6$13,621.42
+139.29%
1 BTC$65,191.19$27,242.85
+139.29%
5 BTC$325,955.97$136,214.24
+139.29%
10 BTC$651,911.95$272,428.48
+139.29%
50 BTC$3,259,559.75$1,362,142.4
+139.29%
100 BTC$6,519,119.5$2,724,284.8
+139.29%
500 BTC$32,595,597.5$13,621,424
+139.29%
1000 BTC$65,191,195$27,242,848
+139.29%

FAQ

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.