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Filecoin to Kuwaiti Dinar Converter and calculator

Convert 1Filecoin (FIL) to Kuwaiti Dinar (KWD) equals د.ك 1.91 | 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 Filecoin currency pair is the FIL to KWD, with for Filecoin's currency code being FIL. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for KWD.

FIL to KWD conversion rate trend

1D7D1M3M1YAll
In the past 1D, Filecoin has changed +7.10% to KWD. Based on the trend and price charts, Filecoin(FIL) has changed +7.10% to KWD while Kuwaiti Dinar(KWD) has changed % to FIL in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
د.ك1.92
0.0001% / 0.0004%vip-iconVIP
Binance
د.ك1.92
0.1000% / 0.1000%
Yes
OKX
د.ك1.91
0.080% / 0.100%
Yes
Huobi
د.ك1.91
0.1000% / 0.1000%
Yes
Gate.io
د.ك1.91
0.1000% / 0.1000%
Yes
Bybit
د.ك1.92
0.1000% / 0.1000%
Yes
KuCoin
د.ك1.91
0.1000% / 0.1000%
Yes
Bitfinex
د.ك1.91
0.1000% / 0.1000%
Yes
Last updated 2024/04/20 03:00:29(UTC+0)

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

Filecoin to Kuwaiti Dinar is falling this week.
Filecoin's current market price is د.ك 1.91 per FIL, with a total market cap of د.ك 1,031,305,434.99 KWD based on a circulating supply of 540,390,460 FIL. The trading volume of Filecoin has changed by +7.67% (د.ك 5,470,176.04 KWD) in the last 24 hours. Last trading day, FIL's trading volume was د.ك 71,308,887.06.
Market cap
$3.35B
24h volume
$249.04M
Circulating supply
540.39M FIL

Conversion tables

The exchange rate of Filecoin is decreasing.
1 FIL is currently valued at د.ك 1.91 KWD , which means buying 5 FIL will cost د.ك 9.54 KWD . Similarly, د.ك1 KWD can be traded for 0.5240 FIL, and د.ك50 KWD can be converted to 26.2 FIL, excluding any platform or gas fees.
The exchange rate of 1 FIL to Kuwaiti Dinar has changed by -5.55% in the last 7 days. In the last 24 hours, the rate has fluctuated by +7.10%, reaching a high of 1.94 KWD and a low of 1.78 KWD . One month ago, the value of 1 FIL was د.ك 2.77 KWD , which represents a -31.16% change from its current value. Over the last year, Filecoin has changed by
+د.ك
0.1881KWD
, resulting in a change of +10.93% in its value.

FIL to KWD

Amount
03:45 am today
0.5 FIL
د.ك0.9542
1 FIL
د.ك1.91
5 FIL
د.ك9.54
10 FIL
د.ك19.08
50 FIL
د.ك95.42
100 FIL
د.ك190.84
500 FIL
د.ك954.22
1000 FIL
د.ك1,908.44

KWD to FIL

Amount03:45 am today
0.5KWD0.2620  FIL
1KWD0.5240  FIL
5KWD2.62  FIL
10KWD5.24  FIL
50KWD26.2  FIL
100KWD52.4  FIL
500KWD261.99  FIL
1000KWD523.99  FIL
share

Today vs. 24 hours ago

Amount03:45 am today24 hours ago24h change
0.5 FIL$3.1$2.89
+7.10%
1 FIL$6.19$5.78
+7.10%
5 FIL$30.95$28.9
+7.10%
10 FIL$61.9$57.8
+7.10%
50 FIL$309.51$288.99
+7.10%
100 FIL$619.02$577.98
+7.10%
500 FIL$3,095.11$2,889.92
+7.10%
1000 FIL$6,190.22$5,779.83
+7.10%

Today vs. 1 month ago

Amount03:45 am today1 month ago1M change
0.5 FIL$3.1$4.5
-31.16%
1 FIL$6.19$8.99
-31.16%
5 FIL$30.95$44.97
-31.16%
10 FIL$61.9$89.94
-31.16%
50 FIL$309.51$449.68
-31.16%
100 FIL$619.02$899.35
-31.16%
500 FIL$3,095.11$4,496.76
-31.16%
1000 FIL$6,190.22$8,993.51
-31.16%

Today vs. 1 year ago

Amount03:45 am today1 year ago1Y change
0.5 FIL$3.1$2.79
+10.93%
1 FIL$6.19$5.58
+10.93%
5 FIL$30.95$27.9
+10.93%
10 FIL$61.9$55.8
+10.93%
50 FIL$309.51$279.01
+10.93%
100 FIL$619.02$558.02
+10.93%
500 FIL$3,095.11$2,790.1
+10.93%
1000 FIL$6,190.22$5,580.21
+10.93%

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.