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base info First Digital USD

First Digital USD to Kuwaiti Dinar Converter and calculator

Convert 1First Digital USD (FDUSD) to Kuwaiti Dinar (KWD) equals د.ك 0.3069 | 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 First Digital USD currency pair is the FDUSD to KWD, with for First Digital USD's currency code being FDUSD. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for KWD.

FDUSD to KWD conversion rate trend

1D7D1M3M1YAll
In the past 1D, First Digital USD has changed -0.17% to KWD. Based on the trend and price charts, First Digital USD(FDUSD) has changed -0.17% to KWD while Kuwaiti Dinar(KWD) has changed % to FDUSD in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
د.ك0.3069
0.0001% / 0.0004%vip-iconVIP
Binance
د.ك0.3072
0.1000% / 0.1000%
Yes
Gate.io
د.ك0.3071
0.1000% / 0.1000%
Yes
Last updated 2024/04/14 18:00:28(UTC+0)

What factors influence the conversion rate of First Digital USD to Kuwaiti Dinar?

First Digital USD to Kuwaiti Dinar is rising this week.
First Digital USD's current market price is د.ك 0.3069 per FDUSD, with a total market cap of د.ك 1,214,123,323.6 KWD based on a circulating supply of 3,956,564,000 FDUSD. The trading volume of First Digital USD has changed by +29.38% (د.ك 853,567,545.72 KWD) in the last 24 hours. Last trading day, FDUSD's trading volume was د.ك 2,905,405,791.01.
Market cap
$3.95B
24h volume
$12.24B
Circulating supply
3.96B FDUSD

Conversion tables

The exchange rate of First Digital USD is increasing.
1 FDUSD is currently valued at د.ك 0.3069 KWD , which means buying 5 FDUSD will cost د.ك 1.53 KWD . Similarly, د.ك1 KWD can be traded for 3.26 FDUSD, and د.ك50 KWD can be converted to 162.94 FDUSD, excluding any platform or gas fees.
The exchange rate of 1 FDUSD to Kuwaiti Dinar has changed by +0.00% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.17%, reaching a high of 0.3085 KWD and a low of 0.3065 KWD . One month ago, the value of 1 FDUSD was د.ك 0.3068 KWD , which represents a +0.01% change from its current value. Over the last year, First Digital USD has changed by
+د.ك
0.{4}3484KWD
, resulting in a change of --% in its value.

FDUSD to KWD

Amount
18:16 today
0.5 FDUSD
د.ك0.1534
1 FDUSD
د.ك0.3069
5 FDUSD
د.ك1.53
10 FDUSD
د.ك3.07
50 FDUSD
د.ك15.34
100 FDUSD
د.ك30.69
500 FDUSD
د.ك153.43
1000 FDUSD
د.ك306.86

KWD to FDUSD

Amount18:16 today
0.5KWD1.63  FDUSD
1KWD3.26  FDUSD
5KWD16.29  FDUSD
10KWD32.59  FDUSD
50KWD162.94  FDUSD
100KWD325.88  FDUSD
500KWD1,629.39  FDUSD
1000KWD3,258.78  FDUSD
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Today vs. 24 hours ago

Amount18:16 today24 hours ago24h change
0.5 FDUSD$0.4998$0.5006
-0.17%
1 FDUSD$0.9996$1
-0.17%
5 FDUSD$5$5.01
-0.17%
10 FDUSD$10$10.01
-0.17%
50 FDUSD$49.98$50.06
-0.17%
100 FDUSD$99.96$100.12
-0.17%
500 FDUSD$499.78$500.62
-0.17%
1000 FDUSD$999.55$1,001.24
-0.17%

Today vs. 1 month ago

Amount18:16 today1 month ago1M change
0.5 FDUSD$0.4998$0.4997
+0.01%
1 FDUSD$0.9996$0.9995
+0.01%
5 FDUSD$5$5
+0.01%
10 FDUSD$10$9.99
+0.01%
50 FDUSD$49.98$49.97
+0.01%
100 FDUSD$99.96$99.95
+0.01%
500 FDUSD$499.78$499.74
+0.01%
1000 FDUSD$999.55$999.48
+0.01%

Today vs. 1 year ago

Amount18:16 today1 year ago1Y change
0.5 FDUSD$0.4998$-0.0002798
--
1 FDUSD$0.9996$-0.0005595
--
5 FDUSD$5$-0.002798
--
10 FDUSD$10$-0.005595
--
50 FDUSD$49.98$-0.02798
--
100 FDUSD$99.96$-0.05595
--
500 FDUSD$499.78$-0.2798
--
1000 FDUSD$999.55$-0.5595
--

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.