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Gaimin to Kuwaiti Dinar Converter and calculator

Convert 1Gaimin (GMRX) to Kuwaiti Dinar (KWD) equals د.ك 0.0006846 | 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 Gaimin(GMRX) to Kuwaiti Dinar(KWD). This is the real-time data. The current conversion shows 1 GMRX at a value of 1 GMRX for 0.00 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 Gaimin currency pair is the GMRX to KWD, with for Gaimin's currency code being GMRX. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for KWD.

GMRX to KWD conversion rate trend

1D7D1M3M1YAll
In the past 1D, Gaimin has changed -4.87% to KWD. Based on the trend and price charts, Gaimin(GMRX) has changed -4.87% to KWD while Kuwaiti Dinar(KWD) has changed % to GMRX in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
د.ك0.0006745
0.0200% / 0.0320%vip-iconVIP 7
Gate.io
د.ك0.0006843
0.1000% / 0.1000%
Yes
Bybit
د.ك0.0006800
0.1000% / 0.1000%
Yes
KuCoin
د.ك0.0006813
0.1000% / 0.1000%
Yes
Last updated 2024/06/25 03:00:20(UTC+0)

How to buy Gaimin

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Buy Gaimin (GMRX)
Use a variety of payment options to buy Gaimin on Bitget. We'll show you how.

Buy GMRX (or USDT) for KWD (Kuwaiti Dinar) offers

Bitget P2P trading does not currently support direct buying of GMRX with KWD. However, you can buy USDT in Bitget P2P trading first, and then buy GMRX with USDT via Bitget spot market.
Merchants (trades/completion rate)PriceAmount/limit
Low to high
Payment methods
Zero fees
Action
C
Crypto_$aVVyVerified Merchant
36 tradesCompletion rate 90.00%
0.39 KWD
Amount49.99 USDT
Limit3 - 19.461 KWD
Bank TransferNational Bank of Kuwait (K.S.C) (NBK)Kuwait Finance House (KFH)
Buy

Sell GMRX (or USDT) for KWD (Kuwaiti Dinar) offers

Bitget P2P trading currently does not support direct selling of GMRX to KWD. However, you can first exchange GMRX for USDT in the Bitget spot market, and then sell USDT to KWD in Bitget P2P trading.
Merchants (trades/completion rate)PriceAmount/limit
High to low
Payment methods
Zero fees
Action
k
kwt690Verified Merchant
61 tradesCompletion rate 81.00%
0.26 KWD
Amount82262.83 USDT
Limit20 - 24000 KWD
Bank TransferNational Bank of Kuwait (K.S.C) (NBK)Gulf Bank (K.S.C) (GBK)Kuwait Finance House (KFH)
Sell
Z
ZAExchangeVerified Merchant
3 tradesCompletion rate 75.00%
0.25 KWD
Amount887.06 USDT
Limit5 - 250 KWD
Bank TransferNational Bank of Kuwait (K.S.C) (NBK)Gulf Bank (K.S.C) (GBK)
Sell
S
ShelbyLimitedVerified Merchant
0 tradesCompletion rate 0.00%
0.25 KWD
Amount149687.82 USDT
Limit3 - 3010 KWD
Attijari BankGulf Bank (K.S.C) (GBK)Kuwait Finance House (KFH)
Sell

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

Gaimin to Kuwaiti Dinar is falling this week.
Gaimin's current market price is د.ك 0.0006846 per GMRX, with a total market cap of د.ك 4,542,019.04 KWD based on a circulating supply of 6,634,129,400 GMRX. The trading volume of Gaimin has changed by +176.17% (د.ك 140,877.59 KWD) in the last 24 hours. Last trading day, GMRX's trading volume was د.ك 79,968.16.
Market cap
$14.81M
24h volume
$720.31K
Circulating supply
6.63B GMRX

Conversion tables

The exchange rate of Gaimin is decreasing.
1 GMRX is currently valued at د.ك 0.0006846 KWD , which means buying 5 GMRX will cost د.ك 0.003423 KWD . Similarly, د.ك1 KWD can be traded for 1,460.61 GMRX, and د.ك50 KWD can be converted to 73,030.62 GMRX, excluding any platform or gas fees.
The exchange rate of 1 GMRX to Kuwaiti Dinar has changed by -16.92% in the last 7 days. In the last 24 hours, the rate has fluctuated by -4.87%, reaching a high of 0.0006964 KWD and a low of 0.0006592 KWD . One month ago, the value of 1 GMRX was د.ك 0.001509 KWD , which represents a -55.57% change from its current value. Over the last year, Gaimin has changed by
+د.ك
0.0006587KWD
, resulting in a change of --% in its value.

GMRX to KWD

Amount
04:42 am today
0.5 GMRX
د.ك0.0003423
1 GMRX
د.ك0.0006846
5 GMRX
د.ك0.003423
10 GMRX
د.ك0.006846
50 GMRX
د.ك0.03423
100 GMRX
د.ك0.06846
500 GMRX
د.ك0.3423
1000 GMRX
د.ك0.6846

KWD to GMRX

Amount04:42 am today
0.5KWD730.31  GMRX
1KWD1,460.61  GMRX
5KWD7,303.06  GMRX
10KWD14,606.12  GMRX
50KWD73,030.62  GMRX
100KWD146,061.25  GMRX
500KWD730,306.23  GMRX
1000KWD1,460,612.47  GMRX
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Today vs. 24 hours ago

Amount04:42 am today24 hours ago24h change
0.5 GMRX$0.001117$0.001172
-4.87%
1 GMRX$0.002233$0.002343
-4.87%
5 GMRX$0.01117$0.01172
-4.87%
10 GMRX$0.02233$0.02343
-4.87%
50 GMRX$0.1117$0.1172
-4.87%
100 GMRX$0.2233$0.2343
-4.87%
500 GMRX$1.12$1.17
-4.87%
1000 GMRX$2.23$2.34
-4.87%

Today vs. 1 month ago

Amount04:42 am today1 month ago1M change
0.5 GMRX$0.001117$0.002461
-55.57%
1 GMRX$0.002233$0.004921
-55.57%
5 GMRX$0.01117$0.02461
-55.57%
10 GMRX$0.02233$0.04921
-55.57%
50 GMRX$0.1117$0.2461
-55.57%
100 GMRX$0.2233$0.4921
-55.57%
500 GMRX$1.12$2.46
-55.57%
1000 GMRX$2.23$4.92
-55.57%
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Today vs. 1 year ago

Amount04:42 am today1 year ago1Y change
0.5 GMRX$0.001117$0.{4}4239
--
1 GMRX$0.002233$0.{4}8478
--
5 GMRX$0.01117$0.0004239
--
10 GMRX$0.02233$0.0008478
--
50 GMRX$0.1117$0.004239
--
100 GMRX$0.2233$0.008478
--
500 GMRX$1.12$0.04239
--
1000 GMRX$2.23$0.08478
--

Gaimin price prediction

What will the price of GMRX be in 2025?

Based on GMRX's historical price performance prediction model, the price of GMRX is projected to reach -- in 2025.

What will the price of GMRX be in 2030?

In 2030, the GMRX price is expected to rise by -3.00%. By the end of 2030, the GMRX price is projected to reach --, with a cumulative ROI of 0.00%.
Buy Gaimin for 1 KWD
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FAQ

What is a cryptocurrency calculator?
A cryptocurrency calculator enables users to convert various digital currencies into different world currencies according to the current exchange rate.
How does a cryptocurrency calculator work?
A cryptocurrency calculator fetches real-time values from digital currency exchange markets to convert between Gaimin and KWD.
How accurate is a cryptocurrency calculator?
Cryptocurrency calculators are generally highly accurate as they track real-time data from cryptocurrency markets, such as Gaimin and KWD. However, due to the high volatility of the cryptocurrency market, rates can fluctuate rapidly.
Can I trust the results of a cryptocurrency calculator?
While cryptocurrency calculators can provide a good starting point, remember that there might be slight differences in real-time trading due to factors such as time delay and trading platform discrepancies.
Can I use a cryptocurrency calculator for tax purposes?
Cryptocurrency calculators are useful for tax information, like coin values at given times. However, it's better to use tax-specific software or a professional for accurate reporting. Bitget Academy is a useful guide for cryptocurrency taxes, covering tax procedures, crypto transactions, effective planning, and different tax tools. Bitget prioritizes user experience, especially in optimizing tax management. With Advanced API and collaborations like Koinly, Bitget provides a smart, accessible platform for cryptocurrency trade and tax responsibilities.
Can a cryptocurrency calculator be used to convert one type of cryptocurrency to another?
If you want to know the value of Gaimin in KWD, cryptocurrency calculators can help you. But if you want to compare the worth of two different cryptocurrencies, you can use Bitget Convert. This tool simplifies the process of cryptocurrency conversion by allowing you to avoid multiple transactions or frequent transfers between wallets and exchanges. With Bitget Convert, you can seamlessly convert your cryptocurrencies in a user-friendly way.

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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.