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Internet Computer to Kuwaiti Dinar Converter and calculator

Convert 1Internet Computer (ICP) to Kuwaiti Dinar (KWD) equals د.ك 4.58 | 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 Internet Computer(ICP) to Kuwaiti Dinar(KWD). This is the real-time data. The current conversion shows 1 ICP at a value of 1 ICP for 4.58 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 Internet Computer currency pair is the ICP to KWD, with for Internet Computer's currency code being ICP. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for KWD.

ICP to KWD conversion rate trend

1D7D1M3M1YAll
In the past 1D, Internet Computer has changed +9.50% to KWD. Based on the trend and price charts, Internet Computer(ICP) has changed +9.50% to KWD while Kuwaiti Dinar(KWD) has changed % to ICP in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
د.ك4.53
0.0001% / 0.0004%vip-iconVIP
Binance
د.ك4.52
0.1000% / 0.1000%
Yes
Coinbase Exchange
د.ك4.54
0.1000% / 0.1000%
Yes
OKX
د.ك4.52
0.080% / 0.100%
Yes
Huobi
د.ك4.53
0.1000% / 0.1000%
Yes
Gate.io
د.ك4.52
0.1000% / 0.1000%
Yes
Bybit
د.ك4.53
0.1000% / 0.1000%
Yes
KuCoin
د.ك4.52
0.1000% / 0.1000%
Yes
Bitfinex
د.ك4.53
0.1000% / 0.1000%
Yes
Last updated 2024/04/20 15:00:31(UTC+0)

What factors influence the conversion rate of Internet Computer to Kuwaiti Dinar?

Internet Computer to Kuwaiti Dinar is rising this week.
Internet Computer's current market price is د.ك 4.58 per ICP, with a total market cap of د.ك 2,121,042,699.39 KWD based on a circulating supply of 462,893,730 ICP. The trading volume of Internet Computer has changed by +8.10% (د.ك 4,685,628.78 KWD) in the last 24 hours. Last trading day, ICP's trading volume was د.ك 57,821,570.47.
Market cap
$6.88B
24h volume
$202.75M
Circulating supply
462.89M ICP

Conversion tables

The exchange rate of Internet Computer is increasing.
1 ICP is currently valued at د.ك 4.58 KWD , which means buying 5 ICP will cost د.ك 22.91 KWD . Similarly, د.ك1 KWD can be traded for 0.2182 ICP, and د.ك50 KWD can be converted to 10.91 ICP, excluding any platform or gas fees.
The exchange rate of 1 ICP to Kuwaiti Dinar has changed by +9.29% in the last 7 days. In the last 24 hours, the rate has fluctuated by +9.50%, reaching a high of 4.57 KWD and a low of 4.13 KWD . One month ago, the value of 1 ICP was د.ك 3.79 KWD , which represents a +20.79% change from its current value. Over the last year, Internet Computer has changed by
+د.ك
0.04234KWD
, resulting in a change of +159.60% in its value.

ICP to KWD

Amount
15:33 today
0.5 ICP
د.ك2.29
1 ICP
د.ك4.58
5 ICP
د.ك22.91
10 ICP
د.ك45.82
50 ICP
د.ك229.11
100 ICP
د.ك458.21
500 ICP
د.ك2,291.07
1000 ICP
د.ك4,582.14

KWD to ICP

Amount15:33 today
0.5KWD0.1091  ICP
1KWD0.2182  ICP
5KWD1.09  ICP
10KWD2.18  ICP
50KWD10.91  ICP
100KWD21.82  ICP
500KWD109.12  ICP
1000KWD218.24  ICP
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Today vs. 24 hours ago

Amount15:33 today24 hours ago24h change
0.5 ICP$7.43$6.79
+9.50%
1 ICP$14.86$13.57
+9.50%
5 ICP$74.31$67.86
+9.50%
10 ICP$148.63$135.73
+9.50%
50 ICP$743.13$678.63
+9.50%
100 ICP$1,486.26$1,357.26
+9.50%
500 ICP$7,431.3$6,786.29
+9.50%
1000 ICP$14,862.59$13,572.58
+9.50%

Today vs. 1 month ago

Amount15:33 today1 month ago1M change
0.5 ICP$7.43$6.15
+20.79%
1 ICP$14.86$12.3
+20.79%
5 ICP$74.31$61.52
+20.79%
10 ICP$148.63$123.04
+20.79%
50 ICP$743.13$615.22
+20.79%
100 ICP$1,486.26$1,230.45
+20.79%
500 ICP$7,431.3$6,152.23
+20.79%
1000 ICP$14,862.59$12,304.46
+20.79%

Today vs. 1 year ago

Amount15:33 today1 year ago1Y change
0.5 ICP$7.43$2.86
+159.60%
1 ICP$14.86$5.73
+159.60%
5 ICP$74.31$28.63
+159.60%
10 ICP$148.63$57.25
+159.60%
50 ICP$743.13$286.26
+159.60%
100 ICP$1,486.26$572.53
+159.60%
500 ICP$7,431.3$2,862.63
+159.60%
1000 ICP$14,862.59$5,725.25
+159.60%

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.