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IOTA to Kuwaiti Dinar Converter and calculator

Convert 1IOTA (IOTA) to Kuwaiti Dinar (KWD) equals د.ك 0.06623 | 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 IOTA(IOTA) to Kuwaiti Dinar(KWD). This is the real-time data. The current conversion shows 1 IOTA at a value of 1 IOTA for 0.07 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 IOTA currency pair is the IOTA to KWD, with for IOTA's currency code being IOTA. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for KWD.

IOTA to KWD conversion rate trend

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In the past 1D, IOTA has changed -1.99% to KWD. Based on the trend and price charts, IOTA(IOTA) has changed -1.99% to KWD while Kuwaiti Dinar(KWD) has changed % to IOTA in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
د.ك0.06623
0.0001% / 0.0004%vip-iconVIP
Binance
د.ك0.06604
0.1000% / 0.1000%
Yes
OKX
د.ك0.06601
0.080% / 0.100%
Yes
Huobi
د.ك0.07358
0.1000% / 0.1000%
Yes
Gate.io
د.ك0.06604
0.1000% / 0.1000%
Yes
KuCoin
د.ك0.06607
0.1000% / 0.1000%
Yes
Last updated 2024/05/19 02:00:19(UTC+0)

How to buy IOTA

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

IOTA to Kuwaiti Dinar is rising this week.
IOTA's current market price is د.ك 0.06623 per IOTA, with a total market cap of د.ك 216,439,992.87 KWD based on a circulating supply of 3,267,780,900 IOTA. The trading volume of IOTA has changed by -24.42% (د.ك -894,006.15 KWD) in the last 24 hours. Last trading day, IOTA's trading volume was د.ك 3,661,423.63.
Market cap
$705.94M
24h volume
$9.03M
Circulating supply
3.27B IOTA

Conversion tables

The exchange rate of IOTA is increasing.
1 IOTA is currently valued at د.ك 0.06623 KWD , which means buying 5 IOTA will cost د.ك 0.3312 KWD . Similarly, د.ك1 KWD can be traded for 15.1 IOTA, and د.ك50 KWD can be converted to 754.89 IOTA, excluding any platform or gas fees.
The exchange rate of 1 IOTA to Kuwaiti Dinar has changed by +2.50% in the last 7 days. In the last 24 hours, the rate has fluctuated by -1.99%, reaching a high of 0.06787 KWD and a low of 0.06601 KWD . One month ago, the value of 1 IOTA was د.ك 0.06383 KWD , which represents a +3.77% change from its current value. Over the last year, IOTA has changed by
+د.ك
0.01053KWD
, resulting in a change of +18.90% in its value.

IOTA to KWD

Amount
02:20 am today
0.5 IOTA
د.ك0.03312
1 IOTA
د.ك0.06623
5 IOTA
د.ك0.3312
10 IOTA
د.ك0.6623
50 IOTA
د.ك3.31
100 IOTA
د.ك6.62
500 IOTA
د.ك33.12
1000 IOTA
د.ك66.23

KWD to IOTA

Amount02:20 am today
0.5KWD7.55  IOTA
1KWD15.1  IOTA
5KWD75.49  IOTA
10KWD150.98  IOTA
50KWD754.89  IOTA
100KWD1,509.79  IOTA
500KWD7,548.93  IOTA
1000KWD15,097.86  IOTA
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Today vs. 24 hours ago

Amount02:20 am today24 hours ago24h change
0.5 IOTA$0.1080$0.1102
-1.99%
1 IOTA$0.2160$0.2204
-1.99%
5 IOTA$1.08$1.1
-1.99%
10 IOTA$2.16$2.2
-1.99%
50 IOTA$10.8$11.02
-1.99%
100 IOTA$21.6$22.04
-1.99%
500 IOTA$108.01$110.21
-1.99%
1000 IOTA$216.03$220.42
-1.99%

Today vs. 1 month ago

Amount02:20 am today1 month ago1M change
0.5 IOTA$0.1080$0.1041
+3.77%
1 IOTA$0.2160$0.2082
+3.77%
5 IOTA$1.08$1.04
+3.77%
10 IOTA$2.16$2.08
+3.77%
50 IOTA$10.8$10.41
+3.77%
100 IOTA$21.6$20.82
+3.77%
500 IOTA$108.01$104.09
+3.77%
1000 IOTA$216.03$208.18
+3.77%
Buy IOTA for 1 KWD
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Today vs. 1 year ago

Amount02:20 am today1 year ago1Y change
0.5 IOTA$0.1080$0.09084
+18.90%
1 IOTA$0.2160$0.1817
+18.90%
5 IOTA$1.08$0.9084
+18.90%
10 IOTA$2.16$1.82
+18.90%
50 IOTA$10.8$9.08
+18.90%
100 IOTA$21.6$18.17
+18.90%
500 IOTA$108.01$90.84
+18.90%
1000 IOTA$216.03$181.68
+18.90%

IOTA price prediction

What will the price of IOTA be in 2025?

Based on IOTA's historical price performance prediction model, the price of IOTA is projected to reach $0.2988 in 2025.

What will the price of IOTA be in 2030?

In 2030, the IOTA price is expected to rise by -10.00%. By the end of 2030, the IOTA price is projected to reach $0.6862, with a cumulative ROI of +217.63%.
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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.