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Maker to Kuwaiti Dinar Converter and calculator

Convert 1Maker (MKR) to Kuwaiti Dinar (KWD) equals د.ك 911.54 | 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 Maker currency pair is the MKR to KWD, with for Maker's currency code being MKR. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for KWD.

MKR to KWD conversion rate trend

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In the past 1D, Maker has changed +3.86% to KWD. Based on the trend and price charts, Maker(MKR) has changed +3.86% to KWD while Kuwaiti Dinar(KWD) has changed % to MKR in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
د.ك911.82
0.0001% / 0.0004%vip-iconVIP
Binance
د.ك912.4
0.1000% / 0.1000%
Yes
OKX
د.ك911.24
0.080% / 0.100%
Yes
Huobi
د.ك912.23
0.1000% / 0.1000%
Yes
Gate.io
د.ك910.89
0.1000% / 0.1000%
Yes
Bybit
د.ك911.85
0.1000% / 0.1000%
Yes
KuCoin
د.ك910.37
0.1000% / 0.1000%
Yes
Bitfinex
د.ك911.48
0.1000% / 0.1000%
Yes
Last updated 2024/04/14 19:00:33(UTC+0)

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

Maker to Kuwaiti Dinar is falling this week.
Maker's current market price is د.ك 911.54 per MKR, with a total market cap of د.ك 842,909,834.72 KWD based on a circulating supply of 924,709.7 MKR. The trading volume of Maker has changed by +79.72% (د.ك 28,575,588.62 KWD) in the last 24 hours. Last trading day, MKR's trading volume was د.ك 35,845,212.86.
Market cap
$2.75B
24h volume
$209.84M
Circulating supply
924.71K MKR

Conversion tables

The exchange rate of Maker is increasing.
1 MKR is currently valued at د.ك 911.54 KWD , which means buying 5 MKR will cost د.ك 4,557.7 KWD . Similarly, د.ك1 KWD can be traded for 0.001097 MKR, and د.ك50 KWD can be converted to 0.05485 MKR, excluding any platform or gas fees.
The exchange rate of 1 MKR to Kuwaiti Dinar has changed by -17.66% in the last 7 days. In the last 24 hours, the rate has fluctuated by +3.86%, reaching a high of 919.06 KWD and a low of 758.54 KWD . One month ago, the value of 1 MKR was د.ك 860.25 KWD , which represents a +5.96% change from its current value. Over the last year, Maker has changed by
+د.ك
61.12KWD
, resulting in a change of +285.55% in its value.

MKR to KWD

Amount
19:35 today
0.5 MKR
د.ك455.77
1 MKR
د.ك911.54
5 MKR
د.ك4,557.7
10 MKR
د.ك9,115.4
50 MKR
د.ك45,577
100 MKR
د.ك91,153.99
500 MKR
د.ك455,769.97
1000 MKR
د.ك911,539.95

KWD to MKR

Amount19:35 today
0.5KWD0.0005485  MKR
1KWD0.001097  MKR
5KWD0.005485  MKR
10KWD0.01097  MKR
50KWD0.05485  MKR
100KWD0.1097  MKR
500KWD0.5485  MKR
1000KWD1.1  MKR
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Today vs. 24 hours ago

Amount19:35 today24 hours ago24h change
0.5 MKR$1,484.59$1,429.45
+3.86%
1 MKR$2,969.19$2,858.9
+3.86%
5 MKR$14,845.93$14,294.52
+3.86%
10 MKR$29,691.85$28,589.04
+3.86%
50 MKR$148,459.27$142,945.2
+3.86%
100 MKR$296,918.55$285,890.4
+3.86%
500 MKR$1,484,592.75$1,429,452
+3.86%
1000 MKR$2,969,185.5$2,858,904
+3.86%

Today vs. 1 month ago

Amount19:35 today1 month ago1M change
0.5 MKR$1,484.59$1,401.06
+5.96%
1 MKR$2,969.19$2,802.12
+5.96%
5 MKR$14,845.93$14,010.6
+5.96%
10 MKR$29,691.85$28,021.2
+5.96%
50 MKR$148,459.27$140,106.02
+5.96%
100 MKR$296,918.55$280,212.04
+5.96%
500 MKR$1,484,592.75$1,401,060.2
+5.96%
1000 MKR$2,969,185.5$2,802,120.4
+5.96%

Today vs. 1 year ago

Amount19:35 today1 year ago1Y change
0.5 MKR$1,484.59$385.06
+285.55%
1 MKR$2,969.19$770.11
+285.55%
5 MKR$14,845.93$3,850.56
+285.55%
10 MKR$29,691.85$7,701.12
+285.55%
50 MKR$148,459.27$38,505.59
+285.55%
100 MKR$296,918.55$77,011.18
+285.55%
500 MKR$1,484,592.75$385,055.9
+285.55%
1000 MKR$2,969,185.5$770,111.8
+285.55%

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.