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Monero to Kuwaiti Dinar Converter and calculator

Convert 1Monero (XMR) to Kuwaiti Dinar (KWD) equals د.ك 38.43 | 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 Monero(XMR) to Kuwaiti Dinar(KWD). This is the real-time data. The current conversion shows 1 XMR at a value of 1 XMR for 38.43 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 Monero currency pair is the XMR to KWD, with for Monero's currency code being XMR. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for KWD.

XMR to KWD conversion rate trend

1D7D1M3M1YAll
In the past 1D, Monero has changed +6.70% to KWD. Based on the trend and price charts, Monero(XMR) has changed +6.70% to KWD while Kuwaiti Dinar(KWD) has changed % to XMR in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
د.ك38.43
0.0001% / 0.0004%vip-iconVIP
Binance
د.ك36.6
0.1000% / 0.1000%
Yes
Kraken
د.ك38.08
0.1000% / 0.1000%
Yes
OKX
د.ك49.02
0.080% / 0.100%
Yes
Huobi
د.ك38.2
0.1000% / 0.1000%
Yes
Gate.io
د.ك38.05
0.1000% / 0.1000%
Yes
KuCoin
د.ك38.07
0.1000% / 0.1000%
Yes
Bitfinex
د.ك38.08
0.1000% / 0.1000%
Yes
Last updated 2024/04/21 02:00:37(UTC+0)

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

Monero to Kuwaiti Dinar is rising this week.
Monero's current market price is د.ك 38.43 per XMR, with a total market cap of د.ك 708,084,532.08 KWD based on a circulating supply of 18,426,310 XMR. The trading volume of Monero has changed by -28.40% (د.ك -4,719,363.44 KWD) in the last 24 hours. Last trading day, XMR's trading volume was د.ك 16,617,652.42.
Market cap
$2.30B
24h volume
$38.59M
Circulating supply
18.43M XMR

Conversion tables

The exchange rate of Monero is decreasing.
1 XMR is currently valued at د.ك 38.43 KWD , which means buying 5 XMR will cost د.ك 192.14 KWD . Similarly, د.ك1 KWD can be traded for 0.02602 XMR, and د.ك50 KWD can be converted to 1.3 XMR, excluding any platform or gas fees.
The exchange rate of 1 XMR to Kuwaiti Dinar has changed by +7.87% in the last 7 days. In the last 24 hours, the rate has fluctuated by +6.70%, reaching a high of 38.43 KWD and a low of 35.98 KWD . One month ago, the value of 1 XMR was د.ك 42.73 KWD , which represents a -10.06% change from its current value. Over the last year, Monero has changed by
-د.ك
8.27KWD
, resulting in a change of -17.69% in its value.

XMR to KWD

Amount
02:24 am today
0.5 XMR
د.ك19.21
1 XMR
د.ك38.43
5 XMR
د.ك192.14
10 XMR
د.ك384.28
50 XMR
د.ك1,921.4
100 XMR
د.ك3,842.79
500 XMR
د.ك19,213.95
1000 XMR
د.ك38,427.91

KWD to XMR

Amount02:24 am today
0.5KWD0.01301  XMR
1KWD0.02602  XMR
5KWD0.1301  XMR
10KWD0.2602  XMR
50KWD1.3  XMR
100KWD2.6  XMR
500KWD13.01  XMR
1000KWD26.02  XMR
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Today vs. 24 hours ago

Amount02:24 am today24 hours ago24h change
0.5 XMR$62.32$58.41
+6.70%
1 XMR$124.64$116.81
+6.70%
5 XMR$623.22$584.06
+6.70%
10 XMR$1,246.45$1,168.12
+6.70%
50 XMR$6,232.23$5,840.59
+6.70%
100 XMR$12,464.45$11,681.18
+6.70%
500 XMR$62,322.26$58,405.91
+6.70%
1000 XMR$124,644.52$116,811.82
+6.70%

Today vs. 1 month ago

Amount02:24 am today1 month ago1M change
0.5 XMR$62.32$69.3
-10.06%
1 XMR$124.64$138.59
-10.06%
5 XMR$623.22$692.97
-10.06%
10 XMR$1,246.45$1,385.94
-10.06%
50 XMR$6,232.23$6,929.7
-10.06%
100 XMR$12,464.45$13,859.4
-10.06%
500 XMR$62,322.26$69,296.98
-10.06%
1000 XMR$124,644.52$138,593.95
-10.06%

Today vs. 1 year ago

Amount02:24 am today1 year ago1Y change
0.5 XMR$62.32$75.73
-17.69%
1 XMR$124.64$151.46
-17.69%
5 XMR$623.22$757.28
-17.69%
10 XMR$1,246.45$1,514.56
-17.69%
50 XMR$6,232.23$7,572.8
-17.69%
100 XMR$12,464.45$15,145.6
-17.69%
500 XMR$62,322.26$75,727.98
-17.69%
1000 XMR$124,644.52$151,455.96
-17.69%

FAQ

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