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Shiba Inu to Kuwaiti Dinar Converter and calculator

Convert 1Shiba Inu (SHIB) to Kuwaiti Dinar (KWD) equals د.ك 0.{5}7171 | 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 Shiba Inu(SHIB) to Kuwaiti Dinar(KWD). This is the real-time data. The current conversion shows 1 SHIB at a value of 1 SHIB 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 Shiba Inu currency pair is the SHIB to KWD, with for Shiba Inu's currency code being SHIB. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for KWD.

SHIB to KWD conversion rate trend

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In the past 1D, Shiba Inu has changed +1.78% to KWD. Based on the trend and price charts, Shiba Inu(SHIB) has changed +1.78% to KWD while Kuwaiti Dinar(KWD) has changed % to SHIB in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
د.ك0.{5}7146
0.0001% / 0.0004%vip-iconVIP
Binance
د.ك0.{5}7143
0.1000% / 0.1000%
Yes
Coinbase Exchange
د.ك0.{5}7153
0.1000% / 0.1000%
Yes
Kraken
د.ك0.{5}7149
0.1000% / 0.1000%
Yes
OKX
د.ك0.{5}7146
0.080% / 0.100%
Yes
Huobi
د.ك0.{5}7146
0.1000% / 0.1000%
Yes
Gate.io
د.ك0.{5}7146
0.1000% / 0.1000%
Yes
Bybit
د.ك0.{5}7149
0.1000% / 0.1000%
Yes
KuCoin
د.ك0.{5}7146
0.1000% / 0.1000%
Yes
Bitfinex
د.ك0.{5}7149
0.1000% / 0.1000%
Yes
Last updated 2024/04/20 14:00:32(UTC+0)

What factors influence the conversion rate of Shiba Inu to Kuwaiti Dinar?

Shiba Inu to Kuwaiti Dinar is falling this week.
Shiba Inu's current market price is د.ك 0.{5}7171 per SHIB, with a total market cap of د.ك 4,225,592,487.07 KWD based on a circulating supply of 589,289,440,000,000 SHIB. The trading volume of Shiba Inu has changed by -36.85% (د.ك -73,041,423.71 KWD) in the last 24 hours. Last trading day, SHIB's trading volume was د.ك 198,230,032.75.
Market cap
$13.71B
24h volume
$406.06M
Circulating supply
589.29T SHIB

Conversion tables

The exchange rate of Shiba Inu is decreasing.
1 SHIB is currently valued at د.ك 0.{5}7171 KWD , which means buying 5 SHIB will cost د.ك 0.{4}3585 KWD . Similarly, د.ك1 KWD can be traded for 139,457.23 SHIB, and د.ك50 KWD can be converted to 6,972,861.56 SHIB, excluding any platform or gas fees.
The exchange rate of 1 SHIB to Kuwaiti Dinar has changed by -5.58% in the last 7 days. In the last 24 hours, the rate has fluctuated by +1.78%, reaching a high of 0.{5}7194 KWD and a low of 0.{5}6912 KWD . One month ago, the value of 1 SHIB was د.ك 0.{5}8389 KWD , which represents a -14.53% change from its current value. Over the last year, Shiba Inu has changed by
+د.ك
0.{5}3896KWD
, resulting in a change of +119.03% in its value.

SHIB to KWD

Amount
14:15 today
0.5 SHIB
د.ك0.{5}3585
1 SHIB
د.ك0.{5}7171
5 SHIB
د.ك0.{4}3585
10 SHIB
د.ك0.{4}7171
50 SHIB
د.ك0.0003585
100 SHIB
د.ك0.0007171
500 SHIB
د.ك0.003585
1000 SHIB
د.ك0.007171

KWD to SHIB

Amount14:15 today
0.5KWD69,728.62  SHIB
1KWD139,457.23  SHIB
5KWD697,286.16  SHIB
10KWD1,394,572.31  SHIB
50KWD6,972,861.56  SHIB
100KWD13,945,723.11  SHIB
500KWD69,728,615.57  SHIB
1000KWD139,457,231.15  SHIB
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Today vs. 24 hours ago

Amount14:15 today24 hours ago24h change
0.5 SHIB$0.{4}1163$0.{4}1143
+1.78%
1 SHIB$0.{4}2326$0.{4}2285
+1.78%
5 SHIB$0.0001163$0.0001143
+1.78%
10 SHIB$0.0002326$0.0002285
+1.78%
50 SHIB$0.001163$0.001143
+1.78%
100 SHIB$0.002326$0.002285
+1.78%
500 SHIB$0.01163$0.01143
+1.78%
1000 SHIB$0.02326$0.02285
+1.78%

Today vs. 1 month ago

Amount14:15 today1 month ago1M change
0.5 SHIB$0.{4}1163$0.{4}1361
-14.53%
1 SHIB$0.{4}2326$0.{4}2721
-14.53%
5 SHIB$0.0001163$0.0001361
-14.53%
10 SHIB$0.0002326$0.0002721
-14.53%
50 SHIB$0.001163$0.001361
-14.53%
100 SHIB$0.002326$0.002721
-14.53%
500 SHIB$0.01163$0.01361
-14.53%
1000 SHIB$0.02326$0.02721
-14.53%

Today vs. 1 year ago

Amount14:15 today1 year ago1Y change
0.5 SHIB$0.{4}1163$0.{5}5310
+119.03%
1 SHIB$0.{4}2326$0.{4}1062
+119.03%
5 SHIB$0.0001163$0.{4}5310
+119.03%
10 SHIB$0.0002326$0.0001062
+119.03%
50 SHIB$0.001163$0.0005310
+119.03%
100 SHIB$0.002326$0.001062
+119.03%
500 SHIB$0.01163$0.005310
+119.03%
1000 SHIB$0.02326$0.01062
+119.03%

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.