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Speedy to Kuwaiti Dinar Converter and calculator

Convert 1Speedy (SPEEDY) to Kuwaiti Dinar (KWD) equals د.ك 0.{5}1130 | 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 Speedy(SPEEDY) to Kuwaiti Dinar(KWD). This is the real-time data. The current conversion shows 1 SPEEDY at a value of 1 SPEEDY 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 Speedy currency pair is the SPEEDY to KWD, with for Speedy's currency code being SPEEDY. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for KWD.

SPEEDY to KWD conversion rate trend

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In the past 1D, Speedy has changed +23.72% to KWD. Based on the trend and price charts, Speedy(SPEEDY) has changed +23.72% to KWD while Kuwaiti Dinar(KWD) has changed % to SPEEDY in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
د.ك0.{5}1130
0.0001% / 0.0004%vip-iconVIP
Last updated 2024/05/26 02:52:29(UTC+0)

How to buy Speedy

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Buy Speedy (SPEEDY)
Use a variety of payment options to buy Speedy on Bitget. We'll show you how.

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

Speedy to Kuwaiti Dinar is falling this week.
Speedy's current market price is د.ك 0.{5}1130 per SPEEDY, with a total market cap of د.ك 0 KWD based on a circulating supply of -- SPEEDY. The trading volume of Speedy has changed by -30.59% (د.ك -38,072.80 KWD) in the last 24 hours. Last trading day, SPEEDY's trading volume was د.ك 124,458.33.
Market cap
$0
24h volume
$281.57K
Circulating supply
0 SPEEDY

Conversion tables

The exchange rate of Speedy is decreasing.
1 SPEEDY is currently valued at د.ك 0.{5}1130 KWD , which means buying 5 SPEEDY will cost د.ك 0.{5}5648 KWD . Similarly, د.ك1 KWD can be traded for 885,332.23 SPEEDY, and د.ك50 KWD can be converted to 44,266,611.42 SPEEDY, excluding any platform or gas fees.
The exchange rate of 1 SPEEDY to Kuwaiti Dinar has changed by -11.98% in the last 7 days. In the last 24 hours, the rate has fluctuated by +23.72%, reaching a high of 0.{5}1209 KWD and a low of 0.{6}8838 KWD . One month ago, the value of 1 SPEEDY was د.ك 0.{5}2456 KWD , which represents a -54.01% change from its current value. Over the last year, Speedy has changed by
+د.ك
0.{5}1130KWD
, resulting in a change of --% in its value.

SPEEDY to KWD

Amount
02:52 am today
0.5 SPEEDY
د.ك0.{6}5648
1 SPEEDY
د.ك0.{5}1130
5 SPEEDY
د.ك0.{5}5648
10 SPEEDY
د.ك0.{4}1130
50 SPEEDY
د.ك0.{4}5648
100 SPEEDY
د.ك0.0001130
500 SPEEDY
د.ك0.0005648
1000 SPEEDY
د.ك0.001130

KWD to SPEEDY

Amount02:52 am today
0.5KWD442,666.11  SPEEDY
1KWD885,332.23  SPEEDY
5KWD4,426,661.14  SPEEDY
10KWD8,853,322.28  SPEEDY
50KWD44,266,611.42  SPEEDY
100KWD88,533,222.84  SPEEDY
500KWD442,666,114.19  SPEEDY
1000KWD885,332,228.38  SPEEDY
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Today vs. 24 hours ago

Amount02:52 am today24 hours ago24h change
0.5 SPEEDY$0.{5}1841$0.{5}1488
+23.72%
1 SPEEDY$0.{5}3682$0.{5}2976
+23.72%
5 SPEEDY$0.{4}1841$0.{4}1488
+23.72%
10 SPEEDY$0.{4}3682$0.{4}2976
+23.72%
50 SPEEDY$0.0001841$0.0001488
+23.72%
100 SPEEDY$0.0003682$0.0002976
+23.72%
500 SPEEDY$0.001841$0.001488
+23.72%
1000 SPEEDY$0.003682$0.002976
+23.72%

Today vs. 1 month ago

Amount02:52 am today1 month ago1M change
0.5 SPEEDY$0.{5}1841$0.{5}4003
-54.01%
1 SPEEDY$0.{5}3682$0.{5}8005
-54.01%
5 SPEEDY$0.{4}1841$0.{4}4003
-54.01%
10 SPEEDY$0.{4}3682$0.{4}8005
-54.01%
50 SPEEDY$0.0001841$0.0004003
-54.01%
100 SPEEDY$0.0003682$0.0008005
-54.01%
500 SPEEDY$0.001841$0.004003
-54.01%
1000 SPEEDY$0.003682$0.008005
-54.01%
Buy Speedy for 1 KWD
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Today vs. 1 year ago

Amount02:52 am today1 year ago1Y change
0.5 SPEEDY$0.{5}1841$-0.{11}9550
--
1 SPEEDY$0.{5}3682$-0.{10}1910
--
5 SPEEDY$0.{4}1841$-0.{10}9550
--
10 SPEEDY$0.{4}3682$-0.{9}1910
--
50 SPEEDY$0.0001841$-0.{9}9550
--
100 SPEEDY$0.0003682$-0.{8}1910
--
500 SPEEDY$0.001841$-0.{8}9550
--
1000 SPEEDY$0.003682$-0.{7}1910
--

Speedy price prediction

What will the price of SPEEDY be in 2025?

Based on SPEEDY's historical price performance prediction model, the price of SPEEDY is projected to reach -- in 2025.

What will the price of SPEEDY be in 2030?

In 2030, the SPEEDY price is expected to rise by -14.00%. By the end of 2030, the SPEEDY price is projected to reach --, with a cumulative ROI of 0.00%.
Buy Speedy for 1 KWD
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Buy Speedy for 1 KWD
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Buy Speedy for 1 KWD
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FAQ

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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.