Bitget App
Trade smarter
Buy cryptoMarketsTradeCopyBotsEarnWeb3
base info THORChain

THORChain to Kuwaiti Dinar Converter and calculator

Convert 1THORChain (RUNE) to Kuwaiti Dinar (KWD) equals د.ك 1.49 | 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.

Show more
Bitget crypto-to-fiat exchange data shows that the most popular THORChain currency pair is the RUNE to KWD, with for THORChain's currency code being RUNE. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for KWD.

RUNE to KWD conversion rate trend

1D7D1M3M1YAll
In the past 1D, THORChain has changed -5.96% to KWD. Based on the trend and price charts, THORChain(RUNE) has changed -5.96% to KWD while Kuwaiti Dinar(KWD) has changed % to RUNE in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
د.ك1.46
0.0001% / 0.0004%vip-iconVIP
Binance
د.ك1.46
0.1000% / 0.1000%
Yes
Huobi
د.ك1.46
0.1000% / 0.1000%
Yes
Gate.io
د.ك1.46
0.1000% / 0.1000%
Yes
Bybit
د.ك1.46
0.1000% / 0.1000%
Yes
KuCoin
د.ك1.46
0.1000% / 0.1000%
Yes
Last updated 2024/04/17 21:00:30(UTC+0)

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

THORChain to Kuwaiti Dinar is falling this week.
THORChain's current market price is د.ك 1.49 per RUNE, with a total market cap of د.ك 497,142,535.25 KWD based on a circulating supply of 334,259,460 RUNE. The trading volume of THORChain has changed by -10.24% (د.ك -11,916,806.95 KWD) in the last 24 hours. Last trading day, RUNE's trading volume was د.ك 116,405,760.82.
Market cap
$1.61B
24h volume
$339.14M
Circulating supply
334.26M RUNE

Conversion tables

The exchange rate of THORChain is decreasing.
1 RUNE is currently valued at د.ك 1.49 KWD , which means buying 5 RUNE will cost د.ك 7.44 KWD . Similarly, د.ك1 KWD can be traded for 0.6724 RUNE, and د.ك50 KWD can be converted to 33.62 RUNE, excluding any platform or gas fees.
The exchange rate of 1 RUNE to Kuwaiti Dinar has changed by -34.82% in the last 7 days. In the last 24 hours, the rate has fluctuated by -5.96%, reaching a high of 1.6 KWD and a low of 1.42 KWD . One month ago, the value of 1 RUNE was د.ك 2.56 KWD , which represents a -41.94% change from its current value. Over the last year, THORChain has changed by
+د.ك
0.04275KWD
, resulting in a change of +185.93% in its value.

RUNE to KWD

Amount
21:39 today
0.5 RUNE
د.ك0.7436
1 RUNE
د.ك1.49
5 RUNE
د.ك7.44
10 RUNE
د.ك14.87
50 RUNE
د.ك74.36
100 RUNE
د.ك148.73
500 RUNE
د.ك743.65
1000 RUNE
د.ك1,487.3

KWD to RUNE

Amount21:39 today
0.5KWD0.3362  RUNE
1KWD0.6724  RUNE
5KWD3.36  RUNE
10KWD6.72  RUNE
50KWD33.62  RUNE
100KWD67.24  RUNE
500KWD336.18  RUNE
1000KWD672.36  RUNE
share

Today vs. 24 hours ago

Amount21:39 today24 hours ago24h change
0.5 RUNE$2.41$2.57
-5.96%
1 RUNE$4.83$5.13
-5.96%
5 RUNE$24.14$25.67
-5.96%
10 RUNE$48.27$51.33
-5.96%
50 RUNE$241.37$256.66
-5.96%
100 RUNE$482.73$513.32
-5.96%
500 RUNE$2,413.66$2,566.6
-5.96%
1000 RUNE$4,827.31$5,133.2
-5.96%

Today vs. 1 month ago

Amount21:39 today1 month ago1M change
0.5 RUNE$2.41$4.16
-41.94%
1 RUNE$4.83$8.31
-41.94%
5 RUNE$24.14$41.57
-41.94%
10 RUNE$48.27$83.13
-41.94%
50 RUNE$241.37$415.67
-41.94%
100 RUNE$482.73$831.34
-41.94%
500 RUNE$2,413.66$4,156.7
-41.94%
1000 RUNE$4,827.31$8,313.4
-41.94%

Today vs. 1 year ago

Amount21:39 today1 year ago1Y change
0.5 RUNE$2.41$0.8443
+185.93%
1 RUNE$4.83$1.69
+185.93%
5 RUNE$24.14$8.44
+185.93%
10 RUNE$48.27$16.89
+185.93%
50 RUNE$241.37$84.43
+185.93%
100 RUNE$482.73$168.86
+185.93%
500 RUNE$2,413.66$844.28
+185.93%
1000 RUNE$4,827.31$1,688.56
+185.93%

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.