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Toncoin to Kuwaiti Dinar Converter and calculator

Convert 1Toncoin (TON) to Kuwaiti Dinar (KWD) equals د.ك 1.87 | 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 Toncoin currency pair is the TON to KWD, with for Toncoin's currency code being TON. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for KWD.

TON to KWD conversion rate trend

1D7D1M3M1YAll
In the past 1D, Toncoin has changed -6.80% to KWD. Based on the trend and price charts, Toncoin(TON) has changed -6.80% to KWD while Kuwaiti Dinar(KWD) has changed % to TON in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
د.ك1.91
0.0001% / 0.0004%vip-iconVIP
OKX
د.ك1.87
0.080% / 0.100%
Yes
Huobi
د.ك1.89
0.1000% / 0.1000%
Yes
Gate.io
د.ك1.87
0.1000% / 0.1000%
Yes
Bybit
د.ك1.88
0.1000% / 0.1000%
Yes
KuCoin
د.ك1.87
0.1000% / 0.1000%
Yes
Bitfinex
د.ك1.85
0.1000% / 0.1000%
Yes
Last updated 2024/04/20 00:00:41(UTC+0)

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

Toncoin to Kuwaiti Dinar is falling this week.
Toncoin's current market price is د.ك 1.87 per TON, with a total market cap of د.ك 6,494,232,708.44 KWD based on a circulating supply of 3,471,134,000 TON. The trading volume of Toncoin has changed by +160.39% (د.ك 216,670,137.58 KWD) in the last 24 hours. Last trading day, TON's trading volume was د.ك 135,087,196.92.
Market cap
$21.06B
24h volume
$1.14B
Circulating supply
3.47B TON

Conversion tables

The exchange rate of Toncoin is increasing.
1 TON is currently valued at د.ك 1.87 KWD , which means buying 5 TON will cost د.ك 9.35 KWD . Similarly, د.ك1 KWD can be traded for 0.5345 TON, and د.ك50 KWD can be converted to 26.72 TON, excluding any platform or gas fees.
The exchange rate of 1 TON to Kuwaiti Dinar has changed by -7.74% in the last 7 days. In the last 24 hours, the rate has fluctuated by -6.80%, reaching a high of 2.23 KWD and a low of 1.85 KWD . One month ago, the value of 1 TON was د.ك 1.3 KWD , which represents a +43.83% change from its current value. Over the last year, Toncoin has changed by
+د.ك
0.2465KWD
, resulting in a change of +167.39% in its value.

TON to KWD

Amount
00:04 am today
0.5 TON
د.ك0.9355
1 TON
د.ك1.87
5 TON
د.ك9.35
10 TON
د.ك18.71
50 TON
د.ك93.55
100 TON
د.ك187.09
500 TON
د.ك935.46
1000 TON
د.ك1,870.93

KWD to TON

Amount00:04 am today
0.5KWD0.2672  TON
1KWD0.5345  TON
5KWD2.67  TON
10KWD5.34  TON
50KWD26.72  TON
100KWD53.45  TON
500KWD267.25  TON
1000KWD534.49  TON
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Today vs. 24 hours ago

Amount00:04 am today24 hours ago24h change
0.5 TON$3.03$3.26
-6.80%
1 TON$6.07$6.51
-6.80%
5 TON$30.34$32.56
-6.80%
10 TON$60.69$65.11
-6.80%
50 TON$303.43$325.56
-6.80%
100 TON$606.85$651.13
-6.80%
500 TON$3,034.26$3,255.65
-6.80%
1000 TON$6,068.52$6,511.3
-6.80%

Today vs. 1 month ago

Amount00:04 am today1 month ago1M change
0.5 TON$3.03$2.11
+43.83%
1 TON$6.07$4.22
+43.83%
5 TON$30.34$21.09
+43.83%
10 TON$60.69$42.19
+43.83%
50 TON$303.43$210.94
+43.83%
100 TON$606.85$421.88
+43.83%
500 TON$3,034.26$2,109.42
+43.83%
1000 TON$6,068.52$4,218.83
+43.83%

Today vs. 1 year ago

Amount00:04 am today1 year ago1Y change
0.5 TON$3.03$1.13
+167.39%
1 TON$6.07$2.27
+167.39%
5 TON$30.34$11.35
+167.39%
10 TON$60.69$22.69
+167.39%
50 TON$303.43$113.45
+167.39%
100 TON$606.85$226.9
+167.39%
500 TON$3,034.26$1,134.51
+167.39%
1000 TON$6,068.52$2,269.02
+167.39%

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.