COINDEPO to KWD Converter and calculator


Conversion rates
Convert COINDEPO to KWD
Convert KWD to COINDEPO
COINDEPO to KWD chart
COINDEPO to KWD conversion data: Volatility and price changes of COINDEPO in KWD
Last 24 hours | Last 7 days | Last 30 days | Last 90 days | |
---|---|---|---|---|
High | 0.02872 KWD | 0.02872 KWD | 0.02872 KWD | 0.02872 KWD |
Low | 0.02751 KWD | 0.02751 KWD | 0.02751 KWD | 0.02751 KWD |
Average | 0 KWD | 0 KWD | 0 KWD | 0 KWD |
Volatility | % | % | % | % |
Change | -3.21% | -3.64% | -3.53% | -2.10% |
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Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
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COINDEPO information
COINDEPO to KWD market statistics
Current COINDEPO to KWD exchange rate
COINDEPO to Kuwaiti Dinar is rising this week.More info about COINDEPO on Bitget
Kuwaiti Dinar 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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COINDEPO to KWD Conversion tables
Amount | 21:28 today | 24 hours ago | 24h change |
---|---|---|---|
0.5 COINDEPO | د.ك0.01376 | د.ك-0.{6}6874 | -3.21% |
1 COINDEPO | د.ك0.02751 | د.ك-0.{5}1375 | -3.21% |
5 COINDEPO | د.ك0.1376 | د.ك-0.{5}6874 | -3.21% |
10 COINDEPO | د.ك0.2751 | د.ك-0.{4}1375 | -3.21% |
50 COINDEPO | د.ك1.38 | د.ك-0.{4}6874 | -3.21% |
100 COINDEPO | د.ك2.75 | د.ك-0.0001375 | -3.21% |
500 COINDEPO | د.ك13.76 | د.ك-0.0006874 | -3.21% |
1000 COINDEPO | د.ك27.51 | د.ك-0.001375 | -3.21% |
COINDEPO to KWD FAQ
What factors influence the conversion rate of COINDEPO to KWD?
Popular exchange rates — Crypto-to-Fiat converter
The price of COINDEPO in the US is $0.09005 USD. Additionally, COINDEPO’s price is €0.07673 EUR in the eurozone, £0.06679 GBP in the UK, C$0.1255 CAD in Canada, ₹7.98 INR in India, ₨25.33 PKR in Pakistan, R$0.4793 BRL in Brazil, and more.
The most popular COINDEPO currency pair is the COINDEPO to Kuwaiti Dinar(KWD). The price of 1 COINDEPO (COINDEPO) in Kuwaiti Dinar (KWD) is د.ك0.02751.
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