Bitget App
common_footer.down_desc
common_header.buy_cryptocommon_header.marketscommon_header.tradecommon_header.futurescommon_header.social_tradingcommon_header.grid_tradingcommon_header.earn
base info Creaticles

calculator.detail.title

calculator.detail.title_des
CRE8
CRE8
swap
KWD
coin.update_time (UTC+0)calculator.common.refreshrefresh
widget.page_site
calculator.detail.computed_des

calculator.fiat.title

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.

coin.about_expand
calculator.fiat.text_2

calculator.detail.trend

1D7D1M3M1YAll
calculator.detail.trend_des

calculator.compare.title

calculator.compare.exchangecalculator.compare.pricecalculator.compare.maker_feecalculator.compare.tradable
Bitgethot-iconcalculator.compare.best
د.ك0.0002474
0.0200% / 0.0320%vip-iconcalculator.compare.vip
Gate.io
د.ك0.0002475
0.1000% / 0.1000%
calculator.compare.yes
coin.update_time(UTC+0)

calculator.right.title

buy-coin-step-0-img
calculator.htb.step1_title
calculator.htb.step1_des
buy-coin-step-1-img
calculator.htb.step2_title
calculator.htb.step2_des
buy-coin-step-2-img
calculator.htb.step4_title
calculator.htb.step4_des

calculator.p2p.buy_title

calculator.p2p.buy_desc3
calculator.p2p.trade_and_ratecalculator.p2p.pricecalculator.p2p.amt_limit
calculator.p2p.low_to_high
calculator.p2p.pay_methods
calculator.p2p.fee_tips
calculator.p2p.action
calculator.p2p.no_data

calculator.p2p.sell_title

calculator.p2p.sell_desc4
calculator.p2p.trade_and_ratecalculator.p2p.pricecalculator.p2p.amt_limit
calculator.p2p.high_to_low
calculator.p2p.pay_methods
calculator.p2p.fee_tips
calculator.p2p.action
calculator.p2p.no_data

calculator.detail.affect_title

calculator.detail.affect_down
calculator.detail.affect_today
calculator.detail.affect_market
$63.25K
calculator.detail.affect_valume
$287.29543663
calculator.detail.affect_supply
78.05M CRE8

calculator.detail.conversion_table

calculator.detail.conversion_down
calculator.detail.conversion_des1
calculator.detail.conversion_des2

coin.current_to_local

coin.amount
calculator.detail.time_
0.5 CRE8
د.ك0.0001242
1 CRE8
د.ك0.0002484
5 CRE8
د.ك0.001242
10 CRE8
د.ك0.002484
50 CRE8
د.ك0.01242
100 CRE8
د.ك0.02484
500 CRE8
د.ك0.1242
1000 CRE8
د.ك0.2484

coin.current_to_local

coin.amountcalculator.detail.time_
0.5KWD2,012.61  CRE8
1KWD4,025.21  CRE8
5KWD20,126.05  CRE8
10KWD40,252.11  CRE8
50KWD201,260.54  CRE8
100KWD402,521.08  CRE8
500KWD2,012,605.38  CRE8
1000KWD4,025,210.76  CRE8

calculator.detail.price_24

coin.amountcalculator.detail.time_calculator.detail.price_24_agocalculator.detail.price_24_change
0.5 CRE8$0.0004051$0.0004017
+0.86%
1 CRE8$0.0008103$0.0008033
+0.86%
5 CRE8$0.004051$0.004017
+0.86%
10 CRE8$0.008103$0.008033
+0.86%
50 CRE8$0.04051$0.04017
+0.86%
100 CRE8$0.08103$0.08033
+0.86%
500 CRE8$0.4051$0.4017
+0.86%
1000 CRE8$0.8103$0.8033
+0.86%

calculator.detail.price_month

coin.amountcalculator.detail.time_calculator.detail.price_month_agocalculator.detail.price_month_change
0.5 CRE8$0.0004051$0.0004186
-3.22%
1 CRE8$0.0008103$0.0008373
-3.22%
5 CRE8$0.004051$0.004186
-3.22%
10 CRE8$0.008103$0.008373
-3.22%
50 CRE8$0.04051$0.04186
-3.22%
100 CRE8$0.08103$0.08373
-3.22%
500 CRE8$0.4051$0.4186
-3.22%
1000 CRE8$0.8103$0.8373
-3.22%

calculator.detail.price_year

coin.amountcalculator.detail.time_calculator.detail.price_year_agocalculator.detail.price_year_change
0.5 CRE8$0.0004051$0.0007948
-49.02%
1 CRE8$0.0008103$0.001590
-49.02%
5 CRE8$0.004051$0.007948
-49.02%
10 CRE8$0.008103$0.01590
-49.02%
50 CRE8$0.04051$0.07948
-49.02%
100 CRE8$0.08103$0.1590
-49.02%
500 CRE8$0.4051$0.7948
-49.02%
1000 CRE8$0.8103$1.59
-49.02%

coin.prediction

coin.prediction_question

price_predict.text_introduce

coin.prediction_question

price_predict.prediction_content

calculator.earn.title

calculator.earn.des
calculator.earn.coin

calculator.earn.apr

calculator.earn.action

calculator.p2p.latest_coins_title

calculator.p2p.latest_coins_desc

faq.title

calculator.faq.question1

calculator.faq.answer1

calculator.faq.question2

calculator.faq.answer2

calculator.faq.question3

calculator.faq.answer3

calculator.faq.question4

calculator.faq.answer4

calculator.faq.question5

calculator.faq.answer5

calculator.faq.question6

calculator.faq.answer6
calculator.detail.disclaimers