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base info PAW

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PAW
PAW
swap
KWD
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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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calculator.compare.exchangecalculator.compare.pricecalculator.compare.maker_feecalculator.compare.tradable
Bitgethot-iconcalculator.compare.best
د.ك0.{8}6135
0.0200% / 0.0320%vip-iconcalculator.compare.vip
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$0
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$29.92920061
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0 PAW

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0.5 PAW
د.ك0.{8}3068
1 PAW
د.ك0.{8}6135
5 PAW
د.ك0.{7}3068
10 PAW
د.ك0.{7}6135
50 PAW
د.ك0.{6}3068
100 PAW
د.ك0.{6}6135
500 PAW
د.ك0.{5}3068
1000 PAW
د.ك0.{5}6135

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0.5KWD81,496,732.29  PAW
1KWD162,993,464.58  PAW
5KWD814,967,322.9  PAW
10KWD1,629,934,645.79  PAW
50KWD8,149,673,228.95  PAW
100KWD16,299,346,457.91  PAW
500KWD81,496,732,289.53  PAW
1000KWD162,993,464,579.07  PAW

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0.5 PAW$0.{7}1001$0.{7}5496
-59.99%
1 PAW$0.{7}2001$0.{6}1099
-59.99%
5 PAW$0.{6}1001$0.{6}5496
-59.99%
10 PAW$0.{6}2001$0.{5}1099
-59.99%
50 PAW$0.{5}1001$0.{5}5496
-59.99%
100 PAW$0.{5}2001$0.{4}1099
-59.99%
500 PAW$0.{4}1001$0.{4}5496
-59.99%
1000 PAW$0.{4}2001$0.0001099
-59.99%

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0.5 PAW$0.{7}1001$0.{7}2503
-33.38%
1 PAW$0.{7}2001$0.{7}5005
-33.38%
5 PAW$0.{6}1001$0.{6}2503
-33.38%
10 PAW$0.{6}2001$0.{6}5005
-33.38%
50 PAW$0.{5}1001$0.{5}2503
-33.38%
100 PAW$0.{5}2001$0.{5}5005
-33.38%
500 PAW$0.{4}1001$0.{4}2503
-33.38%
1000 PAW$0.{4}2001$0.{4}5005
-33.38%

calculator.detail.price_year

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0.5 PAW$0.{7}1001$0.{7}5503
-60.03%
1 PAW$0.{7}2001$0.{6}1101
-60.03%
5 PAW$0.{6}1001$0.{6}5503
-60.03%
10 PAW$0.{6}2001$0.{5}1101
-60.03%
50 PAW$0.{5}1001$0.{5}5503
-60.03%
100 PAW$0.{5}2001$0.{4}1101
-60.03%
500 PAW$0.{4}1001$0.{4}5503
-60.03%
1000 PAW$0.{4}2001$0.0001101
-60.03%

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