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base info WUKONG

calculator.detail.title

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WUKONG
WUKONG
swap
KWD
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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.

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calculator.compare.title

calculator.compare.exchangecalculator.compare.pricecalculator.compare.maker_feecalculator.compare.tradable
Bitgethot-iconcalculator.compare.best
د.ك0.{12}1010
0.0200% / 0.0320%vip-iconcalculator.compare.vip
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calculator.p2p.trade_and_ratecalculator.p2p.pricecalculator.p2p.amt_limit
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calculator.p2p.trade_and_ratecalculator.p2p.pricecalculator.p2p.amt_limit
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$0
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$2.11K
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0 WUKONG

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coin.current_to_local

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calculator.detail.time_
0.5 WUKONG
د.ك0.{13}5087
1 WUKONG
د.ك0.{12}1017
5 WUKONG
د.ك0.{12}5087
10 WUKONG
د.ك0.{11}1017
50 WUKONG
د.ك0.{11}5087
100 WUKONG
د.ك0.{10}1017
500 WUKONG
د.ك0.{10}5087
1000 WUKONG
د.ك0.{9}1017

coin.current_to_local

coin.amountcalculator.detail.time_
0.5KWD4,914,747,207,475.78  WUKONG
1KWD9,829,494,414,951.55  WUKONG
5KWD49,147,472,074,757.78  WUKONG
10KWD98,294,944,149,515.56  WUKONG
50KWD491,474,720,747,577.75  WUKONG
100KWD982,949,441,495,155.5  WUKONG
500KWD4,914,747,207,475,777  WUKONG
1000KWD9,829,494,414,951,554  WUKONG

calculator.detail.price_24

coin.amountcalculator.detail.time_calculator.detail.price_24_agocalculator.detail.price_24_change
0.5 WUKONG$0.{12}1659$0.{12}1699
-2.38%
1 WUKONG$0.{12}3318$0.{12}3399
-2.38%
5 WUKONG$0.{11}1659$0.{11}1699
-2.38%
10 WUKONG$0.{11}3318$0.{11}3399
-2.38%
50 WUKONG$0.{10}1659$0.{10}1699
-2.38%
100 WUKONG$0.{10}3318$0.{10}3399
-2.38%
500 WUKONG$0.{9}1659$0.{9}1699
-2.38%
1000 WUKONG$0.{9}3318$0.{9}3399
-2.38%

calculator.detail.price_month

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0.5 WUKONG$0.{12}1659$0.{13}7931
+109.19%
1 WUKONG$0.{12}3318$0.{12}1586
+109.19%
5 WUKONG$0.{11}1659$0.{12}7931
+109.19%
10 WUKONG$0.{11}3318$0.{11}1586
+109.19%
50 WUKONG$0.{10}1659$0.{11}7931
+109.19%
100 WUKONG$0.{10}3318$0.{10}1586
+109.19%
500 WUKONG$0.{9}1659$0.{10}7931
+109.19%
1000 WUKONG$0.{9}3318$0.{9}1586
+109.19%

calculator.detail.price_year

coin.amountcalculator.detail.time_calculator.detail.price_year_agocalculator.detail.price_year_change
0.5 WUKONG$0.{12}1659$0.{17}2000
-97.40%
1 WUKONG$0.{12}3318$0.{17}3000
-97.40%
5 WUKONG$0.{11}1659$0.{16}1700
-97.40%
10 WUKONG$0.{11}3318$0.{16}3300
-97.40%
50 WUKONG$0.{10}1659$0.{15}1670
-97.40%
100 WUKONG$0.{10}3318$0.{15}3330
-97.40%
500 WUKONG$0.{9}1659$0.{14}1667
-97.40%
1000 WUKONG$0.{9}3318$0.{14}3334
-97.40%

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