DEGEX to KWD Converter and calculator


Conversion rates
Convert DEGEX to KWD
Convert KWD to DEGEX
DEGEX to KWD chart
DEGEX to KWD conversion data: Volatility and price changes of Degen Express in KWD
Last 24 hours | Last 7 days | Last 30 days | Last 90 days | |
---|---|---|---|---|
High | 0.{5}3009 KWD | 0.{5}3009 KWD | 0.{5}5234 KWD | 0.{5}5420 KWD |
Low | 0.{5}2721 KWD | 0.{5}2602 KWD | 0.{5}2602 KWD | 0.{5}1447 KWD |
Average | 0 KWD | 0 KWD | 0 KWD | 0 KWD |
Volatility | % | % | % | % |
Change | +10.60% | +4.79% | -6.97% | +103.90% |
Degen Express information
DEGEX to KWD market statistics
Current DEGEX to KWD exchange rate
Degen Express to Kuwaiti Dinar is rising this week.More info about Degen Express 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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DEGEX to KWD Conversion tables
Amount | 04:11 am today | 24 hours ago | 24h change |
---|---|---|---|
0.5 DEGEX | د.ك0.{5}1483 | د.ك0.{5}1338 | +10.60% |
1 DEGEX | د.ك0.{5}2965 | د.ك0.{5}2677 | +10.60% |
5 DEGEX | د.ك0.{4}1483 | د.ك0.{4}1338 | +10.60% |
10 DEGEX | د.ك0.{4}2965 | د.ك0.{4}2677 | +10.60% |
50 DEGEX | د.ك0.0001483 | د.ك0.0001338 | +10.60% |
100 DEGEX | د.ك0.0002965 | د.ك0.0002677 | +10.60% |
500 DEGEX | د.ك0.001483 | د.ك0.001338 | +10.60% |
1000 DEGEX | د.ك0.002965 | د.ك0.002677 | +10.60% |
DEGEX to KWD FAQ
What factors influence the conversion rate of DEGEX to KWD?
Popular exchange rates — Crypto-to-Fiat converter
The price of Degen Express in the US is $0.{5}9684 USD. Additionally, Degen Express’s price is €0.{5}8384 EUR in the eurozone, £0.{5}7138 GBP in the UK, C$0.{4}1316 CAD in Canada, ₹0.0008340 INR in India, ₨0.002740 PKR in Pakistan, R$0.{4}5373 BRL in Brazil, and more.
The most popular Degen Express currency pair is the DEGEX to Kuwaiti Dinar(KWD). The price of 1 Degen Express (DEGEX) in Kuwaiti Dinar (KWD) is د.ك0.{5}2965.
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