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GMX to Kuwaiti Dinar Converter and calculator

Convert 1GMX (GMX) to Kuwaiti Dinar (KWD) equals د.ك 7.78 | Bitget
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Last updated 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter offers real-time exchange rates, allowing for easy conversion of GMX(GMX) to Kuwaiti Dinar(KWD). This is the real-time data. The current conversion shows 1 GMX at a value of 1 GMX for 7.78 KWD . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.

KWD 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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Bitget crypto-to-fiat exchange data shows that the most popular GMX currency pair is the GMX to KWD, with for GMX's currency code being GMX. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for KWD.

GMX to KWD conversion rate trend

1D7D1M3M1YAll
In the past 1D, GMX has changed -9.45% to KWD. Based on the trend and price charts, GMX(GMX) has changed -9.45% to KWD while Kuwaiti Dinar(KWD) has changed % to GMX in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
د.ك8.26
0.0200% / 0.0320%vip-iconVIP 7
Binance
د.ك8.25
0.1000% / 0.1000%
Yes
OKX
د.ك8.26
0.080% / 0.100%
Yes
Huobi
د.ك8.23
0.1000% / 0.1000%
Yes
Gate.io
د.ك8.31
0.1000% / 0.1000%
Yes
Bybit
د.ك8.24
0.1000% / 0.1000%
Yes
KuCoin
د.ك8.2
0.1000% / 0.1000%
Yes
Last updated 2024/11/13 00:00:24(UTC+0)

How to buy GMX

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Sign up on Bitget with your email address/mobile phone number and create a strong password to secure your account.
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Verify your identity by entering your personal information and uploading a valid photo ID.
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Buy GMX (GMX)
Use a variety of payment options to buy GMX on Bitget. We'll show you how.

Buy GMX (or USDT) for KWD (Kuwaiti Dinar) offers

Bitget P2P trading does not currently support direct buying of GMX with KWD. However, you can buy USDT in Bitget P2P trading first, and then buy GMX with USDT via Bitget spot market.
Merchants (trades/completion rate)PriceAmount/limit
Low to high
Payment methods
Zero fees
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Sell GMX (or USDT) for KWD (Kuwaiti Dinar) offers

Bitget P2P trading currently does not support direct selling of GMX to KWD. However, you can first exchange GMX for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
Merchants (trades/completion rate)PriceAmount/limit
High to low
Payment methods
Zero fees
Action
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What factors influence the conversion rate of GMX to Kuwaiti Dinar?

GMX to Kuwaiti Dinar is rising this week.
GMX's current market price is د.ك 7.78 per GMX, with a total market cap of د.ك 76,376,251.47 KWD based on a circulating supply of 9,819,435 GMX. The trading volume of GMX has changed by 0.00% (د.ك -163.20 KWD) in the last 24 hours. Last trading day, GMX's trading volume was د.ك 8,589,410.76.
Market cap
$248.38M
24h volume
$27.93M
Circulating supply
9.82M GMX

Conversion tables

The exchange rate of GMX is increasing.
1 GMX is currently valued at د.ك 7.78 KWD , which means buying 5 GMX will cost د.ك 38.89 KWD . Similarly, د.ك1 KWD can be traded for 0.1286 GMX, and د.ك50 KWD can be converted to 6.43 GMX, excluding any platform or gas fees.
The exchange rate of 1 GMX to Kuwaiti Dinar has changed by +12.80% in the last 7 days. In the last 24 hours, the rate has fluctuated by -9.45%, reaching a high of 8.89 KWD and a low of 7.67 KWD . One month ago, the value of 1 GMX was د.ك 6.75 KWD , which represents a +15.17% change from its current value. Over the last year, GMX has changed by
-د.ك
8.61KWD
, resulting in a change of -52.54% in its value.

GMX to KWD

Amount
06:31 am today
0.5 GMX
د.ك3.89
1 GMX
د.ك7.78
5 GMX
د.ك38.89
10 GMX
د.ك77.78
50 GMX
د.ك388.9
100 GMX
د.ك777.81
500 GMX
د.ك3,889.04
1000 GMX
د.ك7,778.07

KWD to GMX

Amount06:31 am today
0.5KWD0.06428  GMX
1KWD0.1286  GMX
5KWD0.6428  GMX
10KWD1.29  GMX
50KWD6.43  GMX
100KWD12.86  GMX
500KWD64.28  GMX
1000KWD128.57  GMX

Today vs. 24 hours ago

Amount06:31 am today24 hours ago24h change
0.5 GMX$12.65$13.97
-9.45%
1 GMX$25.29$27.93
-9.45%
5 GMX$126.47$139.67
-9.45%
10 GMX$252.95$279.34
-9.45%
50 GMX$1,264.73$1,396.68
-9.45%
100 GMX$2,529.45$2,793.35
-9.45%
500 GMX$12,647.27$13,966.76
-9.45%
1000 GMX$25,294.54$27,933.52
-9.45%

Today vs. 1 month ago

Amount06:31 am today1 month ago1M change
0.5 GMX$12.65$10.98
+15.17%
1 GMX$25.29$21.96
+15.17%
5 GMX$126.47$109.81
+15.17%
10 GMX$252.95$219.62
+15.17%
50 GMX$1,264.73$1,098.11
+15.17%
100 GMX$2,529.45$2,196.23
+15.17%
500 GMX$12,647.27$10,981.15
+15.17%
1000 GMX$25,294.54$21,962.29
+15.17%

Today vs. 1 year ago

Amount06:31 am today1 year ago1Y change
0.5 GMX$12.65$26.65
-52.54%
1 GMX$25.29$53.3
-52.54%
5 GMX$126.47$266.48
-52.54%
10 GMX$252.95$532.96
-52.54%
50 GMX$1,264.73$2,664.81
-52.54%
100 GMX$2,529.45$5,329.62
-52.54%
500 GMX$12,647.27$26,648.08
-52.54%
1000 GMX$25,294.54$53,296.17
-52.54%

GMX price prediction

What will the price of GMX be in 2025?

Based on GMX's historical price performance prediction model, the price of GMX is projected to reach $48.88 in 2025.

What will the price of GMX be in 2030?

In 2030, the GMX price is expected to change by -7.00%. By the end of 2030, the GMX price is projected to reach $72.64, with a cumulative ROI of +174.92%.

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FAQ

What is a cryptocurrency calculator?

A cryptocurrency calculator enables users to convert various digital currencies into different world currencies according to the current exchange rate.

How does a cryptocurrency calculator work?

A cryptocurrency calculator fetches real-time values from digital currency exchange markets to convert between GMX and KWD.

How accurate is a cryptocurrency calculator?

Cryptocurrency calculators are generally highly accurate as they track real-time data from cryptocurrency markets, such as GMX and KWD. However, due to the high volatility of the cryptocurrency market, rates can fluctuate rapidly.

Can I trust the results of a cryptocurrency calculator?

While cryptocurrency calculators can provide a good starting point, remember that there might be slight differences in real-time trading due to factors such as time delay and trading platform discrepancies.

Can I use a cryptocurrency calculator for tax purposes?

Cryptocurrency calculators are useful for tax information, like coin values at given times. However, it's better to use tax-specific software or a professional for accurate reporting. Bitget Academy is a useful guide for cryptocurrency taxes, covering tax procedures, crypto transactions, effective planning, and different tax tools. Bitget prioritizes user experience, especially in optimizing tax management. With Advanced API and collaborations like Koinly, Bitget provides a smart, accessible platform for cryptocurrency trade and tax responsibilities.

Can a cryptocurrency calculator be used to convert one type of cryptocurrency to another?

If you want to know the value of GMX in KWD, cryptocurrency calculators can help you. But if you want to compare the worth of two different cryptocurrencies, you can use Bitget Convert. This tool simplifies the process of cryptocurrency conversion by allowing you to avoid multiple transactions or frequent transfers between wallets and exchanges. With Bitget Convert, you can seamlessly convert your cryptocurrencies in a user-friendly way.
This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Bitget to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Bitget exchange as well as other cryptocurrency exchanges and market data platforms. Bitget may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Bitget is not liable for any errors or delays in content or for any actions taken in reliance on any content.