ROOT
KWD
Last updated 2023/09/01 02:23:05 (UTC+0)Refresh
Want to display this on your website?Bitget converter offers real-time exchange rates, allowing for easy conversion of The Root Network(ROOT) to Kuwaiti Dinar(KWD). This is the real-time data. The current conversion shows 1 ROOT at a value of 1 ROOT for 0.01 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.
Bitget crypto-to-fiat exchange data shows that the most popular The Root Network currency pair is the ROOT to KWD, with for The Root Network's currency code being ROOT. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for KWD.
ROOT to KWD conversion rate trend
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In the past 1D, The Root Network has changed +10.08% to KWD. Based on the trend and price charts, The Root Network(ROOT) has changed +10.08% to KWD while Kuwaiti Dinar(KWD) has changed % to ROOT in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | د.ك0.007174 | 0.0200% / 0.0320%  VIP 7 | |
Huobi | د.ك0.007119 | 0.1000% / 0.1000% | Yes |
Gate.io | د.ك0.007128 | 0.1000% / 0.1000% | Yes |
Bybit | د.ك0.007112 | 0.1000% / 0.1000% | Yes |
KuCoin | د.ك0.007141 | 0.1000% / 0.1000% | Yes |
Last updated 2024/11/08 08:00:15(UTC+0)
How to buy The Root Network
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Verify your identity by entering your personal information and uploading a valid photo ID.
Buy The Root Network (ROOT)
Use a variety of payment options to buy The Root Network on Bitget. We'll show you how.
Learn MoreBuy ROOT (or USDT) for KWD (Kuwaiti Dinar) offers
Bitget P2P trading does not currently support direct buying of ROOT with KWD. However, you can buy USDT in Bitget P2P trading first, and then buy ROOT with USDT via Bitget spot market.
| Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
|---|
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Sell ROOT (or USDT) for KWD (Kuwaiti Dinar) offers
Bitget P2P trading currently does not support direct selling of ROOT to KWD. However, you can first exchange ROOT for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
| Merchants (trades/completion rate) | Price | Amount/limit High to low | Payment methods | Zero fees Action |
|---|
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What factors influence the conversion rate of The Root Network to Kuwaiti Dinar?
The Root Network to Kuwaiti Dinar is rising this week.The Root Network's current market price is د.ك 0.007151 per ROOT, with a total market cap of د.ك 10,346,113.44 KWD based on a circulating supply of 1,446,820,500 ROOT. The trading volume of The Root Network has changed by -20.67% (د.ك -327,689.35 KWD) in the last 24 hours. Last trading day, ROOT's trading volume was د.ك 1,585,115.52.
Market cap
$33.74M
24h volume
$4.10M
Circulating supply
1.45B ROOT
Conversion tables
The exchange rate of The Root Network is increasing.1 ROOT is currently valued at د.ك 0.007151 KWD , which means buying 5 ROOT will cost د.ك 0.03575 KWD . Similarly, د.ك1 KWD can be traded for 139.84 ROOT, and د.ك50 KWD can be converted to 6,992.1 ROOT, excluding any platform or gas fees.
The exchange rate of 1 ROOT to Kuwaiti Dinar has changed by +33.70% in the last 7 days. In the last 24 hours, the rate has fluctuated by +10.08%, reaching a high of 0.007323 KWD and a low of 0.006305 KWD . One month ago, the value of 1 ROOT was د.ك 0.006128 KWD , which represents a +16.69% change from its current value. Over the last year, The Root Network has changed by , resulting in a change of -48.16% in its value.
+د.ك
0.007151KWDROOT to KWD
Amount
08:46 am today
0.5 ROOT
د.ك0.003575
1 ROOT
د.ك0.007151
5 ROOT
د.ك0.03575
10 ROOT
د.ك0.07151
50 ROOT
د.ك0.3575
100 ROOT
د.ك0.7151
500 ROOT
د.ك3.58
1000 ROOT
د.ك7.15
KWD to ROOT
Amount08:46 am today
0.5KWD69.92 ROOT
1KWD139.84 ROOT
5KWD699.21 ROOT
10KWD1,398.42 ROOT
50KWD6,992.1 ROOT
100KWD13,984.19 ROOT
500KWD69,920.96 ROOT
1000KWD139,841.93 ROOT
Today vs. 24 hours ago
| Amount | 08:46 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 ROOT | $0.01166 | $0.01059 | +10.08% |
| 1 ROOT | $0.02332 | $0.02119 | +10.08% |
| 5 ROOT | $0.1166 | $0.1059 | +10.08% |
| 10 ROOT | $0.2332 | $0.2119 | +10.08% |
| 50 ROOT | $1.17 | $1.06 | +10.08% |
| 100 ROOT | $2.33 | $2.12 | +10.08% |
| 500 ROOT | $11.66 | $10.59 | +10.08% |
| 1000 ROOT | $23.32 | $21.19 | +10.08% |
Today vs. 1 month ago
| Amount | 08:46 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 ROOT | $0.01166 | $0.009993 | +16.69% |
| 1 ROOT | $0.02332 | $0.01999 | +16.69% |
| 5 ROOT | $0.1166 | $0.09993 | +16.69% |
| 10 ROOT | $0.2332 | $0.1999 | +16.69% |
| 50 ROOT | $1.17 | $0.9993 | +16.69% |
| 100 ROOT | $2.33 | $2 | +16.69% |
| 500 ROOT | $11.66 | $9.99 | +16.69% |
| 1000 ROOT | $23.32 | $19.99 | +16.69% |
Today vs. 1 year ago
| Amount | 08:46 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 ROOT | $0.01166 | $-0.{6}6417 | -48.16% |
| 1 ROOT | $0.02332 | $-0.{5}1283 | -48.16% |
| 5 ROOT | $0.1166 | $-0.{5}6417 | -48.16% |
| 10 ROOT | $0.2332 | $-0.{4}1283 | -48.16% |
| 50 ROOT | $1.17 | $-0.{4}6417 | -48.16% |
| 100 ROOT | $2.33 | $-0.0001283 | -48.16% |
| 500 ROOT | $11.66 | $-0.0006417 | -48.16% |
| 1000 ROOT | $23.32 | $-0.001283 | -48.16% |
The Root Network price prediction
What will the price of ROOT be in 2025?
Based on ROOT's historical price performance prediction model, the price of ROOT is projected to reach $0.03576 in 2025.
What will the price of ROOT be in 2030?
In 2030, the ROOT price is expected to change by -7.00%. By the end of 2030, the ROOT price is projected to reach $0.05372, with a cumulative ROI of +140.20%.
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Popular The Root Network conversions
Check out these popular currency conversions of The Root Network to several fiat currencies.
The Root Network to USD
1 ROOT to $ 0.02332 USD
The Root Network to GBP
1 ROOT to £ 0.01798 GBP
The Root Network to EUR
1 ROOT to € 0.02164 EUR
The Root Network to KRW
1 ROOT to ₩ 32.34 KRW
The Root Network to CAD
1 ROOT to $ 0.03238 CAD
The Root Network to AUD
1 ROOT to $ 0.03504 AUD
The Root Network to JPY
1 ROOT to ¥ 3.56 JPY
The Root Network to BRL
1 ROOT to R$ 0.1328 BRL
The Root Network to CNY
1 ROOT to ¥ 0.1669 CNY
The Root Network to TWD
1 ROOT to NT$ 0.7487 TWD
Popular cryptocurrencies to KWD
Explore other cryptocurrencies based on your interest in The Root Network.
Bitcoin to KWD
1 BTC to د.ك 23,263.99 KWD
The dev is an Ape to KWD
1 APEDEV to د.ك -- KWD
PepeCoin to KWD
1 PEPECOIN to د.ك 1 KWD
SUNDOG to KWD
1 SUNDOG to د.ك 0.04360 KWD
Solana to KWD
1 SOL to د.ك 61.26 KWD
Ethereum to KWD
1 ETH to د.ك 890.19 KWD
Pepe to KWD
1 PEPE to د.ك 0.{5}3280 KWD
Swell Network to KWD
1 SWELL to د.ك 0.01436 KWD
Sui to KWD
1 SUI to د.ك 0.6990 KWD
Meson Network to KWD
1 MSN to د.ك -- KWD
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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 The Root Network 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 The Root Network 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 The Root Network 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.
