ABDS to KWD Converter and calculator


Conversion rates
Convert ABDS to KWD
Convert KWD to ABDS
ABDS to KWD chart
ABDS to KWD conversion data: Volatility and price changes of ABDS Token in KWD
Last 24 hours | Last 7 days | Last 30 days | Last 90 days | |
---|---|---|---|---|
High | 0.0004229 KWD | 0.0004376 KWD | 0.0006161 KWD | 0.01512 KWD |
Low | 0.0004229 KWD | 0.0004068 KWD | 0.0003362 KWD | 0.0003362 KWD |
Average | 0 KWD | 0 KWD | 0 KWD | 0 KWD |
Volatility | % | % | % | % |
Change | +1.20% | +3.95% | -27.87% | -54.51% |
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Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
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ABDS Token information
ABDS to KWD market statistics
Current ABDS to KWD exchange rate
ABDS Token to Kuwaiti Dinar is rising this week.More info about ABDS Token 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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ABDS to KWD Conversion tables
Amount | 16:34 today | 24 hours ago | 24h change |
---|---|---|---|
0.5 ABDS | د.ك0.0002114 | د.ك0.0002089 | +1.20% |
1 ABDS | د.ك0.0004229 | د.ك0.0004179 | +1.20% |
5 ABDS | د.ك0.002114 | د.ك0.002089 | +1.20% |
10 ABDS | د.ك0.004229 | د.ك0.004179 | +1.20% |
50 ABDS | د.ك0.02114 | د.ك0.02089 | +1.20% |
100 ABDS | د.ك0.04229 | د.ك0.04179 | +1.20% |
500 ABDS | د.ك0.2114 | د.ك0.2089 | +1.20% |
1000 ABDS | د.ك0.4229 | د.ك0.4179 | +1.20% |
ABDS to KWD FAQ
What factors influence the conversion rate of ABDS to KWD?
Popular exchange rates — Crypto-to-Fiat converter
The price of ABDS Token in the US is $0.001384 USD. Additionally, ABDS Token’s price is €0.001195 EUR in the eurozone, £0.001040 GBP in the UK, C$0.001907 CAD in Canada, ₹0.1215 INR in India, ₨0.3926 PKR in Pakistan, R$0.007623 BRL in Brazil, and more.
The most popular ABDS Token currency pair is the ABDS to Kuwaiti Dinar(KWD). The price of 1 ABDS Token (ABDS) in Kuwaiti Dinar (KWD) is د.ك0.0004229.
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