RAA to KWD Converter and calculator

Conversion rates
Convert RAA to KWD
Convert KWD to RAA
RAA to KWD chart
RAA to KWD conversion data: Volatility and price changes of RAA Vision in KWD
Last 24 hours | Last 7 days | Last 30 days | Last 90 days | |
---|---|---|---|---|
High | 0.004919 KWD | -- KWD | -- KWD | -- KWD |
Low | 0.0003136 KWD | -- KWD | -- KWD | -- KWD |
Average | 0 KWD | 0 KWD | 0 KWD | 0 KWD |
Volatility | % | % | % | % |
Change | -0.46% | -- | -- | -- |
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Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
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RAA Vision information
RAA to KWD market statistics
Current RAA to KWD exchange rate
RAA Vision to Kuwaiti Dinar is falling this week.More info about RAA Vision 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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RAA to KWD Conversion tables
Amount | 23:01 today | 24 hours ago | 24h change |
---|---|---|---|
0.5 RAA | د.ك0.001250 | د.ك-- | -0.46% |
1 RAA | د.ك0.002500 | د.ك-- | -0.46% |
5 RAA | د.ك0.01250 | د.ك-- | -0.46% |
10 RAA | د.ك0.02500 | د.ك-- | -0.46% |
50 RAA | د.ك0.1250 | د.ك-- | -0.46% |
100 RAA | د.ك0.2500 | د.ك-- | -0.46% |
500 RAA | د.ك1.25 | د.ك-- | -0.46% |
1000 RAA | د.ك2.5 | د.ك-- | -0.46% |
RAA to KWD FAQ
What factors influence the conversion rate of RAA to KWD?
Popular exchange rates — Crypto-to-Fiat converter
The price of RAA Vision in the US is $0.008187 USD. Additionally, RAA Vision’s price is €0.006972 EUR in the eurozone, £0.006087 GBP in the UK, C$0.01138 CAD in Canada, ₹0.7268 INR in India, ₨2.32 PKR in Pakistan, R$0.04361 BRL in Brazil, and more.
The most popular RAA Vision currency pair is the RAA to Kuwaiti Dinar(KWD). The price of 1 RAA Vision (RAA) in Kuwaiti Dinar (KWD) is د.ك0.002500.
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