GYEN to KWD Converter and calculator


Conversion rates
Convert GYEN to KWD
Convert KWD to GYEN
GYEN to KWD chart
GYEN to KWD conversion data: Volatility and price changes of GYEN in KWD
| Last 24 hours | Last 7 days | Last 30 days | Last 90 days | |
|---|---|---|---|---|
High | 0.002086 KWD | 0.002095 KWD | 0.002576 KWD | 0.002663 KWD |
Low | 0.001795 KWD | 0.001795 KWD | 0.001349 KWD | 0.001077 KWD |
Average | 0 KWD | 0 KWD | 0 KWD | 0 KWD |
Volatility | % | % | % | % |
Change | -11.98% | -6.59% | -4.59% | -9.69% |
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GYEN information
GYEN to KWD market statistics
Current GYEN to KWD exchange rate
GYEN to Kuwaiti Dinar is falling this week.More info about GYEN 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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GYEN to KWD Conversion tables
| Amount | 02:20 am today | 24 hours ago | 24h change |
|---|---|---|---|
0.5 GYEN | د.ك0.0009046 | د.ك0.001028 | -11.98% |
1 GYEN | د.ك0.001809 | د.ك0.002056 | -11.98% |
5 GYEN | د.ك0.009046 | د.ك0.01028 | -11.98% |
10 GYEN | د.ك0.01809 | د.ك0.02056 | -11.98% |
50 GYEN | د.ك0.09046 | د.ك0.1028 | -11.98% |
100 GYEN | د.ك0.1809 | د.ك0.2056 | -11.98% |
500 GYEN | د.ك0.9046 | د.ك1.03 | -11.98% |
1000 GYEN | د.ك1.81 | د.ك2.06 | -11.98% |
GYEN to KWD FAQ
What factors influence the conversion rate of GYEN to KWD?
Popular exchange rates — Crypto-to-Fiat converter
The price of GYEN in the US is $0.005903 USD. Additionally, GYEN’s price is €0.005068 EUR in the eurozone, £0.004427 GBP in the UK, C$0.008252 CAD in Canada, ₹0.5185 INR in India, ₨1.67 PKR in Pakistan, R$0.03182 BRL in Brazil, and more.
The most popular GYEN currency pair is the GYEN to Kuwaiti Dinar(KWD). The price of 1 GYEN (GYEN) in Kuwaiti Dinar (KWD) is د.ك0.001809.
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