SHRIMP to KWD Converter and calculator


Conversion rates
Convert SHRIMP to KWD
Convert KWD to SHRIMP
SHRIMP to KWD chart
SHRIMP to KWD conversion data: Volatility and price changes of Shrimp Paste in KWD
| Last 24 hours | Last 7 days | Last 30 days | Last 90 days | |
|---|---|---|---|---|
High | 0.{4}1648 KWD | 0.{4}1648 KWD | 0.{4}2376 KWD | 0.{4}5310 KWD |
Low | 0.{4}1636 KWD | 0.{4}1581 KWD | 0.{4}1566 KWD | 0.{4}1245 KWD |
Average | 0 KWD | 0 KWD | 0 KWD | 0 KWD |
Volatility | % | % | % | % |
Change | +0.74% | +4.19% | -17.66% | +0.65% |
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| Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
|---|
Shrimp Paste information
SHRIMP to KWD market statistics
Current SHRIMP to KWD exchange rate
Shrimp Paste to Kuwaiti Dinar is rising this week.More info about Shrimp Paste 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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SHRIMP to KWD Conversion tables
| Amount | 16:24 today | 24 hours ago | 24h change |
|---|---|---|---|
0.5 SHRIMP | د.ك0.{5}8239 | د.ك0.{5}8178 | +0.74% |
1 SHRIMP | د.ك0.{4}1648 | د.ك0.{4}1636 | +0.74% |
5 SHRIMP | د.ك0.{4}8239 | د.ك0.{4}8178 | +0.74% |
10 SHRIMP | د.ك0.0001648 | د.ك0.0001636 | +0.74% |
50 SHRIMP | د.ك0.0008239 | د.ك0.0008178 | +0.74% |
100 SHRIMP | د.ك0.001648 | د.ك0.001636 | +0.74% |
500 SHRIMP | د.ك0.008239 | د.ك0.008178 | +0.74% |
1000 SHRIMP | د.ك0.01648 | د.ك0.01636 | +0.74% |
SHRIMP to KWD FAQ
What factors influence the conversion rate of SHRIMP to KWD?
Popular exchange rates — Crypto-to-Fiat converter
The price of Shrimp Paste in the US is $0.{4}5367 USD. Additionally, Shrimp Paste’s price is €0.{4}4624 EUR in the eurozone, £0.{4}4008 GBP in the UK, C$0.{4}7512 CAD in Canada, ₹0.004715 INR in India, ₨0.01519 PKR in Pakistan, R$0.0002893 BRL in Brazil, and more.
The most popular Shrimp Paste currency pair is the SHRIMP to Kuwaiti Dinar(KWD). The price of 1 Shrimp Paste (SHRIMP) in Kuwaiti Dinar (KWD) is د.ك0.{4}1648.
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