DAT to KWD Converter and calculator

Conversion rates
Convert DAT to KWD
Convert KWD to DAT
DAT to KWD chart
DAT to KWD conversion data: Volatility and price changes of Dumb Ass Treasury in KWD
Last 24 hours | Last 7 days | Last 30 days | Last 90 days | |
---|---|---|---|---|
High | 0.0003932 KWD | -- KWD | -- KWD | -- KWD |
Low | 0.0003179 KWD | -- KWD | -- KWD | -- KWD |
Average | 0 KWD | 0 KWD | 0 KWD | 0 KWD |
Volatility | % | % | % | % |
Change | +140.99% | -- | -- | -- |
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Dumb Ass Treasury information
DAT to KWD market statistics
Current DAT to KWD exchange rate
Dumb Ass Treasury to Kuwaiti Dinar is falling this week.More info about Dumb Ass Treasury 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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DAT to KWD Conversion tables
Amount | 22:03 today | 24 hours ago | 24h change |
---|---|---|---|
0.5 DAT | د.ك0.0001966 | د.ك-- | +140.99% |
1 DAT | د.ك0.0003932 | د.ك-- | +140.99% |
5 DAT | د.ك0.001966 | د.ك-- | +140.99% |
10 DAT | د.ك0.003932 | د.ك-- | +140.99% |
50 DAT | د.ك0.01966 | د.ك-- | +140.99% |
100 DAT | د.ك0.03932 | د.ك-- | +140.99% |
500 DAT | د.ك0.1966 | د.ك-- | +140.99% |
1000 DAT | د.ك0.3932 | د.ك-- | +140.99% |
DAT to KWD FAQ
What factors influence the conversion rate of DAT to KWD?
Popular exchange rates — Crypto-to-Fiat converter
The price of Dumb Ass Treasury in the US is $0.001288 USD. Additionally, Dumb Ass Treasury’s price is €0.001097 EUR in the eurozone, £0.0009491 GBP in the UK, C$0.001782 CAD in Canada, ₹0.1137 INR in India, ₨0.3626 PKR in Pakistan, R$0.006890 BRL in Brazil, and more.
The most popular Dumb Ass Treasury currency pair is the DAT to Kuwaiti Dinar(KWD). The price of 1 Dumb Ass Treasury (DAT) in Kuwaiti Dinar (KWD) is د.ك0.0003932.
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