$SPONGE
KWD
Last updated 2023/09/01 02:23:05 (UTC+0)Refresh
Want to display this on your website?Bitget converter offers real-time exchange rates, allowing for easy conversion of Sponge($SPONGE) to Kuwaiti Dinar(KWD). This is the real-time data. The current conversion shows 1 $SPONGE at a value of 1 $SPONGE for 0.00 KWD . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.
KWD 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.
Bitget crypto-to-fiat exchange data shows that the most popular Sponge currency pair is the $SPONGE to KWD, with for Sponge's currency code being $SPONGE. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for KWD.
$SPONGE to KWD conversion rate trend
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In the past 1D, Sponge has changed +5.56% to KWD. Based on the trend and price charts, Sponge($SPONGE) has changed +5.56% to KWD while Kuwaiti Dinar(KWD) has changed % to $SPONGE in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | د.ك0.0002272 | 0.0200% / 0.0320%  VIP 7 | |
Gate.io | د.ك0.0002320 | 0.1000% / 0.1000% | Yes |
Last updated 2024/02/09 08:00:22(UTC+0)
How to buy Sponge
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Buy Sponge ($SPONGE)
Use a variety of payment options to buy Sponge on Bitget. We'll show you how.
Learn MoreBuy $SPONGE (or USDT) for KWD (Kuwaiti Dinar) offers
Bitget P2P trading does not currently support direct buying of $SPONGE with KWD. However, you can buy USDT in Bitget P2P trading first, and then buy $SPONGE with USDT via Bitget spot market.
| Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
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Sell $SPONGE (or USDT) for KWD (Kuwaiti Dinar) offers
Bitget P2P trading currently does not support direct selling of $SPONGE to KWD. However, you can first exchange $SPONGE for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
| Merchants (trades/completion rate) | Price | Amount/limit High to low | Payment methods | Zero fees Action |
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What factors influence the conversion rate of Sponge to Kuwaiti Dinar?
Sponge to Kuwaiti Dinar is falling this week.Sponge's current market price is د.ك 0.{4}4247 per $SPONGE, with a total market cap of د.ك 0 KWD based on a circulating supply of -- $SPONGE. The trading volume of Sponge has changed by -17.59% (د.ك -1,413.46 KWD) in the last 24 hours. Last trading day, $SPONGE's trading volume was د.ك 8,033.91.
Market cap
$0
24h volume
$21.54K
Circulating supply
0 $SPONGE
Conversion tables
The exchange rate of Sponge is decreasing.1 $SPONGE is currently valued at د.ك 0.{4}4247 KWD , which means buying 5 $SPONGE will cost د.ك 0.0002124 KWD . Similarly, د.ك1 KWD can be traded for 23,544.82 $SPONGE, and د.ك50 KWD can be converted to 1,177,240.96 $SPONGE, excluding any platform or gas fees.
The exchange rate of 1 $SPONGE to Kuwaiti Dinar has changed by -76.27% in the last 7 days. In the last 24 hours, the rate has fluctuated by +5.56%, reaching a high of 0.{4}4290 KWD and a low of 0.{4}3431 KWD . One month ago, the value of 1 $SPONGE was د.ك 0.0001207 KWD , which represents a -64.82% change from its current value. Over the last year, Sponge has changed by , resulting in a change of -63.43% in its value.
-د.ك
0.{4}7368KWD$SPONGE to KWD
Amount
07:31 am today
0.5 $SPONGE
د.ك0.{4}2124
1 $SPONGE
د.ك0.{4}4247
5 $SPONGE
د.ك0.0002124
10 $SPONGE
د.ك0.0004247
50 $SPONGE
د.ك0.002124
100 $SPONGE
د.ك0.004247
500 $SPONGE
د.ك0.02124
1000 $SPONGE
د.ك0.04247
KWD to $SPONGE
Amount07:31 am today
0.5KWD11,772.41 $SPONGE
1KWD23,544.82 $SPONGE
5KWD117,724.1 $SPONGE
10KWD235,448.19 $SPONGE
50KWD1,177,240.96 $SPONGE
100KWD2,354,481.93 $SPONGE
500KWD11,772,409.63 $SPONGE
1000KWD23,544,819.25 $SPONGE
Today vs. 24 hours ago
| Amount | 07:31 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 $SPONGE | $0.{4}6908 | $0.{4}6544 | +5.56% |
| 1 $SPONGE | $0.0001382 | $0.0001309 | +5.56% |
| 5 $SPONGE | $0.0006908 | $0.0006544 | +5.56% |
| 10 $SPONGE | $0.001382 | $0.001309 | +5.56% |
| 50 $SPONGE | $0.006908 | $0.006544 | +5.56% |
| 100 $SPONGE | $0.01382 | $0.01309 | +5.56% |
| 500 $SPONGE | $0.06908 | $0.06544 | +5.56% |
| 1000 $SPONGE | $0.1382 | $0.1309 | +5.56% |
Today vs. 1 month ago
| Amount | 07:31 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 $SPONGE | $0.{4}6908 | $0.0001964 | -64.82% |
| 1 $SPONGE | $0.0001382 | $0.0003927 | -64.82% |
| 5 $SPONGE | $0.0006908 | $0.001964 | -64.82% |
| 10 $SPONGE | $0.001382 | $0.003927 | -64.82% |
| 50 $SPONGE | $0.006908 | $0.01964 | -64.82% |
| 100 $SPONGE | $0.01382 | $0.03927 | -64.82% |
| 500 $SPONGE | $0.06908 | $0.1964 | -64.82% |
| 1000 $SPONGE | $0.1382 | $0.3927 | -64.82% |
Today vs. 1 year ago
| Amount | 07:31 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 $SPONGE | $0.{4}6908 | $0.0001889 | -63.43% |
| 1 $SPONGE | $0.0001382 | $0.0003779 | -63.43% |
| 5 $SPONGE | $0.0006908 | $0.001889 | -63.43% |
| 10 $SPONGE | $0.001382 | $0.003779 | -63.43% |
| 50 $SPONGE | $0.006908 | $0.01889 | -63.43% |
| 100 $SPONGE | $0.01382 | $0.03779 | -63.43% |
| 500 $SPONGE | $0.06908 | $0.1889 | -63.43% |
| 1000 $SPONGE | $0.1382 | $0.3779 | -63.43% |
Sponge price prediction
What will the price of $SPONGE be in 2025?
Based on $SPONGE's historical price performance prediction model, the price of $SPONGE is projected to reach $0.0001353 in 2025.
What will the price of $SPONGE be in 2030?
In 2030, the $SPONGE price is expected to change by -2.00%. By the end of 2030, the $SPONGE price is projected to reach $0.0001551, with a cumulative ROI of +85.08%.
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Popular Sponge conversions
Check out these popular currency conversions of Sponge to several fiat currencies.
Sponge to USD
1 $SPONGE to $ 0.0001382 USD
Sponge to GBP
1 $SPONGE to £ 0.0001090 GBP
Sponge to EUR
1 $SPONGE to € 0.0001305 EUR
Sponge to KRW
1 $SPONGE to ₩ 0.1922 KRW
Sponge to CAD
1 $SPONGE to $ 0.0001937 CAD
Sponge to AUD
1 $SPONGE to $ 0.0002121 AUD
Sponge to JPY
1 $SPONGE to ¥ 0.02135 JPY
Sponge to BRL
1 $SPONGE to R$ 0.0007942 BRL
Sponge to CNY
1 $SPONGE to ¥ 0.001000 CNY
Sponge to TWD
1 $SPONGE to NT$ 0.004476 TWD
Popular cryptocurrencies to KWD
Explore other cryptocurrencies based on your interest in Sponge.
XRP to KWD
1 XRP to د.ك 0.3427 KWD
deadstag to KWD
1 DSTAG to د.ك -- KWD
Solana to KWD
1 SOL to د.ك 74.88 KWD
EGO to KWD
1 EGO to د.ك 0.007205 KWD
Hedera to KWD
1 HBAR to د.ك 0.04356 KWD
Bitcoin to KWD
1 BTC to د.ك 28,224.72 KWD
Raydium to KWD
1 RAY to د.ك 1.79 KWD
Pepe to KWD
1 PEPE to د.ك 0.{5}6196 KWD
Peanut the Squirrel to KWD
1 PNUT to د.ك 0.5105 KWD
Dogecoin to KWD
1 DOGE to د.ك 0.1198 KWD
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FAQ
What is a cryptocurrency calculator?
A cryptocurrency calculator enables users to convert various digital currencies into different world currencies according to the current exchange rate.
How does a cryptocurrency calculator work?
A cryptocurrency calculator fetches real-time values from digital currency exchange markets to convert between Sponge and KWD.
How accurate is a cryptocurrency calculator?
Cryptocurrency calculators are generally highly accurate as they track real-time data from cryptocurrency markets, such as Sponge and KWD. However, due to the high volatility of the cryptocurrency market, rates can fluctuate rapidly.
Can I trust the results of a cryptocurrency calculator?
While cryptocurrency calculators can provide a good starting point, remember that there might be slight differences in real-time trading due to factors such as time delay and trading platform discrepancies.
Can I use a cryptocurrency calculator for tax purposes?
Cryptocurrency calculators are useful for tax information, like coin values at given times. However, it's better to use tax-specific software or a professional for accurate reporting. Bitget Academy is a useful guide for cryptocurrency taxes, covering tax procedures, crypto transactions, effective planning, and different tax tools. Bitget prioritizes user experience, especially in optimizing tax management. With Advanced API and collaborations like Koinly, Bitget provides a smart, accessible platform for cryptocurrency trade and tax responsibilities.
Can a cryptocurrency calculator be used to convert one type of cryptocurrency to another?
If you want to know the value of Sponge in KWD, cryptocurrency calculators can help you. But if you want to compare the worth of two different cryptocurrencies, you can use Bitget Convert. This tool simplifies the process of cryptocurrency conversion by allowing you to avoid multiple transactions or frequent transfers between wallets and exchanges. With Bitget Convert, you can seamlessly convert your cryptocurrencies in a user-friendly way.
This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Bitget to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Bitget exchange as well as other cryptocurrency exchanges and market data platforms. Bitget may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Bitget is not liable for any errors or delays in content or for any actions taken in reliance on any content.
