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BITS to KWD Converter and calculator

BITS/KWD: 1 BITS = 0.01452 KWD. The price of converting 1 Bitswift (BITS) to Kuwaiti Dinar (KWD) is 0.01452 KWD today.
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BITS
KWD
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides BITS to KWD real-time exchange rates, making it easy to convert Bitswift (BITS) to Kuwaiti Dinar (KWD). The conversion result is based on real-time data. The conversion result shows that 1 BITS is currently valued at 0.01 KWD. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 BITS is currently valued at 0.01 KWD, which means buying 5 BITS would cost 0.07 KWD. Similarly, د.ك1 KWD can be converted to 68.87 BITS, and د.ك50 KWD can be converted to 344.36 BITS, excluding any platform or gas fees.

Convert BITS to KWD

Convert KWD to BITS

Bitswift
Kuwaiti Dinar
10000 BITS
145.2  KWD
In the table above, you'll find a comprehensive BITS to KWD converter that shows the value of Bitswift in Kuwaiti Dinar across commonly used conversion amounts. The list covers conversions from 1 BITS to KWD, all the way up to 10000 BITS, providing a clear view of their respective values.
Kuwaiti Dinar
Bitswift
1000 KWD
68,871.38 BITS
2000 KWD
137,742.77 BITS
5000 KWD
344,356.92 BITS
10000 KWD
688,713.83 BITS
50000 KWD
3,443,569.17 BITS
100000 KWD
6,887,138.34 BITS
In the table above, you'll find a comprehensive KWD to BITS converter that shows the value of Kuwaiti Dinar in Bitswift across commonly used conversion amounts. The list covers conversions from 1 KWD to BITS, all the way up to 100000 KWD, providing a clear view of their respective values.

BITS to KWD chart

BITS/KWD: 1 BITS = 0.01452 KWD; 2025/05/05 19:18:25
In the past 1D, Bitswift has changed -40.14% to KWD. Based on the trend and price charts, Bitswift(BITS) has changed -40.14% to KWD while Kuwaiti Dinar(KWD) has changed % to BITS in the last 24 hours.
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BITS to KWD conversion data: Volatility and price changes of Bitswift in KWD

The highest Bitswift price in KWD over the past 7 days was 0.02490 KWD while the lowest Bitswift price in KWD over the past 7 days was 0.01436 KWD. The relative change between the highs and lows in Bitswift price in KWD over the last 7 days indicates a volatility of %. You can view additional volatility data and BITS to KWD prices for the past 24 hours, 30 days, and 90 days in the table above.
Last 24 hoursLast 7 daysLast 30 daysLast 90 days
High
0.02437 KWD
0.02490 KWD
0.02490 KWD
0.03027 KWD
Low
0.01436 KWD
0.01436 KWD
0.01436 KWD
0.01436 KWD
Average
0 KWD
0 KWD
0 KWD
0 KWD
Volatility
%
%
%
%
Change
-40.14%
-39.53%
-25.86%
-37.41%

Bitswift information

BITS to KWD market statistics

BITS/KWD:
د.ك0.01452
BITS 24h volume:
د.ك24.55
BITS market cap:
د.ك56,404.19
BITS circulating supply:
3.88M BITS

Current BITS to KWD exchange rate

Bitswift to Kuwaiti Dinar is falling this week.
Bitswift's current market price is د.ك0.01452 per BITS, with a total market cap of د.ك56,404.19 KWD based on a circulating supply of 3,884,634.8 BITS. The trading volume of Bitswift has changed by +95.03% (د.ك11.96 KWD) in the last 24 hours. Last trading day, BITS's trading volume was د.ك12.59.

More info about Bitswift 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.

Bitget crypto-to-fiat exchange data shows that the most popular Bitswift currency pair is the BITS to KWD, with for Bitswift's currency code being BITS. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for KWD.

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How to convert BITS to KWD

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Bitget P2P trading does not currently support direct buying of BITS with KWD. However, you can buy USDT in Bitget P2P trading first, and then buy BITS with USDT via Bitget spot market.
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BITS to KWD Conversion tables

The exchange rate of Bitswift is decreasing.
The exchange rate of 1 BITS to Kuwaiti Dinar has changed by -39.53% in the last 7 days. In the last 24 hours, the rate has fluctuated by -40.14%, reaching a high of 0.02437 KWD and a low of 0.01436 KWD . One month ago, the value of 1 BITS was د.ك0.01959 KWD , which represents a -25.86% change from its current value. Over the last year, Bitswift has changed by
-د.ك
0.05082KWD
, resulting in a change of -77.75% in its value.
24 hours ago1 month ago1 year ago
Amount19:18 today24 hours ago24h change
0.5 BITSد.ك0.007260د.ك0.01213
-40.14%
1 BITSد.ك0.01452د.ك0.02427
-40.14%
5 BITSد.ك0.07260د.ك0.1213
-40.14%
10 BITSد.ك0.1452د.ك0.2427
-40.14%
50 BITSد.ك0.7260د.ك1.21
-40.14%
100 BITSد.ك1.45د.ك2.43
-40.14%
500 BITSد.ك7.26د.ك12.13
-40.14%
1000 BITSد.ك14.52د.ك24.27
-40.14%

BITS to KWD FAQ

How much is 1 Bitswift in KWD?
Right now, the price of 1 Bitswift (BITS) in Kuwaiti Dinar (KWD) is د.ك0.01452.
How much BITS can I buy for 1 KWD?
Based on the current exchange rate, you can get 68.87 BITS for 1 KWD.
How do I calculate or convert BITS to KWD?
You can use our BITS to KWD calculator at the top of this page to convert any amount of BITS to KWD. We've also included quick-reference tables for the most popular conversions. For example, 5 KWD is equivalent to 344.36 BITS, while 5 BITS will cost around 0.07260KWD.
What is the highest price of BITS/KWD in history?
The all-time high price of 1 BITS in KWD is د.ك0.9228. It remains to be seen if the value of 1 BITS/KWD will exceed the current all-time high.
What is the price trend of Bitswift in KWD?
Over the past 7 days, the exchange rate of Bitswift (BITS) has gone down by 39.53%.   Over the last month, the exchange rate of Bitswift (BITS) has gone down by 25.86% against Kuwaiti Dinar (KWD).

What factors influence the conversion rate of BITS to KWD?

There are many factors that affect the relationship between Bitswift and Kuwaiti Dinar, spanning multiple dimensions such as macroeconomic trends, policy regulation, and technological innovation. Specifically, the following key factors play an important role:
Market sentiment:Investor sentiment and confidence have a significant impact on the dynamics of BITS/KWD. When there is positive news in the market about the widespread adoption of BITS or major technological breakthroughs, it tends to trigger market optimism and drive the rise of BITS/KWD. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in BITS/KWD.
Regulatory environment:Government policies and regulations surrounding cryptocurrencies have a direct impact on their acceptance, which in turn determines their value relative to traditional currencies such as the US dollar. Clear and supportive regulations can enhance investor confidence in cryptocurrencies and drive their value up. Conversely, vague or overly strict regulatory policies may hinder the development of cryptocurrencies and cause their value to fall.
Economic indicators:Macroeconomic factors in the country where the fiat currency is issued—such as inflation rates, interest rates, and key economic growth indicators—play a crucial role in determining the fiat currency's value and indirectly affect the exchange rate of BITS/KWD. For example, high inflation rates may lead to a decrease in market trust in fiat currencies, thereby increasing investors' demand for cryptocurrencies such as Bitcoin as a hedge, driving up their prices.
Technological progress:The continuous development and innovation of blockchain technology, as well as various improvements in the cryptocurrency ecosystem—such as expansion solutions and security enhancements—have provided strong support for the value growth of cryptocurrencies like Bitcoin.
Investors must understand these dynamics to avoid making wrong decisions. After considering these factors, investors should also closely monitor future changes in the price of Bitswift and adjust their investment strategies accordingly in the evolving market.

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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.