EFX
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 Effect AI(EFX) to Kuwaiti Dinar(KWD). This is the real-time data. The current conversion shows 1 EFX at a value of 1 EFX for 0.01 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 Effect AI currency pair is the EFX to KWD, with for Effect AI's currency code being EFX. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for KWD.
EFX to KWD conversion rate trend
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In the past 1D, Effect AI has changed -3.46% to KWD. Based on the trend and price charts, Effect AI(EFX) has changed -3.46% to KWD while Kuwaiti Dinar(KWD) has changed % to EFX in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | د.ك0.007883 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/12/23 08:30:48(UTC+0)
How to buy Effect AI
Create Your Free Bitget Account
Sign up on Bitget with your email address/mobile phone number and create a strong password to secure your account.
Verify Your Account
Verify your identity by entering your personal information and uploading a valid photo ID.
Buy Effect AI (EFX)
Use a variety of payment options to buy Effect AI on Bitget. We'll show you how.
Buy EFX (or USDT) for KWD (Kuwaiti Dinar) offers
Bitget P2P trading does not currently support direct buying of EFX with KWD. However, you can buy USDT in Bitget P2P trading first, and then buy EFX 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 EFX (or USDT) for KWD (Kuwaiti Dinar) offers
Bitget P2P trading currently does not support direct selling of EFX to KWD. However, you can first exchange EFX 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 Effect AI to Kuwaiti Dinar?
Effect AI to Kuwaiti Dinar is falling this week.Effect AI's current market price is د.ك 0.007788 per EFX, with a total market cap of د.ك 1,963,965.81 KWD based on a circulating supply of 252,168,530 EFX. The trading volume of Effect AI has changed by -55.72% (د.ك -9,553.47 KWD) in the last 24 hours. Last trading day, EFX's trading volume was د.ك 17,146.2.
Market cap
$6.38M
24h volume
$24.65K
Circulating supply
252.17M EFX
Conversion tables
The exchange rate of Effect AI is increasing.1 EFX is currently valued at د.ك 0.007788 KWD , which means buying 5 EFX will cost د.ك 0.03894 KWD . Similarly, د.ك1 KWD can be traded for 128.4 EFX, and د.ك50 KWD can be converted to 6,419.88 EFX, excluding any platform or gas fees.
The exchange rate of 1 EFX to Kuwaiti Dinar has changed by -12.19% in the last 7 days. In the last 24 hours, the rate has fluctuated by -3.46%, reaching a high of 0.008081 KWD and a low of 0.007415 KWD . One month ago, the value of 1 EFX was د.ك 0.002567 KWD , which represents a +203.35% change from its current value. Over the last year, Effect AI has changed by , resulting in a change of +573.39% in its value.
+د.ك
0.006632KWDEFX to KWD
Amount
13:00 today
0.5 EFX
د.ك0.003894
1 EFX
د.ك0.007788
5 EFX
د.ك0.03894
10 EFX
د.ك0.07788
50 EFX
د.ك0.3894
100 EFX
د.ك0.7788
500 EFX
د.ك3.89
1000 EFX
د.ك7.79
KWD to EFX
Amount13:00 today
0.5KWD64.2 EFX
1KWD128.4 EFX
5KWD641.99 EFX
10KWD1,283.98 EFX
50KWD6,419.88 EFX
100KWD12,839.76 EFX
500KWD64,198.81 EFX
1000KWD128,397.61 EFX
Today vs. 24 hours ago
| Amount | 13:00 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 EFX | $0.01264 | $0.01310 | -3.46% |
| 1 EFX | $0.02529 | $0.02619 | -3.46% |
| 5 EFX | $0.1264 | $0.1310 | -3.46% |
| 10 EFX | $0.2529 | $0.2619 | -3.46% |
| 50 EFX | $1.26 | $1.31 | -3.46% |
| 100 EFX | $2.53 | $2.62 | -3.46% |
| 500 EFX | $12.64 | $13.1 | -3.46% |
| 1000 EFX | $25.29 | $26.19 | -3.46% |
Today vs. 1 month ago
| Amount | 13:00 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 EFX | $0.01264 | $0.004168 | +203.35% |
| 1 EFX | $0.02529 | $0.008336 | +203.35% |
| 5 EFX | $0.1264 | $0.04168 | +203.35% |
| 10 EFX | $0.2529 | $0.08336 | +203.35% |
| 50 EFX | $1.26 | $0.4168 | +203.35% |
| 100 EFX | $2.53 | $0.8336 | +203.35% |
| 500 EFX | $12.64 | $4.17 | +203.35% |
| 1000 EFX | $25.29 | $8.34 | +203.35% |
Today vs. 1 year ago
| Amount | 13:00 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 EFX | $0.01264 | $0.001878 | +573.39% |
| 1 EFX | $0.02529 | $0.003755 | +573.39% |
| 5 EFX | $0.1264 | $0.01878 | +573.39% |
| 10 EFX | $0.2529 | $0.03755 | +573.39% |
| 50 EFX | $1.26 | $0.1878 | +573.39% |
| 100 EFX | $2.53 | $0.3755 | +573.39% |
| 500 EFX | $12.64 | $1.88 | +573.39% |
| 1000 EFX | $25.29 | $3.76 | +573.39% |
Effect AI price prediction
What will the price of EFX be in 2025?
Based on EFX's historical price performance prediction model, the price of EFX is projected to reach $0.02500 in 2025.
What will the price of EFX be in 2030?
In 2030, the EFX price is expected to change by -9.00%. By the end of 2030, the EFX price is projected to reach $0.03477, with a cumulative ROI of +41.50%.
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Popular Effect AI conversions
Check out these popular currency conversions of Effect AI to several fiat currencies.
Effect AI to USD
1 EFX to $ 0.02529 USD
Effect AI to GBP
1 EFX to £ 0.02013 GBP
Effect AI to EUR
1 EFX to € 0.02430 EUR
Effect AI to KRW
1 EFX to ₩ 36.72 KRW
Effect AI to CAD
1 EFX to $ 0.03638 CAD
Effect AI to AUD
1 EFX to $ 0.04041 AUD
Effect AI to JPY
1 EFX to ¥ 3.96 JPY
Effect AI to BRL
1 EFX to R$ 0.1539 BRL
Effect AI to CNY
1 EFX to ¥ 0.1848 CNY
Effect AI to TWD
1 EFX to NT$ 0.8270 TWD
Popular cryptocurrencies to KWD
Explore other cryptocurrencies based on your interest in Effect AI.
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1 AAVE to د.ك 104.42 KWD
QuarkChain to KWD
1 QKC to د.ك 0.003616 KWD
Peanut the Squirrel to KWD
1 PNUT to د.ك 0.2123 KWD
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1 STEEM to د.ك 0.08545 KWD
Frax Share to KWD
1 FXS to د.ك 0.9869 KWD
Hive to KWD
1 HIVE to د.ك 0.1107 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 Effect AI 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 Effect AI 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 Effect AI 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.
