SBD
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 Steem Dollars(SBD) to Kuwaiti Dinar(KWD). This is the real-time data. The current conversion shows 1 SBD at a value of 1 SBD for 1.02 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 Steem Dollars currency pair is the SBD to KWD, with for Steem Dollars's currency code being SBD. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for KWD.
SBD to KWD conversion rate trend
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In the past 1D, Steem Dollars has changed -6.45% to KWD. Based on the trend and price charts, Steem Dollars(SBD) has changed -6.45% to KWD while Kuwaiti Dinar(KWD) has changed % to SBD in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | د.ك0.9752 | 0.0200% / 0.0320%  VIP 7 | |
Huobi | د.ك0.9376 | 0.1000% / 0.1000% | Yes |
Last updated 2024/12/23 08:00:14(UTC+0)
How to buy Steem Dollars
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.
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Verify your identity by entering your personal information and uploading a valid photo ID.
Buy Steem Dollars (SBD)
Use a variety of payment options to buy Steem Dollars on Bitget. We'll show you how.
Buy SBD (or USDT) for KWD (Kuwaiti Dinar) offers
Bitget P2P trading does not currently support direct buying of SBD with KWD. However, you can buy USDT in Bitget P2P trading first, and then buy SBD 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 SBD (or USDT) for KWD (Kuwaiti Dinar) offers
Bitget P2P trading currently does not support direct selling of SBD to KWD. However, you can first exchange SBD 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 Steem Dollars to Kuwaiti Dinar?
Steem Dollars to Kuwaiti Dinar is falling this week.Steem Dollars's current market price is د.ك 1.02 per SBD, with a total market cap of د.ك 14,171,282.17 KWD based on a circulating supply of 13,910,973 SBD. The trading volume of Steem Dollars has changed by -23.84% (د.ك -1,561,783.84 KWD) in the last 24 hours. Last trading day, SBD's trading volume was د.ك 6,552,178.59.
Market cap
$46.00M
24h volume
$16.20M
Circulating supply
13.91M SBD
Conversion tables
The exchange rate of Steem Dollars is increasing.1 SBD is currently valued at د.ك 1.02 KWD , which means buying 5 SBD will cost د.ك 5.09 KWD . Similarly, د.ك1 KWD can be traded for 0.9816 SBD, and د.ك50 KWD can be converted to 49.08 SBD, excluding any platform or gas fees.
The exchange rate of 1 SBD to Kuwaiti Dinar has changed by -5.19% in the last 7 days. In the last 24 hours, the rate has fluctuated by -6.45%, reaching a high of 1.12 KWD and a low of 0.9556 KWD . One month ago, the value of 1 SBD was د.ك 0.9850 KWD , which represents a +3.42% change from its current value. Over the last year, Steem Dollars has changed by , resulting in a change of -29.33% in its value.
-د.ك
0.4229KWDSBD to KWD
Amount
14:09 today
0.5 SBD
د.ك0.5094
1 SBD
د.ك1.02
5 SBD
د.ك5.09
10 SBD
د.ك10.19
50 SBD
د.ك50.94
100 SBD
د.ك101.87
500 SBD
د.ك509.36
1000 SBD
د.ك1,018.71
KWD to SBD
Amount14:09 today
0.5KWD0.4908 SBD
1KWD0.9816 SBD
5KWD4.91 SBD
10KWD9.82 SBD
50KWD49.08 SBD
100KWD98.16 SBD
500KWD490.82 SBD
1000KWD981.63 SBD
Today vs. 24 hours ago
| Amount | 14:09 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 SBD | $1.65 | $1.77 | -6.45% |
| 1 SBD | $3.31 | $3.53 | -6.45% |
| 5 SBD | $16.53 | $17.67 | -6.45% |
| 10 SBD | $33.06 | $35.34 | -6.45% |
| 50 SBD | $165.32 | $176.72 | -6.45% |
| 100 SBD | $330.64 | $353.45 | -6.45% |
| 500 SBD | $1,653.22 | $1,767.25 | -6.45% |
| 1000 SBD | $3,306.43 | $3,534.5 | -6.45% |
Today vs. 1 month ago
| Amount | 14:09 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 SBD | $1.65 | $1.6 | +3.42% |
| 1 SBD | $3.31 | $3.2 | +3.42% |
| 5 SBD | $16.53 | $15.99 | +3.42% |
| 10 SBD | $33.06 | $31.97 | +3.42% |
| 50 SBD | $165.32 | $159.85 | +3.42% |
| 100 SBD | $330.64 | $319.71 | +3.42% |
| 500 SBD | $1,653.22 | $1,598.53 | +3.42% |
| 1000 SBD | $3,306.43 | $3,197.07 | +3.42% |
Today vs. 1 year ago
| Amount | 14:09 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 SBD | $1.65 | $2.34 | -29.33% |
| 1 SBD | $3.31 | $4.68 | -29.33% |
| 5 SBD | $16.53 | $23.39 | -29.33% |
| 10 SBD | $33.06 | $46.79 | -29.33% |
| 50 SBD | $165.32 | $233.95 | -29.33% |
| 100 SBD | $330.64 | $467.9 | -29.33% |
| 500 SBD | $1,653.22 | $2,339.49 | -29.33% |
| 1000 SBD | $3,306.43 | $4,678.98 | -29.33% |
Steem Dollars price prediction
What will the price of SBD be in 2025?
Based on SBD's historical price performance prediction model, the price of SBD is projected to reach $4.64 in 2025.
What will the price of SBD be in 2030?
In 2030, the SBD price is expected to change by +7.00%. By the end of 2030, the SBD price is projected to reach $6.36, with a cumulative ROI of +103.69%.
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Popular Steem Dollars conversions
Check out these popular currency conversions of Steem Dollars to several fiat currencies.
Steem Dollars to USD
1 SBD to $ 3.31 USD
Steem Dollars to GBP
1 SBD to £ 2.64 GBP
Steem Dollars to EUR
1 SBD to € 3.18 EUR
Steem Dollars to KRW
1 SBD to ₩ 4,805.49 KRW
Steem Dollars to CAD
1 SBD to $ 4.77 CAD
Steem Dollars to AUD
1 SBD to $ 5.3 AUD
Steem Dollars to JPY
1 SBD to ¥ 519.7 JPY
Steem Dollars to BRL
1 SBD to R$ 20.32 BRL
Steem Dollars to CNY
1 SBD to ¥ 24.15 CNY
Steem Dollars to TWD
1 SBD to NT$ 108.06 TWD
Popular cryptocurrencies to KWD
Explore other cryptocurrencies based on your interest in Steem Dollars.
Bitcoin to KWD
1 BTC to د.ك 29,221.06 KWD
Ethereum to KWD
1 ETH to د.ك 1,021.76 KWD
Aave to KWD
1 AAVE to د.ك 103.08 KWD
Verge to KWD
1 XVG to د.ك 0.003795 KWD
QuarkChain to KWD
1 QKC to د.ك 0.003638 KWD
Frax Share to KWD
1 FXS to د.ك 0.9911 KWD
Steem to KWD
1 STEEM to د.ك 0.08012 KWD
Algorand to KWD
1 ALGO to د.ك 0.1094 KWD
Curve DAO Token to KWD
1 CRV to د.ك 0.2647 KWD
XRP to KWD
1 XRP to د.ك 0.6710 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 Steem Dollars 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 Steem Dollars 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 Steem Dollars 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.
