MBGA to KWD Converter and calculator


Conversion rates
Convert MBGA to KWD
Convert KWD to MBGA
MBGA to KWD chart
MBGA to KWD conversion data: Volatility and price changes of MBGA in KWD
Last 24 hours | Last 7 days | Last 30 days | Last 90 days | |
---|---|---|---|---|
High | 0.0001281 KWD | 0.0001281 KWD | 0.0001281 KWD | 0.0001281 KWD |
Low | 0.{4}6733 KWD | 0.{4}6081 KWD | 0.{4}6081 KWD | 0.{4}6081 KWD |
Average | 0 KWD | 0 KWD | 0 KWD | 0 KWD |
Volatility | % | % | % | % |
Change | -18.61% | +30.10% | +30.10% | +23.74% |
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Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
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MBGA information
MBGA to KWD market statistics
Current MBGA to KWD exchange rate
MBGA to Kuwaiti Dinar is rising this week.More info about MBGA 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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MBGA to KWD Conversion tables
Amount | 17:03 today | 24 hours ago | 24h change |
---|---|---|---|
0.5 MBGA | د.ك0.{4}4078 | د.ك0.{4}5022 | -18.61% |
1 MBGA | د.ك0.{4}8156 | د.ك0.0001004 | -18.61% |
5 MBGA | د.ك0.0004078 | د.ك0.0005022 | -18.61% |
10 MBGA | د.ك0.0008156 | د.ك0.001004 | -18.61% |
50 MBGA | د.ك0.004078 | د.ك0.005022 | -18.61% |
100 MBGA | د.ك0.008156 | د.ك0.01004 | -18.61% |
500 MBGA | د.ك0.04078 | د.ك0.05022 | -18.61% |
1000 MBGA | د.ك0.08156 | د.ك0.1004 | -18.61% |
MBGA to KWD FAQ
What factors influence the conversion rate of MBGA to KWD?
Popular exchange rates — Crypto-to-Fiat converter
The price of MBGA in the US is $0.0002669 USD. Additionally, MBGA’s price is €0.0002284 EUR in the eurozone, £0.0001975 GBP in the UK, C$0.0003673 CAD in Canada, ₹0.02337 INR in India, ₨0.07579 PKR in Pakistan, R$0.001440 BRL in Brazil, and more.
The most popular MBGA currency pair is the MBGA to Kuwaiti Dinar(KWD). The price of 1 MBGA (MBGA) in Kuwaiti Dinar (KWD) is د.ك0.{4}8156.
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