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base info Injective

Injective to Kuwaiti Dinar Converter and calculator

Convert 1Injective (INJ) to Kuwaiti Dinar (KWD) equals د.ك 8.16 | Bitget
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Last updated 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter offers real-time exchange rates, allowing for easy conversion of Injective(INJ) to Kuwaiti Dinar(KWD). This is the real-time data. The current conversion shows 1 INJ at a value of 1 INJ for 8.16 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.

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

INJ to KWD conversion rate trend

1D7D1M3M1YAll
In the past 1D, Injective has changed +8.20% to KWD. Based on the trend and price charts, Injective(INJ) has changed +8.20% to KWD while Kuwaiti Dinar(KWD) has changed % to INJ in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
د.ك7.89
0.0001% / 0.0004%vip-iconVIP
Binance
د.ك7.87
0.1000% / 0.1000%
Yes
OKX
د.ك7.87
0.080% / 0.100%
Yes
Huobi
د.ك7.91
0.1000% / 0.1000%
Yes
Gate.io
د.ك7.89
0.1000% / 0.1000%
Yes
Bybit
د.ك7.89
0.1000% / 0.1000%
Yes
KuCoin
د.ك7.87
0.1000% / 0.1000%
Yes
Bitfinex
د.ك7.39
0.1000% / 0.1000%
Yes
Last updated 2024/05/20 15:00:29(UTC+0)

How to buy Injective

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What factors influence the conversion rate of Injective to Kuwaiti Dinar?

Injective to Kuwaiti Dinar is rising this week.
Injective's current market price is د.ك 8.16 per INJ, with a total market cap of د.ك 761,788,032.75 KWD based on a circulating supply of 93,400,000 INJ. The trading volume of Injective has changed by +78.34% (د.ك 12,406,642.89 KWD) in the last 24 hours. Last trading day, INJ's trading volume was د.ك 15,837,243.15.
Market cap
$2.48B
24h volume
$92.03M
Circulating supply
93.40M INJ

Conversion tables

The exchange rate of Injective is decreasing.
1 INJ is currently valued at د.ك 8.16 KWD , which means buying 5 INJ will cost د.ك 40.78 KWD . Similarly, د.ك1 KWD can be traded for 0.1226 INJ, and د.ك50 KWD can be converted to 6.13 INJ, excluding any platform or gas fees.
The exchange rate of 1 INJ to Kuwaiti Dinar has changed by +16.26% in the last 7 days. In the last 24 hours, the rate has fluctuated by +8.20%, reaching a high of 8.17 KWD and a low of 7.31 KWD . One month ago, the value of 1 INJ was د.ك 8.61 KWD , which represents a -5.23% change from its current value. Over the last year, Injective has changed by
+د.ك
2.95KWD
, resulting in a change of +280.74% in its value.

INJ to KWD

Amount
15:30 today
0.5 INJ
د.ك4.08
1 INJ
د.ك8.16
5 INJ
د.ك40.78
10 INJ
د.ك81.56
50 INJ
د.ك407.81
100 INJ
د.ك815.62
500 INJ
د.ك4,078.09
1000 INJ
د.ك8,156.19

KWD to INJ

Amount15:30 today
0.5KWD0.06130  INJ
1KWD0.1226  INJ
5KWD0.6130  INJ
10KWD1.23  INJ
50KWD6.13  INJ
100KWD12.26  INJ
500KWD61.3  INJ
1000KWD122.61  INJ
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Today vs. 24 hours ago

Amount15:30 today24 hours ago24h change
0.5 INJ$13.29$12.28
+8.20%
1 INJ$26.58$24.56
+8.20%
5 INJ$132.88$122.8
+8.20%
10 INJ$265.76$245.61
+8.20%
50 INJ$1,328.8$1,228.04
+8.20%
100 INJ$2,657.6$2,456.07
+8.20%
500 INJ$13,288.02$12,280.37
+8.20%
1000 INJ$26,576.05$24,560.74
+8.20%

Today vs. 1 month ago

Amount15:30 today1 month ago1M change
0.5 INJ$13.29$14.02
-5.23%
1 INJ$26.58$28.04
-5.23%
5 INJ$132.88$140.21
-5.23%
10 INJ$265.76$280.43
-5.23%
50 INJ$1,328.8$1,402.14
-5.23%
100 INJ$2,657.6$2,804.29
-5.23%
500 INJ$13,288.02$14,021.44
-5.23%
1000 INJ$26,576.05$28,042.87
-5.23%
Buy Injective for 1 KWD
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Today vs. 1 year ago

Amount15:30 today1 year ago1Y change
0.5 INJ$13.29$3.48
+280.74%
1 INJ$26.58$6.96
+280.74%
5 INJ$132.88$34.81
+280.74%
10 INJ$265.76$69.62
+280.74%
50 INJ$1,328.8$348.1
+280.74%
100 INJ$2,657.6$696.21
+280.74%
500 INJ$13,288.02$3,481.04
+280.74%
1000 INJ$26,576.05$6,962.08
+280.74%

Injective price prediction

What will the price of INJ be in 2025?

Based on INJ's historical price performance prediction model, the price of INJ is projected to reach $30.24 in 2025.

What will the price of INJ be in 2030?

In 2030, the INJ price is expected to rise by +4.00%. By the end of 2030, the INJ price is projected to reach $57.66, with a cumulative ROI of +116.98%.
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FAQ

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