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ABBC Coin to Kuwaiti Dinar Converter and calculator

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Convert 1ABBC Coin (ABBC) to Kuwaiti Dinar (KWD) equals د.ك 0.001261 | Bitget
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Last updated as of 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 ABBC Coin(ABBC) to Kuwaiti Dinar(KWD). This is the real-time data. The current conversion shows 1 ABBC at a value of 1 ABBC for 0.00 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 ABBC Coin currency pair is the ABBC to KWD, with for ABBC Coin's currency code being ABBC. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for KWD.

ABBC to KWD conversion rate trend

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In the past 1D, ABBC Coin has changed +20.51% to KWD. Based on the trend and price charts, ABBC Coin(ABBC) has changed +20.51% to KWD while Kuwaiti Dinar(KWD) has changed % to ABBC in the last 24 hours.

ABBC to KWD market statistics

ABBC/KWD:
د.ك 0.001261
ABBC 24h volume:
د.ك 1,229.56
ABBC market cap:
د.ك 1,141,628.28
ABBC circulating supply:
905.30M ABBC

Current ABBC to KWD exchange rate

ABBC Coin to Kuwaiti Dinar is falling this week.
ABBC Coin's current market price is د.ك 0.001261 per ABBC, with a total market cap of د.ك 1,141,628.28 KWD based on a circulating supply of 905,304,060 ABBC. The trading volume of ABBC Coin has changed by -21.01% (د.ك -326.99 KWD) in the last 24 hours. Last trading day, ABBC's trading volume was د.ك 1,556.55.

ABBC to KWD Conversion tables

The exchange rate of ABBC Coin is increasing.
1 ABBC is currently valued at د.ك 0.001261 KWD , which means buying 5 ABBC will cost د.ك 0.006305 KWD . Similarly, د.ك1 KWD can be traded for 792.99 ABBC, and د.ك50 KWD can be converted to 39,649.69 ABBC, excluding any platform or gas fees.
The exchange rate of 1 ABBC to Kuwaiti Dinar has changed by -14.07% in the last 7 days. In the last 24 hours, the rate has fluctuated by +20.51%, reaching a high of 0.001261 KWD and a low of 0.001045 KWD . One month ago, the value of 1 ABBC was د.ك 0.0007060 KWD , which represents a +78.61% change from its current value. Over the last year, ABBC Coin has changed by
-د.ك
0.008437KWD
, resulting in a change of -87.00% in its value.

ABBC to KWD

Amount
12:24 today
0.5 ABBC
د.ك0.0006305
1 ABBC
د.ك0.001261
5 ABBC
د.ك0.006305
10 ABBC
د.ك0.01261
50 ABBC
د.ك0.06305
100 ABBC
د.ك0.1261
500 ABBC
د.ك0.6305
1000 ABBC
د.ك1.26

KWD to ABBC

Amount12:24 today
0.5KWD396.5  ABBC
1KWD792.99  ABBC
5KWD3,964.97  ABBC
10KWD7,929.94  ABBC
50KWD39,649.69  ABBC
100KWD79,299.38  ABBC
500KWD396,496.89  ABBC
1000KWD792,993.78  ABBC
Buy ABBC now

ABBC to KWD Today vs. 24 hours ago

Amount12:24 today24 hours ago24h change
0.5 ABBCد.ك0.0006305د.ك0.0005232
+20.51%
1 ABBCد.ك0.001261د.ك0.001046
+20.51%
5 ABBCد.ك0.006305د.ك0.005232
+20.51%
10 ABBCد.ك0.01261د.ك0.01046
+20.51%
50 ABBCد.ك0.06305د.ك0.05232
+20.51%
100 ABBCد.ك0.1261د.ك0.1046
+20.51%
500 ABBCد.ك0.6305د.ك0.5232
+20.51%
1000 ABBCد.ك1.26د.ك1.05
+20.51%

ABBC to KWD Today vs. 1 month ago

Amount12:24 today1 month ago1M change
0.5 ABBCد.ك0.0006305د.ك0.0003530
+78.61%
1 ABBCد.ك0.001261د.ك0.0007060
+78.61%
5 ABBCد.ك0.006305د.ك0.003530
+78.61%
10 ABBCد.ك0.01261د.ك0.007060
+78.61%
50 ABBCد.ك0.06305د.ك0.03530
+78.61%
100 ABBCد.ك0.1261د.ك0.07060
+78.61%
500 ABBCد.ك0.6305د.ك0.3530
+78.61%
1000 ABBCد.ك1.26د.ك0.7060
+78.61%

ABBC to KWD Today vs. 1 year ago

Amount12:24 today1 year ago1Y change
0.5 ABBCد.ك0.0006305د.ك0.004849
-87.00%
1 ABBCد.ك0.001261د.ك0.009698
-87.00%
5 ABBCد.ك0.006305د.ك0.04849
-87.00%
10 ABBCد.ك0.01261د.ك0.09698
-87.00%
50 ABBCد.ك0.06305د.ك0.4849
-87.00%
100 ABBCد.ك0.1261د.ك0.9698
-87.00%
500 ABBCد.ك0.6305د.ك4.85
-87.00%
1000 ABBCد.ك1.26د.ك9.7
-87.00%

How to convert ABBC to KWD

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Convert ABBC to KWD
Use a variety of payment options to buy ABBC Coin on Bitget. We'll show you how.

Buy ABBC (or USDT) for KWD (Kuwaiti Dinar) offers

Bitget P2P trading does not currently support direct buying of ABBC with KWD. However, you can buy USDT in Bitget P2P trading first, and then buy ABBC with USDT via Bitget spot market.
Merchants (trades/completion rate)PriceAmount/limit
Low to high
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Sell ABBC (or USDT) for KWD (Kuwaiti Dinar) offers

Bitget P2P trading currently does not support direct selling of ABBC to KWD. However, you can first exchange ABBC for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
Merchants (trades/completion rate)PriceAmount/limit
High to low
Payment methods
Zero fees
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What factors influence the conversion rate of ABBC to KWD?

There are many factors that affect the relationship between ABBC Coin 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 ABBC/KWD. When there is positive news in the market about the widespread adoption of ABBC or major technological breakthroughs, it tends to trigger market optimism and drive the rise of ABBC/KWD. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in ABBC/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.
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 ABBC/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 ABBC Coin and adjust their investment strategies accordingly in the evolving market.

ABBC Coin price prediction

What will the price of ABBC be in 2026?

Based on ABBC's historical price performance prediction model, the price of ABBC is projected to reach $0.004135 in 2026.

What will the price of ABBC be in 2031?

In 2031, the ABBC price is expected to change by +19.00%. By the end of 2031, the ABBC price is projected to reach $0.008811, with a cumulative ROI of +148.54%.

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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 ABBC Coin 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 ABBC Coin 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 ABBC Coin 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.