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Interport Token to Kuwaiti Dinar Converter and calculator

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Convert 1Interport Token (ITP) to Kuwaiti Dinar (KWD) equals د.ك 0.002155 | 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 Interport Token(ITP) to Kuwaiti Dinar(KWD). This is the real-time data. The current conversion shows 1 ITP at a value of 1 ITP 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 Interport Token currency pair is the ITP to KWD, with for Interport Token's currency code being ITP. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for KWD.

ITP to KWD conversion rate trend

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In the past 1D, Interport Token has changed -1.67% to KWD. Based on the trend and price charts, Interport Token(ITP) has changed -1.67% to KWD while Kuwaiti Dinar(KWD) has changed % to ITP in the last 24 hours.

ITP to KWD market statistics

ITP/KWD:
د.ك 0.002155
ITP 24h volume:
--
ITP market cap:
--
ITP circulating supply:
0 ITP

Current ITP to KWD exchange rate

Interport Token to Kuwaiti Dinar is falling this week.
Interport Token's current market price is د.ك 0.002155 per ITP, with a total market cap of د.ك 0 KWD based on a circulating supply of -- ITP. The trading volume of Interport Token has changed by 0.00% (د.ك 0 KWD) in the last 24 hours. Last trading day, ITP's trading volume was د.ك 0.

ITP to KWD Conversion tables

The exchange rate of Interport Token is decreasing.
1 ITP is currently valued at د.ك 0.002155 KWD , which means buying 5 ITP will cost د.ك 0.01078 KWD . Similarly, د.ك1 KWD can be traded for 463.97 ITP, and د.ك50 KWD can be converted to 23,198.68 ITP, excluding any platform or gas fees.
The exchange rate of 1 ITP to Kuwaiti Dinar has changed by -6.89% in the last 7 days. In the last 24 hours, the rate has fluctuated by -1.67%, reaching a high of 0.001920 KWD and a low of 0.001796 KWD . One month ago, the value of 1 ITP was د.ك 0.002772 KWD , which represents a -24.61% change from its current value. Over the last year, Interport Token has changed by
-د.ك
0.1896KWD
, resulting in a change of -99.01% in its value.

ITP to KWD

Amount
03:16 am today
0.5 ITP
د.ك0.001078
1 ITP
د.ك0.002155
5 ITP
د.ك0.01078
10 ITP
د.ك0.02155
50 ITP
د.ك0.1078
100 ITP
د.ك0.2155
500 ITP
د.ك1.08
1000 ITP
د.ك2.16

KWD to ITP

Amount03:16 am today
0.5KWD231.99  ITP
1KWD463.97  ITP
5KWD2,319.87  ITP
10KWD4,639.74  ITP
50KWD23,198.68  ITP
100KWD46,397.37  ITP
500KWD231,986.85  ITP
1000KWD463,973.69  ITP
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ITP to KWD Today vs. 24 hours ago

Amount03:16 am today24 hours ago24h change
0.5 ITPد.ك0.001078د.ك0.001094
-1.67%
1 ITPد.ك0.002155د.ك0.002187
-1.67%
5 ITPد.ك0.01078د.ك0.01094
-1.67%
10 ITPد.ك0.02155د.ك0.02187
-1.67%
50 ITPد.ك0.1078د.ك0.1094
-1.67%
100 ITPد.ك0.2155د.ك0.2187
-1.67%
500 ITPد.ك1.08د.ك1.09
-1.67%
1000 ITPد.ك2.16د.ك2.19
-1.67%

ITP to KWD Today vs. 1 month ago

Amount03:16 am today1 month ago1M change
0.5 ITPد.ك0.001078د.ك0.001386
-24.61%
1 ITPد.ك0.002155د.ك0.002772
-24.61%
5 ITPد.ك0.01078د.ك0.01386
-24.61%
10 ITPد.ك0.02155د.ك0.02772
-24.61%
50 ITPد.ك0.1078د.ك0.1386
-24.61%
100 ITPد.ك0.2155د.ك0.2772
-24.61%
500 ITPد.ك1.08د.ك1.39
-24.61%
1000 ITPد.ك2.16د.ك2.77
-24.61%

ITP to KWD Today vs. 1 year ago

Amount03:16 am today1 year ago1Y change
0.5 ITPد.ك0.001078د.ك0.09588
-99.01%
1 ITPد.ك0.002155د.ك0.1918
-99.01%
5 ITPد.ك0.01078د.ك0.9588
-99.01%
10 ITPد.ك0.02155د.ك1.92
-99.01%
50 ITPد.ك0.1078د.ك9.59
-99.01%
100 ITPد.ك0.2155د.ك19.18
-99.01%
500 ITPد.ك1.08د.ك95.88
-99.01%
1000 ITPد.ك2.16د.ك191.77
-99.01%

How to convert ITP to KWD

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Convert ITP to KWD
Use a variety of payment options to buy Interport Token on Bitget. We'll show you how.

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

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

Bitget P2P trading currently does not support direct selling of ITP to KWD. However, you can first exchange ITP 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
Action
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What factors influence the conversion rate of ITP to KWD?

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

Interport Token price prediction

What will the price of ITP be in 2026?

Based on ITP's historical price performance prediction model, the price of ITP is projected to reach $0.008928 in 2026.

What will the price of ITP be in 2031?

In 2031, the ITP price is expected to change by +10.00%. By the end of 2031, the ITP price is projected to reach $0.01750, with a cumulative ROI of +157.80%.

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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 Interport Token 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 Interport Token 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 Interport Token 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.