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NIM to KWD Converter and calculator

NIM/KWD: 1 NIM = 0.0002592 KWD. The price of converting 1 Nimiq (NIM) to Kuwaiti Dinar (KWD) is 0.0002592 KWD today.
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NIM
KWD
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides NIM to KWD real-time exchange rates, making it easy to convert Nimiq (NIM) to Kuwaiti Dinar (KWD). The conversion result is based on real-time data. The conversion result shows that 1 NIM is currently valued at 0.00 KWD. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 NIM is currently valued at 0.00 KWD, which means buying 5 NIM would cost 0.00 KWD. Similarly, د.ك1 KWD can be converted to 3,858.23 NIM, and د.ك50 KWD can be converted to 19,291.15 NIM, excluding any platform or gas fees.

Convert NIM to KWD

Convert KWD to NIM

Nimiq
Kuwaiti Dinar
In the table above, you'll find a comprehensive NIM to KWD converter that shows the value of Nimiq in Kuwaiti Dinar across commonly used conversion amounts. The list covers conversions from 1 NIM to KWD, all the way up to 10000 NIM, providing a clear view of their respective values.
Kuwaiti Dinar
Nimiq
500 KWD
1,929,114.68 NIM
1000 KWD
3,858,229.35 NIM
2000 KWD
7,716,458.7 NIM
5000 KWD
19,291,146.76 NIM
10000 KWD
38,582,293.52 NIM
50000 KWD
192,911,467.59 NIM
100000 KWD
385,822,935.18 NIM
In the table above, you'll find a comprehensive KWD to NIM converter that shows the value of Kuwaiti Dinar in Nimiq across commonly used conversion amounts. The list covers conversions from 1 KWD to NIM, all the way up to 100000 KWD, providing a clear view of their respective values.

NIM to KWD chart

NIM/KWD: 1 NIM = 0.0002592 KWD; 2025/04/27 05:59:33
In the past 1D, Nimiq has changed +1.58% to KWD. Based on the trend and price charts, Nimiq(NIM) has changed +1.58% to KWD while Kuwaiti Dinar(KWD) has changed % to NIM in the last 24 hours.
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NIM to KWD conversion data: Volatility and price changes of Nimiq in KWD

The highest Nimiq price in KWD over the past 7 days was 0.0002633 KWD while the lowest Nimiq price in KWD over the past 7 days was 0.0002233 KWD. The relative change between the highs and lows in Nimiq price in KWD over the last 7 days indicates a volatility of %. You can view additional volatility data and NIM to KWD prices for the past 24 hours, 30 days, and 90 days in the table above.
Last 24 hoursLast 7 daysLast 30 daysLast 90 days
High
0.0002633 KWD
0.0002633 KWD
0.0003283 KWD
0.0004935 KWD
Low
0.0002545 KWD
0.0002233 KWD
0.0002130 KWD
0.0002130 KWD
Average
0 KWD
0 KWD
0 KWD
0 KWD
Volatility
%
%
%
%
Change
+1.58%
+15.67%
-22.25%
-28.48%

Nimiq information

NIM to KWD market statistics

NIM/KWD:
د.ك0.0002592
NIM 24h volume:
د.ك19,267.62
NIM market cap:
د.ك3,378,538.97
NIM circulating supply:
13.04B NIM

Current NIM to KWD exchange rate

Nimiq to Kuwaiti Dinar is rising this week.
Nimiq's current market price is د.ك0.0002592 per NIM, with a total market cap of د.ك3,378,538.97 KWD based on a circulating supply of 13,035,178,000 NIM. The trading volume of Nimiq has changed by +0.22% (د.ك42.66 KWD) in the last 24 hours. Last trading day, NIM's trading volume was د.ك19,224.96.

More info about Nimiq 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.

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

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How to convert NIM to KWD

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NIM to KWD Conversion tables

The exchange rate of Nimiq is decreasing.
The exchange rate of 1 NIM to Kuwaiti Dinar has changed by +15.67% in the last 7 days. In the last 24 hours, the rate has fluctuated by +1.58%, reaching a high of 0.0002633 KWD and a low of 0.0002545 KWD . One month ago, the value of 1 NIM was د.ك0.0003333 KWD , which represents a -22.25% change from its current value. Over the last year, Nimiq has changed by
-د.ك
0.0001376KWD
, resulting in a change of -34.67% in its value.
24 hours ago1 month ago1 year ago
Amount05:59 am today24 hours ago24h change
0.5 NIMد.ك0.0001296د.ك0.0001276
+1.58%
1 NIMد.ك0.0002592د.ك0.0002552
+1.58%
5 NIMد.ك0.001296د.ك0.001276
+1.58%
10 NIMد.ك0.002592د.ك0.002552
+1.58%
50 NIMد.ك0.01296د.ك0.01276
+1.58%
100 NIMد.ك0.02592د.ك0.02552
+1.58%
500 NIMد.ك0.1296د.ك0.1276
+1.58%
1000 NIMد.ك0.2592د.ك0.2552
+1.58%

NIM to KWD FAQ

How much is 1 Nimiq in KWD?
Right now, the price of 1 Nimiq (NIM) in Kuwaiti Dinar (KWD) is د.ك0.0002592.
How much NIM can I buy for 1 KWD?
Based on the current exchange rate, you can get 3,858.23 NIM for 1 KWD.
How do I calculate or convert NIM to KWD?
You can use our NIM to KWD calculator at the top of this page to convert any amount of NIM to KWD. We've also included quick-reference tables for the most popular conversions. For example, 5 KWD is equivalent to 19,291.15 NIM, while 5 NIM will cost around 0.001296KWD.
What is the highest price of NIM/KWD in history?
The all-time high price of 1 NIM in KWD is د.ك0.01064. It remains to be seen if the value of 1 NIM/KWD will exceed the current all-time high.
What is the price trend of Nimiq in KWD?
Over the past 7 days, the exchange rate of Nimiq (NIM) has gone up by 15.67%.   Over the last month, the exchange rate of Nimiq (NIM) has gone down by 22.25% against Kuwaiti Dinar (KWD).

What factors influence the conversion rate of NIM to KWD?

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

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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.