BAC
KWD
Last updated 2023/09/01 02:23:05 (UTC+0)Refresh
Want to display this on your website?Bitget converter offers real-time exchange rates, allowing for easy conversion of Basis Cash(BAC) to Kuwaiti Dinar(KWD). This is the real-time data. The current conversion shows 1 BAC at a value of 1 BAC 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.
Bitget crypto-to-fiat exchange data shows that the most popular Basis Cash currency pair is the BAC to KWD, with for Basis Cash's currency code being BAC. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for KWD.
BAC to KWD conversion rate trend
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In the past 1D, Basis Cash has changed +5.73% to KWD. Based on the trend and price charts, Basis Cash(BAC) has changed +5.73% to KWD while Kuwaiti Dinar(KWD) has changed % to BAC in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | د.ك0.0004718 | 0.0200% / 0.0320%  VIP 7 | |
Gate.io | د.ك0.0004725 | 0.1000% / 0.1000% | Yes |
Last updated 2024/10/31 08:00:11(UTC+0)
How to buy Basis Cash
Create Your Free Bitget Account
Sign up on Bitget with your email address/mobile phone number and create a strong password to secure your account.
Verify Your Account
Verify your identity by entering your personal information and uploading a valid photo ID.
Buy Basis Cash (BAC)
Use a variety of payment options to buy Basis Cash on Bitget. We'll show you how.
Buy BAC (or USDT) for KWD (Kuwaiti Dinar) offers
Bitget P2P trading does not currently support direct buying of BAC with KWD. However, you can buy USDT in Bitget P2P trading first, and then buy BAC with USDT via Bitget spot market.
| Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
|---|
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Sell BAC (or USDT) for KWD (Kuwaiti Dinar) offers
Bitget P2P trading currently does not support direct selling of BAC to KWD. However, you can first exchange BAC for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
| Merchants (trades/completion rate) | Price | Amount/limit High to low | Payment methods | Zero fees Action |
|---|
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What factors influence the conversion rate of Basis Cash to Kuwaiti Dinar?
Basis Cash to Kuwaiti Dinar is rising this week.Basis Cash's current market price is د.ك 0.0005178 per BAC, with a total market cap of د.ك 28,260.67 KWD based on a circulating supply of 54,575,144 BAC. The trading volume of Basis Cash has changed by -70.34% (د.ك -128.00 KWD) in the last 24 hours. Last trading day, BAC's trading volume was د.ك 181.97.
Market cap
$92.23K
24h volume
$176.14212352
Circulating supply
54.58M BAC
Conversion tables
The exchange rate of Basis Cash is decreasing.1 BAC is currently valued at د.ك 0.0005178 KWD , which means buying 5 BAC will cost د.ك 0.002589 KWD . Similarly, د.ك1 KWD can be traded for 1,931.13 BAC, and د.ك50 KWD can be converted to 96,556.7 BAC, excluding any platform or gas fees.
The exchange rate of 1 BAC to Kuwaiti Dinar has changed by +25.92% in the last 7 days. In the last 24 hours, the rate has fluctuated by +5.73%, reaching a high of 0.0005179 KWD and a low of 0.0004594 KWD . One month ago, the value of 1 BAC was د.ك 0.0006191 KWD , which represents a -16.36% change from its current value. Over the last year, Basis Cash has changed by , resulting in a change of -12.74% in its value.
-د.ك
0.{4}7560KWDBAC to KWD
Amount
09:15 am today
0.5 BAC
د.ك0.0002589
1 BAC
د.ك0.0005178
5 BAC
د.ك0.002589
10 BAC
د.ك0.005178
50 BAC
د.ك0.02589
100 BAC
د.ك0.05178
500 BAC
د.ك0.2589
1000 BAC
د.ك0.5178
KWD to BAC
Amount09:15 am today
0.5KWD965.57 BAC
1KWD1,931.13 BAC
5KWD9,655.67 BAC
10KWD19,311.34 BAC
50KWD96,556.7 BAC
100KWD193,113.41 BAC
500KWD965,567.05 BAC
1000KWD1,931,134.09 BAC
Today vs. 24 hours ago
| Amount | 09:15 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 BAC | $0.0008450 | $0.0007992 | +5.73% |
| 1 BAC | $0.001690 | $0.001598 | +5.73% |
| 5 BAC | $0.008450 | $0.007992 | +5.73% |
| 10 BAC | $0.01690 | $0.01598 | +5.73% |
| 50 BAC | $0.08450 | $0.07992 | +5.73% |
| 100 BAC | $0.1690 | $0.1598 | +5.73% |
| 500 BAC | $0.8450 | $0.7992 | +5.73% |
| 1000 BAC | $1.69 | $1.6 | +5.73% |
Today vs. 1 month ago
| Amount | 09:15 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 BAC | $0.0008450 | $0.001010 | -16.36% |
| 1 BAC | $0.001690 | $0.002021 | -16.36% |
| 5 BAC | $0.008450 | $0.01010 | -16.36% |
| 10 BAC | $0.01690 | $0.02021 | -16.36% |
| 50 BAC | $0.08450 | $0.1010 | -16.36% |
| 100 BAC | $0.1690 | $0.2021 | -16.36% |
| 500 BAC | $0.8450 | $1.01 | -16.36% |
| 1000 BAC | $1.69 | $2.02 | -16.36% |
Today vs. 1 year ago
| Amount | 09:15 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 BAC | $0.0008450 | $0.0009684 | -12.74% |
| 1 BAC | $0.001690 | $0.001937 | -12.74% |
| 5 BAC | $0.008450 | $0.009684 | -12.74% |
| 10 BAC | $0.01690 | $0.01937 | -12.74% |
| 50 BAC | $0.08450 | $0.09684 | -12.74% |
| 100 BAC | $0.1690 | $0.1937 | -12.74% |
| 500 BAC | $0.8450 | $0.9684 | -12.74% |
| 1000 BAC | $1.69 | $1.94 | -12.74% |
Basis Cash price prediction
What will the price of BAC be in 2025?
Based on BAC's historical price performance prediction model, the price of BAC is projected to reach $0.001942 in 2025.
What will the price of BAC be in 2030?
In 2030, the BAC price is expected to change by -10.00%. By the end of 2030, the BAC price is projected to reach $0.002731, with a cumulative ROI of +79.54%.
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Popular Basis Cash conversions
Check out these popular currency conversions of Basis Cash to several fiat currencies.
Basis Cash to USD
1 BAC to $ 0.001690 USD
Basis Cash to GBP
1 BAC to £ 0.001303 GBP
Basis Cash to EUR
1 BAC to € 0.001557 EUR
Basis Cash to KRW
1 BAC to ₩ 2.33 KRW
Basis Cash to CAD
1 BAC to $ 0.002352 CAD
Basis Cash to AUD
1 BAC to $ 0.002570 AUD
Basis Cash to JPY
1 BAC to ¥ 0.2575 JPY
Basis Cash to BRL
1 BAC to R$ 0.009742 BRL
Basis Cash to CNY
1 BAC to ¥ 0.01204 CNY
Basis Cash to TWD
1 BAC to NT$ 0.05399 TWD
Popular cryptocurrencies to KWD
Explore other cryptocurrencies based on your interest in Basis Cash.
AI Companions to KWD
1 AIC to د.ك 0.02856 KWD
Hooked Protocol to KWD
1 HOOK to د.ك 0.1207 KWD
Grass to KWD
1 GRASS to د.ك -- KWD
Aevo to KWD
1 AEVO to د.ك 0.1006 KWD
Bitcoin to KWD
1 BTC to د.ك 22,156.34 KWD
Solana to KWD
1 SOL to د.ك 53.5 KWD
Sui to KWD
1 SUI to د.ك 0.6252 KWD
Celestia to KWD
1 TIA to د.ك 1.42 KWD
Ethereum to KWD
1 ETH to د.ك 809.14 KWD
Dogecoin to KWD
1 DOGE to د.ك 0.05217 KWD
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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 Basis Cash 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 Basis Cash 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 Basis Cash 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.
