REF
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 Ref Finance(REF) to Kuwaiti Dinar(KWD). This is the real-time data. The current conversion shows 1 REF at a value of 1 REF for 0.05 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 Ref Finance currency pair is the REF to KWD, with for Ref Finance's currency code being REF. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for KWD.
REF to KWD conversion rate trend
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In the past 1D, Ref Finance has changed -2.25% to KWD. Based on the trend and price charts, Ref Finance(REF) has changed -2.25% to KWD while Kuwaiti Dinar(KWD) has changed % to REF in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | د.ك0.05293 | 0.0200% / 0.0320%  VIP 7 | |
Gate.io | د.ك0.05322 | 0.1000% / 0.1000% | Yes |
Last updated 2024/10/31 08:00:11(UTC+0)
How to buy Ref Finance
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 Ref Finance (REF)
Use a variety of payment options to buy Ref Finance on Bitget. We'll show you how.
Buy REF (or USDT) for KWD (Kuwaiti Dinar) offers
Bitget P2P trading does not currently support direct buying of REF with KWD. However, you can buy USDT in Bitget P2P trading first, and then buy REF 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 REF (or USDT) for KWD (Kuwaiti Dinar) offers
Bitget P2P trading currently does not support direct selling of REF to KWD. However, you can first exchange REF 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 Ref Finance to Kuwaiti Dinar?
Ref Finance to Kuwaiti Dinar is falling this week.Ref Finance's current market price is د.ك 0.05269 per REF, with a total market cap of د.ك 1,895,048.75 KWD based on a circulating supply of 35,967,756 REF. The trading volume of Ref Finance has changed by -27.12% (د.ك -9,871.26 KWD) in the last 24 hours. Last trading day, REF's trading volume was د.ك 36,398.72.
Market cap
$6.18M
24h volume
$86.58K
Circulating supply
35.97M REF
Conversion tables
The exchange rate of Ref Finance is decreasing.1 REF is currently valued at د.ك 0.05269 KWD , which means buying 5 REF will cost د.ك 0.2634 KWD . Similarly, د.ك1 KWD can be traded for 18.98 REF, and د.ك50 KWD can be converted to 948.99 REF, excluding any platform or gas fees.
The exchange rate of 1 REF to Kuwaiti Dinar has changed by -4.16% in the last 7 days. In the last 24 hours, the rate has fluctuated by -2.25%, reaching a high of 0.05436 KWD and a low of 0.05269 KWD . One month ago, the value of 1 REF was د.ك 0.07047 KWD , which represents a -25.23% change from its current value. Over the last year, Ref Finance has changed by , resulting in a change of +159.06% in its value.
+د.ك
0.03236KWDREF to KWD
Amount
09:08 am today
0.5 REF
د.ك0.02634
1 REF
د.ك0.05269
5 REF
د.ك0.2634
10 REF
د.ك0.5269
50 REF
د.ك2.63
100 REF
د.ك5.27
500 REF
د.ك26.34
1000 REF
د.ك52.69
KWD to REF
Amount09:08 am today
0.5KWD9.49 REF
1KWD18.98 REF
5KWD94.9 REF
10KWD189.8 REF
50KWD948.99 REF
100KWD1,897.99 REF
500KWD9,489.93 REF
1000KWD18,979.86 REF
Today vs. 24 hours ago
| Amount | 09:08 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 REF | $0.08598 | $0.08796 | -2.25% |
| 1 REF | $0.1720 | $0.1759 | -2.25% |
| 5 REF | $0.8598 | $0.8796 | -2.25% |
| 10 REF | $1.72 | $1.76 | -2.25% |
| 50 REF | $8.6 | $8.8 | -2.25% |
| 100 REF | $17.2 | $17.59 | -2.25% |
| 500 REF | $85.98 | $87.96 | -2.25% |
| 1000 REF | $171.96 | $175.91 | -2.25% |
Today vs. 1 month ago
| Amount | 09:08 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 REF | $0.08598 | $0.1150 | -25.23% |
| 1 REF | $0.1720 | $0.2300 | -25.23% |
| 5 REF | $0.8598 | $1.15 | -25.23% |
| 10 REF | $1.72 | $2.3 | -25.23% |
| 50 REF | $8.6 | $11.5 | -25.23% |
| 100 REF | $17.2 | $23 | -25.23% |
| 500 REF | $85.98 | $115 | -25.23% |
| 1000 REF | $171.96 | $229.99 | -25.23% |
Today vs. 1 year ago
| Amount | 09:08 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 REF | $0.08598 | $0.03318 | +159.06% |
| 1 REF | $0.1720 | $0.06636 | +159.06% |
| 5 REF | $0.8598 | $0.3318 | +159.06% |
| 10 REF | $1.72 | $0.6636 | +159.06% |
| 50 REF | $8.6 | $3.32 | +159.06% |
| 100 REF | $17.2 | $6.64 | +159.06% |
| 500 REF | $85.98 | $33.18 | +159.06% |
| 1000 REF | $171.96 | $66.36 | +159.06% |
Ref Finance price prediction
What will the price of REF be in 2025?
Based on REF's historical price performance prediction model, the price of REF is projected to reach $0.2308 in 2025.
What will the price of REF be in 2030?
In 2030, the REF price is expected to change by -16.00%. By the end of 2030, the REF price is projected to reach $0.4886, with a cumulative ROI of +170.90%.
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Popular Ref Finance conversions
Check out these popular currency conversions of Ref Finance to several fiat currencies.
Ref Finance to USD
1 REF to $ 0.1720 USD
Ref Finance to GBP
1 REF to £ 0.1326 GBP
Ref Finance to EUR
1 REF to € 0.1584 EUR
Ref Finance to KRW
1 REF to ₩ 237.35 KRW
Ref Finance to CAD
1 REF to $ 0.2393 CAD
Ref Finance to AUD
1 REF to $ 0.2615 AUD
Ref Finance to JPY
1 REF to ¥ 26.2 JPY
Ref Finance to BRL
1 REF to R$ 0.9912 BRL
Ref Finance to CNY
1 REF to ¥ 1.23 CNY
Ref Finance to TWD
1 REF to NT$ 5.49 TWD
Popular cryptocurrencies to KWD
Explore other cryptocurrencies based on your interest in Ref Finance.
AI Companions to KWD
1 AIC to د.ك 0.02882 KWD
Hooked Protocol to KWD
1 HOOK to د.ك 0.1206 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 22,137.71 KWD
Solana to KWD
1 SOL to د.ك 53.34 KWD
Sui to KWD
1 SUI to د.ك 0.6282 KWD
Celestia to KWD
1 TIA to د.ك 1.42 KWD
Ethereum to KWD
1 ETH to د.ك 807.66 KWD
Dogecoin to KWD
1 DOGE to د.ك 0.05199 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 Ref Finance 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 Ref Finance 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 Ref Finance 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.
