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base info Metal DAO

Metal DAO to Kuwaiti Dinar Converter and calculator

Convert 1Metal DAO (MTL) to Kuwaiti Dinar (KWD) equals د.ك 0.3451 | Bitget
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Last updated 2024/12/21 15:57:53 (UTC+0)Refreshrefresh
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Bitget converter offers real-time exchange rates, allowing for easy conversion of Metal DAO(MTL) to Kuwaiti Dinar(KWD). This is the real-time data. The current conversion shows 1 MTL at a value of 1 MTL for 0.35 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 Metal DAO currency pair is the MTL to KWD, with for Metal DAO's currency code being MTL. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for KWD.

MTL to KWD conversion rate trend

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Live Metal DAO (MTL) price chart
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In the past 1D, Metal DAO has changed +3.84% to KWD. Based on the trend and price charts, Metal DAO(MTL) has changed +3.84% to KWD while Kuwaiti Dinar(KWD) has changed -3.69% to MTL in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
د.ك0.3680
0.0200% / 0.0320%vip-iconVIP 7
Binance
د.ك0.3671
0.1000% / 0.1000%
Yes
Huobi
د.ك0.4133
0.1000% / 0.1000%
Yes
Gate.io
د.ك0.3676
0.1000% / 0.1000%
Yes
KuCoin
د.ك0.3675
0.1000% / 0.1000%
Yes
Last updated 2024/12/21 08:00:19(UTC+0)

How to buy Metal DAO

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Buy Metal DAO (MTL)
Use a variety of payment options to buy Metal DAO on Bitget. We'll show you how.

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

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

Bitget P2P trading currently does not support direct selling of MTL to KWD. However, you can first exchange MTL 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 Metal DAO to Kuwaiti Dinar?

Metal DAO to Kuwaiti Dinar is falling this week.
Metal DAO's current market price is د.ك 0.3451 per MTL, with a total market cap of د.ك 27,122,640.63 KWD based on a circulating supply of 78,588,900 MTL. The trading volume of Metal DAO has changed by -44.24% (د.ك -2,281,199.68 KWD) in the last 24 hours. Last trading day, MTL's trading volume was د.ك 5,156,290.6.
Market cap
$88.15M
24h volume
$9.34M
Circulating supply
78.59M MTL

Conversion tables

The exchange rate of Metal DAO is decreasing.
1 MTL is currently valued at د.ك 0.3451 KWD , which means buying 5 MTL will cost د.ك 1.73 KWD . Similarly, د.ك1 KWD can be traded for 2.9 MTL, and د.ك50 KWD can be converted to 144.88 MTL, excluding any platform or gas fees.
The exchange rate of 1 MTL to Kuwaiti Dinar has changed by -18.16% in the last 7 days. In the last 24 hours, the rate has fluctuated by +3.84%, reaching a high of 0.3765 KWD and a low of 0.3317 KWD . One month ago, the value of 1 MTL was د.ك 0.3630 KWD , which represents a -4.92% change from its current value. Over the last year, Metal DAO has changed by
-د.ك
0.1539KWD
, resulting in a change of -30.83% in its value.

MTL to KWD

Amount
15:57 today
0.5 MTL
د.ك0.1726
1 MTL
د.ك0.3451
5 MTL
د.ك1.73
10 MTL
د.ك3.45
50 MTL
د.ك17.26
100 MTL
د.ك34.51
500 MTL
د.ك172.56
1000 MTL
د.ك345.12

KWD to MTL

Amount15:57 today
0.5KWD1.45  MTL
1KWD2.9  MTL
5KWD14.49  MTL
10KWD28.98  MTL
50KWD144.88  MTL
100KWD289.75  MTL
500KWD1,448.77  MTL
1000KWD2,897.54  MTL

Today vs. 24 hours ago

Amount15:57 today24 hours ago24h change
0.5 MTL$0.5608$0.5401
+3.84%
1 MTL$1.12$1.08
+3.84%
5 MTL$5.61$5.4
+3.84%
10 MTL$11.22$10.8
+3.84%
50 MTL$56.08$54.01
+3.84%
100 MTL$112.16$108.02
+3.84%
500 MTL$560.81$540.08
+3.84%
1000 MTL$1,121.61$1,080.16
+3.84%

Today vs. 1 month ago

Amount15:57 today1 month ago1M change
0.5 MTL$0.5608$0.5898
-4.92%
1 MTL$1.12$1.18
-4.92%
5 MTL$5.61$5.9
-4.92%
10 MTL$11.22$11.8
-4.92%
50 MTL$56.08$58.98
-4.92%
100 MTL$112.16$117.97
-4.92%
500 MTL$560.81$589.84
-4.92%
1000 MTL$1,121.61$1,179.68
-4.92%

Today vs. 1 year ago

Amount15:57 today1 year ago1Y change
0.5 MTL$0.5608$0.8109
-30.83%
1 MTL$1.12$1.62
-30.83%
5 MTL$5.61$8.11
-30.83%
10 MTL$11.22$16.22
-30.83%
50 MTL$56.08$81.09
-30.83%
100 MTL$112.16$162.17
-30.83%
500 MTL$560.81$810.87
-30.83%
1000 MTL$1,121.61$1,621.73
-30.83%

Metal DAO price prediction

What will the price of MTL be in 2025?

Based on MTL's historical price performance prediction model, the price of MTL is projected to reach $1.37 in 2025.

What will the price of MTL be in 2030?

In 2030, the MTL price is expected to change by -8.00%. By the end of 2030, the MTL price is projected to reach $2.63, with a cumulative ROI of +135.35%.

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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.