PAXG
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 PAX Gold(PAXG) to Kuwaiti Dinar(KWD). This is the real-time data. The current conversion shows 1 PAXG at a value of 1 PAXG for 807.86 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 PAX Gold currency pair is the PAXG to KWD, with for PAX Gold's currency code being PAXG. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for KWD.
PAXG to KWD conversion rate trend
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In the past 1D, PAX Gold has changed -0.07% to KWD. Based on the trend and price charts, PAX Gold(PAXG) has changed -0.07% to KWD while Kuwaiti Dinar(KWD) has changed % to PAXG in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | د.ك808.02 | 0.0200% / 0.0320%  VIP 7 | |
Binance | د.ك807.71 | 0.1000% / 0.1000% | Yes |
Bybit | د.ك810.48 | 0.1000% / 0.1000% | Yes |
KuCoin | د.ك807.37 | 0.1000% / 0.1000% | Yes |
Last updated 2024/12/22 08:00:23(UTC+0)
How to buy PAX Gold
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Buy PAX Gold (PAXG)
Use a variety of payment options to buy PAX Gold on Bitget. We'll show you how.
Learn MoreBuy PAXG (or USDT) for KWD (Kuwaiti Dinar) offers
Bitget P2P trading does not currently support direct buying of PAXG with KWD. However, you can buy USDT in Bitget P2P trading first, and then buy PAXG 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 PAXG (or USDT) for KWD (Kuwaiti Dinar) offers
Bitget P2P trading currently does not support direct selling of PAXG to KWD. However, you can first exchange PAXG 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 PAX Gold to Kuwaiti Dinar?
PAX Gold to Kuwaiti Dinar is falling this week.PAX Gold's current market price is د.ك 807.86 per PAXG, with a total market cap of د.ك 160,578,862.52 KWD based on a circulating supply of 198,770.44 PAXG. The trading volume of PAX Gold has changed by -62.90% (د.ك -4,530,531.64 KWD) in the last 24 hours. Last trading day, PAXG's trading volume was د.ك 7,202,890.42.
Market cap
$521.87M
24h volume
$8.68M
Circulating supply
198.77K PAXG
Conversion tables
The exchange rate of PAX Gold is decreasing.1 PAXG is currently valued at د.ك 807.86 KWD , which means buying 5 PAXG will cost د.ك 4,039.3 KWD . Similarly, د.ك1 KWD can be traded for 0.001238 PAXG, and د.ك50 KWD can be converted to 0.06189 PAXG, excluding any platform or gas fees.
The exchange rate of 1 PAXG to Kuwaiti Dinar has changed by -1.05% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.07%, reaching a high of 809.69 KWD and a low of 805.52 KWD . One month ago, the value of 1 PAXG was د.ك 829.67 KWD , which represents a -2.63% change from its current value. Over the last year, PAX Gold has changed by , resulting in a change of +29.06% in its value.
+د.ك
28.07KWDPAXG to KWD
Amount
08:49 am today
0.5 PAXG
د.ك403.93
1 PAXG
د.ك807.86
5 PAXG
د.ك4,039.3
10 PAXG
د.ك8,078.61
50 PAXG
د.ك40,393.04
100 PAXG
د.ك80,786.09
500 PAXG
د.ك403,930.44
1000 PAXG
د.ك807,860.87
KWD to PAXG
Amount08:49 am today
0.5KWD0.0006189 PAXG
1KWD0.001238 PAXG
5KWD0.006189 PAXG
10KWD0.01238 PAXG
50KWD0.06189 PAXG
100KWD0.1238 PAXG
500KWD0.6189 PAXG
1000KWD1.24 PAXG
Today vs. 24 hours ago
| Amount | 08:49 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 PAXG | $1,312.74 | $1,313.6 | -0.07% |
| 1 PAXG | $2,625.48 | $2,627.2 | -0.07% |
| 5 PAXG | $13,127.41 | $13,135.99 | -0.07% |
| 10 PAXG | $26,254.82 | $26,271.98 | -0.07% |
| 50 PAXG | $131,274.11 | $131,359.88 | -0.07% |
| 100 PAXG | $262,548.22 | $262,719.75 | -0.07% |
| 500 PAXG | $1,312,741.1 | $1,313,598.75 | -0.07% |
| 1000 PAXG | $2,625,482.2 | $2,627,197.5 | -0.07% |
Today vs. 1 month ago
| Amount | 08:49 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 PAXG | $1,312.74 | $1,348.18 | -2.63% |
| 1 PAXG | $2,625.48 | $2,696.36 | -2.63% |
| 5 PAXG | $13,127.41 | $13,481.81 | -2.63% |
| 10 PAXG | $26,254.82 | $26,963.61 | -2.63% |
| 50 PAXG | $131,274.11 | $134,818.05 | -2.63% |
| 100 PAXG | $262,548.22 | $269,636.1 | -2.63% |
| 500 PAXG | $1,312,741.1 | $1,348,180.5 | -2.63% |
| 1000 PAXG | $2,625,482.2 | $2,696,361 | -2.63% |
Today vs. 1 year ago
| Amount | 08:49 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 PAXG | $1,312.74 | $1,017.13 | +29.06% |
| 1 PAXG | $2,625.48 | $2,034.25 | +29.06% |
| 5 PAXG | $13,127.41 | $10,171.27 | +29.06% |
| 10 PAXG | $26,254.82 | $20,342.54 | +29.06% |
| 50 PAXG | $131,274.11 | $101,712.72 | +29.06% |
| 100 PAXG | $262,548.22 | $203,425.44 | +29.06% |
| 500 PAXG | $1,312,741.1 | $1,017,127.2 | +29.06% |
| 1000 PAXG | $2,625,482.2 | $2,034,254.4 | +29.06% |
PAX Gold price prediction
What will the price of PAXG be in 2025?
Based on PAXG's historical price performance prediction model, the price of PAXG is projected to reach $3,395.49 in 2025.
What will the price of PAXG be in 2030?
In 2030, the PAXG price is expected to change by -18.00%. By the end of 2030, the PAXG price is projected to reach $4,989.48, with a cumulative ROI of +90.40%.
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Popular PAX Gold conversions
Check out these popular currency conversions of PAX Gold to several fiat currencies.
PAX Gold to USD
1 PAXG to $ 2,625.48 USD
PAX Gold to GBP
1 PAXG to £ 2,089.1 GBP
PAX Gold to EUR
1 PAXG to € 2,517.05 EUR
PAX Gold to KRW
1 PAXG to ₩ 3,797,549.96 KRW
PAX Gold to CAD
1 PAXG to $ 3,774.13 CAD
PAX Gold to AUD
1 PAXG to $ 4,199.2 AUD
PAX Gold to JPY
1 PAXG to ¥ 410,769.82 JPY
PAX Gold to BRL
1 PAXG to R$ 15,978.68 BRL
PAX Gold to CNY
1 PAXG to ¥ 19,160.24 CNY
PAX Gold to TWD
1 PAXG to NT$ 85,672.11 TWD
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1 BABYPENGU to د.ك 0.05200 KWD
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1 HEX to د.ك 0.005630 KWD
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1 JUNO to د.ك 0.08690 KWD
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1 DF to د.ك 0.02530 KWD
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1 PLSX to د.ك 0.{4}1161 KWD
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1 SHOGGOTH to د.ك 0.01609 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 PAX Gold 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 PAX Gold 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 PAX Gold 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.
