SIMP
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 SO-COL(SIMP) to Kuwaiti Dinar(KWD). This is the real-time data. The current conversion shows 1 SIMP at a value of 1 SIMP 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 SO-COL currency pair is the SIMP to KWD, with for SO-COL's currency code being SIMP. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for KWD.
SIMP to KWD conversion rate trend
1D7D1M3M1YAll
In the past 1D, SO-COL has changed -5.64% to KWD. Based on the trend and price charts, SO-COL(SIMP) has changed -5.64% to KWD while Kuwaiti Dinar(KWD) has changed % to SIMP in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | د.ك0.{4}7533 | 0.0200% / 0.0320%  VIP 7 | |
KuCoin | د.ك0.0002187 | 0.1000% / 0.1000% | Yes |
Last updated 2024/09/04 01:00:15(UTC+0)
How to buy SO-COL
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 SO-COL (SIMP)
Use a variety of payment options to buy SO-COL on Bitget. We'll show you how.
Buy SIMP (or USDT) for KWD (Kuwaiti Dinar) offers
Bitget P2P trading does not currently support direct buying of SIMP with KWD. However, you can buy USDT in Bitget P2P trading first, and then buy SIMP with USDT via Bitget spot market.
| Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
|---|
No matching ads found.
Sell SIMP (or USDT) for KWD (Kuwaiti Dinar) offers
Bitget P2P trading currently does not support direct selling of SIMP to KWD. However, you can first exchange SIMP 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 |
|---|
No matching ads found.
What factors influence the conversion rate of SO-COL to Kuwaiti Dinar?
SO-COL to Kuwaiti Dinar is falling this week.SO-COL's current market price is د.ك 0.{4}7533 per SIMP, with a total market cap of د.ك 0 KWD based on a circulating supply of -- SIMP. The trading volume of SO-COL has changed by -90.00% (د.ك -377.74 KWD) in the last 24 hours. Last trading day, SIMP's trading volume was د.ك 419.71.
Market cap
$0
24h volume
$136.40670866
Circulating supply
0 SIMP
Conversion tables
The exchange rate of SO-COL is decreasing.1 SIMP is currently valued at د.ك 0.{4}7533 KWD , which means buying 5 SIMP will cost د.ك 0.0003766 KWD . Similarly, د.ك1 KWD can be traded for 13,275.37 SIMP, and د.ك50 KWD can be converted to 663,768.41 SIMP, excluding any platform or gas fees.
The exchange rate of 1 SIMP to Kuwaiti Dinar has changed by -12.44% in the last 7 days. In the last 24 hours, the rate has fluctuated by -5.64%, reaching a high of 0.{4}7985 KWD and a low of 0.{4}6628 KWD . One month ago, the value of 1 SIMP was د.ك 0.0001182 KWD , which represents a -36.25% change from its current value. Over the last year, SO-COL has changed by , resulting in a change of -87.02% in its value.
-د.ك
0.0005049KWDSIMP to KWD
Amount
21:44 today
0.5 SIMP
د.ك0.{4}3766
1 SIMP
د.ك0.{4}7533
5 SIMP
د.ك0.0003766
10 SIMP
د.ك0.0007533
50 SIMP
د.ك0.003766
100 SIMP
د.ك0.007533
500 SIMP
د.ك0.03766
1000 SIMP
د.ك0.07533
KWD to SIMP
Amount21:44 today
0.5KWD6,637.68 SIMP
1KWD13,275.37 SIMP
5KWD66,376.84 SIMP
10KWD132,753.68 SIMP
50KWD663,768.41 SIMP
100KWD1,327,536.83 SIMP
500KWD6,637,684.15 SIMP
1000KWD13,275,368.3 SIMP
Today vs. 24 hours ago
| Amount | 21:44 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 SIMP | $0.0001224 | $0.0001297 | -5.64% |
| 1 SIMP | $0.0002448 | $0.0002594 | -5.64% |
| 5 SIMP | $0.001224 | $0.001297 | -5.64% |
| 10 SIMP | $0.002448 | $0.002594 | -5.64% |
| 50 SIMP | $0.01224 | $0.01297 | -5.64% |
| 100 SIMP | $0.02448 | $0.02594 | -5.64% |
| 500 SIMP | $0.1224 | $0.1297 | -5.64% |
| 1000 SIMP | $0.2448 | $0.2594 | -5.64% |
Today vs. 1 month ago
| Amount | 21:44 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 SIMP | $0.0001224 | $0.0001920 | -36.25% |
| 1 SIMP | $0.0002448 | $0.0003840 | -36.25% |
| 5 SIMP | $0.001224 | $0.001920 | -36.25% |
| 10 SIMP | $0.002448 | $0.003840 | -36.25% |
| 50 SIMP | $0.01224 | $0.01920 | -36.25% |
| 100 SIMP | $0.02448 | $0.03840 | -36.25% |
| 500 SIMP | $0.1224 | $0.1920 | -36.25% |
| 1000 SIMP | $0.2448 | $0.3840 | -36.25% |
Today vs. 1 year ago
| Amount | 21:44 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 SIMP | $0.0001224 | $0.0009428 | -87.02% |
| 1 SIMP | $0.0002448 | $0.001886 | -87.02% |
| 5 SIMP | $0.001224 | $0.009428 | -87.02% |
| 10 SIMP | $0.002448 | $0.01886 | -87.02% |
| 50 SIMP | $0.01224 | $0.09428 | -87.02% |
| 100 SIMP | $0.02448 | $0.1886 | -87.02% |
| 500 SIMP | $0.1224 | $0.9428 | -87.02% |
| 1000 SIMP | $0.2448 | $1.89 | -87.02% |
SO-COL price prediction
What will the price of SIMP be in 2025?
Based on SIMP's historical price performance prediction model, the price of SIMP is projected to reach $0.0007218 in 2025.
What will the price of SIMP be in 2030?
In 2030, the SIMP price is expected to change by +6.00%. By the end of 2030, the SIMP price is projected to reach $0.001328, with a cumulative ROI of +477.04%.
Other crypto price predictions
Bitcoin(BTC)Price predictions
Ethereum(ETH)Price predictions
Celestia(TIA)Price predictions
Solana(SOL)Price predictions
Worldcoin(WLD)Price predictions
Bittensor(TAO)Price predictions
Dogecoin(DOGE)Price predictions
PepeCoin(PEPECOIN)Price predictions
Pandora(PANDORA)Price predictions
ORDI(ORDI)Price predictions
Bitget Earn
A safe, convenient, and professional platform to maximize your crypto asset profits.
Coin
APR
Action
Purchase other cryptocurrencies with similar market cap
Popular SO-COL conversions
Check out these popular currency conversions of SO-COL to several fiat currencies.
SO-COL to USD
1 SIMP to $ 0.0002448 USD
SO-COL to GBP
1 SIMP to £ 0.0001947 GBP
SO-COL to EUR
1 SIMP to € 0.0002340 EUR
SO-COL to KRW
1 SIMP to ₩ 0.3438 KRW
SO-COL to CAD
1 SIMP to $ 0.0003419 CAD
SO-COL to AUD
1 SIMP to $ 0.0003749 AUD
SO-COL to JPY
1 SIMP to ¥ 0.03775 JPY
SO-COL to BRL
1 SIMP to R$ 0.001420 BRL
SO-COL to CNY
1 SIMP to ¥ 0.001775 CNY
SO-COL to TWD
1 SIMP to NT$ 0.007977 TWD
Popular cryptocurrencies to KWD
Explore other cryptocurrencies based on your interest in SO-COL.
Bitcoin to KWD
1 BTC to د.ك 29,760.22 KWD
MAD to KWD
1 MAD to د.ك 0.{4}1175 KWD
XRP to KWD
1 XRP to د.ك 0.4337 KWD
Stellar to KWD
1 XLM to د.ك 0.1759 KWD
Kusama to KWD
1 KSM to د.ك 12.41 KWD
Dogecoin to KWD
1 DOGE to د.ك 0.1302 KWD
Hedera to KWD
1 HBAR to د.ك 0.04479 KWD
Cardano to KWD
1 ADA to د.ك 0.3101 KWD
Polkadot to KWD
1 DOT to د.ك 2.68 KWD
Solana to KWD
1 SOL to د.ك 76.98 KWD
Discover more cryptocurrencies
Here are the top 20 cryptocurrencies by market cap.
Latest coin listings on Bitget
New listings
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 SO-COL 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 SO-COL 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 SO-COL 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.
