SMT
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 Swarm Markets(SMT) to Kuwaiti Dinar(KWD). This is the real-time data. The current conversion shows 1 SMT at a value of 1 SMT for 0.06 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 Swarm Markets currency pair is the SMT to KWD, with for Swarm Markets's currency code being SMT. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for KWD.
SMT to KWD conversion rate trend
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In the past 1D, Swarm Markets has changed +4.21% to KWD. Based on the trend and price charts, Swarm Markets(SMT) has changed +4.21% to KWD while Kuwaiti Dinar(KWD) has changed % to SMT in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | د.ك0.05641 | 0.0200% / 0.0320%  VIP 7 | |
Gate.io | د.ك0.05632 | 0.1000% / 0.1000% | Yes |
Last updated 2024/11/22 00:00:21(UTC+0)
How to buy Swarm Markets
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 Swarm Markets (SMT)
Use a variety of payment options to buy Swarm Markets on Bitget. We'll show you how.
Buy SMT (or USDT) for KWD (Kuwaiti Dinar) offers
Bitget P2P trading does not currently support direct buying of SMT with KWD. However, you can buy USDT in Bitget P2P trading first, and then buy SMT 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 SMT (or USDT) for KWD (Kuwaiti Dinar) offers
Bitget P2P trading currently does not support direct selling of SMT to KWD. However, you can first exchange SMT 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 Swarm Markets to Kuwaiti Dinar?
Swarm Markets to Kuwaiti Dinar is falling this week.Swarm Markets's current market price is د.ك 0.05640 per SMT, with a total market cap of د.ك 4,728,664.83 KWD based on a circulating supply of 83,840,136 SMT. The trading volume of Swarm Markets has changed by -10.88% (د.ك -7,510.88 KWD) in the last 24 hours. Last trading day, SMT's trading volume was د.ك 69,026.82.
Market cap
$15.37M
24h volume
$199.99K
Circulating supply
83.84M SMT
Conversion tables
The exchange rate of Swarm Markets is decreasing.1 SMT is currently valued at د.ك 0.05640 KWD , which means buying 5 SMT will cost د.ك 0.2820 KWD . Similarly, د.ك1 KWD can be traded for 17.73 SMT, and د.ك50 KWD can be converted to 886.51 SMT, excluding any platform or gas fees.
The exchange rate of 1 SMT to Kuwaiti Dinar has changed by -5.91% in the last 7 days. In the last 24 hours, the rate has fluctuated by +4.21%, reaching a high of 0.05749 KWD and a low of 0.05138 KWD . One month ago, the value of 1 SMT was د.ك 0.06678 KWD , which represents a -15.56% change from its current value. Over the last year, Swarm Markets has changed by , resulting in a change of -5.53% in its value.
-د.ك
0.003298KWDSMT to KWD
Amount
07:55 am today
0.5 SMT
د.ك0.02820
1 SMT
د.ك0.05640
5 SMT
د.ك0.2820
10 SMT
د.ك0.5640
50 SMT
د.ك2.82
100 SMT
د.ك5.64
500 SMT
د.ك28.2
1000 SMT
د.ك56.4
KWD to SMT
Amount07:55 am today
0.5KWD8.87 SMT
1KWD17.73 SMT
5KWD88.65 SMT
10KWD177.3 SMT
50KWD886.51 SMT
100KWD1,773.02 SMT
500KWD8,865.1 SMT
1000KWD17,730.19 SMT
Today vs. 24 hours ago
| Amount | 07:55 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 SMT | $0.09168 | $0.08798 | +4.21% |
| 1 SMT | $0.1834 | $0.1760 | +4.21% |
| 5 SMT | $0.9168 | $0.8798 | +4.21% |
| 10 SMT | $1.83 | $1.76 | +4.21% |
| 50 SMT | $9.17 | $8.8 | +4.21% |
| 100 SMT | $18.34 | $17.6 | +4.21% |
| 500 SMT | $91.68 | $87.98 | +4.21% |
| 1000 SMT | $183.36 | $175.96 | +4.21% |
Today vs. 1 month ago
| Amount | 07:55 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 SMT | $0.09168 | $0.1086 | -15.56% |
| 1 SMT | $0.1834 | $0.2171 | -15.56% |
| 5 SMT | $0.9168 | $1.09 | -15.56% |
| 10 SMT | $1.83 | $2.17 | -15.56% |
| 50 SMT | $9.17 | $10.86 | -15.56% |
| 100 SMT | $18.34 | $21.71 | -15.56% |
| 500 SMT | $91.68 | $108.56 | -15.56% |
| 1000 SMT | $183.36 | $217.12 | -15.56% |
Today vs. 1 year ago
| Amount | 07:55 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 SMT | $0.09168 | $0.09704 | -5.53% |
| 1 SMT | $0.1834 | $0.1941 | -5.53% |
| 5 SMT | $0.9168 | $0.9704 | -5.53% |
| 10 SMT | $1.83 | $1.94 | -5.53% |
| 50 SMT | $9.17 | $9.7 | -5.53% |
| 100 SMT | $18.34 | $19.41 | -5.53% |
| 500 SMT | $91.68 | $97.04 | -5.53% |
| 1000 SMT | $183.36 | $194.08 | -5.53% |
Swarm Markets price prediction
What will the price of SMT be in 2025?
Based on SMT's historical price performance prediction model, the price of SMT is projected to reach $0.2709 in 2025.
What will the price of SMT be in 2030?
In 2030, the SMT price is expected to change by -13.00%. By the end of 2030, the SMT price is projected to reach $0.3010, with a cumulative ROI of +55.43%.
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Popular Swarm Markets conversions
Check out these popular currency conversions of Swarm Markets to several fiat currencies.
Swarm Markets to USD
1 SMT to $ 0.1834 USD
Swarm Markets to GBP
1 SMT to £ 0.1460 GBP
Swarm Markets to EUR
1 SMT to € 0.1752 EUR
Swarm Markets to KRW
1 SMT to ₩ 257.36 KRW
Swarm Markets to CAD
1 SMT to $ 0.2564 CAD
Swarm Markets to AUD
1 SMT to $ 0.2825 AUD
Swarm Markets to JPY
1 SMT to ¥ 28.39 JPY
Swarm Markets to BRL
1 SMT to R$ 1.07 BRL
Swarm Markets to CNY
1 SMT to ¥ 1.33 CNY
Swarm Markets to TWD
1 SMT to NT$ 5.97 TWD
Popular cryptocurrencies to KWD
Explore other cryptocurrencies based on your interest in Swarm Markets.
MAD to KWD
1 MAD to د.ك -- KWD
Harold to KWD
1 HAROLD to د.ك -- KWD
Bitcoin to KWD
1 BTC to د.ك 30,568.86 KWD
TARS AI to KWD
1 TAI to د.ك 0.05925 KWD
EGO to KWD
1 EGO to د.ك 0.006252 KWD
Just a chill guy to KWD
1 CHILLGUY to د.ك -- KWD
Sharpe AI to KWD
1 SAI to د.ك 0.01112 KWD
XRP to KWD
1 XRP to د.ك 0.4248 KWD
Stellar to KWD
1 XLM to د.ك 0.08605 KWD
Solana to KWD
1 SOL to د.ك 79.96 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 Swarm Markets 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 Swarm Markets 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 Swarm Markets 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.
