MAGIK
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 Magik Finance(MAGIK) to Kuwaiti Dinar(KWD). This is the real-time data. The current conversion shows 1 MAGIK at a value of 1 MAGIK 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 Magik Finance currency pair is the MAGIK to KWD, with for Magik Finance's currency code being MAGIK. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for KWD.
MAGIK to KWD conversion rate trend
1D7D1M3M1YAll
In the past 1D, Magik Finance has changed +157.64% to KWD. Based on the trend and price charts, Magik Finance(MAGIK) has changed +157.64% to KWD while Kuwaiti Dinar(KWD) has changed % to MAGIK in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | د.ك0.004768 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/11/20 00:34:50(UTC+0)
How to buy Magik 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 Magik Finance (MAGIK)
Use a variety of payment options to buy Magik Finance on Bitget. We'll show you how.
Buy MAGIK (or USDT) for KWD (Kuwaiti Dinar) offers
Bitget P2P trading does not currently support direct buying of MAGIK with KWD. However, you can buy USDT in Bitget P2P trading first, and then buy MAGIK 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 MAGIK (or USDT) for KWD (Kuwaiti Dinar) offers
Bitget P2P trading currently does not support direct selling of MAGIK to KWD. However, you can first exchange MAGIK 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 Magik Finance to Kuwaiti Dinar?
Magik Finance to Kuwaiti Dinar is rising this week.Magik Finance's current market price is د.ك 0.004768 per MAGIK, with a total market cap of د.ك 0 KWD based on a circulating supply of -- MAGIK. The trading volume of Magik Finance has changed by -68.07% (د.ك -1.59 KWD) in the last 24 hours. Last trading day, MAGIK's trading volume was د.ك 2.34.
Market cap
$0
24h volume
$2.43217739
Circulating supply
0 MAGIK
Conversion tables
The exchange rate of Magik Finance is increasing.1 MAGIK is currently valued at د.ك 0.004768 KWD , which means buying 5 MAGIK will cost د.ك 0.02384 KWD . Similarly, د.ك1 KWD can be traded for 209.74 MAGIK, and د.ك50 KWD can be converted to 10,486.87 MAGIK, excluding any platform or gas fees.
The exchange rate of 1 MAGIK to Kuwaiti Dinar has changed by +184.77% in the last 7 days. In the last 24 hours, the rate has fluctuated by +157.64%, reaching a high of 0.01310 KWD and a low of 0.005070 KWD . One month ago, the value of 1 MAGIK was د.ك -0.00 KWD , which represents a +206.58% change from its current value. Over the last year, Magik Finance has changed by , resulting in a change of -75.17% in its value.
-د.ك
0.03916KWDMAGIK to KWD
Amount
03:44 am today
0.5 MAGIK
د.ك0.002384
1 MAGIK
د.ك0.004768
5 MAGIK
د.ك0.02384
10 MAGIK
د.ك0.04768
50 MAGIK
د.ك0.2384
100 MAGIK
د.ك0.4768
500 MAGIK
د.ك2.38
1000 MAGIK
د.ك4.77
KWD to MAGIK
Amount03:44 am today
0.5KWD104.87 MAGIK
1KWD209.74 MAGIK
5KWD1,048.69 MAGIK
10KWD2,097.37 MAGIK
50KWD10,486.87 MAGIK
100KWD20,973.74 MAGIK
500KWD104,868.71 MAGIK
1000KWD209,737.41 MAGIK
Today vs. 24 hours ago
| Amount | 03:44 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 MAGIK | $0.007755 | $-0.005259 | +157.64% |
| 1 MAGIK | $0.01551 | $-0.01052 | +157.64% |
| 5 MAGIK | $0.07755 | $-0.05259 | +157.64% |
| 10 MAGIK | $0.1551 | $-0.1052 | +157.64% |
| 50 MAGIK | $0.7755 | $-0.5259 | +157.64% |
| 100 MAGIK | $1.55 | $-1.05180 | +157.64% |
| 500 MAGIK | $7.76 | $-5.2590 | +157.64% |
| 1000 MAGIK | $15.51 | $-10.5180 | +157.64% |
Today vs. 1 month ago
| Amount | 03:44 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 MAGIK | $0.007755 | $-0.006423 | +206.58% |
| 1 MAGIK | $0.01551 | $-0.01285 | +206.58% |
| 5 MAGIK | $0.07755 | $-0.06423 | +206.58% |
| 10 MAGIK | $0.1551 | $-0.1285 | +206.58% |
| 50 MAGIK | $0.7755 | $-0.6423 | +206.58% |
| 100 MAGIK | $1.55 | $-1.2846 | +206.58% |
| 500 MAGIK | $7.76 | $-6.4229 | +206.58% |
| 1000 MAGIK | $15.51 | $-12.8458 | +206.58% |
Today vs. 1 year ago
| Amount | 03:44 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 MAGIK | $0.007755 | $0.07145 | -75.17% |
| 1 MAGIK | $0.01551 | $0.1429 | -75.17% |
| 5 MAGIK | $0.07755 | $0.7145 | -75.17% |
| 10 MAGIK | $0.1551 | $1.43 | -75.17% |
| 50 MAGIK | $0.7755 | $7.14 | -75.17% |
| 100 MAGIK | $1.55 | $14.29 | -75.17% |
| 500 MAGIK | $7.76 | $71.45 | -75.17% |
| 1000 MAGIK | $15.51 | $142.89 | -75.17% |
Magik Finance price prediction
What will the price of MAGIK be in 2025?
Based on MAGIK's historical price performance prediction model, the price of MAGIK is projected to reach $0.03090 in 2025.
What will the price of MAGIK be in 2030?
In 2030, the MAGIK price is expected to change by -9.00%. By the end of 2030, the MAGIK price is projected to reach $0.06171, with a cumulative ROI of +297.83%.
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Popular Magik Finance conversions
Check out these popular currency conversions of Magik Finance to several fiat currencies.
Magik Finance to USD
1 MAGIK to $ 0.01551 USD
Magik Finance to GBP
1 MAGIK to £ 0.01222 GBP
Magik Finance to EUR
1 MAGIK to € 0.01463 EUR
Magik Finance to KRW
1 MAGIK to ₩ 21.59 KRW
Magik Finance to CAD
1 MAGIK to $ 0.02164 CAD
Magik Finance to AUD
1 MAGIK to $ 0.02373 AUD
Magik Finance to JPY
1 MAGIK to ¥ 2.4 JPY
Magik Finance to BRL
1 MAGIK to R$ 0.08953 BRL
Magik Finance to CNY
1 MAGIK to ¥ 0.1123 CNY
Magik Finance to TWD
1 MAGIK to NT$ 0.5021 TWD
Popular cryptocurrencies to KWD
Explore other cryptocurrencies based on your interest in Magik Finance.
XRP to KWD
1 XRP to د.ك 0.3299 KWD
deadstag to KWD
1 DSTAG to د.ك -- KWD
Solana to KWD
1 SOL to د.ك 71.19 KWD
EGO to KWD
1 EGO to د.ك 0.005877 KWD
Hedera to KWD
1 HBAR to د.ك 0.03819 KWD
Bitcoin to KWD
1 BTC to د.ك 28,244.94 KWD
Raydium to KWD
1 RAY to د.ك 1.6 KWD
Pepe to KWD
1 PEPE to د.ك 0.{5}5822 KWD
Peanut the Squirrel to KWD
1 PNUT to د.ك 0.4951 KWD
Dogecoin to KWD
1 DOGE to د.ك 0.1165 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 Magik 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 Magik 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 Magik 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.
