SOFI
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 RAI Finance(SOFI) to Kuwaiti Dinar(KWD). This is the real-time data. The current conversion shows 1 SOFI at a value of 1 SOFI 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 RAI Finance currency pair is the SOFI to KWD, with for RAI Finance's currency code being SOFI. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for KWD.
SOFI to KWD conversion rate trend
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In the past 1D, RAI Finance has changed -2.89% to KWD. Based on the trend and price charts, RAI Finance(SOFI) has changed -2.89% to KWD while Kuwaiti Dinar(KWD) has changed % to SOFI in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | د.ك0.003309 | 0.0200% / 0.0320%  VIP 7 | |
Huobi | د.ك0.003383 | 0.1000% / 0.1000% | Yes |
Last updated 2024/11/24 08:00:12(UTC+0)
How to buy RAI 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 RAI Finance (SOFI)
Use a variety of payment options to buy RAI Finance on Bitget. We'll show you how.
Buy SOFI (or USDT) for KWD (Kuwaiti Dinar) offers
Bitget P2P trading does not currently support direct buying of SOFI with KWD. However, you can buy USDT in Bitget P2P trading first, and then buy SOFI 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 SOFI (or USDT) for KWD (Kuwaiti Dinar) offers
Bitget P2P trading currently does not support direct selling of SOFI to KWD. However, you can first exchange SOFI 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 RAI Finance to Kuwaiti Dinar?
RAI Finance to Kuwaiti Dinar is rising this week.RAI Finance's current market price is د.ك 0.003255 per SOFI, with a total market cap of د.ك 1,713,749.59 KWD based on a circulating supply of 526,553,100 SOFI. The trading volume of RAI Finance has changed by +38.17% (د.ك 91,415.97 KWD) in the last 24 hours. Last trading day, SOFI's trading volume was د.ك 239,488.13.
Market cap
$5.57M
24h volume
$1.08M
Circulating supply
526.55M SOFI
Conversion tables
The exchange rate of RAI Finance is increasing.1 SOFI is currently valued at د.ك 0.003255 KWD , which means buying 5 SOFI will cost د.ك 0.01627 KWD . Similarly, د.ك1 KWD can be traded for 307.25 SOFI, and د.ك50 KWD can be converted to 15,362.6 SOFI, excluding any platform or gas fees.
The exchange rate of 1 SOFI to Kuwaiti Dinar has changed by +3.92% in the last 7 days. In the last 24 hours, the rate has fluctuated by -2.89%, reaching a high of 0.003382 KWD and a low of 0.003167 KWD . One month ago, the value of 1 SOFI was د.ك 0.003215 KWD , which represents a +1.25% change from its current value. Over the last year, RAI Finance has changed by , resulting in a change of -50.65% in its value.
-د.ك
0.003330KWDSOFI to KWD
Amount
14:17 today
0.5 SOFI
د.ك0.001627
1 SOFI
د.ك0.003255
5 SOFI
د.ك0.01627
10 SOFI
د.ك0.03255
50 SOFI
د.ك0.1627
100 SOFI
د.ك0.3255
500 SOFI
د.ك1.63
1000 SOFI
د.ك3.25
KWD to SOFI
Amount14:17 today
0.5KWD153.63 SOFI
1KWD307.25 SOFI
5KWD1,536.26 SOFI
10KWD3,072.52 SOFI
50KWD15,362.6 SOFI
100KWD30,725.21 SOFI
500KWD153,626.04 SOFI
1000KWD307,252.08 SOFI
Today vs. 24 hours ago
| Amount | 14:17 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 SOFI | $0.005289 | $0.005445 | -2.89% |
| 1 SOFI | $0.01058 | $0.01089 | -2.89% |
| 5 SOFI | $0.05289 | $0.05445 | -2.89% |
| 10 SOFI | $0.1058 | $0.1089 | -2.89% |
| 50 SOFI | $0.5289 | $0.5445 | -2.89% |
| 100 SOFI | $1.06 | $1.09 | -2.89% |
| 500 SOFI | $5.29 | $5.45 | -2.89% |
| 1000 SOFI | $10.58 | $10.89 | -2.89% |
Today vs. 1 month ago
| Amount | 14:17 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 SOFI | $0.005289 | $0.005224 | +1.25% |
| 1 SOFI | $0.01058 | $0.01045 | +1.25% |
| 5 SOFI | $0.05289 | $0.05224 | +1.25% |
| 10 SOFI | $0.1058 | $0.1045 | +1.25% |
| 50 SOFI | $0.5289 | $0.5224 | +1.25% |
| 100 SOFI | $1.06 | $1.04 | +1.25% |
| 500 SOFI | $5.29 | $5.22 | +1.25% |
| 1000 SOFI | $10.58 | $10.45 | +1.25% |
Today vs. 1 year ago
| Amount | 14:17 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 SOFI | $0.005289 | $0.01070 | -50.65% |
| 1 SOFI | $0.01058 | $0.02140 | -50.65% |
| 5 SOFI | $0.05289 | $0.1070 | -50.65% |
| 10 SOFI | $0.1058 | $0.2140 | -50.65% |
| 50 SOFI | $0.5289 | $1.07 | -50.65% |
| 100 SOFI | $1.06 | $2.14 | -50.65% |
| 500 SOFI | $5.29 | $10.7 | -50.65% |
| 1000 SOFI | $10.58 | $21.4 | -50.65% |
RAI Finance price prediction
What will the price of SOFI be in 2025?
Based on SOFI's historical price performance prediction model, the price of SOFI is projected to reach $0.01435 in 2025.
What will the price of SOFI be in 2030?
In 2030, the SOFI price is expected to change by -18.00%. By the end of 2030, the SOFI price is projected to reach $0.02596, with a cumulative ROI of +155.83%.
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Popular RAI Finance conversions
Check out these popular currency conversions of RAI Finance to several fiat currencies.
RAI Finance to USD
1 SOFI to $ 0.01058 USD
RAI Finance to GBP
1 SOFI to £ 0.008441 GBP
RAI Finance to EUR
1 SOFI to € 0.01015 EUR
RAI Finance to KRW
1 SOFI to ₩ 14.86 KRW
RAI Finance to CAD
1 SOFI to $ 0.01484 CAD
RAI Finance to AUD
1 SOFI to $ 0.01626 AUD
RAI Finance to JPY
1 SOFI to ¥ 1.64 JPY
RAI Finance to BRL
1 SOFI to R$ 0.06136 BRL
RAI Finance to CNY
1 SOFI to ¥ 0.07670 CNY
RAI Finance to TWD
1 SOFI to NT$ 0.3446 TWD
Popular cryptocurrencies to KWD
Explore other cryptocurrencies based on your interest in RAI Finance.
Bitcoin to KWD
1 BTC to د.ك 29,853.75 KWD
MAD to KWD
1 MAD to د.ك 0.{4}1148 KWD
XRP to KWD
1 XRP to د.ك 0.4180 KWD
Stellar to KWD
1 XLM to د.ك 0.1586 KWD
Kusama to KWD
1 KSM to د.ك 11.85 KWD
Dogecoin to KWD
1 DOGE to د.ك 0.1269 KWD
Hedera to KWD
1 HBAR to د.ك 0.04367 KWD
Cardano to KWD
1 ADA to د.ك 0.3037 KWD
Polkadot to KWD
1 DOT to د.ك 2.66 KWD
Solana to KWD
1 SOL to د.ك 75.71 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 RAI 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 RAI 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 RAI 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.
