PRL
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 The Parallel(PRL) to Kuwaiti Dinar(KWD). This is the real-time data. The current conversion shows 1 PRL at a value of 1 PRL 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 The Parallel currency pair is the PRL to KWD, with for The Parallel's currency code being PRL. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for KWD.
PRL to KWD conversion rate trend
1D7D1M3M1YAll
In the past 1D, The Parallel has changed +0.05% to KWD. Based on the trend and price charts, The Parallel(PRL) has changed +0.05% to KWD while Kuwaiti Dinar(KWD) has changed % to PRL in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | د.ك0.0001787 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/11/15 00:34:43(UTC+0)
How to buy The Parallel
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Verify your identity by entering your personal information and uploading a valid photo ID.
Buy The Parallel (PRL)
Use a variety of payment options to buy The Parallel on Bitget. We'll show you how.
Buy PRL (or USDT) for KWD (Kuwaiti Dinar) offers
Bitget P2P trading does not currently support direct buying of PRL with KWD. However, you can buy USDT in Bitget P2P trading first, and then buy PRL 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 PRL (or USDT) for KWD (Kuwaiti Dinar) offers
Bitget P2P trading currently does not support direct selling of PRL to KWD. However, you can first exchange PRL 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 The Parallel to Kuwaiti Dinar?
The Parallel to Kuwaiti Dinar is falling this week.The Parallel's current market price is د.ك 0.0001787 per PRL, with a total market cap of د.ك 0 KWD based on a circulating supply of -- PRL. The trading volume of The Parallel has changed by -99.97% (د.ك -203.22 KWD) in the last 24 hours. Last trading day, PRL's trading volume was د.ك 203.29.
Market cap
$0
24h volume
$0.21346558
Circulating supply
0 PRL
Conversion tables
The exchange rate of The Parallel is decreasing.1 PRL is currently valued at د.ك 0.0001787 KWD , which means buying 5 PRL will cost د.ك 0.0008937 KWD . Similarly, د.ك1 KWD can be traded for 5,594.84 PRL, and د.ك50 KWD can be converted to 279,742.15 PRL, excluding any platform or gas fees.
The exchange rate of 1 PRL to Kuwaiti Dinar has changed by -3.58% in the last 7 days. In the last 24 hours, the rate has fluctuated by +0.05%, reaching a high of 0.0001787 KWD and a low of 0.0001787 KWD . One month ago, the value of 1 PRL was د.ك 0.0002030 KWD , which represents a -11.97% change from its current value. Over the last year, The Parallel has changed by , resulting in a change of -42.98% in its value.
-د.ك
0.0001347KWDPRL to KWD
Amount
05:52 am today
0.5 PRL
د.ك0.{4}8937
1 PRL
د.ك0.0001787
5 PRL
د.ك0.0008937
10 PRL
د.ك0.001787
50 PRL
د.ك0.008937
100 PRL
د.ك0.01787
500 PRL
د.ك0.08937
1000 PRL
د.ك0.1787
KWD to PRL
Amount05:52 am today
0.5KWD2,797.42 PRL
1KWD5,594.84 PRL
5KWD27,974.22 PRL
10KWD55,948.43 PRL
50KWD279,742.15 PRL
100KWD559,484.3 PRL
500KWD2,797,421.51 PRL
1000KWD5,594,843.02 PRL
Today vs. 24 hours ago
| Amount | 05:52 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 PRL | $0.0002905 | $0.0002904 | +0.05% |
| 1 PRL | $0.0005811 | $0.0005808 | +0.05% |
| 5 PRL | $0.002905 | $0.002904 | +0.05% |
| 10 PRL | $0.005811 | $0.005808 | +0.05% |
| 50 PRL | $0.02905 | $0.02904 | +0.05% |
| 100 PRL | $0.05811 | $0.05808 | +0.05% |
| 500 PRL | $0.2905 | $0.2904 | +0.05% |
| 1000 PRL | $0.5811 | $0.5808 | +0.05% |
Today vs. 1 month ago
| Amount | 05:52 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 PRL | $0.0002905 | $0.0003300 | -11.97% |
| 1 PRL | $0.0005811 | $0.0006601 | -11.97% |
| 5 PRL | $0.002905 | $0.003300 | -11.97% |
| 10 PRL | $0.005811 | $0.006601 | -11.97% |
| 50 PRL | $0.02905 | $0.03300 | -11.97% |
| 100 PRL | $0.05811 | $0.06601 | -11.97% |
| 500 PRL | $0.2905 | $0.3300 | -11.97% |
| 1000 PRL | $0.5811 | $0.6601 | -11.97% |
Today vs. 1 year ago
| Amount | 05:52 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 PRL | $0.0002905 | $0.0005095 | -42.98% |
| 1 PRL | $0.0005811 | $0.001019 | -42.98% |
| 5 PRL | $0.002905 | $0.005095 | -42.98% |
| 10 PRL | $0.005811 | $0.01019 | -42.98% |
| 50 PRL | $0.02905 | $0.05095 | -42.98% |
| 100 PRL | $0.05811 | $0.1019 | -42.98% |
| 500 PRL | $0.2905 | $0.5095 | -42.98% |
| 1000 PRL | $0.5811 | $1.02 | -42.98% |
The Parallel price prediction
What will the price of PRL be in 2025?
Based on PRL's historical price performance prediction model, the price of PRL is projected to reach $0.0001137 in 2025.
What will the price of PRL be in 2030?
In 2030, the PRL price is expected to change by +8.00%. By the end of 2030, the PRL price is projected to reach $0.0001967, with a cumulative ROI of -66.14%.
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Popular The Parallel conversions
Check out these popular currency conversions of The Parallel to several fiat currencies.
The Parallel to USD
1 PRL to $ 0.0005811 USD
The Parallel to GBP
1 PRL to £ 0.0004584 GBP
The Parallel to EUR
1 PRL to € 0.0005513 EUR
The Parallel to KRW
1 PRL to ₩ 0.8142 KRW
The Parallel to CAD
1 PRL to $ 0.0008169 CAD
The Parallel to AUD
1 PRL to $ 0.0008991 AUD
The Parallel to JPY
1 PRL to ¥ 0.09094 JPY
The Parallel to BRL
1 PRL to R$ 0.003364 BRL
The Parallel to CNY
1 PRL to ¥ 0.004207 CNY
The Parallel to TWD
1 PRL to NT$ 0.01892 TWD
Popular cryptocurrencies to KWD
Explore other cryptocurrencies based on your interest in The Parallel.
EGO to KWD
1 EGO to د.ك 0.006353 KWD
Credefi to KWD
1 CREDI to د.ك 0.004532 KWD
XODEX to KWD
1 XODEX to د.ك 0.{4}9653 KWD
Peanut the Squirrel to KWD
1 PNUT to د.ك 0.5311 KWD
dogwifhat to KWD
1 WIF to د.ك 1.07 KWD
Pepe to KWD
1 PEPE to د.ك 0.{5}5951 KWD
Mog Coin to KWD
1 MOG to د.ك 0.{6}7132 KWD
Bitcoin to KWD
1 BTC to د.ك 26,998.32 KWD
Popcat (SOL) to KWD
1 POPCAT to د.ك 0.4904 KWD
SolarX to KWD
1 SXCH to د.ك 0.007048 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 The Parallel 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 The Parallel 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 The Parallel 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.
