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MIM to KWD Converter and calculator

MIM/KWD: 1 MIM = 0.3072 KWD. The price of converting 1 Magic Internet Money (MIM) to Kuwaiti Dinar (KWD) is 0.3072 KWD today.
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KWD
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides MIM to KWD real-time exchange rates, making it easy to convert Magic Internet Money (MIM) to Kuwaiti Dinar (KWD). The conversion result is based on real-time data. The conversion result shows that 1 MIM is currently valued at 0.31 KWD. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 MIM is currently valued at 0.31 KWD, which means buying 5 MIM would cost 1.54 KWD. Similarly, د.ك1 KWD can be converted to 3.25 MIM, and د.ك50 KWD can be converted to 16.27 MIM, excluding any platform or gas fees.

Convert MIM to KWD

Convert KWD to MIM

Magic Internet Money
Kuwaiti Dinar
5000 MIM
1,536.25  KWD
10000 MIM
3,072.5  KWD
In the table above, you'll find a comprehensive MIM to KWD converter that shows the value of Magic Internet Money in Kuwaiti Dinar across commonly used conversion amounts. The list covers conversions from 1 MIM to KWD, all the way up to 10000 MIM, providing a clear view of their respective values.
Kuwaiti Dinar
Magic Internet Money
50000 KWD
162,734.01 MIM
100000 KWD
325,468.02 MIM
In the table above, you'll find a comprehensive KWD to MIM converter that shows the value of Kuwaiti Dinar in Magic Internet Money across commonly used conversion amounts. The list covers conversions from 1 KWD to MIM, all the way up to 100000 KWD, providing a clear view of their respective values.

MIM to KWD chart

MIM/KWD: 1 MIM = 0.3072 KWD; 2025/04/28 23:38:52
In the past 1D, Magic Internet Money has changed +0.40% to KWD. Based on the trend and price charts, Magic Internet Money(MIM) has changed +0.40% to KWD while Kuwaiti Dinar(KWD) has changed % to MIM in the last 24 hours.
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MIM to KWD conversion data: Volatility and price changes of Magic Internet Money in KWD

The highest Magic Internet Money price in KWD over the past 7 days was 0.3086 KWD while the lowest Magic Internet Money price in KWD over the past 7 days was 0.3050 KWD. The relative change between the highs and lows in Magic Internet Money price in KWD over the last 7 days indicates a volatility of %. You can view additional volatility data and MIM to KWD prices for the past 24 hours, 30 days, and 90 days in the table above.
Last 24 hoursLast 7 daysLast 30 daysLast 90 days
High
0.3077 KWD
0.3086 KWD
0.3086 KWD
0.3584 KWD
Low
0.3059 KWD
0.3050 KWD
0.3040 KWD
0.2945 KWD
Average
0 KWD
0 KWD
0 KWD
0 KWD
Volatility
%
%
%
%
Change
+0.40%
+0.52%
+0.75%
+0.31%

Magic Internet Money information

MIM to KWD market statistics

MIM/KWD:
د.ك0.3072
MIM 24h volume:
د.ك24,250.31
MIM market cap:
--
MIM circulating supply:
0 MIM

Current MIM to KWD exchange rate

Magic Internet Money to Kuwaiti Dinar is rising this week.
Magic Internet Money's current market price is د.ك0.3072 per MIM, with a total market cap of د.ك0 KWD based on a circulating supply of -- MIM. The trading volume of Magic Internet Money has changed by +24.27% (د.ك4,736.88 KWD) in the last 24 hours. Last trading day, MIM's trading volume was د.ك19,513.43.

More info about Magic Internet Money on Bitget

Kuwaiti Dinar 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 Magic Internet Money currency pair is the MIM to KWD, with for Magic Internet Money's currency code being MIM. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for KWD.

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How to convert MIM to KWD

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Buy MIM (or USDT) for KWD (Kuwaiti Dinar) offers
Bitget P2P trading does not currently support direct buying of MIM with KWD. However, you can buy USDT in Bitget P2P trading first, and then buy MIM with USDT via Bitget spot market.
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MIM to KWD Conversion tables

The exchange rate of Magic Internet Money is increasing.
The exchange rate of 1 MIM to Kuwaiti Dinar has changed by +0.52% in the last 7 days. In the last 24 hours, the rate has fluctuated by +0.40%, reaching a high of 0.3077 KWD and a low of 0.3059 KWD . One month ago, the value of 1 MIM was د.ك0.3050 KWD , which represents a +0.75% change from its current value. Over the last year, Magic Internet Money has changed by
+د.ك
0.002798KWD
, resulting in a change of +0.92% in its value.
24 hours ago1 month ago1 year ago
Amount23:38 today24 hours ago24h change
0.5 MIMد.ك0.1536د.ك0.1530
+0.40%
1 MIMد.ك0.3072د.ك0.3060
+0.40%
5 MIMد.ك1.54د.ك1.53
+0.40%
10 MIMد.ك3.07د.ك3.06
+0.40%
50 MIMد.ك15.36د.ك15.3
+0.40%
100 MIMد.ك30.72د.ك30.6
+0.40%
500 MIMد.ك153.62د.ك153.01
+0.40%
1000 MIMد.ك307.25د.ك306.02
+0.40%

MIM to KWD FAQ

How much is 1 Magic Internet Money in KWD?
Right now, the price of 1 Magic Internet Money (MIM) in Kuwaiti Dinar (KWD) is د.ك0.3072.
How much MIM can I buy for 1 KWD?
Based on the current exchange rate, you can get 3.25 MIM for 1 KWD.
How do I calculate or convert MIM to KWD?
You can use our MIM to KWD calculator at the top of this page to convert any amount of MIM to KWD. We've also included quick-reference tables for the most popular conversions. For example, 5 KWD is equivalent to 16.27 MIM, while 5 MIM will cost around 1.54KWD.
What is the highest price of MIM/KWD in history?
The all-time high price of 1 MIM in KWD is د.ك0.8318. It remains to be seen if the value of 1 MIM/KWD will exceed the current all-time high.
What is the price trend of Magic Internet Money in KWD?
Over the past 7 days, the exchange rate of Magic Internet Money (MIM) has gone up by 0.52%.   Over the last month, the exchange rate of Magic Internet Money (MIM) has gone up by 0.75% against Kuwaiti Dinar (KWD).

What factors influence the conversion rate of MIM to KWD?

There are many factors that affect the relationship between Magic Internet Money and Kuwaiti Dinar, spanning multiple dimensions such as macroeconomic trends, policy regulation, and technological innovation. Specifically, the following key factors play an important role:
Market sentiment:Investor sentiment and confidence have a significant impact on the dynamics of MIM/KWD. When there is positive news in the market about the widespread adoption of MIM or major technological breakthroughs, it tends to trigger market optimism and drive the rise of MIM/KWD. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in MIM/KWD.
Regulatory environment:Government policies and regulations surrounding cryptocurrencies have a direct impact on their acceptance, which in turn determines their value relative to traditional currencies such as the US dollar. Clear and supportive regulations can enhance investor confidence in cryptocurrencies and drive their value up. Conversely, vague or overly strict regulatory policies may hinder the development of cryptocurrencies and cause their value to fall.
Economic indicators:Macroeconomic factors in the country where the fiat currency is issued—such as inflation rates, interest rates, and key economic growth indicators—play a crucial role in determining the fiat currency's value and indirectly affect the exchange rate of MIM/KWD. For example, high inflation rates may lead to a decrease in market trust in fiat currencies, thereby increasing investors' demand for cryptocurrencies such as Bitcoin as a hedge, driving up their prices.
Technological progress:The continuous development and innovation of blockchain technology, as well as various improvements in the cryptocurrency ecosystem—such as expansion solutions and security enhancements—have provided strong support for the value growth of cryptocurrencies like Bitcoin.
Investors must understand these dynamics to avoid making wrong decisions. After considering these factors, investors should also closely monitor future changes in the price of Magic Internet Money and adjust their investment strategies accordingly in the evolving market.

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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.