Understanding Kuwaiti Dinar to PKR Exchange Rates and Trends

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Collection of Jordanian dinar banknotes arranged on a wooden surface, showcasing currency design.
Credit: pexels.com, Collection of Jordanian dinar banknotes arranged on a wooden surface, showcasing currency design.

The Kuwaiti Dinar to PKR exchange rate can be quite volatile, with fluctuations in the market affecting its value.

The Kuwaiti Dinar has been pegged to the US dollar since 2007, which has helped maintain its stability.

In 2020, the exchange rate was around 1 KWD = 4,500 PKR, but it has since changed due to various market factors.

Understanding these fluctuations is essential for making informed decisions when exchanging currencies or investing in the Kuwaiti economy.

Exchange Rate Information

The Kuwaiti Dinar to PKR exchange rate has been fluctuating over the past few days, with a 30 day high of 904.3570 and a 30 day low of 901.5120.

The current exchange rate is 1 KWD = 908.92 PKR, as of Friday 01-03-2025. This rate is a slight decrease from the previous day's rate of 908.92 PKR.

The KWD/PKR rate has decreased by -0.76% in the past six months, indicating that the Kuwaiti Dinar has lost value compared to the Pakistani Rupee.

Credit: youtube.com, Kuwait Dinar Rate | Today Kuwaiti Dinar Currency Rate 1-1-2025 | Aaj Ka Dinar Rate Pakistan India

Here's a summary of the exchange rate information:

You can also use our currency converter to get the current exchange rate and track its changes over time. Simply type in the amount you want to convert, select KWD as the currency to convert from, and PKR as the currency to convert to.

Currency Conversion

To convert Kuwaiti Dinar to Pakistani Rupee, you can use our currency converter, which shows the current exchange rate and how it's changed over the past day, week or month.

The exchange rate can be found in the conversion table, where 1 KWD is equal to 908.92 PKR.

To convert a specific amount, simply type it in the box and select KWD as the currency to convert from and PKR as the currency to convert to.

The conversion table also shows the exchange rate for different amounts, such as 10 KWD, 100 KWD, and 1,000 KWD.

Credit: youtube.com, Kuwaiti Dinar To Pakistani Rupee Exchange Rate | KWD To PKR | Dinar To Pakistani Rupees

Here's a table showing the exchange rate for different amounts of KWD to PKR:

You can also use the currency charts to see the exchange rate for different amounts of PKR to KWD.

The performance of KWD to PKR in the last 30 days saw a 30 day high of 904.3570 and a 30 day low of 901.5120, with a 30 day average of 903.1339 and a change of -0.15.

The performance of KWD to PKR in the last 90 days saw a 90 day high of 908.6070 and a 90 day low of 901.5120, with a 90 day average of 904.7998 and a change of -0.58.

Currency Details

The Kuwaiti dinar (KWD) is the national currency of the emirate-state Kuwait. It was introduced in circulation in 1965 and replaced the outdated Gulf rupee.

The Kuwaiti dinar is a stable currency that floats, and its value can be affected by various economic factors. Every KWD equals 1000 fils.

Credit: youtube.com, Kuwait VS Pakistan | KWD To PKR | Today Currency Rates

The Kuwaiti dinar has a special design, with the obverse having writings in Arabic and the reverse having them in English, plus denomination. This unique design makes it easily recognizable.

Here are the denominations of coins in circulation for the Kuwaiti dinar:

The Kuwaiti dinar is not used for payment in other countries, but its value can be converted to other currencies, such as the Pakistani rupee (PKR).

Exchange Rate Factors

Economic indicators like GDP growth, inflation, and interest rates can significantly impact the KWD to PKR exchange rate. These indicators can create fluctuations in the exchange rate, making it essential to stay informed about the current economic climate.

Central bank decisions, such as interest rate changes, can also affect the exchange rate. For example, a change in interest rates can lead to a shift in investor confidence, influencing the value of the Kuwaiti Dinar against the Pakistani Rupee.

Geopolitical events, such as elections and trade agreements, can also have a significant impact on the exchange rate. These events can create uncertainty and lead to market volatility, affecting the value of currencies.

Pakistani Rupee Exchange Rate History

Credit: youtube.com, USD vs PKR historical rate | Dollar to Pakistani rupees (1947-2022)

In fact, according to historical data, the exchange rate of 1 KWD to PKR was as low as 902.618 PKR on Wednesday, January 1st, 2025. This is a significant drop from the recent high of 908.92 PKR on Thursday, January 2nd, 2025.

Here's a breakdown of the exchange rate history for the past week:

Interestingly, the exchange rate has remained relatively stable over the past few months, with a slight decrease of -0.76% in the past six months.

Factors Affecting Exchange Rates

Economic indicators, such as GDP growth, inflation, and interest rates, can significantly impact the exchange rate. These indicators can affect the value of a currency in the global market.

Geopolitical events, like elections and trade agreements, can also influence the exchange rate. These events can create uncertainty and volatility in the market.

Central bank decisions, such as interest rate changes, can affect the exchange rate. For example, if a central bank lowers interest rates, it can make its currency less attractive to investors, causing the exchange rate to decrease.

Here are some of the key factors that can affect the exchange rate:

  • Economic indicators: GDP growth, inflation, interest rates
  • Geopolitical events: elections, trade agreements
  • Central bank decisions: interest rate changes

Frequently Asked Questions

What is the price of 1 dinar in Pakistan 2024?

In August 2024, 1 Kuwaiti dinar was equivalent to 914.7220 Pakistani rupees. This rate was the highest recorded that year.

Kristen Bruen

Senior Assigning Editor

Kristen Bruen is a seasoned Assigning Editor with a keen eye for compelling stories. With a background in journalism, she has honed her skills in assigning and editing articles that captivate and inform readers. Her areas of expertise include cryptocurrency exchanges, where she has a deep understanding of the rapidly evolving market and its complex nuances.

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