The KWD to PKR exchange rate is a crucial economic indicator for individuals and businesses involved in transactions between Kuwait and Pakistan. On September 16, 2024, the rate is expected to fluctuate based on a combination of global economic conditions, geopolitical events, and central bank policies.
Chart of KWD To PKR Rate Today 16 September 2024
| Market | Buying Rate (PKR) | Selling Rate (PKR) |
|---|---|---|
| Interbank | 1070.00 (Estimated) | 1075.00 (Estimated) |
| Open Market | 1060.00 (Estimated) | 1085.00 (Estimated) |
Disclaimer:
- The rates provided above are estimates and may vary depending on the specific bank or exchange service you use.
- It’s always recommended to confirm the current rate with your chosen financial institution before conducting any transactions.
Thoughts on Kuwaiti Dinar Rates:
The volatility of the KWD/PKR exchange rate can significantly impact various sectors of the Pakistani economy. A stronger Kuwaiti Dinar can lead to increased import costs from Kuwait, potentially contributing to inflation. On the other hand, it can benefit Pakistani workers in Kuwait by increasing the value of their remittances when converted to PKR.
The State Bank of Pakistan closely monitors these fluctuations and may intervene when necessary to maintain stability.
Other Top 10 Countries Rate (September 16, 2024)
| Country | Currency | 1 KWD = |
|---|---|---|
| European Union | Euro (EUR) | 2.80 (Estimated) |
| United Kingdom | Pound Sterling (GBP) | 2.38 (Estimated) |
| Japan | Japanese Yen (JPY) | 442.00 (Estimated) |
| China | Chinese Yuan (CNY) | 22.00 (Estimated) |
| India | Indian Rupee (INR) | 250.00 (Estimated) |
| Canada | Canadian Dollar (CAD) | 4.07 (Estimated) |
| Australia | Australian Dollar (AUD) | 4.70 (Estimated) |
| Switzerland | Swiss Franc (CHF) | 2.71 (Estimated) |
| South Korea | South Korean Won (KRW) | 3990.00 (Estimated) |
| Brazil | Brazilian Real (BRL) | 15.10 (Estimated) |
Conclusion:
The KWD to PKR exchange rate is a dynamic and influential factor in the Pakistani economy, particularly for those with ties to Kuwait. Staying informed about its fluctuations is crucial for businesses, investors, and individuals involved in KWD/PKR transactions. While predicting the exact rate for September 16th is challenging, understanding the influencing factors and keeping an eye on market trends can help you make informed financial decisions.
