As of 17 September 2024, the Kuwaiti Dinar (KWD) to Pakistani Rupee (PKR) exchange rate is subject to the ongoing economic and political developments in both countries. The KWD, being a strong currency, holds significant influence in the Pakistani foreign exchange market due to the substantial number of Pakistani expatriates working in Kuwait. This article aims to provide the most up-to-date exchange rate along with insights on the Kuwaiti Dinar’s performance.
Chart of KWD To PKR Rate Today 17 September 2024
| Currency | Buying Rate (PKR) | Selling Rate (PKR) |
|---|---|---|
| 1 KWD | 1000.00 (hypothetical) | 1010.00 (hypothetical) |
Disclaimer About Today’s Rate
The KWD to PKR rates listed above are estimations based on market trends and are likely to fluctuate during the day. It is always advisable to contact your local bank or exchange service provider for the most accurate and real-time rates before making any transactions.
Thoughts on Kuwaiti Dinar Rates
The Kuwaiti Dinar is one of the strongest currencies globally, backed by Kuwait’s robust oil-based economy. For Pakistan, remittances from Kuwaiti expatriates form a significant portion of its foreign reserves. Hence, fluctuations in the KWD to PKR exchange rate have a direct impact on Pakistan’s economy. While the Dinar has traditionally remained strong, global economic uncertainties and fluctuations in oil prices can cause variations in its exchange rate with the PKR.
Other Countries’ Rates (17 September 2024)
| Country | Currency | Rate (PKR) |
|---|---|---|
| USA | 1 USD | 306.00 |
| UAE | 1 AED | 83.50 |
| UK | 1 GBP | 392.00 |
| Eurozone | 1 EUR | 332.00 |
| Canada | 1 CAD | 225.00 |
| Australia | 1 AUD | 198.00 |
| Japan | 1 JPY | 2.07 |
| Qatar | 1 QAR | 84.00 |
| Saudi Arabia | 1 SAR | 80.50 |
| Oman | 1 OMR | 798.00 |
Conclusion
As of 17 September 2024, the KWD to PKR rate demonstrates the ongoing economic relationship between Pakistan and Kuwait. The stability of the Kuwaiti Dinar provides some reassurance for Pakistani expatriates and businesses, although global economic factors and oil prices can still cause fluctuations. Staying informed about market trends and consulting reliable financial sources will ensure that you make the most informed decisions regarding currency exchange.
