As of 23 September 2024, the Kuwaiti Dinar (KWD) to Pakistani Rupee (PKR) exchange rate continues to be influenced by the economic dynamics in both Kuwait and Pakistan. The Kuwaiti Dinar, known for its high value, holds significance in Pakistan’s foreign exchange market due to the presence of Pakistani workers in Kuwait. This article provides the current KWD to PKR rate along with insights into the Dinar’s performance.
Chart of KWD To PKR Rate Today 23 September 2024
| Currency | Buying Rate (PKR) | Selling Rate (PKR) |
|---|---|---|
| 1 KWD | 1010.00 | 1015.00 |
Disclaimer About Today’s Rate
Please note that the KWD to PKR rates listed above are for informational purposes only. The actual rates may vary throughout the day. For the most accurate and up-to-date rates, consult with your bank or a trusted currency exchange service.
Thoughts on Kuwaiti Dinar Rates
The Kuwaiti Dinar remains one of the strongest currencies globally, underpinned by Kuwait’s robust oil-based economy and prudent fiscal policies. The substantial number of Pakistani expatriates working in Kuwait contributes significantly to Pakistan’s remittance inflows. Hence, the KWD to PKR exchange rate plays a crucial role in Pakistan’s foreign reserves and overall economic stability. In the context of current global economic conditions, the Dinar continues to exhibit strength against the Rupee.
Other Countries’ Rates (23 September 2024)
| Country | Currency | Rate (PKR) |
|---|---|---|
| USA | 1 USD | 306.50 |
| UAE | 1 AED | 83.25 |
| UK | 1 GBP | 391.00 |
| Eurozone | 1 EUR | 332.00 |
| Canada | 1 CAD | 224.50 |
| Australia | 1 AUD | 197.00 |
| Japan | 1 JPY | 2.08 |
| Qatar | 1 QAR | 83.75 |
| Saudi Arabia | 1 SAR | 80.25 |
| Oman | 1 OMR | 795.00 |
Conclusion
As of 23 September 2024, the KWD to PKR exchange rate underscores the economic realities between Kuwait and Pakistan. While the rates can experience intraday fluctuations, the broader trend signifies a relatively stable, albeit strong, Dinar against the Rupee. It is advisable to remain attentive to global market factors and local economic indicators as they can potentially impact future currency movements.
