The Kuwaiti Dinar (KWD) to Pakistani Rupee (PKR) exchange rate is a crucial economic indicator for Pakistan, especially considering the significant number of Pakistani expatriates working in Kuwait. On September 15, 2024, the rate is expected to remain volatile, influenced by global and local economic conditions, political developments, and central bank policies.
Chart of KWD To PKR Rate Today 15 September 2024
| Market | Buying Rate (PKR) | Selling Rate (PKR) |
|---|---|---|
| Interbank | 975.00 | 976.50 |
| Open Market | 970.00 | 980.00 |
Disclaimer:
- The rates provided above are estimates and may vary depending on the specific bank or exchange service you use.
- It’s always best to confirm the current rate with your chosen financial institution before making any transactions.
Thoughts on Dinar Rates
The fluctuation of the KWD/PKR exchange rate can significantly impact various sectors of the Pakistani economy. A stronger Dinar can increase the value of remittances sent by Pakistani workers in Kuwait, which is a crucial source of foreign exchange for Pakistan. However, it can also make imports from Kuwait more expensive. The State Bank of Pakistan closely monitors these fluctuations and may intervene when necessary to maintain stability.
Other Top 10 Countries Rate (September 15, 2024)
| Country | Currency | 1 USD = |
|---|---|---|
| European Union | Euro (EUR) | 0.92 |
| United Kingdom | Pound Sterling (GBP) | 0.78 |
| Japan | Japanese Yen (JPY) | 147.50 |
| China | Chinese Yuan (CNY) | 7.32 |
| India | Indian Rupee (INR) | 83.10 |
| Canada | Canadian Dollar (CAD) | 1.36 |
| Australia | Australian Dollar (AUD) | 1.55 |
| Switzerland | Swiss Franc (CHF) | 0.89 |
| South Korea | South Korean Won (KRW) | 1334.00 |
| Brazil | Brazilian Real (BRL) | 5.04 |
Conclusion
The KWD to PKR exchange rate is a dynamic and influential factor in the Pakistani economy. Staying informed about its fluctuations is crucial for businesses, investors, and individuals, particularly those relying on remittances from Kuwait. While predicting the exact rate for September 15th is impossible, understanding the influencing factors and keeping an eye on market trends can help you make informed financial decisions.
