As of 20 September 2024, the Kuwaiti Dinar (KWD) to Pakistani Rupee (PKR) exchange rate continues to be a point of interest due to the dynamic economic situations in both countries. The KWD, being one of the strongest currencies globally, has significant implications on Pakistan’s foreign exchange market. This article provides the most recent rate along with an analysis of the Kuwaiti Dinar’s performance in the global and local markets.
Chart of KWD to PKR Rate Today 20 September 2024
| Currency | Buying Rate (PKR) | Selling Rate (PKR) |
|---|---|---|
| 1 KWD | 985.00 | 990.00 |
Disclaimer About Today’s Rate
The KWD to PKR exchange rates listed above are for informational purposes only and are subject to fluctuations throughout the day. Please contact your local exchange service provider or bank for the most precise and current rates.
Thoughts on Kuwaiti Dinar Rates
The Kuwaiti Dinar maintains its position as one of the world’s strongest currencies due to Kuwait’s robust oil-based economy. For Pakistan, a significant portion of foreign remittances originates from Kuwait due to the large number of Pakistani expatriates residing there. As a result, the KWD to PKR exchange rate significantly impacts Pakistan’s foreign reserves and the broader economy. Considering the current global economic landscape, the Dinar continues to exhibit stability against the Rupee, offering a dependable source of foreign currency.
Other Countries’ Rates (20 September 2024)
| Country | Currency | Rate (PKR) |
|---|---|---|
| USA | 1 USD | 306.00 |
| UAE | 1 AED | 83.50 |
| UK | 1 GBP | 390.00 |
| Eurozone | 1 EUR | 331.00 |
| Canada | 1 CAD | 224.00 |
| Australia | 1 AUD | 197.00 |
| Japan | 1 JPY | 2.06 |
| Qatar | 1 QAR | 84.00 |
| Saudi Arabia | 1 SAR | 80.00 |
| Oman | 1 OMR | 795.00 |
Conclusion
As of 20 September 2024, the KWD to PKR exchange rate is a reflection of the existing economic relationship between Pakistan and Kuwait. Although rates can change throughout the day, the general trend points towards a relatively stable exchange relationship. It’s essential to keep an eye on global market factors and domestic economic indicators as they can influence future currency fluctuations.
