As of September 27, 2024, the Kuwaiti Dinar (KWD) to Pakistani Rupee (PKR) exchange rate continues to fluctuate due to ongoing economic dynamics in both countries. The Kuwaiti Dinar holds significant importance in Pakistan’s foreign exchange market, particularly because of the substantial Pakistani expatriate community in Kuwait. This article provides the most recent exchange rate along with insights into the KWD’s performance in relation to the PKR.
Chart of KWD To PKR Rate Today 27 September 2024
| Currency | Buying Rate (PKR) | Selling Rate (PKR) |
|---|---|---|
| 1 KWD | 996.50 | 997.00 |
Disclaimer About Today’s Rate
The KWD to PKR exchange rates listed above are for informational purposes only and may fluctuate during the day. Please consult your local exchange service provider or bank for the most accurate and up-to-date rates.
Thoughts on Kuwaiti Dinar Rates
The Kuwaiti Dinar stands as one of the strongest currencies globally, underpinned by Kuwait’s robust oil-based economy. For Pakistan, a significant portion of foreign remittances originates from Kuwait due to the sizable Pakistani diaspora working there. This underscores the critical role of the KWD to PKR exchange rate in bolstering Pakistan’s foreign reserves and the overall economy. In the current global economic context, the Dinar continues to maintain its strength against the Rupee, offering a valuable source of foreign exchange.
Other Countries’ Rates (27 September 2024)
| Country | Currency | Rate (PKR) |
|---|---|---|
| USA | 1 USD | 308.50 |
| UAE | 1 AED | 83.80 |
| UK | 1 GBP | 393.00 |
| Eurozone | 1 EUR | 334.50 |
| Canada | 1 CAD | 226.50 |
| Australia | 1 AUD | 198.25 |
| Japan | 1 JPY | 2.09 |
| Qatar | 1 QAR | 84.30 |
| Oman | 1 OMR | 799.00 |
| China | 1 CNY | 43.00 |
| India | 1 INR | 3.60 |
| Saudi Arabia | 1 SAR | 82.30 |
| Turkey | 1 TRY | 10.35 |
| South Korea | 1 KRW | 0.23 |
| Switzerland | 1 CHF | 331.50 |
Conclusion
As of September 27, 2024, the KWD to PKR exchange rate showcases the current economic dynamics between Pakistan and Kuwait. Although rates can fluctuate during the day, the general trend points towards a relatively stable exchange relationship. It is advisable to closely monitor global market factors and domestic economic indicators as they possess the potential to influence future currency movements.
