The current exchange rate between the Kuwaiti Dinar (KWD) and the Pakistani Rupee (PKR) on August 25, 2023 is Rs. 974.00. The provided information pertains to the interbank exchange rate between the Kuwaiti Dinar and the Pakistani Rupee at the commencement of the business day. It is anticipated that this rate would undergo variations influenced by multiple determinants.
The State Bank of Pakistan (SBP) will furnish the closing interbank exchange rate between the Kuwaiti Dinar (KWD) and the Pakistani Rupee (PKR) upon the conclusion of the business day. Hence, it is advisable to revisit the closing exchange rate after the conclusion of the business day.
It is important to note that interbank rates in Pakistan typically exhibit lower values compared to the open market rates offered by banks and foreign exchange entities.
Furthermore, it is important to acknowledge that the crediting of incoming remittances to clients’ accounts is determined by interbank rates, whereas banks or forex companies engage in the sale of foreign currency at open market rates.
As of the commencement of business on 25 August 2023, the exchange rate between the Kuwaiti Dinar (KWD) and the Pakistani Rupee (PKR) stands at Rs. 974.00. Nevertheless, the aforementioned post will be supplemented with the concluding interbank exchange rate between the Kuwaiti Dinar and the Pakistani Rupee (PKR) for the present day, specifically at the conclusion of the official business hours. This exchange rate will be sourced from the State Bank of Pakistan (SBP).
Closing Exchange Rate
Furthermore, the table provided below displays the closing interbank exchange rate between the Kuwaiti Dinar (KWD) and the Pakistani Rupee (PKR) in Pakistan on 25 August 2023. It should be noted that this information is updated at the conclusion of the business day. In addition, the table presents the most recent currency rate as well as the exchange rate from the preceding day, indicating any instances of appreciation or depreciation, as appropriate.
KWD to PKR Exchange Rate in Pakistan Today
| DATE | EXCHANGE RATE (PKR) | CHANGE (PKR) |
|---|---|---|
| 25 August 2023 | Rs. 974.00 | – |
| 24 August 2023 | Rs. 974.00 |