The price of Kuwaiti Dinar is 978.73 as of August 29, 2023. Information on the interbank exchange rate between the Kuwaiti dinar and the Pakistani rupee at the start of the business day is provided. It is expected that this exchange rate will fluctuate, with many factors having an impact.
At the end of the business day, the State Bank of Pakistan (SBP) will provide the Kuwaiti Dinar (KWD) to Pakistani Rupee (PKR) closing interbank exchange rate. In light of this, it is wise to check the closing exchange rate at the end of each business day.
The interbank rates in Pakistan often have lower values than the open market rates provided by banks and foreign exchange providers, which is crucial to note.
The crediting of incoming remittances to customers’ accounts is governed by interbank rates, whereas banks or forex companies sell foreign currency at open market rates, which is another crucial distinction to make.
On August 29, 2023, at the start of the work day, the exchange rate between the Kuwaiti dinar (KWD) and the Pakistani rupee (PKR) is Rs. 978.73. However, the aforementioned post will be updated with the final interbank rate for the Kuwaiti dinar to Pakistani rupee today, as provided by the State Bank of Pakistan (SBP), following the close of business for the day.