Kuwaiti Dinar Rate in Pakistan Today 23 August 2023

As of August 23, 2023, the value of Rs. 970.87 is seen. The provided information pertains to the interbank currency 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 fluctuations influenced by many variables.

The State Bank of Pakistan (SBP) will furnish the closing interbank exchange rate for the Kuwaiti Dinar (KWD) to the Pakistani Rupee (PKR) at the conclusion of the business day. Hence, it is advisable to verify the closing exchange rate by the conclusion of the business day.

It is important to note that interbank rates in Pakistan generally exhibit lower values compared to the open market rates offered by banks and foreign exchange entities.

Furthermore, it is important to acknowledge that the allocation of incoming remittances to clients’ accounts is determined by the interbank rates, whereas banks or forex companies engage in the sale of foreign currency at open market rates.

As of the commencement of the business day on 23 August 2023, the Kuwaiti Dinar (KWD) exhibits a valuation of Rs. 970.87 in relation to the Pakistani Rupee (PKR). Nevertheless, the aforementioned post will be supplemented with the concluding interbank exchange rate for the Kuwaiti Dinar to Pakistani Rupee today, specifically at the conclusion of the official business hours. This exchange rate shall be sourced from the State Bank of Pakistan (SBP).

Closing Exchange Rate

Furthermore, the table below presents the closing interbank exchange rate between the Kuwaiti Dinar (KWD) and the Pakistani Rupee (PKR) in Pakistan on August 23, 2023. The information provided is updated at the conclusion of the business day. Furthermore, the table presents the most recent exchange 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