As of August 29, 2023, the value of Rs. is 978.73. 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 exchange rate would undergo fluctuations influenced by several determinants.
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 review the closing exchange rate at 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 providers.
Furthermore, it is important to acknowledge that the crediting of incoming remittances to customers’ 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 August 29, 2023, the exchange rate between the Kuwaiti Dinar (KWD) and the Pakistani Rupee (PKR) stands at Rs. 978.73. Nevertheless, the aforementioned post will be supplemented with the concluding interbank exchange rate for the Kuwaiti Dinar to Pakistani Rupee today, as furnished by the State Bank of Pakistan (SBP) upon the conclusion of the day’s commercial activities.
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 29 August 2023. The information provided is updated at the conclusion of the business day. In addition, the table presents both the most recent and preceding day’s currency rates, including any instances of gain or depreciation, as appropriate.
KWD to PKR Exchange Rate in Pakistan Today
| DATE | EXCHANGE RATE (PKR) | CHANGE (PKR) |
|---|---|---|
| 29 August 2023 | Rs. 978.73 | – |
| 28 August 2023 | Rs. 978.73 |