Compare live exchange rates from top exchange houses
Rates are indicative. Confirm with provider before transacting.
Mar 15, 08:51 AM
1 KWD =
INR
263.16
PKR
840.34
PHP
178.89
The Kuwaiti Dinar (KWD) is the world's highest-valued currency, with 1 KWD worth approximately 3.26 USD. Unlike other GCC currencies pegged solely to the US Dollar, the KWD is pegged to an undisclosed basket of currencies since 2007 (replacing the earlier 1:3.53 USD peg broken during 2003). The basket peg gives Kuwait's monetary policy slightly more flexibility than pure USD-pegged currencies.
Kuwait's expatriate population of approximately 3.6 million — 70% of the total population — generates significant remittance outflows to India, Egypt, Bangladesh, Philippines, and Pakistan. Money exchange companies operate under Central Bank of Kuwait licensing and include major players like National Bank of Kuwait Exchange, Kuwait Finance House, and international services.