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Kuwait - Kuwaiti Dinar - Currency Guide

 

Foreign exchange guide to Kuwait and the Kuwaiti Dinar (KWD)

     

USD/KWD 90-day view

USD/KWD at 0.306 is near its 90-DAY average, range 0.3052 - 0.308 .
|
14-DAY-LOW
 
Recent USD to KWD 90-day trend
   

KWD News, Forecasts and Trends

The above interactive chart shows the USD to KWD exchange rate, trend and recent alerts for the last 90 days.

US Dollar to Kuwaiti Dinar - Historical Rates

USD/KWD rateChangePeriod
14 Sep 2020 : 0.30590.1% ▼1 Week
22 Aug 2020 : 0.30600.2% ▼30 Days
23 Jun 2020 : 0.30760.7% ▼90 Days
22 Sep 2019 : 0.30370.6% ▲1 Year
23 Sep 2015 : 0.30241% ▲5 Years
24 Sep 2010 : 0.28576.9% ▲10 Years

USD/KWD 10 year historic rates & change to 21-Sep-2020 : 0.3055

 

U$10,000 USD
=
د.ك3,060 KWD

Converted at USD/KWD interbank rate, compare Send Money and Currency Exchange exchange rates.

US Dollar to Kuwaiti Dinar - Quick Conversions

USD KWD
U$ 1 د.ك 0.3060
U$ 5 د.ك 1.5300
U$ 10 د.ك 3.0600
U$ 20 د.ك 6.1200
U$ 50 د.ك 15.30
U$ 100 د.ك 30.60
U$ 250 د.ك 76.50
U$ 500 د.ك 153.00
U$ 1,000 د.ك 306.00
U$ 2,000 د.ك 612.00
U$ 5,000 د.ك 1,530
U$ 10,000 د.ك 3,060
U$ 50,000 د.ك 15,300
U$ 100,000 د.ك 30,600
More amounts
USD KWD
U$ 3.2675 د.ك 1
U$ 16.34 د.ك 5
U$ 32.68 د.ك 10
U$ 65.35 د.ك 20
U$ 163.38 د.ك 50
U$ 326.75 د.ك 100
U$ 816.88 د.ك 250
U$ 1,634 د.ك 500
U$ 3,268 د.ك 1,000
U$ 6,535 د.ك 2,000
U$ 16,338 د.ك 5,000
U$ 32,675 د.ك 10,000
U$ 163,375 د.ك 50,000
U$ 326,750 د.ك 100,000
More amounts
 

Frequently Asked Questions

 

What currency should I use in Kuwait?

The domestic currency in Kuwait is the Kuwaiti Dinar.

What is the Kuwaiti Dinar currency code and symbol?

The three letter currency code for the Kuwaiti Dinar is KWD — symbol is د.ك.

Which countries use the Kuwaiti Dinar?

It is the domestic currency in    Kuwait.

Is the Kuwaiti Dinar a closed currency?

No, the Kuwaiti Dinar is freely available and convertible. See guide: What is a closed currency?

 

Travel, Currency and Money saving tips for Kuwait

Getting around in Kuwait.

Kuwait’s transport network is almost entirely contained within Kuwait City. Moreover, due to its size, all transport is road-based in the country, with buses providing the only form of public transport. The bus network in Kuwait is generally cheap and efficient, though don’t expect to be dropped off at any any major visitor attraction, as the network was designed with locals in mind. The majority of routes are run by the Kuwait Public Transport Company (KPTC) which has services going all over the county, as well as into other Gulf states. The KPTC also runs a ferry service to Failaka Island, a popular day trip for locals and tourists alike, which leaves daily from Ras Salmiya.

Unusual vehicle patterns and unconventional driving habits usually make tourists choose not to rent a car in Kuwait. Kuwaiti driving is some of the worst in the world, and is the biggest killer in Kuwait. Hire a driver or get to know a good local taxi driver. While the roads are good in Kuwait, the driving skills and level of respect for road rules may not match those from other countries. The good news is that taxis are very reasonably priced. A taxi from the airport is about KD6 (approx U$20).

Local laws and traditions in Kuwait.

Kuwait is a Muslim country and while not as conservative as many of its Gulf neighbours, you should behave and dress in a respectful way.

Respect local traditions, customs, laws and religions at all times and be aware of your actions to ensure that they do not offend other cultures or religious beliefs, especially during the holy month of Ramadan or if you intend to visit religious areas. Also, as Kuwait was part of the Gulf War, which was not all that long ago there are still unexploded munitions, including landmines in many rural areas, at beaches and recreational sites. Do not stray from well-travelled roads, stay on clearly identifiable tracks, and exercise great care, because there is a danger of unexploded ordnance even if an area has been officially cleared.

In terms of weather and environmental concerns, sand and dust storms occur regularly and flooding is not uncommon. Being a Gulf state Kuwait often experiences extremely high temperatures.

 

Travel money for Kuwait

Save money and time by Ordering your Kuwaiti Dinar online from Travelex, you get better rates and can pick up the KWD cash locally or even on travel day at the airport.

Another popular option is to use a Pre-paid Travel Card. Your Debit/Credit Card provider will charge you 2% from market mid-rate, but your bank may also charge an extra 3% as an “Overseas Transaction Charge” plus “Overseas ATM” fees for withdrawing cash.

For card purchases if offered a choice of currencies always select to Pay in Kuwaiti Dinar otherwise you may get much worst exchange rates.

 

Sending money to Kuwait

When searching around for information on how to get a good exchange rate when sending money to Kuwait you need to start with finding out the latest Kuwaiti Dinar exchange rate for foreign-transfers, which can be very different to the wholesale rate.

Then compare your bank's exchange rates to several licensed FX providers exchange rate and fees to see how much you can save - we make that calculation easy in the below table.


Get a better deal for foreign transfers to Kuwait

When sending money to Kuwait it’s important to compare your bank’s rates & fees with those we have negotiated with our partner money transfer providers. To get a better deal you should follow these 4 simple steps :

  1. Open an account with a BER reviewed FX provider (id docs may be required)
  2. You specify the local or Kuwaiti Dinar amount you want to transfer
  3. Make a local currency domestic transfer for the requested amount to the provider's bank account in your country
  4. Once your funds are received by the provider the converted KWD amount will be transfered to the recipient account you specify in Kuwait.

Use the above Send to Kuwaiti Dinar calculator to compare the exchange rates of FX specialist providers rates versus your bank's standard rates you can hopefully save around 5% and maybe more - end result is more Kuwaiti Dinar deposited into the recipient bank account and less margins and fees kept by the banks!


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