USD to KWD Exchange Rate History — Kuwait
Over the past 90 days, the USD to Kuwaiti Dinar parallel (black market) rate moved from about 0.3 KWD on Jul 20, 2026 to 0.3 KWD on Jul 21, 2026 — a change of -0.2%. Across that window the Kuwaiti Dinar held broadly steady against the dollar, trading between a low of 0.3 and a high of 0.3 KWD, averaging 0.3 KWD per US dollar.
The Kuwaiti dinar — the world's highest-valued currency — is tied to a currency basket and freely convertible, so there is no black market.
How to read the KWD rate history
The chart plots the parallel buy rate — how many KWD it took to buy one US dollar — at each point we recorded. The daily table below lists the closing buy and sell rate for each day, while the monthly table summarises the average, high and low for each month, which is useful for comparing one period with another.
A rising line means the Kuwaiti Dinar is losing value (more KWD per dollar); a falling line means it is gaining. Over this window the spread between the high (0.3) and the low (0.3) shows how volatile the market has been — here, roughly 0.2% around the average.
What has moved the Kuwaiti Dinar recently?
In Kuwait, the parallel rate is driven by factors such as a peg to a basket of currencies, oil wealth, open capital flows. When dollars become scarcer or confidence falls, the street rate climbs ahead of the official Central Bank of Kuwait (CBK) rate; when supply improves or policy tightens, the gap can narrow again.
Because the parallel rate often moves before official devaluations, its history is a useful early-warning record — a steadily rising trend frequently precedes an official adjustment, while a long plateau suggests relative stability.
Using historical KWD rates
Historical rates help with budgeting, invoicing, remittance planning and spotting trends, but they are not a forecast — past movements do not guarantee future ones. For the live rate, see our main USD to KWD page, and use the converter for exact amounts.
All figures are aggregated from P2P platforms, community reports and market monitoring, then refreshed hourly. They are provided for information and price-transparency only and are not financial advice.