KWD black market rate on Jul 1, 2026: 0.3 per USD
On Wednesday, July 1, 2026, the US dollar traded at about 0.3 KWD on Kuwait's parallel (black) market at the close of observations. The day opened at 0.3 KWD, reached a high of 0.3 and a low of 0.3, a trading range of 0 KWD (1.00%).
Across 288 observations, the average price to buy dollars was 0.3 KWD and the average price received when selling dollars was 0.31 KWD. Over the session the Kuwaiti Dinar strengthened against the dollar (-0.33% from open to close).
Official rate vs black market rate on Jul 1, 2026
The official exchange rate published for Kuwait on this date was 0.3 KWD per USD. The parallel-market close of 0.3 KWD therefore implied a premium of -0.37% over the official rate — a narrow gap, indicating the two markets were close to converged.
How Jul 1, 2026 compares
Compared with the previous observed day (Jun 30, 2026, close 0.3 KWD), the rate moved -0.33%.
One week earlier (Jun 24, 2026) the close was 0.3 KWD, so the weekly change was 0.00%.
How this daily figure is produced
ETCurrency samples Kuwait's USD/KWD parallel market throughout the day from peer-to-peer stablecoin order books and, where available, community submissions. Each sample is filtered for outliers and aggregated into a single buy and sell quote; the figures above are the first, highest, lowest and last of those aggregated quotes for Jul 1, 2026 (UTC).
USDT peer-to-peer prices closely track cash dollar prices in most parallel markets but are not identical to them: payment-method fees, merchant margins and local demand for stablecoins can all add a few tenths of a percent.
Frequently asked questions
- What was the dollar to Kuwaiti Dinar black market rate on Jul 1, 2026?
- The USD to KWD parallel market rate closed at approximately 0.3 KWD per US dollar on Wednesday, July 1, 2026, after trading between 0.3 and 0.3 KWD.
- How much did the KWD move against the dollar that day?
- From an open of 0.3 to a close of 0.3 KWD, the parallel rate moved -0.33% on Jul 1, 2026.
- What was the gap between the official and black market KWD rate on that date?
- The official rate was 0.3 KWD per USD versus a parallel close of 0.3 KWD, a premium of -0.37%.
- Was the KWD black market rate higher or lower than the day before?
- Lower: the previous observed close was 0.3 KWD on Jun 30, 2026, a change of -0.33%.
Figures are aggregated parallel-market observations for Kuwait in UTC and are indicative only; they are not a quote to trade. See the full USD → Kuwaiti Dinar history or today's live rate.