KWD black market rate on Jul 16, 2026: 0.3 per USD
On Thursday, July 16, 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 (0.83%).
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 16, 2026
The official exchange rate published for Kuwait on this date was 0.31 KWD per USD. The parallel-market close of 0.3 KWD therefore implied a premium of -2.77% over the official rate — a discount to the official rate, which is unusual and often reflects thin or one-sided quotes.
How Jul 16, 2026 compares
Compared with the previous observed day (Jul 15, 2026, close 0.3 KWD), the rate moved -0.33%.
One week earlier (Jul 9, 2026) the close was 0.3 KWD, so the weekly change was 0.00%.
Thirty days earlier (Jun 16, 2026) the close was 0.3 KWD, a +0.17% move over the month.
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 16, 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 16, 2026?
- The USD to KWD parallel market rate closed at approximately 0.3 KWD per US dollar on Thursday, July 16, 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 16, 2026.
- What was the gap between the official and black market KWD rate on that date?
- The official rate was 0.31 KWD per USD versus a parallel close of 0.3 KWD, a premium of -2.77%.
- Was the KWD black market rate higher or lower than the day before?
- Lower: the previous observed close was 0.3 KWD on Jul 15, 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.