The Kuwaiti Dinar rates below were last updated 3 minutes ago
If you're travelling to Kuwait soon you'll want to get the best deal on your Kuwaiti Dinars. Our free comparison service compares the best Kuwaiti Dinar rates from the biggest currency suppliers in the UK so you can see at a glance who is offering the top deals. We are currently comparing 19 suppliers selling Kuwaiti Dinars in the UK with exchange rates ranging from 0.3360 to 0.3600.
But wait, it gets better! Many of the top suppliers listed above offer us exclusive exchange rates that are better than any other website which means if you order through us you could save even more money. We are so confident that you won't find better Kuwaiti Dinar exchange rates on any other UK website that we challenge you to let us know if you find a better deal!
The Kuwaiti Dinar is the most valuable currency in the world. When Iraq invaded Kuwait in 1990, huge amounts of Kuwaiti Dinar were stolen or went missing. Immediately after it's liberation following the Gulf War, the Kuwaiti government issued new notes which rendered the millions of pounds worth of stolen currency completely worthless overnight.
Although the Kuwaiti Dinar is so valuable, it is now pegged to the US Dollar. The Dollar to Dinar rate is now $3.60 USD to 1 KWD. The pegged rate means that there is little difference in the exchange rates regardless of whether you try and change money in a souq or at a major bank. The only advantage in using a bank is that they will also cash travellers cheques. It may be more advantageous to buy US Dollars at a more competitive rate than to buy Kuwaiti Dinars.
We do not recommend using cheques in Kuwait. "Bouncing" cheques is illegal and the law does not provide for offenders to be released from custody on bail. "Post-dated" cheques can be banked immediately irrespective of the date on the cheque so you must ensure that you have sufficient funds to cover any cheques written.
British nationals need a visa to enter Kuwait but you can get one for free by applying to the Kuwaiti Embassy in London before you travel. Visas are normally granted for 30 days to tourists and up to 90 days for business travellers.
Upon arrival you may be asked to provide proof of return or onward travel, confirmation of accommodation and a sponsor's letter. See the Embassy website for more information.
Over the past week the Kuwaiti Dinar has dropped by 0.58% from last Thursday's rate of 0.3621 to today's rate of 0.3600 which means £750 will buy you KD1.57 less now than it would have a week ago. During this period the best rate we recorded was 0.3621 on Thursday and the worst rate was 0.3595 on Monday.
The 90 day outlook has seen the Kuwaiti Dinar rate drop by 7.24% from 0.3881 on 29th July 2016 to 0.3600 today. Based on these figures, £750 would have bought you KD21.08 more three months ago that it would have today. We recorded a high rate of 0.3951 on 6th September 2016 and a low rate of 0.359 on 14th October 2016.
Compare Holiday Money are partners of the Foreign & Commonwealth Office Know Before You Go campaign which provides official government advice for British travellers heading abroad.
The FCO release travel alerts containing important information for travellers to any countries where the safety or security of British citizens is at risk.
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