Pashizi
last update: Tue 08:50

KWD/IRR Exchange Rate & Market Trends

Market trends, real-time changes, and historical KWD rate

flag kw

KWD

(0.53%)

8,752,000 IRR

KWD price movement on Tuesday, October 27

High
8,752,000
Low
8,705,500
Open
8,705,500
Close
8,752,000

Convert KWD to IRR

Based on the sell rate
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KWD/IRR Price Chart

KWD price history: highs, lows and averages

KWD price history: highs, lows and averages
PeriodHighLowAverageChange
Past week
8,802,500
October 22
8,499,000
October 20
8,668,026+2.86%
Past month
8,836,500
October 4
7,627,000
September 27
8,503,640+14.55%
Past 3 months
8,836,500
October 4
5,994,000
August 10
7,544,530

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KWD in Iran's free market

The Kuwaiti dinar (KWD) is the official currency of Kuwait, issued by the Central Bank of Kuwait, and is widely cited as the world's highest-valued currency unit. Since 2007 it has been managed against an undisclosed weighted basket of currencies rather than a single fixed peg, though the US dollar carries significant weight in that basket. The price on this page is the Tehran free-market rate set by exchange offices, distinct from any official or NIMA rate, and Iranians track it mainly because of the Iranian workers and traders based in Kuwait.

Price report of KWD for today, Tue, October 27

The price of KWD in the free market reached 8,752,000 IRR by Tue, October 27 08:50, showing a 0.53% Increase compared to the previous day. Today's trading started at 8,705,500 IRR, with the lowest rate recorded during the day being 8,705,500 IRR and the highest rate reaching 8,752,000 IRR.

See also:USD price today · EUR price today · GBP price today

Frequently Asked Questions About KWD Prices

What is the KWD to IRR rate today?

The live free‑market exchange rate is KWD = 8,752,000 IRR as of Tue, October 27 08:50.

What were the highest and lowest KWD prices over the past six months?

Since April 27, 2026, the highest recorded KWD price in Iran was IRR 8,836,500 on October 4, 2026, and the lowest was IRR 4,951,500 on June 16, 2026. The average over this period was IRR 6,662,179.

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+41.96%
Past 6 months
8,836,500
October 4, 2026
4,951,500
June 16, 2026
6,662,179+70.52%
Past year
8,836,500
October 4, 2026
3,480,300
October 29, 2025
5,729,486+147.92%

Prices in IRR; change is measured from the start of each period.

Why is the free‑market KWD/IRR different from the official rate like Google or XE?

Due to international sanctions, Iran's financial system operates independently from global networks like SWIFT and Visa. This isolation means platforms such as Google and XE.com can only access Iran's Central Bank official KWD/IRR rates, which significantly differ from real-world values. Pashizi provides authentic free-market exchange rates based on actual Iranian currency transactions, giving you accurate KWD to IRR conversion rates that reflect true market conditions rather than government-controlled figures.

Does Pashizi offer currency exchange or money transfer services?

No, Pashizi does not provide actual currency exchange, money transfer, or conversion services. We are an information service that displays current exchange rates between various currencies and IRR (Iranian Rial). Our website helps users stay informed about exchange rates but does not process any financial transactions or currency conversions.

How can I convert KWD to Iranian Rial (IRR) easily?

You can quickly convert KWD to IRR using Pashizi’s live exchange rate calculator. Simply enter the amount in KWD, and our system will instantly show you the equivalent in Iranian Rial based on the latest free-market rate. This tool helps travelers, expats, and businesses check real conversion values before making financial decisions.

Why is the Kuwaiti dinar considered the world's strongest currency?

The Kuwaiti dinar is commonly cited as the highest-valued currency unit in the world, a status tied to Kuwait's oil wealth and the way its exchange rate has been managed since independence rather than to any recent event. Because one dinar buys a comparatively large amount of other currencies, its toman price on this page reflects that inherent high value.

Is the Kuwaiti dinar pegged to the US dollar?

Not directly. Since 2007, Kuwait has managed the dinar against an undisclosed weighted basket of its main trading partners' currencies rather than a single fixed rate, though the dollar is believed to carry the largest weight in that basket. This gives the dinar slightly more independent movement than currencies with a straightforward one-for-one dollar peg, like the UAE dirham or Saudi riyal.

Why do Iranian workers and traders in Kuwait need dinars?

A community of Iranian workers and merchants is based in Kuwait for employment and trade, and they need dinars for wages, rent, and business costs before converting savings back into rials. This ongoing presence, along with Kuwait-Iran trade, keeps the dinar in regular demand among Tehran's currency exchange offices.

last update: Tue, October 27 08:50

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