KWD
(0.53%)
8,752,000 IRR
| Period | High | Low | Average | Change |
|---|---|---|---|---|
| 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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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.
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.
The live free‑market exchange rate is KWD = 8,752,000 IRR as of .
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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| Past 6 months | 8,836,500 October 4, 2026 | 4,951,500 June 16, 2026 | 6,662,179 | +70.52% |
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| 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.
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.
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.
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.
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.
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.
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.