Kuwait: USD exchange rate
* indicates monthly or quarterly data series
The currency chart for Kuwait shows historical data for the Kuwaiti Dinars per USD exchange rate.
These are monthly averages and not end-of-month currency values.
An increase means depreciation against the USD as one can exchange more Kuwaiti Dinars per USD.
Depreciation implies that goods from Kuwait become cheaper to export and it becomes cheaper for foreigners to visit Kuwait.
The series for Kuwait are available from September 2004 to October 2024. For that period, the average exchange rate for Kuwait was 0.2938 Kuwaiti Dinars per USD with a minimum of 0.2654 Kuwaiti Dinars per USD in July 2008 and a maximum of 0.311 Kuwaiti Dinars per USD in April 2020. The most recent available data point is 0.3064 Kuwaiti Dinars per USD, a change of 0.39% from the previous data point of 0.3052 Kuwaiti Dinars per USD and a change of -0.87% from a year ago when the level was 0.3091 Kuwaiti Dinars per USD.
Currency values in Kuwait and elsewhere have different driving forces over the short-run and the long-run. Countries may have fixed or floating exchange rate regimes or be part of monetary unions. They may experience currency crises. These and other issues are discussed in detail on our Exchange rate page.
The series for Kuwait are available from September 2004 to October 2024. For that period, the average exchange rate for Kuwait was 0.2938 Kuwaiti Dinars per USD with a minimum of 0.2654 Kuwaiti Dinars per USD in July 2008 and a maximum of 0.311 Kuwaiti Dinars per USD in April 2020. The most recent available data point is 0.3064 Kuwaiti Dinars per USD, a change of 0.39% from the previous data point of 0.3052 Kuwaiti Dinars per USD and a change of -0.87% from a year ago when the level was 0.3091 Kuwaiti Dinars per USD.
Currency values in Kuwait and elsewhere have different driving forces over the short-run and the long-run. Countries may have fixed or floating exchange rate regimes or be part of monetary unions. They may experience currency crises. These and other issues are discussed in detail on our Exchange rate page.
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* indicates monthly or quarterly data series
- Measure: Kuwaiti Dinars per USD
- Source: Google Finance
Recent values | Kuwait: USD Exchange rate |
---|---|
2024  Oct | 0.3064 |
2024  Sep | 0.3052 |
2024  Aug | 0.3054 |
2024  Jul | 0.3058 |
2024  Jun | 0.3065 |
2024  May | 0.3069 |
2024  Apr | 0.3077 |
2024  Mar | 0.3072 |
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Definition: The amount of local currency units that can be exchanged for one USD. An increase (decrease) means USD appreciation (depreciation). The values are monthly averages of the daily exchange rates provided by Google Finance.
Related indicators | Latest | Reference | Measure |
---|---|---|---|
Inflation | 3.6 | 2023 | percent |
Exchange rate regimes | 6 | 2022 | index points |
USD exchange rate | 0.3064 | 10/2024 | Local Currency Units per USD |
Money supply (broad money) | 40.48 | 9/2024 | billion |
Consumer Price Index (CPI) | 134.4000 | 10/2024 | index points |
Inflation, monthly | 0.07 | 10/2024 | percent |
Inflation, annual | 2.44 | 10/2024 | percent |
Private sector credit | 41.09 | 9/2024 | billion |
Business credit | 21.97 | 9/2024 | billion |
Household credit | 19.13 | 9/2024 | billion |
Mortgage credit | 16.33 | 9/2024 | billion |
Consumer credit | 2.80 | 9/2024 | billion |
Deposit interest rate | 4.36 | 9/2024 | percent |