Central Bank of Kuwait USD/KWD Exchange Rate History, 2008–2026, with 2026 Monthly Averages
The Kuwaiti dinar is the highest-valued currency unit in the world, and its official rate against the dollar is one of the most stable in the AllRatesToday archive. On 2 January 2008 the Central Bank of Kuwait published 0.2731 dinars per dollar. On 22 October 2026 it published 0.3080. In almost 19 years the rate has never left a band between 0.2646 and 0.3108. This article sets out that history from the bank's own published rates (4,645 daily tables) and gives monthly averages for the last 13 months, the figure most people looking up "USD KWD September 2026" actually need.
What this series is. The Central Bank of Kuwait publishes one exchange table per business day, about 134 currencies in dinars per unit. Since May 2007 the dinar has been pegged to an undisclosed basket of currencies, so its dollar rate drifts slowly as the dollar moves against the other currencies in the basket. Rates below are dinars per dollar; divide 1 by the figure for dollars per dinar.
The shape of the series
2008: the strongest dinar
The archive opens a few months after the move to the basket peg, with the dollar weak worldwide. On 27 May 2008 the bank published 0.2646 dinars per dollar, about 3.78 dollars per dinar, the strongest the dinar has been in the series. The year ended at 0.27595 as the dollar recovered during the financial crisis, and 2009 ended at 0.2868.
2010 to 2014: between 0.27 and 0.29
For five years the rate stayed in a narrow range. Its low in that period was 0.2718 on 29 August 2011 and its high 0.2932 on 7 June 2010. At the end of 2014 it was 0.2928.
2015: the step to 0.30
The broad dollar rally of 2014 and 2015 lifted the rate from 0.2805 in May 2014 to 0.3044 in November 2015. It opened 2015 at 0.2934 and closed it at 0.3035. It has not been back below 0.298 since.
2016 to 2026: a band about 0.012 wide
Every daily rate from 2016 onward sits between 0.29825 (11 February 2016) and 0.3108 (28 September 2022), the weakest point in the series, when the dollar was at a 20-year high against the euro. In 2026 the rate has moved between 0.30475 and 0.3083.
Year by year: USD/KWD in the Central Bank of Kuwait's tables
"First" and "Last" are the first and last tables of the year; the low and high are the extremes of the daily series within that year.
| Year | First | Last | Low | High |
|---|---|---|---|---|
| 2008 | 0.2731 | 0.27595 | 0.2646 | 0.2760 |
| 2009 | 0.27785 | 0.2868 | 0.27785 | 0.29385 |
| 2010 | 0.2871 | 0.2806 | 0.27985 | 0.2932 |
| 2011 | 0.2803 | 0.27855 | 0.2718 | 0.2820 |
| 2012 | 0.27835 | 0.28125 | 0.27685 | 0.28545 |
| 2013 | 0.2811 | 0.28205 | 0.28095 | 0.2868 |
| 2014 | 0.28285 | 0.2928 | 0.2805 | 0.2929 |
| 2015 | 0.2934 | 0.3035 | 0.2934 | 0.3044 |
| 2016 | 0.3036 | 0.30605 | 0.29825 | 0.30615 |
| 2017 | 0.30585 | 0.30175 | 0.3009 | 0.30635 |
| 2018 | 0.3014 | 0.3033 | 0.2992 | 0.3042 |
| 2019 | 0.30315 | 0.30305 | 0.30265 | 0.30445 |
| 2020 | 0.30305 | 0.30325 | 0.30295 | 0.3099 |
| 2021 | 0.30325 | 0.3025 | 0.3003 | 0.30335 |
| 2022 | 0.3025 | 0.3063 | 0.30205 | 0.3108 |
| 2023 | 0.30585 | 0.30675 | 0.30465 | 0.3092 |
| 2024 | 0.30705 | 0.3081 | 0.3047 | 0.30815 |
| 2025 | 0.30845 | 0.3054 | 0.30435 | 0.30895 |
| 2026 | 0.3054 | 0.3080 (22 Oct) | 0.30475 | 0.3083 |
Dinars per US dollar. Source: Central Bank of Kuwait daily exchange rates, via the AllRatesToday archive. 2026 runs to 22 October.
Monthly averages: the last 13 months
Simple averages of the bank's published daily rates for each month, in both directions.
| Month | KWD per USD | USD per KWD | Tables |
|---|---|---|---|
| October 2025 | 0.30532 | 3.2753 | 22 |
| November 2025 | 0.30597 | 3.2683 | 21 |
| December 2025 | 0.30552 | 3.2731 | 23 |
| January 2026 | 0.30548 | 3.2736 | 19 |
| February 2026 | 0.30533 | 3.2751 | 18 |
| March 2026 | 0.30644 | 3.2633 | 20 |
| April 2026 | 0.30655 | 3.2622 | 22 |
| May 2026 | 0.30649 | 3.2627 | 17 |
| June 2026 | 0.30734 | 3.2537 | 21 |
| July 2026 | 0.30774 | 3.2495 | 22 |
| August 2026 | 0.30705 | 3.2567 | 21 |
| September 2026 | 0.30719 | 3.2553 | 22 |
| October 2026 | 0.30810 | 3.2457 | 16 |
October 2026 runs to the 22nd. The bank does not publish on Fridays, Saturdays or Kuwaiti public holidays.
What the table looked like on 22 October 2026
The bank's table is unusually wide, about 134 currencies. A selection, in dinars per one unit:
| Currency | KWD per unit | Currency | KWD per unit |
|---|---|---|---|
| US dollar (USD) | 0.308 | Saudi riyal (SAR) | 0.082133 |
| Euro (EUR) | 0.346315 | UAE dirham (AED) | 0.083855 |
| British pound (GBP) | 0.412689 | Bahraini dinar (BHD) | 0.818972 |
| Swiss franc (CHF) | 0.374354 | Egyptian pound (EGP) | 0.005664 |
| Chinese yuan (CNY) | 0.046145 | Canadian dollar (CAD) | 0.219459 |
| Australian dollar (AUD) | 0.21606 | Hong Kong dollar (HKD) | 0.039256 |
Pulling any date from the archive
The latest table is free and needs no key:
GET https://allratestoday.com/api/open/central-bank/cbk A specific past date returns the table the bank published that day. If the bank published nothing that day, the response carries the most recent earlier table and says so, instead of guessing:
GET https://allratestoday.com/api/v1/central-bank/cbk/2022-09-28?source=USD&target=KWD
Authorization: Bearer art_live_your_key
{
"bank": "cbk",
"requested_date": "2022-09-28",
"rate_date": "2022-09-28",
"published_on_requested_date": true,
"source": "USD",
"target": "KWD",
"rate": 0.3108,
"rate_type": "reference",
"derived": false,
...
} Leave off the pair parameters and the same call returns all 134 currencies from that day's table.
Or with the npm SDK:
import { getRatesForDate } from 'cbk-exchange-rate';
const day = await getRatesForDate('2022-09-28', { apiKey: process.env.ALLRATES_KEY });
const row = day.rates.find(r => r.base === 'USD' && r.quote === 'KWD');
console.log(day.rate_date, row.value); // 2022-09-28 0.3108 Historical dates and time series need a paid plan. The spoke page for the bank also has an Excel and CSV download for any date range from 2008, and the same archive is in the open central-bank exchange rates dataset under a CC BY-NC 4.0 licence for research and non-commercial use.
Converting dinar invoices? At three dollars to the dinar, a fourth decimal place matters. Use the bank's published rate for the document date at full precision and store the publication date with it.
Frequently Asked Questions
What is the Central Bank of Kuwait's official USD/KWD rate?
On 22 October 2026 the Central Bank of Kuwait published 0.3080 dinars per US dollar, which is 3.2468 dollars per dinar. The bank publishes a table every business day for about 134 currencies; the latest table is free to read through the AllRatesToday API without a key.
What was the average USD/KWD rate in September 2026?
0.30719 dinars per dollar, the simple average of the Central Bank of Kuwait's 22 published daily rates in September 2026. August 2026 averaged 0.30705 and October 2026, to the 22nd, 0.30810.
Why does the Kuwaiti dinar move against the dollar if it is pegged?
Since May 2007 the dinar has been pegged to an undisclosed basket of currencies rather than to the dollar alone. When the dollar strengthens against the other currencies in the basket, the dinar weakens slightly against the dollar, and the reverse. That is why the official USD/KWD rate drifts within a narrow range instead of staying fixed.
When was the Kuwaiti dinar strongest against the dollar?
On 27 May 2008, when the Central Bank of Kuwait published 0.2646 dinars per dollar, about 3.78 dollars per dinar. The weakest point in the series is 0.3108 on 28 September 2022, about 3.22 dollars per dinar.
Can I get the Central Bank of Kuwait rate for a past date?
Yes, for any business day from 2 January 2008. The rates-for-date endpoint returns the table in force on that date for all the currencies the bank listed that day. The latest table is free; historical dates need a paid plan.
Every Central Bank of Kuwait Table Since 2008
About 134 currencies, 4,645 daily tables, every rate the bank published with its own date attached. Plus 121 other central banks and 4 tax authorities in the same API.
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