1 KWD to IQD - Convert Kuwaiti Dinar to Iraqi Dinar

Looking at the 30-day window, the KWD/IQD pair traded in a range of 4,133.4574 to 4,402.1146. The monthly average was 4,265.5519 with 1.8% volatility. This downward movement of 2.9% suggests significant momentum in the KWD/IQD exchange rate.

The current mid-market exchange rate is 1 KWD = 4,255.0035 IQD, updated as of July 3, 2026, 6:25 AM UTC. Mid-market rates represent the fairest available rate and are the midpoint between buy and sell prices on global currency markets. Actual transaction rates from banks or money transfer services may include a markup above this rate.

Kuwaiti Dinar to Iraqi Dinar Exchange Rate

The KWD/IQD exchange rate tells you how many Iraqi Dinar (IQD) you receive for every Kuwaiti Dinar (KWD). At the current mid-market rate of 1 KWD = 4,255.0035 IQD, this pair reflects live supply and demand conditions on the global foreign exchange market. The rate updates every 15 minutes on this page, giving you the most current data available.

Understanding the KWD/IQD Conversion

Converting Kuwaiti Dinar to Iraqi Dinar involves the mid-market rate, which represents the midpoint between what buyers are willing to pay and what sellers are asking. Banks and money transfer services typically add a markup of 1-4% above this rate. By checking the live mid-market rate on this page before making any conversion, you can evaluate how competitive any quoted rate truly is and avoid paying more than necessary for your currency exchange.

Kuwaiti Dinar Overview

The Kuwaiti Dinar (KWD) is the official currency of Kuwait and the world's highest-valued currency unit. Kuwait's oil reserves and sovereign wealth fund support the dinar's exceptional purchasing power. Understanding the fundamentals behind KWD helps contextualize its exchange rate movements against IQD and other currencies.

Iraqi Dinar Overview

The Iraqi Dinar (IQD) is the official currency of Iraq. The Central Bank of Iraq manages the currency through a managed float system, with oil exports providing the primary source of foreign exchange. The IQD exchange rate against KWD reflects relative economic conditions between the two currency areas.

Reverse Rate: IQD to KWD

The reverse exchange rate is 1 IQD = 0.000235 KWD. This is useful if you are starting with Iraqi Dinar and want to know how much Kuwaiti Dinar you will receive. Both the forward and reverse rates update simultaneously every 15 minutes on this page. You can also visit our dedicated IQD to KWD converter for the reverse direction.