Today, March 1, 2026, is a Sunday because global foreign exchange markets are closed. For expatriates sending money from Gulf countries to India, the currency rates remained stable at the previous trading day’s closing price. No major fluctuations have been seen in currencies like Saudi Riyal, UAE Dirham and Kuwaiti Dinar.
Today’s latest rates of currencies of Gulf countries
Kuwaiti Dinar still remains in its strongest position and its price is above Rs 298. The currencies of most Gulf countries are linked to the US dollar, so the movement of the rupee against the dollar decides these rates. You can see today’s latest mid-market rates in the table below.
Country Name Currency Indian Rupee (INR) Kuwait Kuwaiti Dinar (KWD) ₹298.119 Oman Omani Rial (OMR) ₹236.557 Bahrain Bahraini Dinar (BHD) ₹241.554 Qatar Qatari Riyal (QAR) ₹24.9818 UAE UAE Dirham (AED) ₹24.7956 Saudi Arabia Saudi Riyal (SAR) ₹24.2738 Jordan Jordanian Dinar (JOD) ₹128.456
Important rules and information for money senders
Banks and official exchange houses remain closed in India on Sundays. Rates visible on digital platforms are for information only. If you send money outside India, keep in mind the rules of the Liberalized Remittance Scheme (LRS). You may have to pay 20 percent TCS if you send more than Rs 7 lakh in a financial year.
Due to the stability of oil prices in the economy of Gulf countries, their currencies have remained quite strong. Expatriates are advised to verify the final rate with their bank or authorized exchange dealer before making any major transactions as it may change over time.
