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Frequently Asked Questions (FAQs) EUR-KWD

How will I know the best euro to Kuwaiti Dinars exchange rate today? Abrir Respuesta

Knowing the best exchange rate for the euro with respect to the dinars today in France, is easy.

The first thing we advise you is to not trust the prices of the currency converters you can find on the Internet. These prices are for foerign currency but not for notes. Furthermore, they are reserved for financial institutions. The rates you are charged as an individual are less appealling.

Secondly, we advise you to search at the direct euro to Kuwaiti Dinars exchange rate (that 0.991 with more or less digits that you see advertised everywhere and that changes every day).

The higher that number is, the more dinars they will give you for every Euro you bring.

For that reason, the best exchange rate will be the higher exchange rate. Comparer Devise makes it easy for you to find out the best euro to Kuwaiti Dinars exchange rate. Our results page shows Kuwaiti Dinars offers from highest to lowest rate of the day in five currency providers, banks and airports in France.

Where to order and where not to buy dinars in France Abrir Respuesta

As a rule, we recommend to avoid any supplier that charges you a fee ás well asan exchange margin, and browse on our website the Euro to Kuwaiti Dinars daily exchange rate.

Practically all French banks apply to you a three per cent fee, with a minimum (whichever is higher) quantity of 6 to 10 euros.

Bear in mind that the smaller the quantity of dinars to order, the higher the impact of this fixed commission on your personal finances.

Is there a ceiling of KWDs that I can order online in France? Abrir Respuesta

holiday money providers in France generally limit the maximum quantity of foreign currency to be purchased (KWDs, etc.) to between 3,000 and 6,000 euros per calendar quarter. This is mandatory by the antimoney laundering norms. If you have to exchange a larger quantity of Euros to KWDs, Comparer Devise recommends to speak directly with the foreign currency provider. They might require from you additional documentation and proof of the source of your Euros (identity card, passport, certificate of professional activity, income statements, etc.).

I have exchanged Euros to , what do I do with my leftover when I return to France? Abrir Respuesta

Once your travels are over, you can exchange your leftover at your closest of the different currency supplier´s branches displayed on the Comparer Devise results page.

Then click/tap on the Sell your currency tab and find your exceeding currency and then enter the quantity of Kuwaiti Dinars notes you wish to exchange. Please do not introduce the value of loose change, for these providers will not admit them.

Is it recommendable to order online or click and collect dinars from Kuwait in France? Abrir Respuesta

Absolutely. If you need to ensure the Euro to Kuwaiti Dinars rate you see on our result page. And also if you want to make sure that the holiday money supplier will not impose on you a fee.

In France there are some foreign currency suppliers with a bad reputation that charge their clients a significant fee when buying dinars from Kuwait directly from their stores without having previously made a reservation on their website.

When is the best moment to buy dinars from Kuwait? Abrir Respuesta

There isn´t a best time to buy dinars from Kuwait because the euro to Kuwaiti Dinars prices change all time depending on the strengths of the economies of the Euro countries with respect to the countries that use dinars from Kuwait.

It is, however, advisable to be attentive to events like Brexit, major sporting events or wars like the Ukraine one, where the rates of a currency can vary upwards or downwards with respect to the Euro.

Although it is impossible to estimate how the Euro to Kuwaiti Dinars prices will fluctuate, at Comparer Devise we help you to obtain dinars from Kuwait at the best rate day to day in France.

How does the euro to Kuwaiti Dinars currency exchange work? Abrir Respuesta

To understand how currency exchange works, think of any retail branch that trades a product to you as a consumer. The supplier acquires merchandise from a supplier named wholesaler at a purchase price, to which it includes a profit margin.

The gap between the final price at which the consumer buys in that shop (eg your KWDs) and what it cost the business to buy those KWDs is the profit it obtains in that currency exchange.

Nevertheless there is a difference in foreign exchange with other activities. In principle, foreign currency notes (KWDs in this case) pass on from consumer to consumer, that is, they are not consumed.

Consequently, it may be the case that a currency provider or a bank buys KWDs from a tourist travelling to France (earning a profit) and those same KWDs pass into your hands when you get that currency (new profit margin).

Where can I get dinars from Kuwait during my holidays in France? Abrir Respuesta

In France there are three businesses where you can order dinars from Kuwait. You will probably think first of your bank. Still, French banks include an exchange rate to your dinars from Kuwait plus a commission of 3%. This implies that, to give an example when you change 1000 euros to dinars from Kuwait you will have to pay a 30 € fee.

alternatively, our other option might be the airport at the last minute. Still, this channel is the most costly of all alternatives because the foreign exchange suppliers that work there, owe a huge chunk of their earnings to the airport manager.

Foreign exchange suppliers located out of the airports in France are a very good option to purchase dinars from Kuwait with euros.

Am I obliged to carry with me any type of document to order KWDs? Abrir Respuesta

The common thing is that the currency provider where you will obtain your KWDs will ask you to show an updated and valid ID card (passport or resident´s identity card called carte nationale d´identité in France). Take into account that your driver's license is not normally accepted as a valid document.

Contrarily banks do not usually ask for any documentation from their customers who acquire KWDs for they already identified them when they opened a bank account with them.

Is it safe to order dinars online in France? Abrir Respuesta

In France, presently there is no problem in buying dinars online. Furthermore to being a very practical service since you buy whenever you want and a courier will do the home delivey for you, you ensure availability and you skip fees. Besides, most currency suppliers with an online service offer free shipping costs with your order.

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