
World's Strong Currency: Dollar is used all over the world. Transactions in foreign trade are done in dollars only, hence dollar has a great status in the global market. But, you will be surprised to know that the dollar is in 10th place in terms of the world's strongest currency. You may be shocked for a while knowing this but it is true. The world's most valuable currency belongs to an Arab country. Let us tell you the name of this high-value currency and its value against the rupee.
Kuwaiti Dinar No.1
The Kuwaiti Dinar (KWD) is the most valuable currency in the world. The value of one Kuwaiti Dinar is around Rs 274 in Indian rupees. The biggest reason for the Kuwaiti Dinar being so valuable is that this country is an oil exporter. Due to economic stability, oil reserves, and a tax-free system in Kuwait, the Kuwaiti Dinar is the most valuable currency in the world.
These currencies are also popular.
After the Kuwaiti Dinar, the Bahrain Dinar is the second most valuable currency in the world. Bahrain is also a major oil exporting country in the world. The value of one Bahraini Dinar is Rs 223.09. Oman's Omani Rial is the third most valuable currency in the world. The value of one Omani Rial is Rs 218.40. The Jordanian Dinar is the fourth strongest currency in the world. The value of one Jordanian Dinar is Rs 118.60.
Dollar-pound number down
The British Pound is the 5th most valuable currency in the world. It is followed by the Gibraltar Pound, Cayman Islands Dollar, Swiss Franc, Switzerland and Liechtenstein's currency. The US Dollar is the most widely accepted currency globally. But, it is ranked 10th among the strongest currencies in the world.