When thinking of the world's most valuable currencies, the US dollar, the British pound, or the euro immediately spring to mind. None of the aforementioned currencies, though, will be the most costly in 2024. What makes a currency the "highest" one is how much it is worth in Indian rupees.
1 The Kuwaiti dinar (KWD)
The strongest currency in the world, the Kuwaiti dinar (KWD), is a representation of Kuwait's economic might. Due to the large number of Indian expatriates in Kuwait, the KWD to INR rate is the most often used Kuwait Dinar exchange rate.
Because to Kuwait's stable economy, the dinar is still the most valuable currency in the world.
Due to the possession of one of the greatest oil reserves in the world, the nation's economy is mostly dependent on oil exports. Additionally, be informed that employees in Kuwait are not subject to taxes.
The current value of one KWD is 271.00.
2 Dinar de Bahrain (BHD)
The Bahraini Dinar, or BHD, is the country's currency. The most widely used Bahrain Dinar conversion rate is INR to BHD. BHD, placing it as the world's second-highest currency.
At the moment, one BHD is worth 220.58 rupees.
3 Omani Rial (OMR)
The Omani Rial, or OMR, is the national currency of Oman. Up until 1940, Oman's national currency was INR. The most widely utilized Rial exchange rate is the INR to OMR rate because of this.
At present, one OMR is valued at Rs. 215.16
4The dinar of Jordan (JOD)
The West Bank used Israeli shekels and Jordan's national currency, the dinar (JOD). Its stable exchange rates are one of the main causes of this currency's high worth. The most popular exchange rate for Jordan dinars is JOD to EUR. Since Jordan's economy is not primarily dependent on oil exports, it is diversified across a number of industries.
At present, one JOD is valued at Rs. 117.35.
5 The British Pound (GBP)
The United Kingdom's official currency is the pound sterling (£), or GBP. The most widely used conversion rate for UK pounds is the EUR to GBP rate. In the foreign exchange markets, sterling is the fourth most traded currency, behind the US dollar, the euro, and the Japanese yen. In addition, the pound sterling is the oldest piece of money still in circulation.
At the moment, one GBP is worth 105.85 rupees.
6 GBP, or Gibraltar Pound
Gibraltar's official currency is the Gibraltar pound (GIP). It is convertible and fixed to the value of the British pound sterling. The central bank that oversees the GIP and is in charge of coin minting and note printing is the Government of Gibraltar. Gibraltar's economy is becoming more and more dependent on a number of sectors, such as e-gaming and tourism.
At present, the value of one GIP is Rs. 105.93.
7 Dollar Cayman (KYD)
The Cayman Islands Dollar replaced the Jamaican Dollar as the national currency of the Cayman Islands. The most popular Cayman Islands Dollar exchange rate is USD to KYD.
One KYD is presently worth 99.69.5.93 rupees.
8 The Swiss Franc (CHF)
The Swiss Franc is the official currency of Liechtenstein and Switzerland. The most popular exchange rate for Swiss Francs is EUR to CHF. Rather than outlawing the Franc, the nation chose to maintain a dual currency system when it joined the currency union, pegging the Franc to the Euro.
At the moment, one CHF is equal to Rs. 98.61.
9 The euro (EUR)
The official currency of the eurozone, which consists of 19 of the 27 member nations of the European Union, is the euro (EUR). The Euro is the second most traded currency globally and the second largest reserve currency after the US dollar.
At the moment, one Euro is worth 91.76 rupees.
10 US Dollar (USD)
The US dollar is the official currency of the United States of America. It is the most traded currency globally. The US dollar exchange rate that is most frequently utilized is the USD to EUR rate. The strength of the United States in the global political arena supports it. Over time, the USD has greatly increased in value.
One USD is currently worth 83.28 rupees.
Top 10 strongest currencies in the world
currency | Value In Rs | Value in USD |
#1 Kuwaiti Dinar (KWD) | 270.23 | 3.25 |
#2 Bahraini Dinar (BHD) | 220.44 | 2.65 |
#3 Omani Rial (OMR) | 215.84 | 2.60 |
#4 Jordanian Dinar (JOD) | 117.10 | 1.41 |
#5 Gibraltar Pound (GIP) | 105.52 | 1.27 |
#6 British Pound (GBP) | 105.54 | 1.27 |
#7 Cayman Island Dollar (KYD) | 99.76 | 1.20 |
#8 Swiss Franc (CHF) | 97.54 | 1.17 |
#9 Euro (EUR) | 90.89 | 1.09 |
#10 United States Dollar (USD) | 83.10 | 1.00
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