#world money exchange rate
Which Country has Highest Currency Value
Value of currency can be determined from its purchasing power that how much we purchase or buy with a single unit. Economy of a nation is purely based on its money unit. Some famous currencies are as follows:
Kuwait is the country which has very stable and strongest currency unit as compared to other countries. which is very strong, most expensive and stable. If it is compared with other units it will be the highest valued.
Capital. Kuwait City
Official Language: Arabic
Official Currency. Kuwaiti Dinar
Kuwait s One Dinar
The Dinar was introduced in 1961 to replace the Gulf Rupee. Initially, it was equal to one pound sterling. Kuwaiti Dinar is the currency and its code is KWD .
Comparison with other currencies
1 KWD = 3.42 USD
1 KWD = 2.80 Euro
1 KWD = 217.97 Indian Rupee
1 KWD = 344.25 PKR
more than 3 decades and continuously from comparison of different countries of the world, Kuwait has highest value, most expensive currency throughout the world. and it is more stable as compared to all other currencies.
The fact that wealthiest economies has the most valuable currency had always been a myth to most of the people but it is not always true as of April 2015 there are economies not wealthiest but having more value for their currency. I am going to list top 10 from top to bottom.
10 CAD (Canadian Dollar)- 1 CAD = 0.81 USD
9 AZN (Azerbaijani Manat)- 1 AZN = 0.95 USD
8 CHF (Swiss Franc)- 1 CHF = 1.03 USD
7 EUR (Euro)- 1 EUR = 1.07 USD
6 KYD (Cayman Islands Dollar)- 1 KYD = 1.21 USD
5 JOD (Jordanian Dinar)- 1 JOD = 1.41 USD
4 GBP (British Pound Sterling)- 1 GBP = 1.5 USD
3 OMR (Omani Rial)- 1 OMR = 2.59 USD
2 BHD (Bahraini Dinar)- 1 BHD = 2.65 USD
1 KWD (Kuwaiti Dinar)- 1 KWD = 3.03 USD
So as of now KWD is the most expensive currency.