Highest Currency In The World List In Indian Rupees

Highest Currency In The World In Rupees – Currency means using a bank note or coin as a medium of exchange. A common definition is that currency is a system of monetary units in common use, especially for the people of a country. For example, the US dollar, euro, Indian rupee, Japanese yen, and pound sterling are all examples of currencies.

Currencies can act as a store of value and can be traded between nations in markets with the help of foreign exchange, which determines the values ​​​​according to different currencies. These currencies are recognized by the government, which is why the Reserve Bank of India issues it in India.

Highest Currency In The World In Rupees (Highest Currency In The World List In Indian Rupees)

It is generally believed that the dollar is the strongest currency in the world, but this is not true. Most of the world’s trade is also done in dollars. Despite this, there are many currencies which are much stronger than the dollar. It is a different matter that these currencies are not in much circulation. In such a situation, know about the 10 strongest currencies of the world.

1) Kuwaiti Dinar

One Kuwaiti Dinar is equal to about Rs 270. Kuwaiti Dinar is the currency of Kuwait. This country is located in the Persian Gulf of West Asia. The value of Kuwaiti Dinar is much higher than the US dollar. Oil is produced in Kuwaiti country. Therefore, the currency of this country (KWD) is in high demand due to its oil wealth.

2) Bahrain Dinar

The value of one Bahraini Dinar is equal to Rs 220. Bahraini Dinar is the currency of Bahrain. Bahrain is located in the Gulf of Persia in West Asia and this country has 50 natural islands and 33 artificial islands. Bahraini Dinar is second in terms of the world’s most expensive currency. Oil is produced in Bahrain and oil products like gas, petroleum and kerosene are exported from this country. This makes the value of the country’s currency (BHD) very high.

3) Omani Rial

The value of one Omani Rial is equal to Rs 216. Omani Rial is the national currency of the Sultanate of Oman, which is located on the southeastern coast of the Arabian Peninsula. OMR is at number three in the list of the most expensive currency in the world. The reason for the expensive Omani currency is that this currency is divided into 1000 baisa. Thus most countries usually divide their currencies into 100 units.

4) Jordan Dinar

The value of one Jordan Dinar is equal to Rs 117. Jordan Dinar is the currency of Jordan, an Arab country in West Asia. Due to strong national economy, and large scale exports, JOD (Jordanian Dinar) has a very strong value and JOD is pegged to the US Dollar. Jordan Dinar is ranked fourth in the world’s Sabse Mehngi Currency List in the World.

5) Gibraltar Pound

The value of one Gibraltar Pound is approximately Rs 107. Gibraltar Pound (GIP) is the currency of Gibraltar. Gibraltar is located on the south coast of Spain, which is a British Overseas Territory. Gibraltar Pound (GIP) is the 5th most expensive currency in the world. The British Pound currency was first used in Gibraltar.

6) British Pound

The value of one British Pound is approximately Rs 107. GBP i.e. British Pound is the currency of England. According to the value of the currency of India, the value of 1 Pound (GBP) currency of England is approximately Rs 107. Top exports of England are the reason for the high value of its currency (gbp – British Pound). Various machinery, cars, precious metals and minerals, pharmaceuticals, and much more are exported from England, and the demand for these products is constantly high. Therefore the value of British Pound is always Sabse Mehngi Currency.

7) Cayman Islands Dollar

The value of one dollar of the British territory Cayman Islands is equal to about Rs 100. Cayman Islands Dollar (KYD) is the official currency of Cayman Islands, which is ranked seventh in the world in terms of expensive currency (Sabse Mehngi Currency). KYD currency is expensive, the reason for this is that Cayman’s strong financial services and economy have ranked this currency in the top 10 world currencies.

8) Swiss Franc

The value of one unit of Switzerland’s currency Swiss Franc is equal to about Rs 96. Swiss Franc is the legal currency of Switzerland and Liechtenstein, which CHF is considered a stable currency in the world economy. The financial stability of Switzerland is its high level of transparency in information. CHF charges low bank interest rates which is an attractive currency for investment, hence CHF is the most expensive currency.

9) Euro

The value of one unit of Europe’s currency Euro is equal to about Rs 90. Euro currency is used in 19 countries of the European Union. The euro is divided into 100 cents and the European Central Bank sets the monetary policy for the eurozone.

10) US Dollar

The value of one US dollar is equal to about Rs 83. USD comes at number 10 in this list of the 10 most expensive currencies in the world. USD is used in the United States as well as in many other countries. USD is used as an international currency, as exchange rates around the world are pegged against the US dollar, hence strengthening the dominance of USD as an international currency.