Are you wondering which currency is the highest in the world? When you think of the highest currencies in the world, you would think of the US Dollar or British Pound or Euro. But you must be surprise to know that the most expensive currencies are none of the mentioned ones and they even don’t belong to the wealthiest nations of the world. The ‘Highest Currency’ is based on the high value of them when exchanged with INR
Kuwaiti Dinar (KWD)
The highest currency in the world is none other than Kuwaiti Dinar or KWD. Initially, one Kuwaiti dinar worth one pound sterling when the Kuwaiti dinar was introduced in 1960. The currency code for Dinars is KWD. The most popular Kuwait Dinar exchange rate is the INR to KWD rate. Indian expat community is very strong in Kuwait, hence the reason for being a popular currency pair.
Bahraini Dinar (BHD)
The Bahraini Dinar or BHD is the currency of Bahrain. Located in the Arabian Gulf, Bahrain is also heavily reliant on oil exports. The most popular Bahrain Dinar exchange rate is the INR to BHD rate. The currency code for Dinars is BHD, and the currency symbol is BD. Bahraini dinars are pegged to the US dollar and are used only in Bahrain. Indians are the largest expat group in Bahrain and that explains the reason for INR to BHD popularity.
Omani Rial (OMR)
The Omani Rial or OMR is the currency of Oman. Before 1940, Oman used INR as its official currency and this is why the most popular Rial exchange rate is INR to OMR Rate. Situated on the south eastern coast of the Arabian Peninsula, Oman’s economy mostly relies on the oil reserves that they have.
Jordanian Dinar (JOD)
The Jordanian dinar or JOD is the currency of Jordan. In 1950, the currency replaced the Palestinian pound as Jordan’s official currency. West Bank used Jordanian Dinar and the Israeli shekel as well. The government of Jordan keeps fixed exchange rates which is a major reason behind that the currency’s value is so high.
British Pound (GBP)
The pound sterling (£) or GBP is the currency of Great Britain and is the 5th strongest currency in the world. It is also the official currency of Jersey, Guernsey, the Isle of Man, South Georgia and the South Sandwich Islands, the British Antarctic Territory, and Tristan da Cunha. The most popular United Kingdom Pound exchange rate is the EUR to GBP rate.