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From which country has the highest currency exchange right now ?
It's not the USD but it's just ²nd in the highest money currency rate in the World
10 Answers
- 9 months agoFavorite Answer
Kuwaiti Dinar holds the reputation of being the strongest currency in the world. Abbreviated to KWD, Kuwaiti Dinar is commonly used in oil based transactions in Middle East. KWD has the highest currency in the world against Indian rupee as 1 Kuwaiti Dinar is equal to 233.75 INR.
- Anonymous9 months ago
I don't listen to news but I HAVE INTERNET, so It's Kuwaiti.
- Anonymous9 months ago
Kuwait is a country full of wealth created from the small petroleum-based economy as well as a leading position in the financial service for GCC countries. These industries combined have led Kuwait's dinar to be the highest valued currency in the world. They are ONE OF The RICHEST COUNTRIES IN THE WORLD!
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- 9 months ago
No wonders. I see. Kuwaiti is rich in oil and I you exporting Other countries such as Uk , it will cost even bigger than Uk money.
- 9 months ago
Which is the richest country in the world 2019?
The Richest Countries in the World
2019 Rank
Country
GDP per capita 2019 (Projected)
1
Luxembourg
119719
2
Norway
86362
3
Switzerland
83832
4
Ireland
81477
- OiyLv 79 months ago
If you mean in economics an over or undervalued currency, you need the Big Mac Index. And it is Kuwait. But it is not even a currency. It may be if you are the brotherhood. For investors, it is Yen Nd Japan. It gets stronger even during the pandemic.
- 9 months ago
Kuwait was a protectorate of United Kingdom before the second world war. Their currency is pegged with British Sterling. That's why when they introduce Kuwaiti dinar it is initially with the same value as British pound. and because of it's strong economy due to oil export, the value of dinar keeps rising.
Source(s): Oh good to know! - ?Lv 59 months ago
That wouldn't tell you anything meaningful. For instance, a Peso is worth about 4.75 Yen, but that doesn't mean Japan's economy is 4.75x weaker than Mexico's.