|Sr.No.||Highest Currency in the World||In INR (in Jan 2020)|
|1||The United States Dollar||71 INR|
|2||Swiss Franc||74 INR|
|3||Cayman Island Dollar||85 INR|
Why Kuwaiti dinar is so high?
Form the past 30 Years, Kuwaiti dinar is the highest currency. Kuwait’s highly developed petroleum industries, as well as its leading financial services, are the two major reasons due to which its currency is way stronger than US dollar.
Which country currency is cheaper than India?
1. Algeria. The African country of ‘Algeria,’ easily tops our lists of countries that have a lower currency value than the Indian rupee.
Are Kuwaitis rich?
The economy of Kuwait is a wealthy petroleum-based economy. Kuwait is one of the richest countries in the world. The Kuwaiti dinar is the highest-valued unit of currency in the world. According to the World Bank, Kuwait is the fifth richest country in the world by gross national income per capita.
Why Kuwait is dangerous?
Health hazards in Kuwait
However, there are still unexploded munitions, including landmines in many rural areas, at beaches and recreational sites. People have been injured after picking up metal or plastic objects. … Being a Gulf state Kuwait often experiences extremely high temperatures.
Is Kuwait expensive to live?
A single person estimated monthly costs are 691$ (208KWD) without rent. Kuwait City is 51.34% less expensive than New York (without rent).
Cost of Living in Kuwait City.
|1 Pair of Men Leather Business Shoes||26.52KWD|
|Rent Per Month||Edit|
|Apartment (1 bedroom) in City Centre||266.56KWD|
|Apartment (1 bedroom) Outside of Centre||209.33KWD|
What is the world’s safest currency?
TOP 10 – The Most Stable Currencies in the World in 2021
- #1 – Swiss Franc. Currency code – CHF. …
- #2 – Japanese Yen. Currency code – JPY. …
- #3 – Norwegian Krone. Currency code – NOK. …
- #4 – Swedish Krona. Currency code – SEK. …
- #5 – European Euro. …
- #6 – Singapore Dollar. …
- #7 – United States Dollar. …
- #8 – Australian Dollar.
Which country has lowest money value?
Economy > Currency > Least valued currency unit > Exchange rate to 1 US dollar: Countries Compared
Which country money is expensive?
Kuwaiti Dinar: 1 KWD = 3.26 USD
The Kuwaiti dinar (KWD) was the most valuable government-backed currency as of 2020. Some currencies not backed by governments, such as gold and bitcoin, were actually worth far more. Substantial oil production helped augment Kuwait’s wealth and support the value of the Kuwaiti dinar.