We all know how important currencies are to us at present. We need currency to buy any kind of goods or amenities. That is, we can understand that living without currencies is impossible in the present time, but it was possible in earlier times when the barter system was applicable. Under which we can replace one thing with another. That is, instead of giving rice, we could take some other grain or any other thing from any person.
In ancient times, the barter system was used in all countries of the world to trade and buy and sell goods. But in today’s time, each country has its currency, through which the people of that country buy and sell any goods or facilities in their country.
But the value of currencies of different countries is different. That is, when we use the currency of any other country in India, then its value will be different on converting it into Indian currency.
For example, if we convert 1 US dollar into Indian currency, then its price will be ₹ 79.89, this price keeps on increasing and decreasing with time. The reason for the strong or weak currency of any country is the use of that currency.
Each country has reserves of currencies of other countries which are used for transactions. Due to the decrease in these reserves, the price of the currency also keeps on increasing and decreasing.
Due to the use of the US dollar by most of the countries of the world in international trade and its acceptance in most countries, the US dollar has a place as a global currency and due to more or less of this currency reserves, the strengthening and weakening of Indian rupee mean. is estimated.
In this article, we will tell you about the world’s most expensive currency and
Here is Top 10 Most Expensive Currency in the World
The currency of the country of Kuwait is the most powerful currency in the world and the reason for this is the huge oil reserves found here which Kuwait exports all over the world. Its currency code is KWD. The cost of 1 dinar is equal to 259.25 in India. This price keeps on increasing and decreasing with time.
The currency of Bahrain is also comes in the most expensive currency in the world. This currency is second only to the Kuwaiti dinar. The reason for this is the export of black gold by this country all over the world. The price of a 1 Bahraini Dinar is 211.82 Indian Rupees. Its currency code is BHD.
Rial is the currency of Oman country whose currency code is OMR. It is the third strongest currency in the world. The price of one Oman Rial is 188.99 Indian Rupee.
The next country on our list of the world’s most expensive currencies in Jordan. The currency of this country is considered to be the fourth strongest currency in the world. Its currency code is JOD. The price of 1 Jordanian Dinar in Indian currency is 112.41 ₹.
The British Pound is the fifth strongest currency in the world. It is not only in the United Kingdom but it is also the currency of many other countries like Jersey, South Georgia, South Sandwich Islands, etc. This pose is also called starling. Its currency code is GBP. The cost of 1 British Pound is 94.50 Indian Rupees.
Cayman Islands Dollar
Known for its tourist destinations, the currency of the Cayman Islands is the sixth strongest currency in the world, coded as KYD. The price of 1 Cayman Islands Dollar is 87.92 Indian Rupee.
The European Euro is the most famous currency after the US Dollar, it would not be wrong to say so. Therefore, this currency is also included in the top 10 list of the most expensive currency in the world.
Let us tell you that apart from all European countries, it is used all over the world, and the European currency is the seventh strongest currency in the world. Its currency code is EUR. The cost of 1 European Euro is 8032 Indian Rupees.
Switzerland is considered the most beautiful country in the world. The beauty of this country with a population of only 85 lakhs is famous all over the world. This is the reason that every year millions of tourists come.
The currency of Switzerland is named the Swiss Franc. Its currency code is CHF and it is the eighth strongest currency in the world. The price of 1 Swiss Franc is 81.55 Indian Rupees. This currency is included in the list of the most expensive currency in the world.
Currency of America The US dollar is a currency that is used all over the world. This currency is easily used in most countries. US Dollar is such a currency in the world that if you go to any country then you will not get into trouble because it has value everywhere.
The code of this currency is USD and this currency comes at number nine in the top 10 list of the most expensive currency in the world. Let us tell you that the price of 1 US Dollar is currently 79.89 Indian Rupees. This price fluctuates from time to time.
Top 10 Most Expensive Currency in the World Now the next name in the list of currencies in Canada, the currency of this country is the 10th strongest currency in the world and it is called Canadian Dollar. It is the national currency of Canada and its currency code is CAD.
The price of 1 Canadian Dollar is 61.08 Indian Currency. But these prices are not fixed and their prices change from time to time. Hope you liked our article (Top 10 Most Expensive Currency in the World) very much, you can also share your thoughts with us by commenting.