See 3 Countries Whose Currencies Are Greater Than Britain And The United States

Spread the love to your friends
It’s common for many people who are not in blue de change or how don’t understand currency rate to think the Dollar and British pounds are the highest currency in the world due to their opularity.

There are a few number of currencies which are higher than the British Pound’s and the United States Dollars .

In this article I will share with you three currencies that are higher than US Dollars and British pounds.

3. Oman Rial
Why The Omani Rial is Such an Expensive Currency

Currency code – OMR.

Oman Rial rates:

1 OMR = 2.60 USD (Oman Rial to US Dollar).

1 OMR = 2.21 EUR (Oman Rial to Euro).

Oman is a country on the Arabian Peninsula. With its strategic location, it possesses a developed economy and a high quality of life.

The Oman Rial is also pegged to US DollarasBahrain Dinar.

The purchasing power of this currency is so high that the government had to issue 1/4 and 1/2 Rial banknotes.

Read Also:  The Original Americans Are Not White: Meet The Red Indians (Photos)

Omani Rial to Pakistani Rupees (OMR to PKR) - Amazing Oman

2. Bahrain Dinar

Currency Code BHD

Bahrain Dinar rate

1 BHD = 2.66 USD (Bahrain Dinar to US Dollar).

1 BHD = 2.26 EUR (Bahrain Dinar to Euro).

Bahraini Dinar - Global Exchange Brazil

The Bahrain Dinar is the second most valuable currency.

Bahrain is a Persian Gulf island state with a population of over 1 million people. As in the first case, this country’s largest source of wealth is the “black gold” exports.

Bahrain exchange rate with the US Dollar exchange rate, and its rate against the US Dollar has remained stable since 2005.

Bahraini Fils coins - Exchange yours now

1. Kuwaiti Dinar

Currency code KWD

1 KWD = 3.27 USD (Kuwaiti dinar to US dollar).

1 KWD = 2.78 EUR (Kuwaiti dinar to euro).

The highest currency in the world is Kuwaiti Dinar (against the US Dollar).

The high value (rate) of its currency is explained by the abundance of oil exports into the global market and their land

Rare Kuwait 1 Dinar Note UNC: Toys & Games

Kuwait is a small country with wealth. Due to the stability in their petroleum-based economy, developed oil production and export, Kuwait is currently considered to be one of the richest countries in the world.

More than 80% of the country’s revenue comes from the oil industry, as petroleum production here is the easiest and, therefore, the cheapest among other countries.

Central Bank of Kuwait instructs banks to calculate loan to expatriates  based on current salary | Q Kuwait: Everything about living in Kuwait

Since 2003 the currency was pegged to the US Dollar, but in 2007 the government decided to peg the Kuwaiti Dinar to the weighted currency basket.

One of the secret of Kuwait growing economy is that it is a tax free country.

Leave a Reply

Your email address will not be published. Required fields are marked *