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How much do the most expensive currencies in the world cost?
The national currency of any country is its national value. There are currencies in the world that are more valuable than other currencies.
Such currencies are:
- Kuwaiti dinar $ 3,27;
- Bahrain dinar $ 2,66;
- Ummon riali $ 2,60;
- Jordanian dinar $ 1,4;
- UK sterling $ 1,23;
- Cayman Islands dollar $ 1,20;
- European Euro $ 1,05;
- Swiss franc $ 1,01;
- US $ 1;
- Canadian dollar $ 0,78.
Kuwait is a small country with great wealth. The high value of its currency is explained by the significant export of oil products to world markets.
Until 2003, the Kuwaiti dinar was tied to the dollar, but in 2007 the government decided to tie it to a multicurrency basket.
In addition to a very stable economy, Kuwait is a country with almost no taxes and very low unemployment.