In the modern world, there are more than 180 currencies. Among them, the most expensive are the currencies of Middle Eastern oil-producing countries: Kuwait, Bahrain and Oman.

The economy is perhaps one of the most flexible state spheres. She experiences “ups and downs” almost every day, and above all, this affects the exchange rate. Racing on the currency exchange occurs hourly, which we, as ordinary inhabitants, can observe, for example, in the news. We present to you the world currency rating for today against the dollar. Why to the dollar? Because it is one of the world's reserve currencies.

In 2017, the most expensive currency in the world is still the Kuwaiti dinar. And the cheapest currency is the Iranian rial.

In relation to the Russian currency, 1 Kuwaiti dinar is equal to approximately 190 rubles, 1 Iranian rial - 0.0017 rubles.

Currency table of the countries of the world

The most expensive currencies in the world

5. British pound

Pound sterling is the main currency of the UK. Initially, pounds were used in all English colonies, only locally produced, and they differed in appearance. To date, the situation has not changed, and in the former colonial countries of the United Kingdom they still issue their pounds, which, however, are not accepted in the UK itself. It is worth noting that sterling used to be called silver coins, and banknotes appeared only at the end of the 17th century.

4. Jordanian dinar

Jordanian Dinar is the official currency of the Jordanian Kingdom located in the Middle East. The value of this currency in world economic relations is very difficult to explain even to the most experienced experts. To begin with, the economy of this country is extremely unstable, and the state itself is poorly provided with resources. However, most analysts agree that the value of the dinar is determined by the development of agriculture and pegging to the US dollar.

3. Omani rial

The value of this currency in the world is quite logical and explainable. Oman is a state on the Arabian Peninsula with very high rates of economic development. Due to the high cost of the currency, it is issued in denominations of a quarter or half rial. Also, experts attribute this to a strong pegging to the US dollar. It is worth noting that the rial rate fluctuates specularly with the United States dollar.

2. Bahraini dinar

This currency has won its place in the ranking solely due to oil sales, as this is an economically-forming factor in Bahrain. Bahrain is located in the Arabian Gulf, and its population does not exceed one million people. As for the interesting facts about this dinar, we only know that its rate has not changed for more than 15 years, which makes it the most stable currency in the world.

1. Kuwaiti dinar

Today, the Kuwaiti dinar is the most expensive currency in the world. As in the case of the Bahraini dinar, the rise in prices for the Kuwaiti currency is due to the active export of oil and oil products. In addition, oil sales are the country's main and only economic base. It is worth noting that the Kuwaiti dinar has been in global circulation since 1996.

Monitoring exchange rates can be one of the components of your success in the financial sector. Many people make a very good career, earning specifically from currency fluctuations. Tomorrow you may be among them, and this is quite real.

Watch the video: 10 Highest Currency in the World 2020. Most Expensive Currencies (November 2024).