Though, it is still the oldest in circulation and one of the most traded currencies in the world. Its rate against the US dollar puts GBP only in the 6th position among the highest currencies. ![]() Most people consider that British Pound holds the highest monetary value among other currencies. #2 – Bahraini Dinar ($2.66)ġ GBP = 1.19 USD (British Pound Sterling to US Dollar)ġ GBP = 1.15 EUR (British Pound Sterling to Euro) 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. ![]() Kuwaiti Dinar was first introduced in 1960 after the country gained its independence from the United Kingdom and was initially equivalent to one Pound Sterling. Petroleum production here is the easiest and, therefore, the cheapest among other countries.īesides, Kuwait is a tax-free country with a very low unemployment rate.Īll of this makes it rank 8th in the list of countries with the highest GDP per capita. Such a high value is explained by Kuwait's stable economy and significant oil exports into the global market, producing almost 95% of the country's revenue.Īccording to the estimates, about 9% of the global oil reserves are located on its territory. ![]() ![]() Today, Kuwaiti Dinar is the highest-valued currency in the world, estimating at $3.25 per Dinar. 20 Highest Currencies in the World in 2022 #Īnd now, we'll get a closer look at top 10 currencies and find out what makes them so highly valued.ġ KWD = 3.25 USD (Kuwaiti Dinar to US Dollar)
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