Do you know which is the most expensive currency in the world? USD, EUR or GBP? Judging from the current global development situation, whose currency will be the strongest in the future? According to the information released by the United Nations and other international authoritative organizations, there are more than 180 types of legal tender in the world.
4. Jordanian Dinar
Currency symbol JOD, the maximum denomination is 50 dinars, and the smallest denomination is 1 fil. According to the current exchange rate, 1 dinar is almost equivalent to 1.4 US dollars. Is it a bit unexpected? Maybe I rarely hear about it. After passing through the country of Jordan, why is other people’s currency so valuable? Jordan is a Middle Eastern country with drought and water shortages, and no mineral resources. The main fiscal revenue is tariffs. The total annual import volume is about three times the total export volume. The original currency used was not the dinar, but the Palestinian pound. Although this currency has a limited scope of circulation, it is equivalent to the British pound. In the 1950s, Jordan began to issue its own national currency, the dinar, which remained equivalent to the British pound until 1971 when it was pegged to the dollar. It can be seen that although the dinar was born late, the starting point has always been high.
3. Omani Rial
Currency symbol OMR, the maximum denomination is 50 rials and the minimum denomination is 5 besas. Currently 1 riyal can be exchanged for 2.6 US dollars. As a coastal country on the Arabian Peninsula in West Asia, Oman is rich in oil resources. According to data, the proven oil reserves are ranked 25th in the world. As early as 2010, the United Nations Development Programme positioned the country as one of the most developed countries in the past 40 years, and its strength is evident. It is worth mentioning that Oman is different from the surrounding countries that rely on oil exports as the main economic pillar. Although they are also oil bosses, they attach great importance to the all-round development of tourism, agriculture and fisheries.
2. Bahraini Dinar
This is another currency called the dinar, but it is the currency used by Bahrain, the symbol is BHD, the largest denomination is 20 dinars, and the smallest denomination is 5 fils. Currently one Bahraini dinar can be exchanged for about $2.65. As the currency of the Kingdom of Bahrain, it was first issued in 1965. Like the Jordanian dinar, it was continuously linked to the world’s major currencies in the following decades. Bahrain is a typical oil exporting country. It has the fastest economic growth rate among the Arab countries and the freest economy in the Middle East.
1. Kuwaiti Dinar
Another kind of dinar came out. This time the user has become an old rich country in the Middle East, Kuwait. Its currency code is KWD, the maximum denomination is 20 dinars, and the smallest denomination is 5 fils. According to the exchange rate, one Kuwaiti dinar is equivalent to US$3.3, making it the most expensive currency in the world. Kuwait not only has a lot of oil, but also has a lot of natural gas. In 2017, the per capita GDP was as high as 29,000 US dollars, which belongs to the standard local tyrants.
