The most expensive currencies in the world, table of currencies of the countries of the world

There are over 180 currencies in the modern world. Among them, the most expensive are the currencies of the Middle Eastern oil-producing countries: Kuwait, Bahrain and Oman.

The economy is perhaps one of the most flexible public spheres. It experiences "ups and downs" almost every day, and above all this affects the exchange rate. Jumps on the currency exchange occur hourly, which we, as ordinary people, can observe, for example, in the news. We present to you the world rating of currencies for today in relation to the dollar. Why 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.

World Currency Rates Table

The most expensive currencies in the world

5. British pound sterling

The pound sterling is the main currency of the UK. Initially, all the English colonies also used pounds, 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 own pounds, which, however, are not accepted in Great Britain itself. It should be noted that sterling used to be called silver coins, and banknotes appeared only at the end of the 17th century.

4. Jordanian dinar

The Jordanian dinar is the official currency of the Kingdom of Jordan in the Middle East. The value of this currency in world economic relations is very difficult to explain even to the most experienced experts. Let's start with the fact that the economy of this country is extremely unstable, and the state itself is poorly provided with resources. Nevertheless, most analysts agree that the value of the dinar is determined by the development of agriculture and the peg to the US dollar.

3. Omani rial

The value of this currency in the world is quite logical and understandable. Oman is a state on the Arabian Peninsula with a very high rate of economic development. Due to the high cost of currency, it is issued in denominations of a quarter or a half rial. Experts also explain this by a strong peg to the US dollar. It is worth noting that the rial rate fluctuates mirrored with the United States dollar.

2. Bahraini dinar

This currency has won its place in the ranking solely thanks to oil sales, as this is the economic-forming factor of Bahrain. Bahrain is located in the Arabian Gulf and has a population of less than a million. As for the interesting facts about this dinar, we only know that its exchange 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 surge in prices for the Kuwaiti currency is due to the active export of oil and petroleum products. In addition, the sale of oil is the main and only economic base of the country. It should be noted that the Kuwaiti dinar has been in the world circulation since 1996.

Currency exchange rate monitoring can be one of the components of your success in the financial sector. Many people make a pretty good career, making money specifically on currency fluctuations. Tomorrow you may be among them, and this is quite real.