Top 10 Highest Currencies in the World - Exchange Value in INR (2024)

FAQs

Top 10 Highest Currencies in the World - Exchange Value in INR? ›

KWD has the highest currency in the world against Indian rupee as 1 Kuwaiti Dinar is equal to 266.82 INR.

KWD has the highest currency in the world against Indian rupee as 1 Kuwaiti Dinar is equal to 266.82 INR.

1: Kuwaiti Dinar (KWD)

The highest-valued currency in the world is the Kuwaiti Dinar (KWD). Since it was first introduced in 1960, the Kuwaiti dinar has consistently ranked as the world's most valuable currency.

Vietnam is the country with the highest Indian rupee value, which is equal to 305.02 Vietnamese dong. Is Korean money cheaper than India? South Korean currency is cheaper than India's.

What Is the Weakest Currency in the World? The weakest currency in the world is the Iranian rial (IRR). The USD to IRR operational rate of exchange is 371,992, meaning that one U.S. dollar equals 371,922 Iranian rials.

What is the Highest-Valued Currency in Asia? The Kuwaiti Dinar, the official currency of Kuwait, is often considered the highest-valued currency in Asia and even the world, in terms of value against the US Dollar. This high valuation is largely due to the country's significant oil reserves.

The Indian Rupee is valued less compared to the US Dollar. The value of one Dollar to one Indian Rupee fluctuates, referred to as the exchange rate. In the global foreign exchange market, the exchange rate changes every day, and it is an essential indicator of a country's economic strength.

What is the strongest currency? ›

The Kuwaiti dinar continues to remain the highest currency in the world, owing to Kuwait's economic stability. The country's economy primarily relies on oil exports because it has one of the world's largest reserves.

The Indian rupee was the most stable emerging market currency in the past year amid global economic uncertainty. What are the factors that contributed to its relative stability? It is largely the narrowing current account deficit (CAD), besides robust economic fundamentals.

India is (based on IMF data ) 84.9% cheaper than China.

Ugandan Shilling (USH)

1 Indian Rupee is equivalent to 44.86 USH. In 1966, the Ugandan Shilling replaced the East African Shilling. Presently, the Ugandan Shilling is one of the least valuable currencies.

Today 1 Indian Rupee = 504.64 IRR.

Currently, the Iranian Rial is considered the world's least valuable currency. This is the result of factors like political unrest in the country. The Iran-Iraq war and the nuclear program also played a huge part.

1. Kuwaiti dinar. Known as the strongest currency in the world, the Kuwaiti dinar or KWD was introduced in 1960 and was initially equivalent to one pound sterling. Kuwait is a small country that is nestled between Iraq and Saudi Arabia whose wealth has been driven largely by its large global exports of oil.