By Admin 
Most powerful currency: Whenever we talk about a powerful currency, the first US dollar and euro comes to our mind. However, this is not the case in reality. There are many countries in the world, whose currency is much stronger than dollars or euros. Let us tell you about the currency of those countries today, which are considered to be the most powerful in the world at this time.
Official recognition to 180 currency
There are around 195 countries worldwide, but the United Nations gives official recognition to only 180 currency. The currency of every country has its own value, but the most powerful currency is considered to be the most powerful power to buy. That is, how many things can be purchased in a country from that currency and how much foreign currency is available in exchange for a unit currency, it decides how powerful the currency of that country is.
How is the strength of the currency decided?
The strength of a currency depends on many things. Such as the economic status of that country, the rate of inflation, the balance of exports and imports, availability of natural resources, policies and international demands of the central bank. The currency price is weighed against the dollar or Indian rupee, so that its real strength can be estimated.
World’s strongest currency
Kuwaiti Dinar (KWD) is at the top of this list, whose value is Rs 280.95 in Indian rupee and US $ 3.26 in US dollars. Kuwait’s economy rests on the huge reserves of oil and due to lack of tax in the country, the demand for currency is very high. This is the reason why KWD is considered to be the most expensive and stronger currency in the world.
These are the top 10 currency of the world
Kuwaiti Dinar (KWD) – Rs 280.95
Bahraini Dinar (BHD) – Rs 228.38
Omani Rial (OMR) – Rs 223.60
Jordanian Dinar (Jod) – Rs 121.41
British Pound (GBP) – Rs 113.36
Gibraltar Pound (GIP) – Rs 113.22
Swiss Franc (CHF) – Rs 105.08
Cayman Island Dollar (KYD) – Rs 103.28
Euro (EUR) – Rs 97.93
United States Dollar (USD) – 86.10 rupees
Also read: Adani and Ambani loss of Rs 2.6 lakh crore, these heavy traders also had to pay a heavy price for Trump’s tariff