Value of Indian Rupees against that of Other Countries

Value of Indian Rupees against that of Other Countries

 

In this article, we are going to break down the top currencies of the world in terms of their value in the world, and also show the highest currency in the world against Indian rupees, discussing how they compare to the Indian Rupee and how their given economies allow them to be so strong.

Kuwaiti Dinar (KWD)

The leader of the Top 10 currencies of the world for a long long time. KWD is the most valuable currency in the world. KWD is the official currency of Kuwait. One KWD is equal to a whopping 212.262 Indian Rupees. 

Kuwait actually possesses the fourth highest per capita income in the world, largely thanks to the country’s massive oil reserves.

Bahraini Dinar (BHD)

The Bahraini economy was the first post-oil economy to exist in the Persian Gulf. The bulk of its economy relies on banking, financial services, and tourism. In 2006, Bahrain actually had the fastest growing economy in the Arab world. 

The value of the dinar has benefited from this stable, diversified economy. One Bahraini Dinar is equal to 170.63 Indian Rupees. Bahrain is the only country that uses the Bahraini dinar.

 

Omani Rial (OMR)

Oman is the only country that used the Omani Rial. 

Oman’s economy is very stable because of powerful oil and gas industries. One Omani Rial is equal to 167.16 Indian Rupees.

 

Jordanian Dinar (JOD)

The Jordanian dinar is the currency of Jordan. 

West Bank used Jordanian Donar and the Israeli shekel as well. 1 Jordanian Dinar is approximately equal to 90.93 in INR

Great Britain Pound (GBP)

GBP is one of the world’s most frequently traded currencies. One pound is worth approximately 84.238 Indian Rupees. Not only that, but the pound also holds the honor of being the oldest currency in the world that is still currently in use. 

Its use can be traced back as far as Anglo-Saxon Britain, which would make the pound around 1200 years old

 

Gibraltar Pound (GIP)

The Gibraltar pound is the currency of Gibraltar. It is pegged to – and exchangeable with – the British pound sterling at par value. 

The central bank controlling the GIP, with the responsibility of minting coins and printing notes, is the Government of Gibraltar. One GIP is equal to 84.238 in Indian Rupees

 

Caymanian Dollar (KYD)

The Cayman Islands Dollar is the currency of the Cayman Islands. Currently, KYD is the 7th-highest-

value currency unit in the world, as of 15 July 2017. One KYD is equal to 78.438 in Indian Rupees

Euro (EUR)

Although it may not be the most valuable currency on this list, the euro is definitely one of the biggest currencies on this list.  

26 countries of the European Union use the euro including Austria, France, Germany, and Italy. 1 Euro is equal to 73.74 in Indian Rupees

 

Swiss Franc (CHF)

The Swiss franc uses different colors in its banknotes, which are yellow, red, green, blue, brown, and purple. Switzerland, Liechtenstein and Campione d’-Italia uses CHF as an official currency. 

The strength of the Swiss franc is almost a no-brainer. Switzerland is one of the wealthiest countries in the entire world. It is home to a massive technology sector and a host of different major corporations, like The Swatch Group and Nestle. One CHF is equal to 66.70 in Indian Rupees

United States Dollar (USD)

Surprisingly at the bottom of the list even though it is the most traded currency in the world. Over the last few years, USD value has depreciated but the strength hasn’t. USD is valued at 64.31 in Indian Rupees. 

Many consider this as the most valuable currency in the world ( Asian ) owning to US as a super power nation.