Expensive currencies

Thinking about currencies, Dollar, Euro, or Pound are the famous currencies that come up in our mind, but they are not known to be the powerful currencies in the 2021 currency power ranking, here we are talking about the most expensive currencies in the world.

Top five powerful currency 2021:

1.Kuwaiti Dinar (KWD)
The most expensive currency of 2021, currently its value is 3.31 USD, 2.77 EUR, and 245.92 in Indian Rupees, the reason behind this is that Kuwait has a very stable and strong economy because of its oil-rich land and industry. In Kuwait, you don’t have to pay any kind of tax.

2.Bahraini Dinar (BHD)
Securing the second position with its value of 2.66 USD,2.23 EUR, and 197.63 INR. The currency of an island nation in the gulf near Saudi Arabian Bahrini’s economy depends on exporting petroleum products been an oil-rich country in Arabian Gulf.

3.Omani Rial (OMR)
Oman has a developed economy all thanks to oil territory. Currently, its value is 2.60 USD, 2.18 EUR, and 193.17 in Indian rupees. The purchasing power of Oman is excessively high, the Omani government has to issue notes of half Omani Rial and one-fourth of Omani Rial.

4.Jordanian Dinar (JOD)
Currently, with the value of 1.41 USD, 1.18 EUR, and 104.76 INR, the reason behind it is hard to explain but many experts say that it is was of the government has fixed exchange rates of the currency.

5.British Pound Sterling (GBP)
With the value of 1.38 USD,1.16 EUR, and 102.53 INR, the British Pound sterling securing the fifth position, be the best currency in Europe, as a reason
for London being the financial capital of the world and involvement of Britain in many economical activities.