The Kuwaiti dinar ranked on the throne of currencies in the world for the year 2024, while the US dollar came in last place on the list of the 10 strongest global currencies.
The dinar of the Gulf state is divided into 1,000 smaller units known as (fils).
Contrary to popular belief, the highest currency is not necessarily the most widely traded or used in international transactions, according to specialized economic websites.
While the US dollar, British pound and euro are often associated with global power and trade, they do not hold the top spot in terms of value when exchanged for the Indian rupee.
n 2024, the Kuwaiti dinar will excel in terms of exchange rate, making it the most expensive currency in the world, as it is the currency with the highest exchange rate against the dollar, and every 1 Kuwaiti dinar is worth 3.25 dollars, followed by the Bahraini dinar, which is worth 2.65 dollars. link
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