which country has the highest currency in the world?

HomeCategory: Financewhich country has the highest currency in the world?
Mark Moon asked 3 months ago

Let’s compare currencies, which country’s currency has the highest value and how much is the exchange rate your country’s currency

1 Answers
Sulhazan Staff answered 2 months ago

The country with the highest currency in the world is Kuwait and 1  Kuwaiti Dinar is equivalent to 1, 197.2 Nigeria Naira.
This currency is abbreviated as KWD. The price of one Kuwaiti dinar equals approximately 1,197.92 NGN. That’s why Kuwait is a country with the highest national currency in the world. Statistically, the general population of Kuwait is about 3.1 million people. It is interesting that one in seventeen people in Kuwait is considered to be a millionaire depending on this person’s income per year.

  • This country is wealthy and prosperous, and 10% of the world’s oil reserves indicate that. Furthermore, the value of Kuwait’s national currency keeps growing every year compared to many other currencies which are falling. The Kuwaiti dinar was introduced to the market in the middle of 1961. Before that, the country used Indian rupee. It was considered the first and main currency of the state. Now Kuwait’s dinar is the most valuable currency in the entire world in relation to Naira and a huge amount of other modern global currencies.