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Top 10 Countries with the Highest Currency Value in the World: 2022

10) Euro – EUR

The Euro or EUR is the official currency of the eurozone, which consists of 19 of the 27 member states of the European Union: Austria, Belgium, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, the Netherlands, Portugal, Slovakia, Slovenia, and Spain. Euro is the second largest reserve currency after the US Dollar. It is also the second most traded currency in the world.

1 EUR = 78.33 INR (27sep 22)

9) United States Dollar – USD

The US Dollar is the currency of the United States of America. US Dollar is the largest reserve currency in the world. It is said that no currency will ever replace the US Dollar as the most traded currency. It is a global currency which is backed by the power of US in global political landscape. The United States of America is considered as the most powerful nation in the world. Over the years, the strength of USD has increased massively.

1 USD = 81.75 INR (27sep 22)

8) Swiss Franc – CHF

The Swiss Franc is the currency of Switzerland and Liechtenstein. It is also legal tender in the Italian exclave of Campione d’Italia which is surrounded by Swiss territory.

1 CHF = 82.45 INR (27sep 22)

7) British Pound – GBP

The pound sterling (£) or GBP is the currency of Great Britain. It is also the official currency of Jersey, Guernsey, the Isle of Man, South Georgia and the South Sandwich Islands, the British Antarctic Territory, and Tristan da Cunha. The sterling is the fourth most-traded currency in the foreign exchange market, after the United States Dollar, the Euro, and the Japanese Yen. The currency is also the oldest existing currency that is still in place.

1 GBP = 87.39 INR (27sep 22)

6) Gibraltar Pound – GIP

The Gibraltar pound or GIP 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. The place is known as the overseas territory of Britain. The economy of Gibraltar is now dependent on several sectors like tourism and e-gaming.

1 GIP = 87.39 INR (27sep 22)

5) Caymanian Dollar – KYD

The Cayman Islands Dollar is the currency of the Cayman Islands. Jamaican Dollar was in place till 1972 but then the Cayman Islands Dollar was put in as the official currency. The abbreviation of the currency is CI$. Currently, the value of KYD makes it the 5th highest currency in the world.

1 KYD = 98.14 INR (27sep 22)

4) Jordanian Dinar – JOD

The Jordanian dinar or JOD is the currency of Jordan. West Bank used Jordanian Donar and the Israeli shekel as well. The government of Jordan keeps fixed exchange rates which is a major reason behind the currency’s value being so high. Jordan isn’t so heavily reliant on oil exports, unlike its neighbouring countries which is a good thing as their economy is diversified in multiple different sectors.

1 JOD = 115.30 INR (27sep 22)

3) Omani Rial – OMR

The Omani Rial or OMR is the currency of Oman. Before 1940, Oman used INR as its official currency and this is why the most popular Rial exchange rate is INR to OMR Rate. Situated on the southeastern coast of the Arabian Peninsula, Oman’s economy mostly relies on its oil reserves that they have. Oman’s currency is pegged to the US Dollar.

1 OMR = 212.32 INR (27sep 22)

2) Bahraini Dinar – BHD

The Bahraini Dinar or BHD is the currency of Bahrain. Located in the Arabian Gulf, Bahrain is also heavily reliant on oil exports. The most popular Bahrain Dinar exchange rate is the INR to BHD rate. The currency code for Dinars is BHD, and the currency symbol is BD. Indians are the largest ex-pat group in Bahrain and that explains the reason for INR to BHD popularity.

1 BHD = 216.87 INR (27sep 22)

1) Kuwaiti Dinar – KWD

The highest valued currency in the world is none other than Kuwaiti Dinar or KWD. The most popular Kuwait Dinar exchange rate is the INR to KWD rate. The Indian ex-pat community is very strong in Kuwait, hence the reason for being a popular currency pair. Kuwaiti Dinar has been the highest currency in the world for a while now because of the oil-rich country’s economic stability. The economy of Kuwait is heavily dependent on oil exports as it has one of the largest global reserves. With such a high oil demand, Kuwait’s currency is bound to be in demand. Another thing to note is that if you work in Kuwait, you do not have to pay any sort of taxes.

1 KWD = 263.21 INR (27sep 22)

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