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Kuwaiti dinar is the world’s most expensive currency 1 dinar is equal to 263.41 Indian rupees

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Kuwaiti dinar is the world’s most expensive currency 1 dinar is equal to 263.41 Indian rupees

New Delhi: The rupee is mostly compared to the dollar. The rupee has also weakened against the dollar. On the day of this, news also keeps coming that the value of rupee has decreased against the dollar. When a country’s currency depreciates, it also has many disadvantages. But do you know which is the most powerful currency in the world. At the same time, how much is the value of rupee in comparison to this currency (Kuwaiti Dinar). Let’s tell you.

This is the most powerful currency in the world
If we talk about the most powerful currency in the world, then it is the currency of the country of Kuwait. The currency of Kuwait i.e. Kuwaiti Dinar is the most powerful currency in the world. If we look at the price of its 1 dinar, then it is equal to about 263.41 rupees of India at this time i.e. on 2 October 2022. This means if you spend Rs 263.41 then you will get 1 dinar. If we look at the dollar against the Indian rupee, then the price of 1 dollar is equal to 81.64 rupees.

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Because of this, Kuwaiti dinar is the most powerful currency
There is a special reason for the Kuwaiti Dinar being the most powerful currency of the country of Kuwait. This is the reason for the oil reserves found in Kuwait. Kuwait exports this oil all over the world. Because of this, the value of the Kuwaiti dinar is the highest in the world.

Earlier only the Indian government used to issue currency.
You will be surprised to know that 70-80 years ago, the Indian government used to issue currency in Kuwait. That is, RBI used to make the currency of Kuwait at one time and the name of that currency was Gulf Rupee. It was very similar in appearance to the Indian Rupee. The specialty of this Gulf Rupi was that it could not be used inside India. Although Kuwait got independence from the British government in 1961, after which in 1963 Kuwait became the first Arab country where government elections were held.

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Earlier the price of 1 dinar was Rs 13
In 1960, for the first time, the Kuwaiti government placed its first Kuwaiti currency in front of the world. At that time its price was 1 Kuwaiti Dinar at 13 rupees according to Indian Rupee. In the year 1970, the exchange rate of Kuwaiti dinar was fixed in the international market. Although the Kuwaiti dinar is still at a fixed rate.

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