In circulation since 1950 in the Arabian country of Jordan, the Jordanian dinar boasts of an exchange rate of a hundred and five Indian rupees. At present each Omani Rial commands some 194.10 Indian rupees to be a currency with really high exchange rate. But Oman had also made use of other moneys like the Maria Teresa Thaler, the Gulf rupee and the Saudi Rial as its official currency before the Rial was introduced in 1973. Similar to Bahrain however, even Oman had the Indian rupee as its prevailing currency during one point of time in its economic history. Omani RialĪt a few units behind the Bahrain dinar is the Omani Rial that makes its presence as being the third most expensive currency in Indian rupees. Needless to say things would have been diametrically different if the past state of monetary affairs would have continued to rule businesses in and of the Persian Gulf state. Prior to the dinar it had been the Indian rupee that was the prevailing money of Bahrain. Interestingly however, the island nation made the switch to dinar as its official currency only in the late 1950s. Bahraini DinarĪt 198.15 Indian rupees per dinar as the prevailing rate of conversion, this time it is the dinar that operates as legal tender in the country of Bahrain that is among the most expensive currencies of the world. With a conversion rate of a whopping 242 Indian rupees for a single dinar, the Kuwaiti Dinar far outranks all to be the most expensive currency ever.
The country of Kuwait has the strongest currency among all currencies of the world. While it may indeed come as a surprise that the US dollars is not the most expensive currency when it comes to conversion in Indian rupees, it however should be no surprise that the distinction goes to the legal tender of what is the world’s richest country.
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