[ad_1] These Are The World's 12 Strongest Currencies

Apr 19, 2024

BY: TN Lifestyle Desk, Times Now Digital

These Are The World's 12 Strongest Currencies

Kuwaiti Dinar (KWD)

Reigning at the top, the Kuwaiti Dinar boasts its strength due to the country's vast oil reserves. Kuwait, a small nation nestled in the northeastern corner of the Arabian Peninsula, punches above its weight in the global financial arena. 1 KWD: INR 270.82

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Bahraini Dinar (BHD)

Another oil-rich nation, Bahrain's dinar follows closely behind the KWD. The island nation of Bahrain, strategically located in the Persian Gulf, has long been a centre for trade and commerce. 1 BHD: INR 221.02

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Omani Rial (OMR)

Oman's rial benefits from a diversified economy, including oil exports and strategic trade routes. Oman, with its stunning coastline and rich cultural heritage, offers more than just oil riches. 1 Riyal: INR 216.48

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British Pound (GBP)

Great Britain uses the British Pound (GBP), which enjoys widespread adoption in various nations and territories. One of the most robust currency globally, it commands a prominent position in finance. 1 Pound: INR 103

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Swiss Franc (CHF)

Famed for its neutrality and strong banking sector, the Swiss Franc is a safe-haven currency in times of economic uncertainty. 1 CHF: INR 91.86

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Euro (EUR)

The Euro, the official currency of the European Union, represents a powerful economic bloc. The European Union, a collective of 27 member states, represents a significant economic force on the global stage. 1 Eur: INR 88

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Brunei Dollar (BND)

Another oil-dependent economy, Brunei's dollar enjoys a stable exchange rate. Brunei, located on the island of Borneo, boasts vast oil and gas reserves. 1 BND: INR 61.19

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Singapore Dollar (SGD)

A financial powerhouse, Singapore's dollar reflects its strong economy and stable government. This tiny island nation in Southeast Asia has transformed itself into a global financial hub. 1 SGD: INR 61.28

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Canadian Dollar (CAD)

Canada's vast natural resources and close economic ties with the US contribute to a strong Canadian Dollar. Canada, with its expansive landscapes and multicultural cities, offers a wealth of travel experiences. 1 CAD: INR 60

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Australian Dollar (AUD)

Australia's abundant natural resources and diversified economy underpin the strength of the Australian Dollar. Australia, the land down under, boasts a wealth of natural resources, from minerals to agricultural products. 1 AUD: INR 53.5

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New Zealand Dollar (NZD)

New Zealand's strong agricultural sector and stable government contribute to its robust currency. New Zealand, with its breathtaking scenery and adventure activities, is a popular tourist destination. 1 NZD: INR 49.14

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Qatari Riyal

The Qatari Riyal is pegged to the US Dollar at a fixed exchange rate, making it a relatively stable currency. This stability offers predictability when budgeting for your trip to Qatar.

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