Money plays an important role in today’s world. Asia is home to some of the most expensive currencies in the world. The Kuwait dinar is not only Asia’s most valuable currency but also the most valuable in the world. Here is a brief overview of the top five most valuable currencies in Asia, with their value in US dollars. 5) Azerbaijani Manat (1 Azerbaijani Manat = $1.28) Azerbaijani Manat is the official currency of Azerbaijan. It is subdivided into 100 qapik. AZN is its currency code. Many people will be surprise to see Azerbaijani Manat on this list, yet the official currency of this Asian nation is actually around 25% more valuable than the US dollar. Despite what some might think, the local economy is actually quite strong, and unemployment low. 4) Jordanian dinar (1 Jordanian dinar = $1.41) Jordanian dinar is the official currency of Jordan. JOD is its currency code. It is subdivided into 10 dirham, 100 qirsh or 1,000 fils. Since October 23, 1995, the Jordanian dinar has been officially pegged to the IMF’s special drawing rights (SDR). It is quite difficult to explain the high value of the Jordanian Dinar, since the nation does not have a strong economy, and lacks crucial resources, such as oil. Nevertheless, 1 JOD is worth around US$1.41, making it one of the most expensive currencies in the world. 3) Omani Rial (1 rial = $2.60) Omani rial is the official currency of Oman. Its currency code is OMR. It is sub-divided into 1,000 baisa. The Central Bank of Oman is the monetary authority of Oman. The bank has issued notes in the denominations of 20 rials, 50 rials, 10 rials, 5 rials, 1 rial, half rial and 100 baisa. Thanks to its strategic location, Oman has developed a solid economy and a high level of human development. 2) Bahraini dinar (1 dinar = $2.65) Bahraini dinar was first introduced in 1965 in Bahrain. It is sub-divided into 1000 fils. The Central Bank of Bahrain has the monetary authority of Bahraini dinar. BHD is the currency code of this currency. Thanks to huge exports relative to its size, this small Asian nation’s official currency is the world’s second most valuable currency, trading at US$2.65 per Bahraini Dinar. 1) Kuwaiti dinar (1 dinar = $3.46) Kuwaiti dinar is the currency of Kuwait. KWD is its currency code. This tiny country with huge wealth has the most valuable currency in the world. It is sub-divided into 1,000 fils. To date six series of the Kuwaiti dinar have been printed. The sixth series was announced on May 19, 2014. Thanks to huge oil exports and a fixed exchange rate, a single Kuwaiti Dinar will give you around US$3.46. You can Like, Comment and Subscribe Here; https://www.youtube.com/channel/UCdV4gLyfdkU03FYM4-pjq5g You can also visit Here: https://www.facebook.com/movieentertaiment/
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