2) Bahraini Dinar ( BHD )
1 BHD buys $ 2.65 U.S
The Bahraini dinar is buoyant due to oil market try of Saudi Arabia and it is a factor which is additional in the column.
Bahrain is the American naval home base which is influenced by U.S in that region and has got an importance strategically for the kingdom of Bahrain and has an outsize role in the affairs of foreign country to be cemented in the costly statue currency. It ranks at second among the list of most expensive currency.
1) Kuwaiti Dinar ( KWD )
1 KWD buys $ 3.28 U.S
The Kuwaiti dinar is a currency which provides benefits with the crude oil and it has a history in tangled mess. This currency came online for the first time in 1961 and valued against the Indian rupee at 1:13. It measured the basket of all the currencies.
They adopted the dinar of Iraq while the Gulf War and then it pegged the dinar of Kuwait in the U.S dollar. It floats in 2007 and then in 2013, it was ranked as the most expensive currency.
pegged the Kuwaiti dinar to the U.S. dollar. However, it’s been free floating since 2007 and in 2013, it became the most expensive currency in the world.