Wednesday, February 8, 2023
  • Login
The Hospitality Daily
  • News
    • All
    • Cruise
    • Events
    • F&B
    • Hotels
    • Luxury
    • Recreation
    • Travel & Tourism
    How to Start a Hotel Business

    How to Start a Hotel Business: Best 7 Tips

    How to launch a hospitality business in an economic downturn

    How to launch a hospitality business in an economic downturn: Best 5 Tips

    Hotel Marketing Strategies to Increase Bookings

    6 Hotel Marketing Strategies to Increase Bookings

    Hotel Social Media Marketing Best Strategies for 2023

    Hotel Social Media Marketing: Best Strategies for 2023

    Best 5 Tips How to market a hospitality business

    Best 5 Tips: How to market a hospitality business

    How to create a successful hospitality business: Top 6 Tips

    How to create a successful hospitality business: Top 6 Tips

    5 Tips for running a successful hospitality business

    5 Tips for running a successful hospitality business

    Best Tips for Starting a Hospitality Business in 2023

    Best Tips for Starting a Hospitality Business in 2023

    The 10 Biggest Tourist Traps In The World And How To Avoid Them!

    Top 8 Biggest Tourist Traps In The World And How To Avoid Them!

    • Hotels
    • Events
    • Cruise
    • Recreation
    • Travel & Tourism
    • Luxury
  • Insights
    • All
    • Analysis
    • Interviews
    • Opinion
    • Reports
    How Marriott's Mobile App Is A Customer Relationship Management System

    How Marriott’s Mobile App Is A Customer Relationship Management System

    Hospitality-Management-Degrees-What-Can-They-Do-For-Me-HOspitaltiy-DAily

    Hospitality Management Degrees: What Can They Do For Me?

    Accor Is Capturing the Leisure Travel Moment for Future Growth

    How Accor Is Capturing the Leisure Travel Moment for Future Growth

    Pyramid Global Hospitality

    Pyramid Global Hospitality and University of Virginia Breaks Ground on new Hotel and Conference Center in Charlottesville

    The Annual Hotel Conference Hoteliers Adapt, No Longer To Survive But To Thrive

    The Annual Hotel Conference: Hoteliers Adapt, No Longer To Survive But To Thrive

    Stonebridge Cos. Acquires Las Vegas DoubleTree by Hilton Hotel

    Stonebridge Cos. Acquires Las Vegas DoubleTree by Hilton Hotel on October 4th.

    Hotel Longevity in 2022 Through More Wellness Revenues from Men

    Hotel Longevity in 2022 Through More Wellness Revenues from Men

    Valor Hospitality Partners, ICD Hospitality

    Valor Hospitality Partners, ICD Hospitality, and Leisure Form JV to Support Dubai Vision 2040

    Don’t Let This Weird Economy Throw Off Your Direct Hotel Business

    Don’t Let This Weird 2022 Economy Throw Off Your Direct Business

    • Analysis
    • Opinion
    • Reports
    • Interviews
  • HospitalityTech
  • F&B
  • Hotels
  • Luxury
  • NewsMakers
  • World
No Result
View All Result
  • News
    • All
    • Cruise
    • Events
    • F&B
    • Hotels
    • Luxury
    • Recreation
    • Travel & Tourism
    How to Start a Hotel Business

    How to Start a Hotel Business: Best 7 Tips

    How to launch a hospitality business in an economic downturn

    How to launch a hospitality business in an economic downturn: Best 5 Tips

    Hotel Marketing Strategies to Increase Bookings

    6 Hotel Marketing Strategies to Increase Bookings

    Hotel Social Media Marketing Best Strategies for 2023

    Hotel Social Media Marketing: Best Strategies for 2023

    Best 5 Tips How to market a hospitality business

    Best 5 Tips: How to market a hospitality business

    How to create a successful hospitality business: Top 6 Tips

    How to create a successful hospitality business: Top 6 Tips

    5 Tips for running a successful hospitality business

    5 Tips for running a successful hospitality business

    Best Tips for Starting a Hospitality Business in 2023

    Best Tips for Starting a Hospitality Business in 2023

    The 10 Biggest Tourist Traps In The World And How To Avoid Them!

    Top 8 Biggest Tourist Traps In The World And How To Avoid Them!

    • Hotels
    • Events
    • Cruise
    • Recreation
    • Travel & Tourism
    • Luxury
  • Insights
    • All
    • Analysis
    • Interviews
    • Opinion
    • Reports
    How Marriott's Mobile App Is A Customer Relationship Management System

    How Marriott’s Mobile App Is A Customer Relationship Management System

    Hospitality-Management-Degrees-What-Can-They-Do-For-Me-HOspitaltiy-DAily

    Hospitality Management Degrees: What Can They Do For Me?

    Accor Is Capturing the Leisure Travel Moment for Future Growth

    How Accor Is Capturing the Leisure Travel Moment for Future Growth

    Pyramid Global Hospitality

    Pyramid Global Hospitality and University of Virginia Breaks Ground on new Hotel and Conference Center in Charlottesville

    The Annual Hotel Conference Hoteliers Adapt, No Longer To Survive But To Thrive

    The Annual Hotel Conference: Hoteliers Adapt, No Longer To Survive But To Thrive

    Stonebridge Cos. Acquires Las Vegas DoubleTree by Hilton Hotel

    Stonebridge Cos. Acquires Las Vegas DoubleTree by Hilton Hotel on October 4th.

    Hotel Longevity in 2022 Through More Wellness Revenues from Men

    Hotel Longevity in 2022 Through More Wellness Revenues from Men

    Valor Hospitality Partners, ICD Hospitality

    Valor Hospitality Partners, ICD Hospitality, and Leisure Form JV to Support Dubai Vision 2040

    Don’t Let This Weird Economy Throw Off Your Direct Hotel Business

    Don’t Let This Weird 2022 Economy Throw Off Your Direct Business

    • Analysis
    • Opinion
    • Reports
    • Interviews
  • HospitalityTech
  • F&B
  • Hotels
  • Luxury
  • NewsMakers
  • World
No Result
View All Result
The Hospitality Daily
No Result
View All Result
Home World

5 Highest Currencies In The World, 2021

The United Nations recognizes around 180 currencies as legal tender. But have you ever thought about which the strongest currency in the world is?

AdminTHDM by AdminTHDM
August 27, 2021
in World
0 0
0
5 Highest Currencies In The World, 2021

Aegon Life

0
SHARES
122
VIEWS
Share on FacebookShare on Twitter

You might think of the US dollar, Great Britain Pound, or the Euro as the strongest currencies but there are a few more currencies that have much higher conversion rates than them. 

Read on further to know which currency is ranked the highest in the world

1. Kuwaiti Dinar: (KWD)

1 KWD=3.32 USD

RELATED POSTS

Must have Travel Mobile Apps for your next Trip

5 Most famous Nude beaches around the World

1 KWD= 246.7 INR

The highest currency in the world is the Kuwaiti Dinar. The country of Kuwait is located at the tip of the Persian Gulf between Iraq and Saudi Arabia.

5 Highest Currencies In The World, 2021
Corporate Finance Institute

The economy of Kuwait is mainly dependent on oil exports as the country has one of the largest oil reserves in the world. Moreover, the public working in Kuwait is not taxed and that increases the value of the country’s currency. 

The currency was introduced in 1960 to replace the Gulf Rupee after the country gained independence from the UK. To ease transactions, 1 dinar is divided into 1000 fils.

2. Bahrain Dinar: (BHD)

1 BHD= 2.65 USD

1BHD= 196.9 INR

Bahrain is a small archipelago located in the Persian Gulf, located between the Qatari Peninsula and the North-Eastern border of Saudi Arabia with over 1 million populations. Bahrain’s wealth is also heavily dependent on its oil reserves. Just like KWD, BHD is also divided into 1000 fils.

5 Highest Currencies In The World, 2021
Continental Currency Exchange

The Bahraini Dinar was introduced in 1965 to replace the Gulf Rupee. Today, even Saudi Riyal is officially a legal tender in Bahrain with an exchange rate of 1 BHD= 10 Saudi Riyals.

3. Omani Rial: (OMR)

1 OMR=2.60 USD

1 OMR= 192.85 INR

Oman is located on the southeastern coast of the Arabian Peninsula, sharing its border with Saudi, Yemen, and UAE. The Omani Rial is the third-highest currency in the world. It is nearly double the value of the Great Britain Pound.

5 Highest Currencies In The World, 2021
Oman Day

In 1970, the country adopted the currency of Saidi Rial which was replaced by Omani Rial in 1972. Just like other currencies in the gulf, the Omani Rial is also divided into 1000 Baisa.

4. Jordanian Dinar: (JOD)

1 JOD= 1.41 USD

1 JOD= 104.74 INR

Jordan is a country in western Asia situated at the crossroad between Asia, Africa, and Europe. The main reason behind the high value of the currency is the stable exchange rate that the government maintains. Unlike other countries with high currency value, Jordan does not depend heavily on oil exports which makes its economy diverse.

5 Highest Currencies In The World, 2021
Money Inc

The Jordanian Dinar, which was introduced in 1949 to replace the Palestinian pound, has been tied to the US Dollar for the past two decades.

5. Pound Sterling: (GBP)

1 GBP=1.37 USD

1 GBP= 101.82 INR

The national currency of Britain is the fifth-highest valued currency in the world. The currency is also the fourth highest traded currency in the international market behind the US dollar, Euro, and Japanese Yen, accounting for more than 12% of the trade in the foreign exchange market.

5 Highest Currencies In The World, 2021
Corporate Finance Institute

The pound sterling is the national currency of Guernsey, Jersey, and the Isle of Man as well in addition to Great Britain. It is also the oldest currency that is still in use although Brexit has had a negative impact on the currency.

 

 

Also Read: 5 Ways In Which COVID Has Changed The Aviation Industry

Tags: Bahrain DinarCurrenciesJordanian DinarKuwaiti DinarOmani RialPound Sterling
ShareTweetShare
AdminTHDM

AdminTHDM

Related Posts

-travel-mobile-apps-for-your-next-trip-Hospitality-Dail

Must have Travel Mobile Apps for your next Trip

by AdminTHDM
December 3, 2022
0

Do you love to travel and explore new places, and to meet new people? This is the reason why we...

5-Most-famous-naked-beaches-TheHospitalityDaily

5 Most famous Nude beaches around the World

by AdminTHDM
November 21, 2022
0

The world's top five famous nudist beaches

How-to-plan-a-world-tour-thehospitalitydaily

How to plan a world tour?

by AdminTHDM
November 18, 2022
0

Before putting together a list of places to visit on your world tour, you’ll need to know where you want...

10 Best Travel Events And Tourism Exhibition

10 Best Travel Events And Tourism Exhibition

by AdminTHDM
October 8, 2022
0

Main Highlights: Many travel events are organized by the hospitality industry throughout the year to promote its growth and expansion ...

Stonebridge Cos. Acquires Las Vegas DoubleTree by Hilton Hotel

Stonebridge Cos. Acquires Las Vegas DoubleTree by Hilton Hotel on October 4th.

by AdminTHDM
October 7, 2022
0

Main highlights: Stonebridge Cos. is set to acquire Las Vegas DoubleTree by Hilton Hotel and collaborate entry in the Las...

Next Post
7 Fascinating Facts About Croatia You Didn’t Know

7 Fascinating Facts About Croatia You Didn’t Know

5 Countries You Can Travel To Without A Visa

5 Countries You Can Travel To Without A Visa

RECOMMENDED

How to Start a Hotel Business

How to Start a Hotel Business: Best 7 Tips

January 6, 2023
How to launch a hospitality business in an economic downturn

How to launch a hospitality business in an economic downturn: Best 5 Tips

January 5, 2023

MOST VIEWED

  • 5 Most Luxury Hotels in Maldives

    5 Most Luxury Hotels in Maldives

    0 shares
    Share 0 Tweet 0
  • 5 places where you can make your Christmas and New Year celebration memorable.

    0 shares
    Share 0 Tweet 0
  • 5 best places to visit in North America:

    0 shares
    Share 0 Tweet 0
  • Top 5 Most Profitable Airlines In The World

    0 shares
    Share 0 Tweet 0
  • How Airbnb Disrupted The Hospitality Industry

    0 shares
    Share 0 Tweet 0

About The Hospitality Daily

The Hospitality Daily

We are a media company focused on Hospitality B2B market. We create, aggregate and distribute actionable news, reports, analysis and more for the hospitality industry cohesively.

TRENDING

How to Start a Hotel Business: Best 7 Tips

How to launch a hospitality business in an economic downturn: Best 5 Tips

6 Hotel Marketing Strategies to Increase Bookings

Hotel Social Media Marketing: Best Strategies for 2023

PRESS RELEASE

How to Start a Hotel Business: Best 7 Tips

How to launch a hospitality business in an economic downturn: Best 5 Tips

6 Hotel Marketing Strategies to Increase Bookings

Hotel Social Media Marketing: Best Strategies for 2023

  • About
  • Submit Article/PR
  • Contact

© 2020 THD - A Medianiti Venture.

No Result
View All Result
  • Homepages
    • Homepage Layout 1
    • Homepage Layout 2
  • World

© 2020 THD - A Medianiti Venture.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In