In use as the medium of exchange since 1927, one Gibraltar pound would exchange for 93 Indian rupees at the prevailing rate of conversion. Gibraltar PoundĪ British overseas territory located at the southern tip of the Iberian peninsula, Gibraltar has its transactions run through the medium of the Gibraltar pound which also is quite an expensive currency with its rate of exchange in terms of Indian rupees. The British pound or pound sterling is also used for monetary purposes in some territories occupied by Britain outside its geographical markings. This one unit of the most expensive currency would fetch you some 93 Indian rupees which is way more than what you would extract out of a dollar. The oldest currency in the world- one that has been use continuously for some 1200 years- is the Great Britain pound that still retains its strength as an expensive currency. Also used extensively in Palestine and alongside the Israeli shekel in the landlocked territory of West Bank, the strength of the Jordanian dinar however does not impact much in Jordan still being one of the cheapest ever countries to visit from India on your next vacation. 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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