CURRENCY is one of the important factor that that is essential In determining the value of a country and also promoting the satues of the country/continent
Here are the first top five currency in the world in the globe market today
(5)BRITISH POUNDS (GBP):
This one of the world oldest currency and it is very popular in the world and have taken part in three world event:world war I,world war II and the great depression in the 1930s
1GBP=1.26$
Approximately=470.595NGN
4; JORDANUAN DINER(JOD):
The Jordanian kingdom became independent firstly in 1946 but later confirmed in 1950
Their currency was later linked by the government in 1995 to the standard drawing right (SDR)
IJOD=1.41$
APP=511.951NGN
3.THE OMAN RIAL(OMR):
This currency began circulating in Oman in 1997
Mainly, the economy of this rich country is based mostly in oil industry
However their oil production ranked up in 2002 to 900.000 barrels per day
1OMR=2.60$
APP=944.014NGN
2; BAHRAINI DINER(BHB):
the government issued the BAHRAINI DINER when it was still British and it is the official currency Bahrain
However,due to the circulation,it replaced the PERSIAN GULF RUPEE
1BHD= 2.65$
App=965.354NGN
We all would be anxious to know the most valued currency in the globe
Let's see
(1)THE KUWAIT DINER(KWD):
The Kuwait dinerwas issued in 1961and it is the official currency in Kuwait today
However,in 1975 Kuwait pegged it national currency to monetary system called" a weighted currency basket"the Iraqi diner later replaced it after the 1990 Iraqi inversion
But after liberation in 1991 the Kuwait government put the currency in circulation again,and the Kuwaiti Diner returns back to the "weighted currency basket"in 2007 till date
1KWD=3.29$
App=1,190.88NGN
What do have to say about this great nation "KUWAIT "
NEWS SOURCE: Legit.ng
Thanks for reading
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