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The State of Kuwait (, Dawlat al-Kuwayt) is a sovereign Arab nation situated in the northeast of the Arabian Peninsula in Western Asia. It is bordered by Saudi Arabia to the south, and Iraq to the north. It lies on the northwestern shore of the Persian Gulf. The name Kuwait is derived from the Arabic "akwat", the plural of "kout", meaning fortress built near water. The emirate covers an area of 17,820 square kilometres (6,880 sq mi) and has a population of about 2.7 million.
http://wn.com/Kuwait
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- Australian dollar
- Azerbaijani manat
- Bahamian dollar
- Bahraini dinar
- Bermudian dollar
- British banknotes
- Canadian dollar
- commemorative coin
- currency
- Currency peg
- Economy of Kuwait
- euro
- Eurozone
- Fixed exchange rate
- Gibraltar pound
- hard currency
- IMF
- ISO 4217
- Japanese yen
- Jordanian dinar
- Kuwait
- Kuwaiti dinar
- Latvian lats
- OECD
- Omani rial
- Panamanian balboa
- pound sterling
- reserve currency
- Saint Helena pound
- store of value
- Swiss franc
- United States dollar
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A high-valued currency is distinct from a hard currency, which is a currency with a good buying power and which is widely accepted as a reliable store of value. For example, a Kuwaiti dinar is not of very much use outside Kuwait, and is bound to the economy of that country. It is in fact pegged to a basket of hard currencies. In contrast, the Japanese yen is considered a hard currency even though the nominal rate of the dinar is more than 290 times that of the yen.
List of highest-valued currency units
As of June 24, 2011, the 13 highest-valued currencies are:{|class="wikitable" style="font-size: 90%; width: 100%" ! No. !! State/organization !! Currency !! Code !! United States dollars USD−1 !! Euro EUR−1 !!Kuwaiti dinars KWD−1 !! Highestvaluedcoin !! Highestvaluedbanknote |- |1. || || dinar || KWD | 3.63570 0.275050 | 2.56378 0.390048 | 1 | .100 | 20 |- |2. || || dinar || BHD | 2.65231 0.37703 | 1.87033 0.534666 | 0.729518 1.37077 | .500 | 20 |- |3. || || rial || OMR | 2.59720 0.38503 | 1.83146 0.546011 | 0.71436 1.39985 | .500 | 50 |- |4. || || lats || LVL | 2.00160 0.49960 | 1.41147 0.708483 | 0.55054 1.81640 | 2 | 500 |- |rowspan="4"|5. || || pound || GBP |rowspan="4"| 1.59640 0.62641 |rowspan="4"| 1.12573 0.88831 |rowspan="4"| 0.43909 2.27744 | 5 (commem.)2 (common) | 100 (Sco & NI) 50 (Eng & Wal) |- | || pound || FKP | 2 | 50 |- | || pound || GIP | 2 | 50 |- | || pound || SHP | 2 | 20 |- | || IMF || SpecialDrawingRights || XDR | 1.58947 0.629141 | 1.12084 0.892185 | 0.437183 2.28737 | | |- |6. || (Eurozone) || euro || EUR | 1.41810 0.70517 | 1 | 0.39005 2.56378 | 2 | 500 |- |7. || || dinar || JOD | 1.40845 0.71000 | 0.993196 1.00685 | 0.387394 2.58135 | 1 | 50 |- |8. || || manat || AZN | 1.27129 0.78660 | 0.896477 1.11548 | 0.349669 2.85984 | .50 | 100 |- |9. || || dollar || KYD | 1.20549 0.829536 | 0.85008 1.17636 | 0.33157 3.01595 | .25 | 100 |- |10.|| || franc || CHF | 1.19389 0.83760 | 0.84189 1.18780 | 0.32838 3.04526 | 5 | 1000 |- |11.|| || dollar || AUD | 1.04900 0.953289 | 0.739722 1.35186 | 0.288527 3.46587 | 200 (commem.)2 | 100 |- |12.|| || dollar || CAD | 1.01286 0.98730 | 0.71424 1.40009 | 0.27859 3.58593 | 2 | 100 1000 (discontinued in 2000) |- |rowspan="5"|13.|| || dollar || USD | 1 |rowspan="5"| 0.705044 1.41835 |rowspan="5"| 0.275050 3.63570 | 1 (common).25 (more common) | 100 |- | || dollar || BSD |rowspan="3"| 1 |1 (rare).25 (common) | 100 |- | || dollar || BMD || 1 || 100 |- | || balboa || PAB || .50 || - |- | || convertible peso || CUC | 1 | 5 (rare)1 (common) | 100 |- |}
Mathematical details
See also
Notes
References
Category:Currency Category:Currency lists
ca:Unitat monetària de valor més alt es:Unidad monetaria de valor más alto id:Daftar mata uang termahal zh:最高幣值的貨幣This text is licensed under the Creative Commons CC-BY-SA License. This text was originally published on Wikipedia and was developed by the Wikipedia community.