What is the strongest currency in the world

Stronger global currency

It is well known that it was the invention of currency to facilitate trade exchange between people processes, contrary to the old way, which was based on barter and exchange of goods directly, and it was difficult to estimate the appropriate amounts of the cough that will be the tradeoff for that was the idea of ​​the currency, which greatly facilitated the buying and selling, and there is every State own currency is different from other states, came the word coin of the deal, each currency has a value relative to other currencies, and because there is a difference in the currency of the country to another also vary groups and different exchange rate relative to other currencies, due to the state's economy and the strength and the total public budget revenues and comparing the currencies in the world turned out to be the most powerful and most expensive currency is the currency (the dinar).

Kuwaiti dinar

Is the official currency of Kuwait, the issuing of the Central Bank of Kuwait, and in 1960 the Kuwaiti Currency Board issued the first KD in the markets, where they were used Indian rupee traded prior to that date, and successive versions of the currency from the Central Bank of Kuwait, many classes, most recently in 2014, and was the first category have been issued are a class twenty dinars was issued on February 9, 1986, and is considered the Kuwaiti dinar with the highest exchange rate in the world where the Kuwaiti dinar is divided into 1000 fils, and until June 2008 was the Kuwaiti dinar per exchange rate of US dollars and 2.4 euros 3.78 It is the highest in the world.

Date of currency Kuwait

Coins

The Kuwaiti Currency Board to issue coins for general use and to become a trade easier, Kuwait and coins found on one of its facets Album sailboat Kuwait, in addition to Release year history Hijri and Gregorian, flip the other coin carrying value of the currency and the name of the state Emirate of Kuwait in Arabic and English, and issued a set of coins in 1962, the same figure above mentioned with the abolition of the word Emirate remains the word of Kuwait only after Kuwait declared its independence, and the Kuwaiti currency board to issue coins classes annually with the writing of history Hijri and Gregorian, and is very unique happened in 1971 issued coins Kuwaiti divided first two carries Hijri date 1390, and the second 1391, but two of the same calendar date, and are issued gold coins worth five dinars 1008 pieces and numbering as authorized Kuwait currency board but has not been put up for trading.


Banknotes

The first version Alloukih currency Kuwaiti was in 1960-1970 where he was carrying banknotes on one side the image of Sheikh Abdullah Al-Salem Al-Sabah, who is the Emir of Kuwait at the time, and the signing of Jaber Al Ahmad Al Sabah, head of Kuwait's Monetary Council, and on the other side of some different pictures of landmarks renaissance in Kuwait .

Second version was in 1970-1980, and this version was carrying a picture of Salem Sabah, Amir of Kuwait at the time predicted, Finance Minister Abdul Rahman Al-Ateeqi and the Governor of Bank Hamza Abbas, and replaced these securities gradually securities issued by the Kuwait Currency Board replaced, and in this time has been ask a cash classes of twenty dinars and a half dinars and quarter dinars.

Version III, who was at 1980-1991m and it was this version after a year and two months of the death of Emir Sabah Al-Salem Al-Sabah, and it was in this version logo Kuwait instead of the image of the prince, was this version floated on February 20, 1980 m and consists of several categories are ten dinars , five dinars, one dinar, half dinars and quarter dinars, while the other side of the coins was ten dinars contain Kuwaiti album kitesurfing category five dinars on the image of the Seif Palace the dinar category contains an image of the Red mansion, and the category of half dinars in the image of the port of Shuwaikh, and the quarter dinars with a picture of a gas liquefaction plant.

Fourth edition was in 1991-1994 where he was to liberate Kuwait from the Iraqi invasion and this version was different from the previous version in terms of colors and the signature of the Minister of Finance.

Fifth issue in the period 1994-2014 were introduced radical changes to the currency in terms of design, was the use of modern and artistic techniques and safe followed in printing money and includes images of Kuwaiti heritage monuments and landmarks of modern civilization and the transfer of the emblem of Kuwait from the right to the left, and with a string of safety vertical silver glossy and there is a multi-dimensional images on the hawk head shape inside a reflection of the group sailing ships.

Sixth Edition which is the current version as the current version, with clear and elegant structure include all categories include currencies visual representations of important to the State of Kuwait elements and economic achievements, which is based on the flag of Kuwait, and is characterized culturally significant buildings in banknotes, and the other side shows the achievements of Kuwait and economic parameters, and also There banknotes effects help blind people to distinguish them, and are printed in coins continued to firm de La Rue, the British factory.