What Makes the Kuwaiti Dinar the Highest-Valued Currency?
                     What Makes the 
Kuwaiti Dinar the 
Highest-Valued 
Currency?
www.desertcart.com.kw
About Kuwaiti Dinar
The Kuwaiti dinar derives 
its name from the Roman 
denarius which was widely 
used during the early days 
and the dinar is the 
national currency of the 
State of Kuwait. The dinar 
subdivides into 100 fils, 
which are coins that are 
still used in many Arab 
www.desertcart.com.kw
countries. 
About Kuwaiti Dinar
Kuwait's economy relies 
heavily on oil, making it 
one of the wealthiest 
nations in the world as 
measured by GDP per 
capita. People in Kuwait 
enjoy an extravagant 
lifestyle with access to 
some of the best in 
fashion, electronics, and 
www.desertcart.com.kw
automobiles.
The Origin of the Kuwaiti Dinar
It was not until the 1960s 
that a new national 
currency, the Kuwaiti 
Dinar, was introduced to 
replace the Gulf rupee. At 
first, the Kuwaiti Dinar was 
used alongside the Gulf 
rupee for some time 
before India devalued the 
latter currency causing its 
usage in the Persian Gulf 
to plunge. www.desertcart.com.kw
The Origin of the Kuwaiti Dinar
Consequently, it was given 
a clear path to rise up as 
the Middle East's leading 
currency. After being 
reinstated by Iraq to its 
own monetary system, 
Kuwait has begun issuing 
new banknote series with 
advanced features such as 
GPS tracking and 
advanced security 
features. www.desertcart.com.kw
Why is the Kuwait Dinar the Strongest 
Currency in the World?
The Kuwaiti Dinar is one of 
the most stable currencies 
in the world. It was 
originally pegged to the 
British pound sterling, but 
due to changing conditions, 
it has been pegged to a 
variety of different 
currencies since then. 
www.desertcart.com.kw
Why is the Kuwait Dinar the Strongest 
Currency in the World?
Its relatively high value makes 
it an attractive option for 
investors looking for stability 
and helps keep its economy 
strong as a result. It has been 
one of the strongest and most 
highly valued currencies in the 
world for the past few 
decades. This strength is 
largely due to its peg, which 
was first established in 1945 
when oil prices were relatively 
www.deserltocawrt. caomn.dkw were allowed to float 
in 1962.
Why is the Kuwait Dinar the Strongest 
Currency in the World?
Kuwait is a small Middle 
Eastern nation that's one of 
the world's leading oil 
exporters. Its proven crude oil 
reserves are estimated to be 
104 billion barrels or 10% of 
the world's reserves. The 
country's economy is heavily 
dependent on petroleum 
goods, accounting for more 
than 80% of the Kuwaiti 
government's income. These 
www.deseratcraert .csoomm.kwe of the reasons why 
the Kuwaiti currency is so high 
in value.
How is Kuwaiti Currency Pegged?
The Kuwaiti Dinar is the 
strongest currency in the 
world because it's pegged 
to oil. In the global 
market, crude oil is in high 
demand, and Kuwait has 
plenty of it. Hence the 
country profits from 
pegging its exchange rate 
at a high level; since, its 
exports are much more 
www.desevrtcaalrut.caomb.klwe than its imports.
How is Kuwaiti Currency Pegged?
The highest Kuwaiti dinar 
note is 20 KD. People in 
Kuwait carry these notes 
in their purses and 
handbags and many also 
prefer using mobile or 
card payment to make 
their purchases.
www.desertcart.com.kw
How is Kuwaiti Currency Pegged?
The currency is the basis 
of more than 80% of the 
Kuwaiti government's 
income. The country 
exports oil and gas, which 
are commodities in high 
demand. As a result, they 
have been able to peg 
their exchange rate at a 
high level since their 
exports are much more 
www.deservtcaarltu.coamb.klwe than their 
imports.
THANK YOU!
Do you have any questions?
You can find us at twitter 
@desertcartmena & [email protected]
CREDITS: This presentation template was created by 
Slidesgo, including icons by Flaticon, and infographics & 
images by Freepik 
www.desertcart.com.kw