Table of Contents
In which country Indian currency is more valuable?
Places where Indian rupee is higher
| Country | Currency Value Per INR |
|---|---|
| Laos | 124.89 LAK |
| Colombia | 44.99 COP |
| Sri Lanka | 2.52 LKR |
| Indonesia | 204.31 IDR |
Why is Japanese currency weaker than Indian?
In simple terms. The Japanese economy is far greater than India’s economy because the Japanese Import-export or trade deficit is more than India’s export. This is because Japan relies more upon its technology rather than other countries.
Which is the highest currency against Indian rupee?
Kuwaiti Dinar holds the reputation of being the strongest currency in the world. Abbreviated to KWD, Kuwaiti Dinar is commonly used in oil based transactions in Middle East. KWD has the highest currency in the world against Indian rupee as 1 Kuwaiti Dinar is equal to 242.67 INR.
Why is the PKR falling?
The steep fall was attributed to the panic accumulation of dollars over concerns regarding the supply of the greenback. The local currency depreciated around Rs1. 54 against the greenback to settle at Rs175. 73 on Friday.
Why is it important to compare the currency rate in India?
So, it is extremely important for a regular traveller outside India or if you are a Non-Resident Indian (NRI) to compare the currency rate in India with other world currencies. As it will help you in making a wise decision when you want to buy or sell Indian Rupees.
Is the Indian rupee losing value against other currencies?
In the last few quarters, Indian Rupee has lost value against the likes of USD but has also gained against other currencies. So, it is extremely important for a regular traveller outside India or if you are a Non-Resident Indian (NRI) to compare the currency rate in India with other world currencies.
What is the record low of rupee to a dollar?
On 11th June 2013, Indian Rupee touched a record low of 58.96 to a Dollar. Till 1975 India followed a fixed rate system, also known as ‘pegged currency system’ or ‘Bretton Woods System’. Most countries abandoned this system in 1973.
What are the Asian currencies vs Indian currencies?
1. Asian Currencies vs Indian Currency Exchange Rate Country Currency Currency Symbol Value in ₹ Malaysia Malaysian Ringgit MYR 17.97 INR South Korea South Korean Won KRW 0.067 INR Sri Lanka Sri Lankan Rupee LKR 0.37 INR Maldives Maldivian Rufiyaa MVR 4.79 INR