Forbes has released a list of the 10 strongest currencies in the world (compared to the Indian Rupee and US Dollar) coupled with factors that contribute to their respective notability.
The first in the list is Kuwaiti Dinar with a value of Rs 270.23 or $3.25. It has consistently ranked as the world's most valuable currency since 1960.
Bahraini Dinar closely followed with values at Rs 220.4 and $2.65. The third on the list is Omani Rial which equals to Rs 215.84 and $2.60.
Next is Jordinian Dinar (Rs 117.10 and $1.141), Gibraltar Pound ((Rs 105.52 and $1.27), British Pound (Rs 105.54 and $1.27).
Followed by Cayman Island Dollar (Rs 99.76 and $1.20), Swiss Franc (Rs 97.54 and $1.17) and the Euro (Rs 90.80 and $1.09).
The US Dollar ranks tenth on the list, with one dollar valued at Rs 83.10. It is the most widely traded currency globally and holds the position as the primary reserve currency, as per Forbes.
Meanwhile, the list is based on currency values till January 10, 2024, Forbes mentioned as a disclaimer.