Best answer

#1 – Kuwaiti Dinar ($3.24) 1 KWD = 3.27 USD (Kuwaiti dinar to US dollar). 1 KWD = 2.78 EUR (Kuwaiti dinar to euro). The highest currency in the world is Kuwaiti Dinar (against the US Dollar). The high value (rate) of its currency is explained by significant oil exports into the global market.

Answered by: Suresh Vishnoi Date created: May 13, 2022

Which country makes most money from tourism?

Asked By: Mizipzor Date created: May 04, 2022

United States of AmericaList of Countries by Tourism IncomeRankCountryTourism Income ($)1United States of America210,747,000,0002Spain67,964,000,0003France60,681,000,0004Thailand57,477,000,000117 more rows

Answered By: Setjmp Date created: May 04, 2022

Is $100 a lot of money in South Africa?

Asked By: Paul S. Date created: May 10, 2022

In South Africa, it's likely to be of very low value, because that country is (by and large) more affluent than most other African countries. In the poorest African countries, $100 would be much higher value.

Answered By: Grant Winney Date created: May 13, 2022

Is money intrinsic or extrinsic?

Asked By: bignose Date created: May 12, 2022

Intrinsic currency are materials which have a value of their own, irrespective of whether they are seen as acceptable currency. A gold ingot, a Rembrandt painting etc are intrinsic currency because they derive their value from the value they represent. Extrinsic currency is essentially your paper currency.

Answered By: Dolphin Date created: May 12, 2022

How much money is China worth?

Asked By: Gilles 'SO- stop being evil' Date created: May 08, 2022

China's GDP was $14.4 trillion (99 trillion Yuan) in 2019. The country has natural resources with an estimated worth of $23 trillion, 90% of which are coal and rare earth metals.

Answered By: Patrick Shaughnessy Date created: May 09, 2022

Which country has highest money value?

Asked By: Raj Yadav Date created: May 04, 2022

Kuwaiti1. Kuwaiti dinar. Known as the strongest currency in the world, the Kuwaiti dinar or KWD was introduced in 1960 and was initially equivalent to one pound sterling. Kuwait is a small country that is nestled between Iraq and Saudi Arabia whose wealth has been driven largely by its large global exports of oil.

Answered By: Mohsen Esmailpour Date created: May 05, 2022

Which country has the best money value?

Asked By: Liam Date created: May 11, 2022

Kuwaiti DinarKuwaiti 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 233.75 INR.

Answered By: Adil Date created: May 12, 2022

What gives commodity money its value?

Asked By: TheUnreal Date created: May 14, 2022

Hence, the type of material with which money is made is what gives commodity money its value because it is based on the perception of the buyer and seller of goods and services.

A commodity money simply refers to money that derives its value from the commodity with which it is created from..

Answered By: instanceof me Date created: May 15, 2022

How is money a commodity?

Asked By: ssube Date created: May 03, 2022

Commodity money derives its value from the commodity of which it is made, while fiat money has value only by the order of the government. Money functions as a medium of exchange, a unit of account, and a store of value.

Answered By: TaW Date created: May 03, 2022

How is money related to gold?

Asked By: Liam Date created: May 02, 2022

The value of a nation's currency is strongly tied to the value of its imports and exports. ... Thus, a country that exports gold or has access to gold reserves will see an increase in the strength of its currency when gold prices increase, since this increases the value of the country's total exports.

Answered By: Samuel Liew Date created: May 03, 2022

Which country earn money from TikTok?

Asked By: icza Date created: May 01, 2022

ChinaIn home country China, TikTok has around 197 million users, and the app contributed $331 million (nearly Rs 2,500 crore) in revenue to ByteDance during the year, according to Sensor Tower.

Answered By: Cole Date created: May 02, 2022

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