Why is Kuwaiti Dinar the highest-valued currency in the world and what at the consequences of this exchange rate vs. the dollar on oil prices?
Before answering the question , let's examine some facts , to make sure you and I are on the same page.1 Kuwaiti Dinar =US$3.27 = £2.64 = €3.08Now let's move onto the question , most people question this and it's a good question.So , to answer this you have to know something about import and export.Import - when a good/service is brought into one countryExport - when a good/service is sold to another countryNow imagine you are a country A's President , your people are really hard-working and talented but your patch of land lacks natural resources , so what do you do?You make money for your country on the hardwork of your people and you import those resources from countries who are blessed with it.Now if you have a currency A$ and the country which you are importing from has B$ , so how will you buy stuff?You'll buy B$ for your A$ in your international market thus rising the demand and value for B$ and making its value go up.(This is over simplification , it's very complicated and many factors are involved here)So in the above example , country A are countries like the US , UK , Japan etc. Country B are countries like Kuwait , Saudi Arabia etc. And the resource is Oil. It's so useful that demand is always high and the Middle Eastern countries do not compete , they coordinate and mark up the price as they want.And there currency's value go up and up and up.Countries like the US , UK , India try to control this using Monetary policy thus attracting foreign investment and exports but middle eastern countries don't want either.That's my explanation for why the Dinars and Dirams are always flying.Thanks for reading.
What is the most expensive currency according to India?
Kuwaiti Dinar is the most expensive currency according to India. after it comes Bahraini Dinar.As of today 30 may 2018 one Kuwaiti Dinar is equal to 222.529 INR.and one Bahraini Dinar is equal to 179.337 INR
How can one tell which side is the head of a coin?
As the other chaps have said, the obvious answer is to check and see which side of the coin has the head on it. Numismatists will say though that your question can be more correctly put as "Which side is the obverse of a coin?"This can of course be because some coins (commemoratives particularly) can have the head of a person on both sides, while many other modern coins don't have a head on either side!When we're looking to tell which side is which on a coin that shows a head either side, or none at all, the reverse of the coin is generally taken as being the one that has the denomination (value) on it. The obverse then generally features a symbol showing the issuing authority such as the national coat of arms or similar.
What are the top 10 mobile app development companies in Kuwait?
AppClues Studio is a IT solutions firm with a focus on helping businesses grow by enabling them to attract consumers via functional and innovative mobile app design and development solutions.Check our work-examples: AppClues Studio Portfolioimage source: GoogleOur team has in-depth knowledge & vast experience, we aim to enhance your idea with the current trends which provides direct interactions with your users/clients that can assist in the exponential growth of your Business.Our Mobile Application Development Services include:iPhone Application DevelopmentiPad Application DevelopmentAndroid Application DevelopmentWindows Application DevelopmentGame Application DevelopmentIf you choose to hire Dedicated Mobile App Developer dedicated specifically to your project, you will be delighted with our comprehensive and flexible hire mobile developer offerings. Our developers work on your project just like your team. The hire model allows you to save on the costs plus gives you more control over having your app customized to the source code level.Our Expertise:UI/UX Design: Apps designed for clients’ target audience. Our mobile app designers carve elements on screen aligning complex functionalities into elegant user-experience.Robust Back-end: Scalable, robust and performance packed web services. Our back-end-as-a-service includes web services on hardcore ROR, Drupal, PHP, and .Net technologies, and Firebase,Payment Gateway Integration: Secure online transactions. ensure secure online transactions, data processing encryption, and secure connections. We empower mobile app users with option to make purchase on the move.Gaming Applications: Unity3D and Cocos2D. Our team of game developers is passionate about gaming, they add ingenuity in app ideas with their experience and passion to making sure that user gets hooked to the gaming product, addictively.Augmented Reality (AR): Reality on mobile devices. Our developers build fast, easy and useful AR solutions, apps that give 360 degree view of the products, app that lets user visualize objects from mobile devices.Have a project in mind? Lets talk!!!Connect with us at http://appcluesstudio.com/View our portfolio: AppClues Studio PortfolioGet a free quote: Contact Us
How much is an 1803 US half cent worth?
I have an 1803 US half cent that looks to be something a collector would want. How do I sell it for the most? I don't wanna get hustled. I also don't want to spend TOOO much time on getting rich off it lol..Do I need to have it 'certified'? Do I take it to a special dealer or are all coin dealers experts in all coins? helllllp...;)
Where is TBC coin mostly used in the world?
Nowhere, it’s a scamScam Alert The Billion CoinTBC The Billion Coin that ends PovertyTop 3 Scamcoins Giving Cryptocurrency a Bad NameThe billion coin review - is it a scam?
Dinar is the currency of which country?
The term "dinar" is the transliteration of the Arabic term dinar. A gold coin known as the dinara was also introduced to India by the Kushan Empire in the 1st century AD, and adopted by the Gupta Empire and its successors up to the 6th century. The modern gold dinar is a modern bullion gold coin. Here is the list of countries having their currency as Dinar:Algeria - Algeria dinarBahrain - Bahraini dinarIraq - Iraqi dinarJordan - Jordanian dinarKuwait - Kuwaiti dinarLibya - Libyan dinarMacedonia - Macedonian dinarSerbia - Serbian dinarTunisia - Tunisian dinarThe Kuwaiti dinar (KWD) is the currency of Kuwait. It is sub-divided into 1,000 fils. The Kuwaiti dinar is the world's highest-valued currency unit.Unlike many other Middle Eastern currencies, Kuwait has a coin worth 0.2 of its main currency unit rather than 0.25.Six series of the Kuwaiti dinar banknote have been printed.Satisfied with the answer? You’ll like products even better if you have the foreign exchange requirement!Log on to www.bestpriceforex.com and get exclusive access to the best rates for currency exchange in India.Looking for buy/sell currency for a foreign vacation? Awesome! We can offer the best rates to you. Want to send money abroad from India? Great! Our currency experts will provide instant, efficient and super service!We strive to offer an all-inclusive ideal online forex experience so you can address all your forex buy/sell/transfer needs in one place!Call us at +91 8447532226 to know about the best deals on forex.
Should I buy 22k gold or 24k gold as an investment?
Is gold a good investment? Yes, gold is a tangible asset; it is private, it is portable, it is liquid, and it can never go bankrupt or default.If you are purchasing 1 oz gold bars or coins, they are generally 22k or 24k. The U.S. minted American Gold Eagle is 22k, it still has 1 oz of gold in it but some silver and copper have been added to make the coin harder. And most gold bars are 24k. As far as an investment, it doesn’t matter if you are buying 22k or 24k products. Some people think 22k won’t be worth as much down the road. But can be just the opposite; for example you will get a better price when selling an American Gold Eagle than a Canadian Gold Maple, which is 24k. You can buy a 1 oz gold bar for as low as 2.5% over the melt/spot price.Is gold the best investment? I think silver is a better investment than gold, because silver is so undervalued right now. Historically the ratio between silver and gold is 16:1, but for several years now it has been 70+:1. Very much undervalued and as far as an investment, you have a greater opportunity to see a bigger return on a silver investment. You can purchase silver for under $1 over the melt/spot price, which is about 5% markup.