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Why is Kuwait's currency the strongest?

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It's not really the strongest, it is simply the currency with the highest nominal value because of its historic connections to the British pound (which was once the currency with the highest nominal value). read more

Most of the currencies around the world are either pegged to the dollar or the euro. As Kuwait pegged its currency, the strength of the Kuwaiti Dinar was calculated according to the differences in price levels (CPI- price of a basket) in the United States and Kuwait. read more

Kuwait is the one of the highest supplier of Petrol in the world and its demand of oil is the biggest among all oil giants like Canada and US and that is why Kuwait Currency value is highest of all the petrol or other big good export trading countries. read more

Only 6 of 55 international currencies are stronger than the dollar, as of February 2016. Euro (0.9 EUR to 1 USD) In January 2016, the monthly average for the dollar to euro exchange rate was about €0.92 for $1. The euro bounced from its strongest to weakest point in January, when $1 was changed for €0.86, to November's rate of €0.93. read more

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Why does the Kuwaiti Dinar have a high value? What is the ...
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