News India Live, Digital Desk: We Indians often run after the dollar (USD) and the euro. Whenever news comes that “Dollar has become expensive”, our breathing starts going up and down. We think that the US dollar is the ‘father’ of the world. But friends, if you think like this, then today your misconception is going to be cleared. There is a country in the world whose currency looks like even the American dollar. Yes, we are talking about Kuwait and its currency ‘Kuwaiti Dinar’ (KWD). Let us understand what is the matter with a very interesting example. Suppose, you went to Kuwait with 10,000 dollars. Imagine that you have 10,000 US dollars in your pocket. If we talk in Indian Rupees (INR), then by 2025 this amount will be around Rs 8.5 lakh. A huge amount, isn’t it? You would think that by going to Kuwait, I will live like a king. But as soon as you land at the Kuwait airport and go to the currency exchange counter, you will get a big shock. When you give your 10,000 dollars at the counter, you will get only about 3,000 to 3,100 Kuwaiti dinars (as per the estimated rate) in return. Hey! Why is my money reduced? Wait, there is no need to panic! You have not been cheated. Actually, the mathematics here is reverse. In most countries of the world, the dollar is bigger, but in Kuwait the dinar is the boss. 1 Kuwaiti dinar is equal to about 3.25 US dollars. That means, to buy one dinar you have to spend more than 3 dollars. Therefore, when you convert dollars into dinars, the bundle of notes becomes thinner, even though its ‘value’ (price) remains the same. If you compare it with the rupee, you will be shocked. If we compare the Kuwaiti dinar with our beloved Indian rupee, then the heart really sinks. In today’s time, the price of 1 Kuwaiti dinar keeps swinging between about 270 to 280 Indian rupees. That is, if in Kuwait If a waiter gives you a tip of even 1 dinar, then consider that you have got 275 Indian rupees. This is the reason why people from India run to Gulf countries to earn. Even the small earnings from there, when converted into rupees and come to India, become very big. Why is this currency so expensive? The question in your mind will be that what such treasure does Kuwait have? The answer is oil. Kuwait is one of the world’s largest oil exporters. The whole world needs oil and in return they pay in dollars. Kuwait has kept its currency pegged very tightly to protect it from any major ‘fluctuations’. For this reason, ‘Kuwaiti Dinar’ remains the highest valued currency in the world.