SAWT BEIRUT INTERNATIONAL

| 20 April 2024, Saturday |

With some Arab currencies more expensive than dollar, why is it the strongest?!

Many think that the dollar is the most expensive paper currency in the world, and this common mistake is linked to the wonder of globalization represented in language, media, film production, arts, fashion, and fast food lifestyle… which are all factors from Magellan’s land “United States of America”… But the reality is a little far from the norm. In general, the most valuable currencies tend to be the strongest, and this is mostly likely because weak currencies lose their value in the long run, but there are currencies other than the dollar, and most of them are from Arab countries, which value exceeds the value of the US dollar, so what are they?

The Kuwaiti dinar is the most valuable against the dollar and is equal to $3.30.
The Bahraini dinar is equal to 2.65 US dollars.
The Omani riyal is equal to 2.60 US dollars.
The Jordanian dinar is equal to 1.41 dollars, the
sterling pound is equal to 1.34 dollars,
the Cayman Islands dollar is equal to 1.20 US dollars
and the euro is equal to 1.13.
How is the currency affected to be strong or weak?
What makes the US dollar steady like the 50 stars on the flag?
Until now, the United States has all the elements that make Uncle Sam’s green, the safety valve of the American dream.