10 Most Expensive Currencies in The World in 2017

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3. Omani Rial (OMR)

1 OMR = 2.60 USD

Omani Rial ranks 3rd in our list of the most expensive currencies in the world in 2017. Though once again we come to a developing country in the form of Oman, it is in a different scenario. From a pathetic state of affairs, it has come to being a decent nation thanks to a skyrocketing level of development. The Omani rial, similar to the dinar of Jordan, has also been pegged to a specific amount of United States dollars, and hence it retains its value relative to the dollar. All of its notes feature its current Sultan – Qaboos bin Said al Said – thanks to it being an “absolute monarchy”. Similar to the dinar of Jordan, the Omani rial is subdivided into 1000 units called “baisas.” Coins of various denominations in baisas are found in Oman, as well as the two hundred baisa note.

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