Whatever business we do, we do it through money. Money is used in every day work. Now transactions in international trade are done by converting Indian notes into dollars. This type of business is done because the dollar is stronger than the rupee.
We have seen that the Indian Rupee is now weakening against the Dollar. The rupee has been devaluing for decades. Therefore, today when we trade with many countries, especially when imports increase, Indian money has to be paid more. This is called devaluation of the rupee.
But the Indian Rupee is more valuable compared to the currencies of some other countries. In such a situation we will benefit. Indian rupee is king in some countries. Because the value of that country’s money is on the way compared to the dollar. Thus the value of their country’s money is less than the Indian Rupee.
In India you can eat good food for just Rs 100. But in some countries even our 100 rupees can do a lot of work. Our money is king in this country. So which are such countries? Let us know in which country our rupee has the royal dignity.
iran
The value of the Indian Rupee is quite high in Iran, where 1 Indian Rupee is equal to approximately 500.61 Iranian Rial. So our money works very well there. The low value of the Iranian rial is mainly due to economic sanctions and inflation. You can get approximately 50,061 IRR from Rs 100. With this money you can almost complete your shopping. This money is enough for food and clothes.
Traveling in Iran is affordable. If you have 3 thousand Indian rupees then you can get all the facilities like hotel, food, public transport.
vietnam
The value of the Indian Rupee is higher than that of the Vietnamese Dong (VND). There is record inflation. Thus there 1 Indian Rupee is equal to 299.3 VND. The dong is one of the most undervalued currencies globally. Rs 100 can buy goods worth approximately VND 29,930. It will meet almost all your demands in Vietnam.
Indonesia
The value of the rupee in Indonesia is higher than the Indonesian rupiah (IDR). There 1 Indian Rupee is equal to 200 IDR.
Pakistan
The exchange rate in Pakistan is around 1 rupee which is equivalent to our 0.29. Therefore Indian Rupee is strong, so many things can be bought in Pakistan with Rs 100.
bangladesh
Indian Rupee has significant value in Bangladesh which is Rs 0.75 per 1 BDT. The low value of the Bangladeshi taka is due to economic challenges and inflationary pressures. In these countries we can do business only through Indian rupees.
cambodia
The Indian Rupee is worth more than the Cambodian Riel (KHR) in Cambodia. This devaluation of reality is due to the economic challenges the country is facing. Rs 100 can get you 5,000 KHR.
Sri Lanka
The Indian Rupee trades at around 1 LKR = 0.25 INR in Sri Lanka and 1 NPR = 1.6 INR in Nepal.
These are the countries where Indian currency rules!
The Indian Rupee has a higher value compared to the currency of some countries. We benefit from this. In some countries the Indian Rupee is the highest.
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