What is missing in the following list of currencies?
1 Egyptian Pound = $0.13
1 Jordanian Dinar = $1.41
1 Qatar Riyal = $0.27
1 Israeli Shekel = $0.26
1 Saudi Riyal = $0.27
1 United Arab Emirates Dirham = $0.27
1 Omani Riyal = $2.59
1 Iraqi Dinar $0.00085
…think of sesame street…”from the list of currencies what is not like the others?” From the list of currencies, which country has the largest economy?
[The largest economy to be Iraq and the currency has leading zeros…which shows it’s weak at the moment.]
Very good…actually the current value is not weak…it is actually…worthless.
Yet, many of the other countries that have only a fraction of the GDP have currencies valued a 1,000 times greater.