For example, 1 Kuwaiti dinar = 3.26 USD = 266 INR, but the USD is strongest of them all
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The point in time exchange rate says very little about how much the currency is actually worth. It just shoes how just of one currency must be exchange to buy the same amount of goods with another currency. Think of it like miles and kilometers. Sure the mile has a larger value, but that doesn’t make it better in any sense, it just makes it a larger unit of measure.
What does make a currency strong is when it has a stable or rising value due to other currencies. In the case of the Kuwaiti Dinar, it was at a high 2008 at 3.80 USD, but has since gone down to 3.26 USD, so it isn’t as strong as it used to be, at least relative to the USD.
However if you compare the Kuwaiti Dinar to the Euro or the British pount, it has gone up since 2008.
The USD has gone up or remained stable relative to almost every other major currency during that time, so it is considered a strong currency.
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