The strongest currencies in the world are those of the countries with some of the best managed economies. Economists have often restated that currency strength rises and wanes with demand and supply.

Demand itself is often tied to commodities such as oil, gold, copper and iron; which begs the question of why the highest currencies are not the most traded in the world. The most traded currencies in the world have seen some variable decrease in strength over the last few years, while these currencies continue to increase in value.

Even the most precious commodities have become increasingly less precious over the last few years, leading to uncertainty about the currencies to which they are pegged.

Top 100 Highest Currencies In The World

1. Kuwaiti Dinar (KWD)

Exchange Rate: 1 KWD = 3.25 USD

The Kuwaiti Dinar is the currency of Kuwait; which is a strong, but oil dependent economy. Kuwait has extensive oil reserves, and produces around 2 million barrels of oil per day. The country also has a small population; there are about 4.6 million people in the country.

Kuwait is therefore a rich country; the government holdings are valued at around $700 billion in assets. Some of the assets are located in Europe and America.

The Kuwaiti Dinar presently exchanges for 3.25 USD to one KWD. That represents a slight decrease; the price has gone down from around 3.30 USD in the previous year.

2. Bahraini Dinar (BHD)

Exchange Rate: 1 BHD = 2.65 USD

The Bahraini Dinar is the currency of Bahrain. Dinar is taken from Denarius; which was the currency of Ancient Rome. But Bahrain is not in Europe; it is in Western Asia. The country is an island country with around 1.4 million people.

That small population, combined with enormous oil reserves, makes Bahrain one of the wealthiest countries in the Gulf area. Oil is the country’s major export, but the country has also made good use of the money earned from oil sales over the years.

Bahraini Dinar exchanges for 2.65 USD, which is slightly lower than where it was a year ago.

3. Omani Rial (OMR)

Exchange Rate: 1 OMR = 2.60 USD

The Omani Rial is the Currency of Oman; a country in Western Asia. Oman was once an empire; its power and influence spread as far as Iran, Pakistan, and Zanzibar. The Omani Empire was therefore a contemporary of both the British and the Portuguese.

Today Oman is a country of around 4.5 million people, led by an absolute monarch; the Sultan.

The Sultan oversees everything; but the economy is in very good hands. Oman is dependent on oil, but it also has very good fishing resources in the coastal areas; which explains why the economy is very stable.

4. Jordanian Dinar (JOD)

Exchange Rate: 1 JOD = 1.41 USD

The Jordanian Dinar (JOD) is the currency of Jordan; another country in western Asia. This is a very important country in terms of culture and history; it has been the site of several civilizations in ancient times. Today, Jordan is a country with a population of around 11.4 million.

The economy is driven by oil in a similar fashion as other countries in the region; although it also has agriculture, fishing, and tourism as alternate sources of income and employment.

Jordan is quite a wealthy country; it has a more balanced economy than most other countries in the region.

The Jordanian Dinar (JOD) currently exchanges for 1 JOD = 1.41 USD; the currency has increased slightly in strength; showing that it may continue to do so in the future.

5. Great British Pound (GBP)

Exchange Rate: 1 GBP = 1.26 USD

The Great British Pound, also known as the Pound Sterling is the currency of Great Britain. Great Britain is one of the world’s most powerful countries; some of its former colonies include the United States, Canada, and Australia.

Britain has a population of around 67 million, and an economy that is powered by manufacturing, oil, agriculture, and several other sectors. Great Britain is a very well diversified economy, and the people live a high quality of life.

The GBP exchanges for 1 GBP = 1.26 USD; which is a marked decrease in value from 1.31 USD where it stood as at early 2023.

6. Cayman Islands Dollar (KYD)

Exchange Rate: 1 KYD = 1.20 USD

The Cayman Islands is an island country in the Caribbean; it is a British overseas territory, but one that is self-governing. Its population is around 81,500, and that includes immigrants from 140 countries.

The Cayman Islands’ major economic advantage is that it is one of the world’s most important offshore financial havens; its financial system is therefore its oil. The Cayman Islands’ banks hold money for wealthy individuals, and a lot of money also passes through the country.

Other sectors and industries are built around the banking sector.

The Cayman Islands Dollar currently exchanges for 1 KYD = 1.20 USD; but its value is pegged to the British Pound.

7. Euro (EUR)

Exchange Rate: 1 EUR = 1.08 USD

The Euro is the currency of Europe; or at least of those countries in the Eurozone. It is used by 20 countries, including Germany, France, Spain, and Italy.

Europe as an economic zone is bustling; manufacturing, agriculture, tourism, and air-travel are just some of the industries that that boost the economy of the continent. They have very strong brands that dominate the world markets for their various products.

The Euro exchanges for 1 EUR = 1.08 USD. This is a slight decrease in value; the Euro has exchanged for a higher rate within the last 12 months.

8. Swiss Franc (CHF)

Exchange Rate: 1 CHF = 1.08 USD

The Swiss Franc (CHF) is the currency of Switzerland; a country at the crossroads of Western and Eastern Europe. Switzerland is a very important country; it has 9 million inhabitants, and a remarkable culture. Even more remarkable is the fact that the country is a symbol of peace and stability- famously neutral in war.

Switzerland is an important hub of science and technology; pharmaceuticals, machinery, software, watches, and so on. The country also has a famous banking system; Swiss Banks are the favorite places for extremely wealthy people to store their wealth.

9. US Dollar (USD)

Exchange Rate: 1 USD = 1 USD

The United States is the most powerful country in the world. It is the place where most people of the world want to live. It has a population of around 300 million, and that population continues to rise with immigration.

The U.S economy is driven by manufacturing; 136 of the world’s 500 biggest companies are headquartered there. Food processing, auto manufacturing, restaurants, hotels, technology, pharmaceuticals, and so on.

10. Canadian Dollar (CAD)

Exchange Rate: 1 CAD = 0.74 USD

Canadian dollar almost sounds like US dollar; both countries are neighbors, and were sired by Britain. Canada retains good social and economic relations with Britain. The country is one of the largest in the world by land area; it measures 9,984,670 km2. By contrast, it has a relatively small population of around 40 million.

The Canadian economy is boosted by agriculture, oil, mining, manufacturing, services, and so on. This is a very well diversified economy; one that is well managed to stand the test of time.

The Canadian dollar presently trades at 1 CAD = 0.74 USD. That is neutral; it is roughly the same rate as it was trading 12 months ago.

11. Bruneian Dollar

Exchange Rate: BND 1=0.74USD

The Bruneian Dollar is the currency of Brunei, a country in Asia. It is quite a small country; located on an island. The population is just 460,000. However the country used to be a huge empire; ruling most of Borneo, and establishing colonies in other places. It was part of the ancient Maritime Jade Road; which is central to the history and culture of the region.

Today, it is part of another road; the Oil Road. Brunei’s economy is primarily driven by oil; oil and gas account for more than 90% of the country’s revenue. Nevertheless, Brunei is the second most developed country in southeast Asia- it is only behind Singapore.

12. Australian Dollar

Exchange Rate: 1AUD=0.65 USD

The Australian Dollar is the currency of Australia; a giant country in Oceania. Australia has a land area of 7,692,024km2. However, the country has been described as having the driest and least fertile inhabited country.

That has not hindered the economy; Australia has a high income economy, with energy, science and technology, retail trade, mining, and tourism being some of its leading sectors.

The Australian dollar currently exchanges for 1AUD=0.65 USD. That figure indicates a slight downturn; the Australian dollar has lost some value in the past 12 months.

13. New Zealand Dollar

Exchange Rate: 1NZD to 0.62 USD

The New Zealand Dollar is the currency of New Zealand- a country in Oceania, with very close cultural and economic ties to Australia. New Zealand has a population of 5.2 million people, and a land area of 268,021km2.

The land itself is surrounded by water, but that does not stop New Zealand from being an important economic center. The country’s economy is driven by trade; with some of the most important commodities being wool, milk, wine, fruits, and meat.

The New Zealand dollar currently exchanges for 1NZD to 0.62 USD.

14. Azerbaijani Manat

Exchange Rate: 1USD = 0.59USD

Azerbaijani Manat is the currency of Azerbaijan; a small country in Eastern Europe. The country is a former part of the Soviet Union. Azerbaijan has a population of about 10.3 million, and a land area of around 86,600 km2.

The country is important chiefly because of tourism; in fact the Azerbaijani Manat is one of the strongest currencies in the world because of tourism. The country also has rich energy resources, and also very good food production and agriculture.

The Azerbaijani Manat exchanges for 1USD = 0.59USD.

15. Aruban Florin

Exchange Rate: 1 Aruban Florin = 0.55 USD

The Aruban Florin is the currency of Aruba, a small island country located in the South Caribbean Sea. The country is actually a part of the Kingdom of the Netherlands. The country has a population of about 106,703, while the land area is measured at 180KM2.

Aruba’s economy is driven by tourism, oil, plant products, and offshore banking. The country has a lot of potential in other industries, which when developed will see the country’s economy grow even further.

The Aruban Florin currently exchanges for 1 Aruban Florin = 0.55 USD.

16. Belizean Dollar

Exchange Rate: 1BZD= 0.55USD

The Belizean Dollar is the currency of Belize; a small country in Central America. Belize is a part of the Commonwealth; King Charles III of England is the Monarch and Head of State. Belize has a population of about 441,471 people living in an area of 22,966 km2.

The economy of Belize is driven by agriculture, tourism, and retail. Oil, construction, and services are also important industries.

The Belizean Dollar currently exchanges for 1BZD= 0.55USD; that is a slight drop in value from its figure 12 months ago.

17. Bulgarian Lev

Exchange Rate: 1BGN= 0.55USD

The Bulgarian Lev is the currency of Bulgaria, a country in Eastern Europe. Bulgaria is an interesting country from a cultural perspective; it has Greek, Persian, ottoman and roman influences. The country has a population 6.4 million, living in a land area of 110,993.6 km2.

The economy of Bulgaria is boosted by agriculture, electronics manufacturing, science and technology, and other sectors.

The Bulgarian Lev currently exchanges for 1BGN= 0.55USD. This is a slight drop in value compared to the figures as at 12 months ago.

18. Fijian Dollar

Exchange Rate: 1FJD= 0.45USD

The Fijian Dollar is the currency of Fiji; an island country in Oceania. Fiji is a visitor’s paradise; an island that is blessed with natural beauty and very happy people. The people number around 926,000, and they live in an area of 18,274 km2.

The country’s economy is driven by agriculture, tourism, good processing, and manufacturing. The economy is quite diversified; and there is plenty of room for growth in the near future.

19. Georgian Lari

Exchange rate: 1GEL to 0.38USD

The Georgian Lari is the currency of Georgia which is a country in Eastern Europe. This was formerly a part of the Soviet Union; and is quite a culturally diverse country. The population of Georgia stands at 3.6 million, while the land area is 69700KM2.

The economy of Georgia is driven by agriculture, trade, mining, and tourism. The Georgian Lari currently exchanges at 1GEL to 0.38USD

20. Singapore Dollar

Exchange Rate: SGD 1.34-1 USD

The Singapore Dollar is the currency of Singapore; a small city state in Asia. Despite its location in Asia, Singapore is a place of great racial and cultural diversity. It is a very liberal place, and also a very well organized society.

The country’s population is 5.9 million, and the country is quite densely populated because it is very small. Nevertheless, it is one of the richest countries in the world, and that purchasing power has led to an increase in the value of its currency.

The following is a more extensive presentation of the top 100 highest currencies in the world.

Position Currency Country Exchange Rate
1 Kuwaiti Dinar Kuwait 1 KWD = 3.25 USD
2 Bahraini Dinar Bahrain 1 BHD = 2.65 USD
3 Oman Rial OMR Oman 1 OMR = 2.60 USD
4 Jordanian Dinar (JOD) Jordan 1 JOD = 1.41 USD
5 Great British Pound (GBP) Britain 1 GBP = 1.26 USD
6 Cayman Islands Dollar (KYD) Cayman Islands 1 KYD = 1.20 USD
7 Euro (EUR) Austria, Belgium

Croatia, Cyprus

Estonia, Finland

France, Germany

Greece, Ireland

Italy, Latvia,

Lithuania,

Luxembourg,

Netherlands,

Portugal, Slovakia

Slovenia, Spain, Malta

1 EUR = 1.08 USD
8 Swiss Franc (CHF) Switzerland 1 CHF = 1.08 USD
9 US Dollar (USD) USA 1 USD = 1 USD
10 Canadian Dollar (CAD) Canada 1 CAD = 0.74 USD
11 Bruneian Dollar (BND) Brunei BND 1=0.74USD
12 Australian Dollar (AUD) Australia 1AUD=0.65 USD
13 New Zealand Dollar (NZD) New Zealand 1NZD to 0.62 USD
14 Azerbaijani Manat (AZN) Azerbaijan 1USD = 0.59USD
15 Aruban Florin (AWG) Aruba 1 AWG = 0.55 USD
16 Belizean Dollar (BZD) Belize 1BZD= 0.55USD
17 Bulgarian Lev (BGN) Bulgaria 1BGN= 0.55USD
18 Fijian Dollar (FJD) Fiji 1FJD= 0.45USD
19 Georgian Lari (GEL) Georgia 1GEL to 0.38USD
20 Singapore Dollar (SGD) Singapore SGD 1.34-1 USD
21 Tongan pa’anga             (TOP) Tonga TOP 2.43-1 USD
22 Samoan Tala     (WST) Samoa WST2.80-1USD
23 Caribbean Dollar             (XCD) Anguilla, Antigua and Barbuda, Dominica, Grenada, Montserrat, Saint Kitts and Nevis, Saint Lucia, Saint Vincent and the Grenadines XCD2.70-1USD
24 Lithuanian Litas             (LTL) Lithuania LTL 3.0245-1USD
25 Papua New Guinean Kina     (PGK) Papua New Guinea PGK3.52-1USD
26 Peruvian Sol     (PEN) Peru PEN3.95-1USD
27 Qatari Rial     (QAR) Qatar QAR3.64-1USD
28 Saudi Riyal       SAR Saudi Arabia SAR 3.75-1USD
29 Tunisian Dinar (TND) Tunisia TND3.21-USD
30 Romanian Leu (RON) Romania RON 4.89-USD
31 Polish Zloty     (PLN) Poland PLN 4.68-USD
32 Malaysian Ringgit             (MYR) Malaysia MYR 4.75-USD
33 Libyan Dinar    (LYD) Libya LYD 4.95-USD
34 New Israeli Shekel             (ILS) Israel ILS 3.55-USD
35 Emirati dirham             (AED) UAE AED 3.67-1USD
36 New Turkish Lira             (TRY) Turkey TRY 5.375-1USD
37 Brazilian Real   (BRL) Brazil BRL5.12-1USD
38 Trinidad and Tobago dollar   (TTD) Trinidad and Tobago TTD 6.68-1USD
39 Bolivian boliviano             (BOB) Bolivia BOB 6.80-1USD
40 Danish krone   (DKK) Denmark, Faroe Islands, Greenland DKK6.92=1USD
41 Renminbi         (CNY) China, People’s Republic of CNY7.19=1USD
42 Guatemalan quetzal             (GTQ) Guatemala GTQ 7.70- 1 USD
43 Hong Kong dollar             (HKD) Hong Kong HKD 7.85- 1USD
44 Croatian Kuna (HRK) Croatia HRK 7.54-1USD
45 Macau Pataca (MOP) Macau MOP 8.09- 1USD
46 Solomon Islands dollar   (SBD) Solomon Islands SBD 8.21-USD
47 Salvadoran Colon,       (SVC) El Salvador SVC 8.75-USD
48 Norwegian Krone             (NOK) Norway, Svalbard NOK 10.25-1USD
49 Moroccan Dirham             (MAD) Morocco, Western Sahara MAD   10.93-1USD
50 Swedish Krona             (SEK) Sweden SEK 10.86-1USD
51 Tajik Somoni    (TJS) Tajikistan TJS 10.05-1USD
52 Botswana Pula             (BWP) Botswana BWP13.23-1USD
53 Ghanaian Cedi             (GHS) Ghana GHS14.06-1USD
54 Estonian kroon             (EEK) Estonia EEK14.2802-1USD
55 Eritrean Nakfa (ERN) Eritrea ERN 15.00-1USD
56 Maldivian Rufiyaa             (MVR) Maldives MVR 15.38-1USD
57 Seychellois Rupee             (SCR) Seychelles SCR14.35-1USD
58 South African rand South Africa, Namibia, Lesotho,  Swaziland ZAR17.75-1USD
59 Namibian Dollar Namibia NAD17.75-1USD
60 Mexican peso (MXN) Mexico MXN 19.47-1USD
61 Moldovan leu (MDL) Moldova MDL 19.06-1USD
62 Honduran lempira (HNL) Honduras HNL 24.34- 1USD
63 Egyptian pound             (EGP) Egypt EGP 24.32-1USD
64 Czech Republic  Koruna        (CZK) Czech Republic CZK 24.32-1USD
65 Slovak koruna             (SKK) Koruna SKK 26.39-1USD
66 Surinamese dollar             (SRD) Suriname SRD29.71-1USD
67 Nicaraguan córdoba             (NIO) Nicaragua NIO35.45-1USD
68 Ukrainian hryvnia            ( UAH) Ukraine UAH36.76-1USD
69 Thai baht         THB Thailand THB 37.36-1USD
70 Uruguayan peso             (UYU) Uruguay UYU 39.89-1 USD
71 Ethiopian birr (ETB) Ethiopia ETB 52.91- 1USD
72 Philippine peso             (PHP) Philippine PHP 58.40-1USD
73 Macedonian denar             (MKD) North Macedonia MKD   61.81-1USD
74 Gambian dalasi             (GMD) The Gambia GMD   61.01=1USD
75 Mozambique metical             (MZN) Mozambique MZN63.50=1USD
76 Indian rupee    (INR) India INR     81.93=1USD
77 Kyrgyzstani som             (KGS) Kyrgyzstan KGS 84.00- 1 USD
78 Russian ruble   (RUR) Russia RUB91.38=1USD
79 Icelandic króna             (ISK) Iceland ISK 146.04- 1 USD
80 Serbian dinar   (RSD) Serbia and Montenegro RSD 117.29- 1 USD
81 Japanese yen   (JPY) Japan JPY149.28-1USD
82 Kenyan shilling             (KES) Kenya 1USD=159.59KES
83 Haitian Gourde             (HTG) Haiti HTG 129.03- 1 USD
84 Algerian Dinar             (DZD) Algeria DZD 140.29- 1 USD
85 Liberian Dollar             (LRD) Liberia LRD 153.73- 1 USD
86 Jamaican Dollar             (JMD) Jamaica JMD 151.59- 1 USD
87 Djiboutian franc             (DJF) Djibouti DJF 177.78- 1 USD
88 Guyanese dollar             (GYD) Guyana GYD 205.69 – 1 USD
89 Pakistani rupee             (PKR) Pakistan PKR 221.50- 1 USD
90 Zimbabwean Dollar (ZWL) Zimbabwe USD1=322ZWL
91 Sri Lankan rupee             (LKR) Sri Lanka LKR 364.50 – 1 USD
92 Hungarian forint             (HUF) Hungary HUF 400.21- 1USD
93 Comorian franc             (KOF) Comoros KOF430.94 – 1 USD
94 Kazakh tenge (KZT) Kazakhstan KZT 464.05- 1 USD
95 North Korean Won             (KPW) North Korea KPW   899.98- 1 USD
96 Malawian Kwacha             (MWK) Malawi MWK1,011.6- 1 USD
97 Rwandan Franc             (RWF) Rwanda RWF1,050.75- 1 USD
98 Nigerian Naira (NGN) Nigeria NGN1,400-1 USD
99 Myanmar Kyat (MMF) Myanmar MMF1,531.78- 1 USD
100 Ugandan Shillings Uganda UGX3,741=1USD

Closing

The top currencies in the world belong to the top economies in the world. A country’s currency is a great metric by which the state of health of an economy may be determined. However, special consideration must be made for those countries that are heavily reliant on one particular industry or commodity.

In such cases it may be a matter of time before the reset occurs, and the currencies find themselves at the bottom. Whatever the case, this shows the order of importance of currencies.

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4 Replies to “Top 100 Highest Currencies In The World 2024, {World Strongest}

  1. Your graphic says #6 = Sierra Leonean Leone.

    Almost not a currency, almost worthless.

    In the article you correctly change it to Gibraltar Pound.

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