Top 10 Highest Currency In The World 2017 , World Strongest / Most Valuable Currency In The World
Contrary to the thinking of many, The United States dollar is not the strongest currency in the world. Neither is it the Euro or even the Pound. So you are probably asking what is the strongest is the in the world or what is the highest currency in the world ? That would be discussed alongside the other 9 following it. One thing to note however is, the strongest currencies of the world are the currencies of countries with very strong economy.
Top 10 Highest Currency In The World 2017 , Most Valuable / Strongest Currency In The World
1. KUWAITI DINAR KWD
The Kuwaiti Dinar (currency of Kuwait) is unarguably the strongest currency in the world, it is worth $3.29. This shouldn’t come as a surprise as the country is a major producer and exporter of oil in the world and the presence of this and proper management has boosted their economy. Kuwait is an Arabic country bounded by Saudi Arabia and Iraq. So when next someone ask you of the highest currency in the world , tell him / her it is the Kuwaiti Dinar.
2. BAHRAINI DINAR BHD
Bahraini Dinar is the official currency of Bahrain, a small island / country located nearby the western shorelines of the Persian Gulf. This is the second most valuable currency in the world immediately following the Kuwaiti Dinar. Its value to dollar is $2.66. The reason why this island country’s currency is priced high is due to the present of oil in large quantity in the country.
3. OMANI RIAL OMR
This currency is the official currency of Oman, an Arabic country located also in the middle east. Oman is one of the richest country in the world due to the presence of oil reserves. This currency is worth $2.60, making it the third highest currency in the world .
4. BRITISH POUND GBP – £
This currency is officially known as Pound Sterling, it is the 4th highest currency in the world worth $1.24. It is used in countries such as Jersey, United Kingdom, South Georgia and the South Sandwich Islands, Isle of Man, Guernsey, the British Antarctic Territory and also Tristan da Cunha.
5. EURO EUR – €
This currency is worth $1.07 and the 5th most expensive currency of the world. The Euro is used in the Euro zone which consist of 19 out of the 28 countries of Europe. These countries includes Belgium, Cyprus, Austria, Germany, France, Finland, Ireland, Finland, Estonia, Italy, Latvia, Greece, Lithuania, Malta, Netherland, Portugal, Slovakia, Slovenia, Spain, Portugal and Luxembourg.
6. UNITED STATES DOLLAR USD – $
The United States dollar is THE official currency of the United States and also used by many countries. This currency is the most used in international transactions and most known by people around the world.
7. SWISS FRANC CHF
Swiss Franc is the currency of legal tender of Switzerland and Liechtenstein. This currency is approximately equal to United States Dollar in terms of value, 1.0041 Swiss francs is exchanged with a US Dollar. This makes it the 7th most expensive currency of the world.
8. LIBYAN DINAR LYD
The Libyan Dinar is the only currency from the African continent that made it to the list of top 10 strongest currencies of the world. The currency is the official currency of Libya, a country blessed with crude oil. 1.41 Libyan Dinar is exchanged with a US Dollar.
9. BRUNEI DOLLAR BND
This is the currency of Brunei, a southeast Asian country. This country is a small country that is one of the richest country of the world. This currency is also used in Singapore as it has almost the same value. 1.41 Brunei dollars is exchanged with a US Dollar. It also has an approximate value of the Libyan Dinar.
10. SINGAPORE DOLLAR SGD
As stated above, the value of the Singapore Dollar is equal to that of Brunei dollar. The currency is used both in Brunei and Singapore, making it among the highest currency in the world .
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