2020
Top 10 currencies of the world
List of Top 10 Highest Value Currencies in the World :
1)
Kuwait: KWD
An oil rich country located in the
middle-east, Kuwait has the highest valued currency in the world
currently. Kuwait is a small country with enormous wealth. The high value
(rate) of its currency is explained by significant oil exports into the global
market.
Kuwaiti
Dinar rates:
1 KWD = 3.29 USD (Kuwaiti dinar to US dollar).
1 KWD = 2.97 EUR (Kuwaiti dinar to euro).
1 KWD = 3.29 USD (Kuwaiti dinar to US dollar).
1 KWD = 2.97 EUR (Kuwaiti dinar to euro).
2)
Bahrain: BHD
Many would be surprised to see Bahrain in the
list but Bahraini Dinar is the second most valued currency in the world. Bahrain
is a Persian Gulf island state with a population of just over 1 million people.
As in the first case, this country’s largest source of income is the
"black gold" exports.
Bahrain
Dinar rates:
1 BHD = 2.66 USD (Bahrain Dinar to US Dollar).
1 BHD = 2.40 EUR (Bahrain Dinar to Euro).
1 BHD = 2.66 USD (Bahrain Dinar to US Dollar).
1 BHD = 2.40 EUR (Bahrain Dinar to Euro).
3)
Oman: OMR
Another Middle-Eastern country with high
valued currency. Oman is a country on the Arabian Peninsula. Thanks to its
strategic location, it possesses a developed economy and a high quality of
life.
Oman Rial rates:
1 OMR = 2.60 USD (Oman Rial to US Dollar).
1 OMR = 2.34 EUR (Oman Rial to Euro).
1 OMR = 2.60 USD (Oman Rial to US Dollar).
1 OMR = 2.34 EUR (Oman Rial to Euro).
4)
Jordan: JOD
Another middle-eastern country. Rich in Oil
and hence a rich economy and a high valued currency. It is hard to explain
the high value of Jordan Dinar. This country is not economically developed, and
it lacks essential resources, such as oil.
Jordan Dinar rates:
1
JOD = 1.41 USD (Jordan
Dinar to US Dollar).
1 JOD = 1.27 EUR (Jordan Dinar to Euro.
1 JOD = 1.27 EUR (Jordan Dinar to Euro.
5)
United Kingdom: GBP
Now
this name won’t surprise many. An erstwhile world power which still holds a
sway in the world has a very useful and high valued currency. Most people
consider that British Pound is the strongest world currency, but it only closes
the top five of this list.
British
Pound Sterling rates:
1 GBP = 1.32 USD (British Pound Sterling to US Dollar).
1 GBP = 1.19 EUR (British Pound Sterling to Euro).
1 GBP = 1.32 USD (British Pound Sterling to US Dollar).
1 GBP = 1.19 EUR (British Pound Sterling to Euro).
6)
Gibraltar: GIP
Another
surprise entry in this list. This African nation has a very high valued
currency that not many of us are aware of. 1 Gibraltar is equal to 1.24
Dollar.
7)
Cayman Island: KYD
Another surprise entry to this list. But
Cayman Island is economically very stable. The Cayman Islands are one of
the world’s best tax haven. These islands provided licenses for hundreds of
banks, hedge funds, and insurance companies.
Cayman Islands Dollar rates:
1 KYD = 1.22 USD (Cayman Islands Dollar to US Dollar).
1 KYD = 1.01 EUR (Cayman Islands Dollar to Euro).
1 KYD = 1.22 USD (Cayman Islands Dollar to US Dollar).
1 KYD = 1.01 EUR (Cayman Islands Dollar to Euro).
8)
European Union: Euro
Not a country but a bloc of nations and when
nations come together for trade and other purposes, the economy is bound to be
stronger and the value of the currency is high.
The Euro currency has strengthened over the
past few years. This allowed it to rise in the list of the most powerful
currencies. Partially, its strength is explained by the fact that it is the
official world currency in European countries, among which you will find
several economically developed ones.
European Euro rate:
1 EUR = 1.11 USD (European Euro to US Dollar).
1 EUR = 1.11 USD (European Euro to US Dollar).
9)
Latvia: Euro
A
surprise entry in this list. This Eastern European country is not often in
news? good or bad. But having the Latvian Lats is beneficial. Exchanging one
Lats will give you around 1.08 Dollar.
.
10)
Switzerland: Swiss Franc
Switzerland is not only one of the richest
countries in the world, but it also belongs to the most stable ones. Its
banking system had long been known for its formerly resolute "Bank
Secrecy".
Swiss Franc rates:
1 CHF = 1.01 USD (Swiss Franc to US Dollar).
1 CHF = 0.91 EUR (Swiss Franc to Euro).
1 CHF = 1.01 USD (Swiss Franc to US Dollar).
1 CHF = 0.91 EUR (Swiss Franc to Euro).
Note:
The currency exchange rates may fluctuate in future.
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