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).

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).

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).

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.

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).

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).

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).

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.

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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).

Note:  The currency exchange rates may fluctuate in future.