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| Top 10 Highest Currency in The World |
Top 10 Highest Currency in The World
When we think about the highest valued currency in the world, then these Countries currencies come to our mind British Pound, US Dollar, Euro. But you will be surprised to know that these currencies does not even come in the top five highest currency of this world.
Here is the Top 10 Most Powerful Countries with the Highest Currency Value in the world. The value of the currency of a country depends on many factors such as the economy, political stability, globally demands and many more. These are the Top 10 Most Expensive Currency in the World.
Currently Top 10 Highest Currency in the world in 2022 are these:
1. Kuwaiti Dinar (Highest Currency in The World)
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| Kuwaiti Dinar - Most Expensive/Highest Currency in The World |
1 Kuwaiti Dinar = 3.30 US Dollar (August 2022)
1 Kuwaiti Dinar = 3.21 Euro
The Kuwaiti Dinar is the currency of Kuwait. The Kuwaiti Dinar is the highest currency in the world. The currency code for Kuwaiti Dinar is KWD. As of August 2022, the Kuwaiti Dinar is the currency with the highest value per base unit, with 1 KWD is equalling 3.30 USD and 3.21 EUR. The Kuwaiti Dinar is very valuable because of its significant oil export market globally and it has great value in the global market. Kuwait is a developed country with a high income economy backed by the world's sixth largest oil reserves. Kuwait is the fifth richest country in the world by gross national income per capita.
2. Bahraini Dinar (Second Highest Currency in The World)
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| Bahraini Dinar - Second Highest Currency in The World |
1 Bahraini Dinar = 2.65 US Dollar (August 2022)
1 Bahraini Dinar = 2.61 Euro
The Bahraini Dinar is the currency of Bahrain. The Bahraini Dinar is the second highest currency in the world. The currency code for Bahraini Dinar is BHD. The Bahraini Dinar was introduced in 1965, replacing the Gulf rupee at a rate of 10 rupees= 1 dinar. In December 1980, the dinar was officially pegged to the IMF's special drawing rights (SDRs). As of August 2022, the Bahraini Dinar is the second highest valued currency unit, with 1 BHD is around 2.65 USD and 2.61 Euro. Bahrain is recognised by the World Bank as a high income economy.
3. Omani Rial (Third Highest Currency in The World)
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| Omani Rial - Third Highest Currency in The World |
1 Omani Rial = 2.60 US Dollar (August 2022)
1 Omani Rial = 2.56 Euro
The Omani Rial is the currency of Oman. It is divided into 1000 baisa. The currency code for Omani Rial is OMR. Oman is one of the leading oil producers in the world. Since oil is valued in USD, Omani receives a lot of revenue in US dollars and holds on to the money to maintain its high value currency. Omani Rial is the third highest valued currency unit in the world after the Kuwaiti Dinar is Bahraini Dinar. As of August 2022, the 1 OMR is around 2.60 USD and 2.56 Euro.
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4. Jordanian Dinar (Powerful Currency in The World)
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| Jordanian Dinar - Powerful Currency in The World |
1 Jordanian Dinar = 1.41 US Dollar (August 2022)
1 Jordanian Dinar = 1.38 Euro
The Jordanian Dinar is the currency of Jordan. It has been the currency of Jordan since 1950. The currency code for Jordanian Dinar is JOD. The Central Bank of Jordan commenced operations in 1964 and become the sole issuer of Jordanian currency, in place of the Jordan Currency Board. The Jordanian Dinar is expensive because its currency is pegged to the USD. The country keeps fixed exchange rates and so its currency doesn't float from changes in supply and demand. As of August 2022, 1 JOD is around 1.41 USD and 1.38 Euro.
5. British Pound Sterling (Powerful Currency in The World)
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| British Pound Sterling - Powerful Currency in The World |
1 Pound Sterling = 1.20 US Dollar (August 2022)
1 Pound Sterling = 1.19 Euro
The Sterling is the official currency of the United Kingdom and its associated territories. The currency code for Pound Sterling is GBP. The pound is the main unit of sterling, and the currency itself may be referred to by the compound noun pound sterling or the term British Pound. Sterling is the world's oldest currency that is still in use. It is currently the fourth most-traded currency in the foreign exchange market, after the United States dollar, the euro, and the Japanese yen. As of August 2022, 1 GBP around 1.20 USD and 1.19 Euro.
6. Cayman Islands Dollar (Best Currency in The World)
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| Cayman Islands Dollar - Best Currency in The World |
1 Cayman Islands Dollar = 1.20 US Dollar (August 2022)
1 Cayman Islands Dollar = 1.18 Euro
The Cayman Islands dollar is the currency of Cayman Islands. The currency code for Cayman Islands dollar is KYD. The Cayman Islands dollar was introduced in 1972, replacing the Jamaican dollar. As of August 2022, 1 KYD is around 1.20 USD and 1.18 Euro. Cayman Islands dollar has a stronghold in the international market. The country's strong financial services sector and economy make the Cayman Islands dollar one of the highest currency in the world.
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7. Swiss Franc (Best Currency in The World)
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| Swiss Franc - Best Currency in The World |
1 Swiss Franc = 1.20 US Dollar (August 2022)
1 Swiss Franc = 1.18 Euro
The Swiss Franc is the currency and legal tender of Switzerland and Liechtenstein. The currency code for Swiss Franc is CHF. Switzerland is one of the richest countries in the world, but also the political and financial stable ones. Switzerland, Liechtenstein, Italy official and Germany is unofficial user of the Swiss Franc. As of August 2022, 1 Swiss Franc is around 1.05 USD and 1.04 Euro.
8. Euro (Powerful Currency in The World)
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| European Euro - Powerful Currency in The World |
1 Euro = 1.01 US Dollar (August 2022)
The Euro is the official currency of 19 out of the 27 member states of the European Union. The currency code for Euro is EUR. The Euro is the second largest reserve currency after the US Dollar. It is also the second most traded currency in the world. As of August 2022, 1 Euro is around 1.01 US Dollar. Euro is the official legal tender of 19 member states of the European Union including Austria, Belgium, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Portugal, Slovakia, Slovenia and Spain.
9. United States Dollar (Most Powerful Currency in The World)
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| United States Dollar - Most Powerful Currency in The World |
1 US Dollar = 0.99 Euro (August 2022)
The United States dollar is the official currency of the United States and several other countries. The currency code for the United States Dollar is USD. The U.S. dollar become an important international reserve currency after the First World War. It is the most traded currency in the world. US dollar is the largest reserve currency in the world. As of August 2022, 1 US Dollar is around 0.99 Euro. The United States of America (USA) is the most powerful nation and the US Dollar is the most powerful currency in the world.
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10. Canadian Dollar (Powerful Currency in The World)
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| Canadian Dollar - Powerful Currency in The World |
1 Canadian Dollar = 0.77 US Dollar (August 2022)
1 Canadian Dollar = 0.76 Euro
The Canadian Dollar is the currency of Canada. It is divided into 100 cents (¢). The currency code for Canadian Dollar is CAD. The Canadian dollar is the fifth-most held reserve currency in the world, behind the US Dollar, the Euro, the yen and the pound sterling. As of August 2022, 1 CAD is around 0.77 USD and 0.76 Euro. The Canadian dollar is powerful because of the Canadian government's strong sovereign position and the stability of the country's legal and political systems.
List of Top 10 Highest/Strongest Currency in The World in 2022:
| S.No. | Currency Name (Currency Code) |
| 1. | Kuwaiti Dinar (KWD) |
| 2. | Bahraini Dinar (BHD) |
| 3. | Omani Rial (OMR) |
| 4. | Jordanian Dinar (JOD) |
| 5. | British Pound Sterling (GBP) |
| 6. | Cayman Islands Dollar (KYD) |
| 7. | Swiss Franc (CHF) |
| 8. | Euro (EUR) |
| 9. | United States Dollar (USD) |
| 10. | Canadian Dollar (CAD) |
FAQ on Highest Currency in The World
Q. Which is the highest currency in the world?
A. The Kuwaiti Dinar is the highest currency in the world. As of August 2022, 1 Kuwaiti Dinar is around 3.30 U.S. Dollars.
Q. Which is the top 3 highest currency in the world?
A. Kuwait Dinar (KWD) is first, Bahraini Dinar (BHD) is second and Omani Rial (OMR) is third highest currency in the world.
Q. Which is the oldest currency in the world?
A. The British Pound Sterling (GBP) is the oldest currency in the world. The British Pound has been used for over 1,200 years.
So, this is the list of Top 10 Best Currency in the World.
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