Top 10 Strongest Currencies in the World | Highest Currency in the World
Among the world currencies , have you ever wonder what Top 10 Strongest Currencies in the World are? In this article, we will present you the list of Top 10 Strongest currencies of the world . We will show you world currency list that is the highest currency among 196 countries in the world. These currencies are unique, they have their own value against the others. In the list below, we present you the highest currency in the world.
Top 10 Strongest Currencies in the World
You can say that one of the superpower countries in this world is The United States of America. We can say this because of the development of its tech and economy. US dollar is the currency of this country. US Dollar can be called or written in several abbreviations such as $, US$ and USD. For each dollar, you can have 100 cents. Currently, US dollar is the standard currency for the international trading. The Central Bank ‘Federal Reserve System’ declared its currency notes as $1, $5, $10, $20, $50 and $100 while sometimes banknote of $2 also used.
The value of Switzerland Franc is 1 Franc = 1.05 US Dollar. Switzerland’s and Liechtenstein’s official currency is Swiss Franc. This currency is available in banknotes and coins which are issued by the Swiss National Bank. The official symbol for this currency is SFr, but then changed to CHF. Switzerland Franc is available in 5, 10 & 20 centimes and 1/2, 1, 2 & 5 francs which are in shape of coins. Franc is ranked number 9 among the Top 10 Strongest Currencies in the World. In terms of per capita, Switzerland was stated to be the world’s richest country in the year 2011.
The value of European Euro is 1 € = 1.13 US Dollar. Most of European countries such as Spain, Belgium, Netherlands, Germany, Austria and the others apply the euro currency. European Euro can be found in notes and coins also. The name “euro’ itself is declared in 1995. The bank notes are available in the values of €5, €10, €20, €50, €100, €200 and €500. For the coins, the European Euro is available in 1c, 2c, 5c, 10c, 20c, 50c, €1 and €2. If we compare the value of European Euro to the United States dollar, we can say that it is equivalent to 1.13 US Dollar. For your information also, the biggest currency note in euro is equivalent to 566.05 US dollars. Based on European Euro’s value, it is ranked number 8 among the Top 10 Strongest Currencies in the World.
Cayman Islands Dollar
The value of Cayman Islands Dollar is 1 CI$ = 1.22 US Dollar. The Cayman Islands is part of United Kingdom. Cayman Islands has Cayman Islands Dollar as its official currency. It was declared in 1972 subsituting the previous one, Jamaican dollar. The symbol of the currency is KYD. The abbreviation to write Cayman dollar is CI$. But sometimes you can find it using sign $ only. CI$ 1.00 is equal to 1.22 USD so it is ranked number 7 among the Top 10 Strongest Currencies in the World. 1 Cayman Islands dollar is divided into 100 cents. The central bank ‘Cayman Islands Monetary’ stated that its banknotes as 1, 5, 10, 25, 50 & 100 dollars, and the coins as 1, 5, 10 and 25 cents.
The value of Jordanian Dinar is 1 JOD = 1.41 US Dollar. Jordan is part of Middle East countries which officially issues dinar as its currency. It is abbreviated as JOD. Jordan currency was also once used in West Bank with Israel currency and keeping its stability in the different era. Central Bank of Jordan issues the banknotes of Jordanian Dinar as 1, 5, 10, 15, 20 and 50. The central bank also issues Jordanian Dinar in coins as ½, one qirsh, 2½, 5, ten piasters, ¼, ½ and 1 dinar. Compared with the United States dollar 1 JOD is equal to 1.41 USD so it is ranked number 6 among the Top 10 Strongest Currencies in the World.
UK Pound Sterling & Gibraltar Pound
The value of UK Pound Sterling is 1 GBP = 1.54 US Dollar. The United Kingdom officially use pound sterling or sometimes simply called as pound as its currency. Pound has special nickname, Quid. UK pound fixed with Gibraltar pound (at par), Falkland Islands pound (at par), Jersey pound (local issue), Saint Helena pound (at par), and four others. The UK Pound Sterling is abbreviated as GBP. 1 GBP is equivalent to 1.54 United States dollar so it is ranked number 5 among the Top 10 Strongest Currencies in the World.
The Bank of England declared the official banknotes, they are £5, £10, £20 and £50 which is commonly used in the country. For £1 and £100 are also currency notes of UK, but they are rarely used. The Bank of England also issued coins with currency value of 1 penny, 2 penny, 5 penny, 10 penny, 20 penny, 50 penny, £1 and £2 which is commonlyused. It also issued the rarely used coins such as 3 penny, 4 penny, 25 penny, £5, £20, £500 (Silver Kilo) and £1,000 (Gold Kilo). UK pound is considered as one of the oldest currencies in the world.
Latvian Lats and the EURO
The value of Latvia Lats is 1 LVL = 1.61 US Dollar. On January 1st, 2014, Latvian Currency was declared as euro. Formerly, this the Latvian’s currency was Lats since 1922. Latvian Lats is abbreviated as LVL. It is ranked number 4 among the Top 10 Strongest Currencies in the World.
The value of Omani Riyal is 1 OMR = 2.60 US Dollar. Oman is part of Middle East countries. Omani Riyal is officially issued in 1970. One riyal of Oman is equal to 2.6008 United States dollars. The Central Bank of Oman officially issues the banknotes of 100 baisa, 200 baisa, ½ rials, 1 rials, 5 rials, 10 rials, 20 rials and 50 rials. For the coins, the bank issues 5, 10, 25, 50 baisa. Omani Riyal is ranked number 3 among the Top 10 Strongest Currencies in the World.
The value of Bahraini Dinar is 1 BHD = 2.65 US Dollar. Bahrain is a small island country which is located near the western shorelines of the Persian Gulf. Bahrain’s official currency is dinar. One thousand fils is equalto get one dinar. 1 Bahraini Dinar is equivalent to 2.65 United States dollars. Central Bank of Bahrain issues the banknotes which are used in the country such as BD ½, BD 1, BD 5, BD 10 and BD 20. For the coins, the bank issues ½ BD, 5 BD, 10 BD, 25 BD, 50 BD and 100 BD. Bahraini Dinar is ranked number 2 among the Top 10 Strongest Currencies in the World.
The value of Kuwaiti Dinar is 1 KWD = 3.38 US Dollar. Kuwaiti Dinar from Kuwait is the leading currency in all over the world. Kuwait is part of Middle East Countries which have borders connected to Saudi Arabia and Iraq. Kuwaiti Dinar is abbreviated as KWD or K.D. The Central Bank of Kuwait declares the banknotes of 1⁄4 dinar, 1⁄2, 1, 5, 10 and 20 dinars. For the coins, the central bank issues 5 fils, 10 fils, 20 fils, 50 fils and 100 fils. Kuwaiti Dinar is ranked number 1 among the Top 10 Strongest Currencies in the World.
So, that’s all. Those 10 currencies above are the Top 10 Strongest Currencies in the World. We hope that this list is useful for you. Please share if you think that this will help others too.