Top 10 Countries with the Highest Currency Value in the World 2021 Edition.
1.Kuwaiti Dinar
Kuwaiti Dinar (KWD)- Highest Currency in the World
The highest currency in the world is none other than Kuwaiti Dinar or KWD. The currency code for Dinars is KWD. The most popular Kuwait Dinar exchange rate is the INR to KWD rate. Indian expat community is very strong in Kuwait, hence the reason for being a popular currency pair. Kuwaiti Dinar has been the highest currency in the world for a while now because of the oil-rich country’s economic stability.
The economy of Kuwait is heavily dependent on oil exports as it has one of the largest global reserves. With such a high demand for oil, Kuwait’s currency is bound to be in demand. Another thing to note is that if you work in Kuwait, you do not have to pay any sort of taxes.
Currently one KWD is valued at 3.32 in USD. Check the most updated KWD to USD rates
2.Bahraini Dinar
The highest currency in the world is none other than Kuwaiti Dinar or KWD. The currency code for Dinars is KWD. The most popular Kuwait Dinar exchange rate is the INR to KWD rate. Indian expat community is very strong in Kuwait, hence the reason for being a popular currency pair. Kuwaiti Dinar has been the highest currency in the world for a while now because of the oil-rich country’s economic stability.
The economy of Kuwait is heavily dependent on oil exports as it has one of the largest global reserves. With such a high demand for oil, Kuwait’s currency is bound to be in demand. Another thing to note is that if you work in Kuwait, you do not have to pay any sort of taxes.
Currently one KWD is valued at 3.32 in USD. Check the most updated KWD to USD rates
2.Bahraini Dinar
Bahraini Dinar: Second Highest Currency in the world
The Bahraini Dinar or BHD is the currency of Bahrain. Located in the Arabian Gulf, Bahrain is also heavily reliant on oil exports. The most popular Bahrain Dinar exchange rate is the INR to BHD rate. The currency code for Dinars is BHD, and the currency symbol is BD. Indians are the largest expat group in Bahrain and that explains the reason for INR to BHD popularity. Bahrain attracts expats from all over the globe because of being the second-highest Currency in the world.
Currently one BHD is valued at 2.65 in USD. Check the most updated BHD to USD rates
3.Omani Rial
3.Omani Rial
Omani Rial: Third Highest Currency in the world
The Omani Rial or OMR is the currency of Oman. Before 1940, Oman used INR as its official currency and this is why the most popular Rial exchange rate is INR to OMR Rate.
Situated on the southeastern coast of the Arabian Peninsula, Oman’s economy mostly relies on the oil reserves that they have. Oman’s currency is pegged to the US Dollar.
Currently one OMR is valued at 2.60 in USD. Check the most updated OMR to USD rates.
4.Jordanian Dinar
4.Jordanian Dinar
Jordanian Dinar: Fourth Highest Currency in the World
The Jordanian dinar or JOD is the currency of Jordan. West Bank used Jordanian Donar and the Israeli shekel as well. The government of Jordan keeps fixed exchange rates which is a major reason behind the currency’s value so high. Jordan isn’t so heavily reliant on oil exports unlike its neighboring countries which is a good thing as their economy is diversified in multiple different sectors. The most popular Jordan Dinar exchange rate is the JOD to EUR rate.
Currently one JOD is valued at 1.41 in USD.
5.Gibraltar Pound
Gibraltar Pound: Fifth Highest Currency in the World
The Gibraltar pound or GIP is the currency of Gibraltar. It is pegged to – and exchangeable with – the British pound sterling at par value. The central bank controlling the GIP, with the responsibility of minting coins and printing notes, is the Government of Gibraltar. The most popular Gibraltar Pound exchange rate is the EUR to GIP rate.
The place is known as the overseas territory of Britain. The economy of Gibraltar is now dependent on a number of sectors like tourism and e-gaming.
Currently one Gibraltar Pound (GIP) is equal to 1.37 in USD.
6.British Pound (GBP)
The Gibraltar pound or GIP is the currency of Gibraltar. It is pegged to – and exchangeable with – the British pound sterling at par value. The central bank controlling the GIP, with the responsibility of minting coins and printing notes, is the Government of Gibraltar. The most popular Gibraltar Pound exchange rate is the EUR to GIP rate.
The place is known as the overseas territory of Britain. The economy of Gibraltar is now dependent on a number of sectors like tourism and e-gaming.
Currently one Gibraltar Pound (GIP) is equal to 1.37 in USD.
6.British Pound (GBP)
The pound sterling (£) or GBP is the currency of Great Britain. It is also the official currency of Jersey, Guernsey, the Isle of Man, South Georgia and the South Sandwich Islands, the British Antarctic Territory, and Tristan da Cunha. The most popular United Kingdom Pound exchange rate is the EUR to GBP rate. Sterling is the fourth most-traded currency in the foreign exchange market, after the United States Dollar, the Euro, and the Japanese Yen.
The currency is also the oldest existing currency that is still in place. Britain’s London is known as the financial hub of the world. With Britain carrying out so many trade activities, there is little surprise to see this currency in the list.
Currently one GBP is valued at 1.37 in USD. Check out the most updated GBP to USD rates.
7.Caymanian Dollar: KYD
The pound sterling (£) or GBP is the currency of Great Britain. It is also the official currency of Jersey, Guernsey, the Isle of Man, South Georgia and the South Sandwich Islands, the British Antarctic Territory, and Tristan da Cunha. The most popular United Kingdom Pound exchange rate is the EUR to GBP rate. Sterling is the fourth most-traded currency in the foreign exchange market, after the United States Dollar, the Euro, and the Japanese Yen.
The currency is also the oldest existing currency that is still in place. Britain’s London is known as the financial hub of the world. With Britain carrying out so many trade activities, there is little surprise to see this currency in the list.
Currently one GBP is valued at 1.37 in USD. Check out the most updated GBP to USD rates.
7.Caymanian Dollar: KYD
The Cayman Islands Dollar is the currency of the Cayman Islands. The most popular Cayman Islands Dollar exchange rate is the USD to KYD rate
Jamaican Dollar was in place till 1972 but then the Cayman Islands Dollar was put in as the official currency. The abbreviation of the currency is CI$. Currently, the value of KYD makes it the 8th position in highest currency in the world.
Currently one KYD is valued at 1.20 in USD.
8.Euro: EUR
The Cayman Islands Dollar is the currency of the Cayman Islands. The most popular Cayman Islands Dollar exchange rate is the USD to KYD rate
Jamaican Dollar was in place till 1972 but then the Cayman Islands Dollar was put in as the official currency. The abbreviation of the currency is CI$. Currently, the value of KYD makes it the 8th position in highest currency in the world.
Currently one KYD is valued at 1.20 in USD.
8.Euro: EUR
The Euro or EUR is the official currency of the eurozone, which consists of 19 of the 28 member states of the European Union: Austria, Belgium, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, the Netherlands, Portugal, Slovakia, Slovenia, and Spain.
Euro is the second largest reserve currency after the US Dollar. It is also the second most traded currency in the world.
Currently one EUR is valued at 1.17 in USD. Check out the most updated EUR to USD rates
9.Swiss Franc: CHF
The Swiss Franc is the currency of Switzerland and Liechtenstein. The most popular Switzerland Franc exchange rate is the EUR to CHF rate. Switzerland’s famously secretive banking sector made the national currency a safe haven for international capital. The country pegged the franc to the euro when it joined the currency union, opting for a dual system rather than choosing to abolish the franc.
Currently one CHD is valued at 1.09 in USD. Check out the most updated CHF to USD rates.
10.United States Dollar: USD
The US Dollar is the currency of the United States of America. The most popular United States Dollar exchange rate is the USD to EUR rate. Surprisingly at the bottom of the list even though it is the most traded currency in the world.
US Dollar is the largest reserve currency in the world. It is said that no currency will ever replace the US Dollar as the most traded currency. It is a global currency which is backed by the power of US in global political landscape.
The United States of America (USA) is considered as the most powerful nation in the world. Over the years, the strength of USD has increased massively.
The Euro or EUR is the official currency of the eurozone, which consists of 19 of the 28 member states of the European Union: Austria, Belgium, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, the Netherlands, Portugal, Slovakia, Slovenia, and Spain.
Euro is the second largest reserve currency after the US Dollar. It is also the second most traded currency in the world.
Currently one EUR is valued at 1.17 in USD. Check out the most updated EUR to USD rates
9.Swiss Franc: CHF
The Swiss Franc is the currency of Switzerland and Liechtenstein. The most popular Switzerland Franc exchange rate is the EUR to CHF rate. Switzerland’s famously secretive banking sector made the national currency a safe haven for international capital. The country pegged the franc to the euro when it joined the currency union, opting for a dual system rather than choosing to abolish the franc.
Currently one CHD is valued at 1.09 in USD. Check out the most updated CHF to USD rates.
10.United States Dollar: USD
The US Dollar is the currency of the United States of America. The most popular United States Dollar exchange rate is the USD to EUR rate. Surprisingly at the bottom of the list even though it is the most traded currency in the world.
US Dollar is the largest reserve currency in the world. It is said that no currency will ever replace the US Dollar as the most traded currency. It is a global currency which is backed by the power of US in global political landscape.
The United States of America (USA) is considered as the most powerful nation in the world. Over the years, the strength of USD has increased massively.
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