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Top 12 Highest Currencies in the World | 2018 Up Date
Top 12 Highest Currencies in the World | 2018 Up Date

Top 12 Highest Currencies in the World | 2018 Up Date

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Top 12 Highest Currencies in the World | 2018 Up Date

 

 

Some one once ask me what is the highest currencies in the world? for example you were not
searching for the highest currencies in the world, if it happen the question was turn to you what
will be your answer well, thank God for internet.

I will be shearing to us top 12 highest currencies in the world 2018 up date. With this you will
know the highest currency and what country is having the highest currency in the word.

Do you know The United States dollar is not the strongest currency in the world, neither is it the
Euro or even the Pound. Which country has the highest currency in the world? Kuwaiti Dinar, quite
simple isn’t. But despite of its value, it doesn’t dominate the world’s currency markets. Without a
doubt American dollar is the most powerful monetary unit in the entire world. So you are probably
asking what is the strongest is the in the world or what is the highest currency in the world against
Indian Rupee, Dollars or your own Currency?

Top 12 Highest Currencies in the World | 2018 Up Date

LIST OF TOP 12 HIGHEST CURRENCY IN THE WORLD

№1. Kuwaiti Dinar

 

20 Kuwaiti Dinar

Country: Kuwait
Exchange Rate: 1 KWD = $3.31

This is the grand father for all lolz, it has been the The leader among all the other currencies
when it comes to value is the Kuwaiti dinar. The Kuwaiti Dinar (currency of Kuwait) is
unarguably the strongest currency in the world, it is worth $3.39 & 210.37 INR. Year
after year.

It is said that 1 in 17 people who live in Kuwait are millionaires Can you imagine that? Granted
the country is not that big, but it is still very impressive. Right now, one Kuwaiti Dinar (KWD)
goes for 1,200 NGN (and some change).

In 1990, during the invasion of Iraq, the Kuwaiti dinar was shortly replaced by the Iraqi dinar
as the legal currency and large amounts of banknote denominations were looted by the
forces of invading country. It was reinstated after the liberation and new banknote series
were introduced for the first time.

Top 12 Highest Currencies in the World | 2018 Up Date

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№2. Bahraini Dinar

Country: Baharain
Exchange Rate: 1 BHD = $2.65

Highest Currency In The World 2018, World Strongest Top 20

Bahraini Dinar

Top 12 Highest Currencies in the World | 2018 Up Date

The second in command when it comes to highest currencies in the world Bahraini dinar
used by the people of Bahrain. The kingdom of Bahrain is a small island country situated
between the Qatar peninsula and the north eastern coast of Saudi Arabia. The dinar was
introduced in 1965, replacing the Gulf rupee at a rate of 10 rupees = 1 dinar. In 1980, the
Bahrain’s government officially pegged dinar to IMF’s special drawing rights or SDRs.

Consequently, the Bahraini Dinar fits perfectly into the world’s monetary system as the
second most valuable currency in the world. Their currency value to a dollar is $2.65 and
Indian rupee is 168.10 INR. The reason why this island country’s currency is priced high
is due to the presence of oil in large quantity in the country.

After pegging, the currency was fixed at $1 USD = 0.376 BD or 1 BD = $2.65957 USD.
After Malta adopted Euro as its legal currency adopted the euro, the Dinar became the
second highest-valued currency unit.

№3. Omani Rial

omani rial

Country: Oman
Exchange Rate: 1 OMR = $2.60

 

the next in line is Omani Rial we have the national currency of Oman. an Arabic country located
also in the middle east, an affluent Arab nation which adopts Omani Rial as its legal tender.

Oman is one of the richest countries in the world due to the presence of oil reserves.
Omani Rial is considered the third most valuable currency in the world, Omani Rial has
outdone several other strong currencies –including dollar, yen, and euro –on the international
exchange floor. This currency is worth $2.60/164.67 INR, making it the third highest currency
in the world against Indian rupee and dollar 2018.

The Omani Rial was first introduced as nation’s legal currency in 1973, when it replaced the
rial Saidi (not Saudi riyal) after changes in regime. Rial is subdivided into 1000 baisa (lower
denomination). Between 1973 and 1986, the Omani rial was fixed (pegged) to the American

dollar at a rate of 1 rial = $2.895 USD. It changed in 1986, when it was updated to 1 rial =
$2.6008 USD.

Top 12 Highest Currencies in the World | 2018 Up Date

№4. Jordanian Dinar

Country: Jordan
Exchange Rate: 1 JOD = 1.41 USD

Jordanian dinar

As officially known, Jordanian Dinar is the basic monetary unit of Jordan and it is more valuable
than the US dollar. For easy recognition, the Jordanian Dinar is represented with the code JOD.

In view of Jordan’s geographical nearness to the European continent.
The Jordanian dinar is officially used by the country of Jordan and unofficially used by the
Palestinian territories of the West Bank. In 1950, it replaced the Palestine pound and has been
one of the most successful currencies ever since. OneJordanian Dinar (JOD) goes for 507.4 NGN
which is just a tad more expensive that the GIP.

Top 12 Highest Currencies in the World | 2018 Up Date

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№5.Pound Sterling

Country: United Kingdom
Exchange Rates: 1 GBP = $1.34

GBP

 

The Pounds sterling is the 5th highest currency in the world worth $1.36/INR 85.93. It is used in
countries such as Jersey, United Kingdom, South Georgia and the South Sandwich Islands, Isle
of Man, Guernsey, the British Antarctic Territory and also Tristan da Cunha.

Even though the pound has had its ups and downs over the years, especially after the WWII, it
has managed to bounce back,even stronger than ever. These days, it is among the top 10 most
expensive world currencies, and it is in high demand, too! According to the latest exchange rate
one British Pound (GBP) goes for 505 NGN.

№6. Cayman Islands Dollar

Country: Cayman Islands
Exchange Rate: 0.83 KYD = 1 USD

Caymanian dollar

 

This currency was introduced back in 1972. It has a direct relation to the exchange rate of the
USD, so when the American dollar’s value changes, the Cayman Islands dollar changes as well.

Ever since 1974, the Caymanian dollar has cost 1.2 US dollars.Currently, one Cayman Islands
Dollar (KYN)

Despite not being a well-known currency, Cayman Island Dollar commands great influence as
one of the most valuable global currencies. Meanwhile, Cayman Islands maintain its strong
currency as a result of vibrant and large-scale trade in cargo ships, passenger ships and
petroleum gas. As it stands, a single Cayman Island Dollar is equivalent to 1.20 US dollar and
76.06 INR in the international exchange market.

Top 12 Highest Currencies in the World | 2018 Up Date

№7. Euro

Country(s): Eurozone
Exchange Rate: 1 EUR = $1.18

Euro is used in a lot of European countries (19 out of 28 member countries of the European
Union use it). After the USD, it is 2nd most traded currency in the world. However, it does not
make it the most valuable. As of today, one Euro (EUR) goes for approximately 449 NGN.

This currency is worth $1.07/76.53 INR and the 5th most expensive currency of the world. Euro
is a powerful currency not only for its influence in world trade but also for being the currency
of numerous Eurozone countries which consists of 19 out of the 28 countries of Europe.

LIST OF COUNTRY THAT USE EURO

  • Belgium
  • Cyprus
  • Austria
  • Germany
  • France
  • Finland
  • Ireland
  • Finland
  • Estonia
  • Italy
  • Latvia
  • Greece
  • Lithuania
  • Malta
  • Netherland
  • Portugal
  • Slovakia
  • Slovenia
  • Spain
  • Portugal
  • and Luxembourg.

№8. Swiss Franc

Country: Switzerland and Liechtenstein
Exchange Rate: 1 CHF = $1.02

swiss franc

Swiss Franc is undoubtedly one of the strongest global currencies usually compared with the
US dollar and the widely-used European euro. Notably, Swiss Franc is the basic monetary unit
of Switzerland and in view of Switzerland’s stance as one of the best economies in the world
The country has been able to strengthen its currency.

In case you do not know, Swiss Franc is used by the countries of Switzerland and Liechtenstein.
You might often hear that some big businessmen have their money in the Swiss banks or in
offshore accounts. Well, this is the currency they usually keep their money in. These days, one
Swiss Franc (CHF)

In 2016, the Swiss franc accounted for 0.2 % of the total foreign exchange reserves (down by
0.1% from 2015).

Top 12 Highest Currencies in the World | 2018 Up Date

№9. U.S. Dollar

Country: The United States

one US dollar

Despite U.S. Dollar (USD) it having the highest demand among all the other world currencies, dollar
is not even in the top three among the highest currencies. Taking into account how volatile its
exchange rate is, it is not very surprising. As of right now, 1 U.S. Dollar (USD)
It is needless to say that the US dollar is the most powerful currency in the word. It is the most

traded currency and remained the largest reserve currency in the world even after the termination
of the Bretton Woods system. It is also one of the two most common De facto currencies which
is used by small countries of Aruba, Cambodia and Dominican Republic.
In view of America’s global influence and its advancement in technology, the US dollar remains

one of the most dominant currencies in the international market. In exchange rates, a single
US dollar is equivalent to the sums of 360.01 and 63.38 in Nigerian naira and Indian rupee
respectively.

№10. Australian Dollar

Country: Australia
Exchange Rate: 1 AUD = $0.77

Australian dollar

the Australian dollar became the 5th most traded currency in the world, after US dollar, Euro
Japanese yen and pound sterling and was responsible for 6.9% of world’s daily share.

Australia has succeeded in giving global influence to its currency as well as strengthening the
phase of its economy. In the foreign exchange market, 1 Australian dollar is equivalent to
0.79 US dollar and as regards further exchange rates, it is equal to the sums of 282.74 and
49.79 in Nigerian naira and Indian rupee respectively.

Top 12 Highest Currencies in the World | 2018 Up Date

№11.Country: Cananda

bank of montreal

Top 12 Highest Currencies in the World | 2018 Up Date

Exchange Rate: 1 CAD = 0.78 USD

 

№12.Singapore Dollar

Country: Singapore
Exchange Rate: 1 SGD = 0.74 USD

Top 12 Highest Currencies in the World | 2018 Up Date

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