1. Kuwaiti Dinar ( 1 KWD= 3.54 USD)

In an area slightly smaller than
New Jersey, lies the home of the
world’s most valuable currency.
Kuwait has been involved in talks
this year with five other Gulf Arab
monarchies to form a single
currency. The Kuwait currency is
currently pegged to the dollar.

2. Bahrain Dinar ( 1BHD= 2.65 USD)

A small island nation,
approximately 3.5 times the size of
Washington DC, Bahrain is
geographically central in relation to
its Persian Gulf neighbors. Its
industry relies on petroleum
production and refining, as well as
financial services and construction.
With an exchange rate to the US
dollar at around $2.65 for one
Bahraini Dinar, it’s the third most
valuable currency in the world. It’s
also expected to be relatively
steady, as it was officially pegged
to the dollar in 2001.

3. Omani Rial (1 OMR = 2.60 USD)

Oman, officially called the
Sultanate of Oman, is an Arab state
in southwest Asia on the southeast
coast of the Arabian Peninsula. It
has a strategically important
position at the mouth of the
Persian Gulf., has had its currency
exchange rate pegged to the dollar
at a rate of 1 OMR = $2.60 US
since 1986. With that pegged
relationship holding firm, seems as
though the Rial’s fate remains tied
to the fate of the dollar.

Bitcoin Nko?

4. Latvian Lats ( 1 LVL= 1.97 USD)

One Lats is currently worth $1.97
US. The country, about the size of
West Virginia, has entered the
process to phase out the Lat in
favor of the Euro, which is expected
to be the official currency around
2012.

5. UK Pound Sterling (1 GBP= 1.64 USD)

It seems now more than ever, citizens of the UK are taking advantage of their
favorable exchange rate and coming
to the US, where for them
everything is half-off.

6. Jordanian Dinar ( 1 JOD =1.41 USD)

Jordan may lack water and crude oil
but the Mideast kingdom has one
thing going for it – a strong
currency. From 1927 to 1950, the
Palestine Currency Board issued
Palestine pound as the official
currency in both Palestine and the
Trans-Jordan Emirate, according to
Wikipedia. When Jordan became
independent in 1946, the country
wanted its own currency and
Jordanian dinar became the
kingdom’s official currency.

7. European Euro (1 EUR = 1.37 USD)

Officially introduced in 1999, the
multinational Euro didn’t begin
changing hands until January 2001.
After a rocky start, the Euro has
gained on the dollar for years. The
currency is the official currency of
eurozone that comprises of 17
countries. Some these include
Belgium, Finland, France, Germany,
Greece, Italy, Netherlands,
Portugal, and Spain. The currency
is the second largest reserve
currency as also the second most
traded in the world.

8. Azerbaijan Manat (1 Manat = 1.28 USD)

After gaining independence in
1991, Azerbaijan became a member
of the International Monetary Fund,
the World Bank, the European Bank
for Reconstruction and
Development, the Islamic
Development Bank and the Asian
Development Bank. The banking
system of Azerbaijan consists of the
Central Bank of Azerbaijan,
commercial banks and non-banking
credit organizations.

9. Cayman Islands Dollar ( 1 KYD = 1.22 USD)

With no direct taxation, the islands
thrive as an offshore financial
center, with hundreds of banks,
insurers and mutual funds. One
Cayman Islands Dollar equals $1.22
US. The earlier currency used in
Cayman Islands was Jamaican
dollar, which was replaced in 1972.
On the islands, the US dollar is
accepted as legal currency.

10. Switzerland franc (1 Franc = 1.12 USD)

Switzerland has a stable,
prosperous and high-tech economy.
In 2011, it was ranked as being the
wealthiest country in the world in
per capita terms (with 'wealth'
being defined to include both
financial and non-financial assets).
It has the world's nineteenth
largest economy by nominal GDP
and the thirty-sixth largest by
purchasing power parity. It is the
twentieth largest exporter, despite
its size. Switzerland has the
highest European rating in the
Index of Economic Freedom 2010,
while also providing large coverage
through public services.