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Checkout 10 Most Expensive Currencies In 2017 (hint:the U.S. Dollar Isn’t In 5) by erameh1: 1:44am On Mar 08, 2017
If you want to know what is the most expensive currency or highest valued currency in the world in 2017, then do not bother looking at the US dollar, the pound or the euro. Surprisingly, the most valuable currency in the world do not always belong to the richest economies.

The following list of currencies gives the US dollar a run for their money when it comes to the most expensive currency in the world. All exchange rates are 4 October here in 2016.

10. Australian Dollar (AUD)

One Australian dollar buys $ 0.76

The Australian dollar is a currency based on commodities and the Canadian dollar, but with exposure added to Japan and Far East trade. The years 2013, 2014 and 2015 were horrendous for the natural resources sector, and that meant big losses in the Australian dollar. The currency plunged significantly. But thanks to an increase in commodity prices in 2016, also won the last place on our list of the top ten most expensive pieces.

9. Singapore Dollar (SGD)

One dollar from Singapore US buy $ 0.73

After independence in 1965, Singapore’s currency, the Singapore dollar, came into being as a linked currency, first to the pound sterling and to the US dollar. However, the currency began floating years free-20 later, giving space to perform SGD. Its value has skyrocketed as Singapore has become an intellectual center of the East. Today, with the country showing a better than expected performance and remains elastic, the Singapore dollar gained strength and made ninth place on our list of the most expensive coins in 2017.



8. Bruneian Dollar (BND)

One dollar Bruneian buys $ 0.72

Brunei is a small nation found in Southeast Asia. Nestled between Malaysia and the South China Sea, this small country has an extremely high gross domestic product (GDP) per capita. Although the currency fell from its peak of US $ 0.83 five years ago, the Bruneian dollar still piles a big punch in world currency markets.

7. Libyan Dinar (LYD)

A Libyan dinar buy $ 0.72

During the Arab Spring, Libya descended into chaos. Its iron dictator Muammar Gaddafi was overthrown by a populist movement that failed to unify the country. However, Libya’s abundant supply of oil kept the nation’s currency in good condition. Even after the drop in crude oil prices, the Libyan dinar remains number seven on the list of the most expensive coins in 2017.



6. Swiss Franc (CHF)

One Swiss Franc Buy $ 1.02

The famous Swiss banking sector has its national currency a refuge for international capital. The country set the franc against the euro when it joined the monetary union, opting for a dual system instead of opting to abolish the franc. However, let the free float last year, which causes a strong appreciation of the CHF exchange rate to the US dollar. However, the Swiss franc remains a strong currency. It takes the sixth position on our list of the most expensive pieces in 2017.



5. Euro (EUR)

One euro buy $ 1.11



Despite their economic systems and terribly dysfunctional policy, Europe has always managed to keep the euro against the US dollar. It remains one of the most expensive currencies on the planet, which is tragic for all those who like to visit Rome or Paris. With the European Central Bank (ECB) to implement a negative interest rate policy and to be involved in quantitative easing measures, we expect the euro to fall on the list in 2017.

4. Pound sterling (GBP)

One pound to buy $ 1.27

Although falling significantly after the vote “Brexit”, the pound sterling is still relatively expensive for Americans. It seems that poaching Mark Carney (formerly the Bank of Canada’s lead) to run the Bank of England was a great idea for pound. Like the euro, would not shock us if sterling falling in the list of most expensive currencies during 2017.

3. Omani Rial (OMR)

An Omani rial buy US $ 2.59

The Middle East was an actor since oil prices fell in the summer of 2014. Frankly, the real problems began when oil prices were above $ 100.00 per barrel, giving US Extractors margins for Develop fully schist technology. The excess supply resulting decimated the crude oil market, but even so, the Omani rial is still outrageously expensive at US $ 2.59.

2. Bahraini dinar

A Bahraini dinar buy $ 2.65



The Bahrain dinar is certainly dynamic due to its ties with the oil market in Saudi Arabia and, but it has an additional factor in its chronicle: Bahrain is home to an American naval base that is crucial for American influence in the region. Its strategic importance gives the Kingdom of Bahrain an inordinate role in foreign affairs, which cemented the height of the face of its currency.



1. Kuwaiti Dinar (KWD)

A Kuwaiti dinar purchase US $ 3.31


Kuwaiti Dinar
The Kuwaiti dinar is another currency that benefits from crude oil, but its history is a clutter. The currency came online in 1961, worth 1: 13.33 against the Indian rupee, the following must be measured against a basket of other currencies. Kuwait briefly adopted the Iraqi dinar during the Gulf War, and later created the Kuwaiti dinar to the US dollar. However, it has been floating freely since 2007. In 2013, it has become the most expensive currency in the world and still stands there. To get other updated related post u can enter the link below.

Source: http://www.vicloaded.com/checkout-10-most-expensive-currencies-in-2017-hint-the-u-s-dollar-isnt-in-top-5/

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Re: Checkout 10 Most Expensive Currencies In 2017 (hint:the U.S. Dollar Isn’t In 5) by Taidi(m): 3:01am On Mar 08, 2017
interesting

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