Re: 25 Most Expensive World Currencies In 2019 by Monday60655(m): 12:01pm On Nov 23, 2019 |
Nigeria my quantiri. When I become president of this kwuantiri Nigeriiiya, #1 go be equal to $1 1 Like |
Re: 25 Most Expensive World Currencies In 2019 by Judybash93(m): 12:06pm On Nov 23, 2019 |
IgbosNIGHTMARE: IT WILL NEVER BE WELL WITH IBB. HE WOULD CONTINUE TO GRIN IN PAINS UNTIL HIS MISERABLE DEATH.
Only one shithole made the list (The zuluzulu xenophobic savages).
Mind you, forget the geographical bullsheet. Libya is not Africa...
I know right. I once asked a Libyan girl is she considers herself as African but she said she considers herself as Arab and that that's what most people in Libya will say if i were to ask them the same question... Nobody wants to associate with countries in sub-saharan Africa.. 2 Likes |
Re: 25 Most Expensive World Currencies In 2019 by WowSweetGuy(m): 12:13pm On Nov 23, 2019 |
na to go hustle for Kuwait 1 Like |
Re: 25 Most Expensive World Currencies In 2019 by mrkia(m): 12:17pm On Nov 23, 2019 |
70% of the Muslims nation 2 Likes 1 Share |
Re: 25 Most Expensive World Currencies In 2019 by SyrusdeHansome(m): 12:23pm On Nov 23, 2019 |
modelmike7:
Why u dey stammer?
Are you a stammerer
And why r u so pained?
Isn't he stating the obvious? |
Re: 25 Most Expensive World Currencies In 2019 by jinka(m): 12:25pm On Nov 23, 2019 |
Currencies that are not traded in the foreign exchange market (FOREX) are just recognized within their country.
USD GPB CAD CHF JPY AUD and few others that are traded on Forex are the recognized ones. |
Re: 25 Most Expensive World Currencies In 2019 by kentochi(m): 12:43pm On Nov 23, 2019 |
Our is no where to be found 1 Like 1 Share |
Re: 25 Most Expensive World Currencies In 2019 by Kelvin30286063(m): 12:51pm On Nov 23, 2019 |
paradigmshift:
wow that is nice mehnnn. man suppose confuse for many zeros lol.... how person fit they ship there too na... i need business idea boss. i greet u . It's relatively easy but the most difficult part is getting a buyer. A lot of clothing lines in Kuwait buy foreign materials but they are not easy to come back. My wife got connected to this very clothing line by a friend that traveled to Dubai then to Kuwait. The shipping is through FedEx and it sometimes cost about 200k to ship but the profit covers the shipping and a lot more. This particular deal cost 550k in total and she made 1.2m from it. So not bad. I'm not 100% certain cuz I don't keep tab on my wife's income that much but I got to know about this one cuz she ran into issues and needed me to help her fix it. 2 Likes |
Re: 25 Most Expensive World Currencies In 2019 by Kelvin30286063(m): 12:53pm On Nov 23, 2019 |
Hallenjay: connect me na pls,how's it done?
There is no way I can connect you. It's not even my business. It's relatively easy but the most difficult part is getting a buyer. A lot of clothing lines in Kuwait buy foreign materials but they are not easy to come back. My wife got connected to this very clothing line by a friend that traveled to Dubai then to Kuwait. The shipping is through FedEx and it sometimes cost about 200k to ship but the profit covers the shipping and a lot more. This particular deal cost 550k in total and she made 1.2m from it. So not bad. I'm not 100% certain cuz I don't keep tab on my wife's income that much but I got to know about this one cuz she ran into issues and needed me to help her fix it. |
Re: 25 Most Expensive World Currencies In 2019 by paradigmshift(m): 12:55pm On Nov 23, 2019 |
Kelvin30286063:
It's relatively easy but the most difficult part is getting a buyer. A lot of clothing lines in Kuwait buy foreign materials but they are not easy to come back. My wife got connected to this very clothing line by a friend that traveled to Dubai then to Kuwait. The shipping is through FedEx and it sometimes cost about 200k to ship but the profit covers the shipping and a lot more. This particular deal cost 550k in total and she made 1.2m from it. So not bad.
I'm not 100% certain cuz I don't keep tab on my wife's income that much but I got to know about this one cuz she ran into issues and needed me to help her fix it. Thanks for the explanation boss, I am grateful. The profit is massive and it covers everything else. I have a sister in Dubai and I don't know if she can look for a buyer, I would have loved to do it. Well, which thing do you ship to Kuwait? Just Ankara or something else ? Thanks boss |
Re: 25 Most Expensive World Currencies In 2019 by vicben27(m): 1:21pm On Nov 23, 2019 |
how l go enter that Kuwait ASP 1 Like |
Re: 25 Most Expensive World Currencies In 2019 by merits(m): 1:29pm On Nov 23, 2019 |
naijadrivablog: If you are asked in a gallop up poll that which currency is the most expensive in the world today, most people would say that the British pound is the highest currency; however, it is not.
This is why Naijadriva has compiled the list of the strongest world currencies (Dated November 22 2019). Please note that all exchange rates are official figures and not that of “black market”.
Is the high value of the currency a sign of a strong economy? Japan is one of the strongest economies in the world but the value of the Japanese yen is very small, $ 1 = ¥ 109.77.
The high value of the currency only says that inflation processes in the country are under control.
Also, due to the changing economic and political situation in the world, it is hard for some currencies to remain in this ranking.
These are the most expensive currencies:
1. Kuwaiti Dinar Currency code – KWD 1 KWD = 3.29 US Dollar (USD) 1 KWD = 2.55 Pounds Sterling (GBP) 1 KWD = 1,193. 65 Naira Kuwait is an oil rich country, having the sixth large oil reserves in the world. It shares borders with Iraq and Saudi Arabia . As of 2016, Kuwait has a population of 4.5 million people: 1.3 million are Kuwaitis and 3.2 million are expatriates. Expatriates account for 70% of the population.
2. Bahraini Dinar Currency code – BHD 1 BHD = 2.65 USD 1 BHD = 2.05 Pounds Sterling 1 BHD = 961.39 Naira The Bahrain Dinar is the second most valuable currency. Bahrain is a Persian Gulf island state with a population of just over 1 million people. As in the first case, this country’s largest source of income are the oil exports. Their exchange rate has remained stable since 2005.
3 – Omani Rial Currency code – OMR 1 OMR = 2.60 USD 1 OMR = 2.01 GBP 1 OMR = 941.55 Naira Oman is an oil rich small country on the Arabian Peninsula, just north of Saudi Arabia. Thanks to its strategic location, it possesses a developed economy and a high quality of life. It is remarkable that purchasing power of this currency is so high that the government had to issue 1/4 and 1/2 Rial banknotes.
4. Jordan Dinar Currency code – JOD 1 JOD = 1.41 USD 1 JOD = 1.09 GBP 1 JOD = 511.29 Naira Jordan is a country bounded on the west by Israel, and North by Lebanon. It is hard to explain the high value of Jordan Dinar. This country is not economically developed and it lacks essential resources, such as oil. Nevertheless, one Jordan Dinar costs 1.41 US Dollar, what makes it one of 10 the strongest world currencies.
5– British Pound Sterling Currency code – GBP 1 GBP = 1.26 USD 1GBP = 468.29 Naira Most people think that British Pound of the Great Britain (England, Scotland and Northern Ireland) is the strongest world currency, but it is only one of the top five of this list.
British Colonies issue their own banknotes, which visually differ from banknotes issued by the Bank of England, but they are valued as 1 per 1. Therefore, there are several such as: Scottish, North Ireland, Manx, Jersey, Guernsey, Gibraltar Pounds, as well as St. Elena Island Pound and Falkland Islands Pound.
Counter intuitively, Native Britons do not always want to accept Pounds as a means of payment. The Euro is also used and accepted in the UK pending when they leave Eurozone via Brexit.
6. Gilbratar Pounds Sterling Currency Code – GIP 1 GIP = 1.26 USD 1 GIP = 468.37 Naira Gilbrartar is a British Territory bounded in the north by Spain. It has about 32,000 inhabitants with lowest unemployment rate of 1%. When Celine Dion did a song with the lyrics, “I would build the walls of Gilbrartar for you…” we at Naijadriva thinks she is referring to the currency of Gibraltar because money is a defence, according to the Holy Bible and a wall is a sort of defence. Gibraltar’s economy is dominated by four main sectors: financial services, online gambling, shipping, and tourism, which includes duty-free retail sales to visitors.
7. Cayman Islands Dollar Currency code – KYD 1 KYD = 1.20 USD 1 KYD = 0.93 GBP 1KYD = 434.34 Naira Cayman Islands is one of the world’s best tax havens. These islands provided licences for hundreds of banks, hedge funds and insurance companies. No wonder corrupt politicians, the rich and criminals alike stash their loot in Cayman Islands and Panama.
8. European Euro Currency Code – EUR 1 EUR = 1.14 USD 1 EUR = 401.23 Naira Countries That Use the Euro The eurozone consists of 19 members (out of 28) who are EU members and use the euro. They are Austria, Belgium, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, the Netherlands, Portugal, Slovakia, Slovenia, and Spain. Partially, its strength is explained by the fact that it is the official world currency in European countries among which you will find several economically developed countries. Britain however wants to exit the Eurozone via Brexit.
In addition, Euro is the second reserve world currency enveloping 22.2% of all world savings (US Dollar has 62.3%).
9– Swiss Franc Currency code – CHF 1 CHF = 1.04 USD 1 CHF = 0.78 GBP 1 CHF = 365.01 Switzerland is not only one of the richest countries in the world, but it is also one of the most stable. Its banking system had long been known for its formerly resolute bank secrecy. Besides, its high-tech goods are very well known all around the globe, like watches and so on.
10 – US Dollar Currency code – USD 1 USD = 1.00 USD 1 USD = 0.77 GBP 1 USD = 362.50 Naira Owing to USA world economic leadership, its currency achieved such a title as World Reserve Currency. In other words, you can make dollar payments everywhere in the world.
11. Canadian dollar Currency code – CAD 1 CAD = 0.75 USD 1 CAD = 0.58 GBP 1 CAD = 272.87 Naira The Canadian Dollar is the fifth largest reserve world currency. Canadian dollar is often called the “loonie” in honor of the bird depicted on the coin worth 1 dollar.
12. Australian dollar Currency code – AUD 1 AUD = 0.73 USD 1 AUD = 0.53 GBP 1 AUD = 246.03 Naira Australia is a country as well as a continent. The new series of Australia banknotes have a tactile feature (Braille) to help the visually impaired community to tell the value of the banknote. Also in Australia, the fight against cash is conducted by reducing the share of cash payments when making small retail purchases.
13. Bruneian Dollar Currency Code – BND 1 BND – 0.73 USD 1 BND – 0.57 GBP 1 BND – 265.80 Naira Brunei is a country ruled by the Sultan of Brunei. Just like Saudi Arabia, they are a Muslim country that is rich in Oil. The Sultan of Brunei commands immense wealth and one of his sons is a friend to American Singer Usher Raymond and at a time Bought him gifts worth millions of US dollars.
14. Singaporean Dollar Currency Code – SGD 1 SGD = 0.73 USD 1 SGD = 0.57 GBP 1 SGD = 265.80 Singapore is a city-state in Asia. One of the Asian Tigers, it is the only country in Asia with an AAA sovereign rating from all major rating agencies, and one of 11 worldwide. Singapore is a highly developed country and is ranked 9th on the UN Human Development Index, the highest in Asia for a sovereign state , with the 7th highest GDP per capita in the world. It was ranked the most expensive city to live in from 2013 to 2019 by the Economist . It is identified as a tax haven. Singapore is placed highly in key social indicators: education , healthcare , quality of life, personal safety and housing, with a home-ownership rate of 90%.
15. Libyan Dinar Currency code – LYD 1 LYD = 0.72 USD 1 LYD = 0.55 GBP 1 LYD = 258.01 NGN The Libyan Dinar has token money called Dirham. It is interesting that one Dinar is equal to 1,000 Dirham, and not 100, as we all used to think. Their population is about 6.6million (2008 est.) and crude oil export accounts for 95% of their economy.
16. New Zealand Dollar Currency Code – NZD 1 NZD =0.64 USD 1 NZD = 0.50 GBP 1 NZD = 231.86 Naira New Zealand is a country in the Pacific ocean. It is dependent on international trade which accounts for 24%. Tourism contributes $12.9 billion (or 5.6%) to New Zealand’s total GDP and supporting 7.5% of the total workforce in 2016. International visitor arrivals are expected to increase at a rate of 5.4% annually up to 2022.
17. Azerbaijani manat Currency code – AZN 1 AZN = 0.59 USD 1 AZN = 0.46 GBP 1 AZN = 213.24 Naira You would be surprised to see Azerbaijani manat in this list. However, the currency of this Central Asian country is a little bit weaker than US Dollar. The economy of this country is surprisingly strong, and its unemployment rate is low.
18. Bosnian – Herzegovina Convertible Marks Currency Code - BAM 1 BAM -0.57 USD 1 BAM – 0.44 GBP 1 BAM – 205.05 Naira Bosnian Convertible Marka is the currency of Bosnia and Herzegovina an European country.
19. Arubian Florin Currency Code – AWG 1 AWG = 0.56 USD 1 AWG = 0.43 GBP 1 AWG = 201.40 Naira Aruba is a small Dutch (Netherlands) Colony. The Dutch Guilder or Arubian Florian is their official currency.
20. Fijian Dollar Currency Code – FJD 1 FJD = 0.46 USD 1 FJD = 0.35 GBP 1 FJD = 165.51 Naira Fiji, a country in the South Pacific, is an archipelago of more than 300 islands, but not all are inhabited. It is famed for rugged landscapes, palm-lined beaches and coral reefs with clear lagoons.
Endowed with forest, mineral, and fish resources, Fiji is one of the most developed of the Pacific island economies, though still with a large subsistence sector . Tourism is also contributes significantly to their economy too.
21. Chinese Yuan Renminbi Currency Code – CNY 1 CNY – 0.14 USD 1 CNY – 0.11 GBP 1 CNY = 51.52 Naira
China is the most populous country in the world, with about 1.4 billion inhabitants (2018 est) occupying the 4th largest nation by landmass. According to official data, China’s GDP in 2018 was 90 trillion Yuan ($13.28 trillion). Since 2010, China has been the world’s second-largest economy by nominal GDP and since 2014, the largest economy in the world by purchasing power parity (PPP). China is also the world’s largest exporter and second-largest importer of goods.
22. Danish Krone Currency Code – DRK 1 DRK = 0.15 USD 1 DRK = 0.11 GBP 1 DRK = 53.69 Naira Denmark is one of the Scandinavian countries (Denmark, Sweden and Norway, Finland, Iceland with archipelagos).Denmark is considered to be one of the most economically and socially developed countries in the world. Danes enjoy a high standard of living. prosperity, and human development. The country ranks as having the world’s highest social mobility , a high level of income equality, has the lowest perceived level of corruption in the world , the eleventh-most developed in the world , has one of the world’s highest per capita incomes , and one of the world’s highest personal income tax rates.
According to the International Monetary Fund, Denmark has the world’s highest minimum wage, more than double of that of USA.
23. Malaysian Ringgit Currency Code – MYR 1 MYR = 0.24 USD 1 MYR = 0.19 GBP 1 MYR = 53.69 Naira Malaysia is an Asian Country with a palm oil based economy. The palm oil seeding they used to launch their economy was gotten from Nigeria many years ago. It is noteworthy to note that a barrel of palm oil is more expensive that a barrel of crude oil (Nigeria’s major income).
24. South African Rand Currency Code – ZAR 1 ZAR = 0.053 USD 1 ZAR = 0.068 GBP 1 ZAR = 24.70 Naira
Its economy is the second-largest in Africa, after Nigeria and the 33rd-largest in the world . In terms of purchasing power parity , South Africa has the seventh-highest per capita income in Africa. However, poverty and inequality, and corruption remain widespread, with about a quarter of the population unemployed and living on less than US$1.25 a day. Agriculture, manufacturing, tourism are some of their revenue generating sectors.
25. Swedish Krona Currency Code – 1 SEK = 0.10 USD 1 SEK= 0.081 GBP 1 SEK = 37.70 Naira Sweden is also one of the Scandinavian countries. It has a population of 10.3million Sweden’s engineering sector accounts for 50% of output and exports, while telecommunications, the automotive industry and the pharmaceutical industries are also of great importance. Sweden is the ninth-largest arms exporter in the world . Agriculture accounts for 2% of GDP and employment. The country ranks among the highest for telephone and Internet access penetration.
Sweden is home to Volvo Cars and heavy equipment.
Please note that Naijadriva learnt that it is not allowed to use banknotes without the “SPECIMEN” title.
Source: https://naijadriva./2019/11/22/top-25-most-expensive-world-currencies-in-2019/ Thank God naira is there too,is only that is invisible for now. 1 Like |
Re: 25 Most Expensive World Currencies In 2019 by FlyingTOMATOE: 1:32pm On Nov 23, 2019 |
naijadrivablog: If you are asked in a gallop up poll that which currency is the most expensive in the world today, most people would say that the British pound is the highest currency; however, it is not.
This is why Naijadriva has compiled the list of the strongest world currencies (Dated November 22 2019). Please note that all exchange rates are official figures and not that of “black market”.
Is the high value of the currency a sign of a strong economy? Japan is one of the strongest economies in the world but the value of the Japanese yen is very small, $ 1 = ¥ 109.77.
The high value of the currency only says that inflation processes in the country are under control.
Also, due to the changing economic and political situation in the world, it is hard for some currencies to remain in this ranking.
These are the most expensive currencies:
1. Kuwaiti Dinar Currency code – KWD 1 KWD = 3.29 US Dollar (USD) 1 KWD = 2.55 Pounds Sterling (GBP) 1 KWD = 1,193. 65 Naira Kuwait is an oil rich country, having the sixth large oil reserves in the world. It shares borders with Iraq and Saudi Arabia . As of 2016, Kuwait has a population of 4.5 million people: 1.3 million are Kuwaitis and 3.2 million are expatriates. Expatriates account for 70% of the population.
2. Bahraini Dinar Currency code – BHD 1 BHD = 2.65 USD 1 BHD = 2.05 Pounds Sterling 1 BHD = 961.39 Naira The Bahrain Dinar is the second most valuable currency. Bahrain is a Persian Gulf island state with a population of just over 1 million people. As in the first case, this country’s largest source of income are the oil exports. Their exchange rate has remained stable since 2005.
3 – Omani Rial Currency code – OMR 1 OMR = 2.60 USD 1 OMR = 2.01 GBP 1 OMR = 941.55 Naira Oman is an oil rich small country on the Arabian Peninsula, just north of Saudi Arabia. Thanks to its strategic location, it possesses a developed economy and a high quality of life. It is remarkable that purchasing power of this currency is so high that the government had to issue 1/4 and 1/2 Rial banknotes.
4. Jordan Dinar Currency code – JOD 1 JOD = 1.41 USD 1 JOD = 1.09 GBP 1 JOD = 511.29 Naira Jordan is a country bounded on the west by Israel, and North by Lebanon. It is hard to explain the high value of Jordan Dinar. This country is not economically developed and it lacks essential resources, such as oil. Nevertheless, one Jordan Dinar costs 1.41 US Dollar, what makes it one of 10 the strongest world currencies.
5– British Pound Sterling Currency code – GBP 1 GBP = 1.26 USD 1GBP = 468.29 Naira Most people think that British Pound of the Great Britain (England, Scotland and Northern Ireland) is the strongest world currency, but it is only one of the top five of this list.
British Colonies issue their own banknotes, which visually differ from banknotes issued by the Bank of England, but they are valued as 1 per 1. Therefore, there are several such as: Scottish, North Ireland, Manx, Jersey, Guernsey, Gibraltar Pounds, as well as St. Elena Island Pound and Falkland Islands Pound.
Counter intuitively, Native Britons do not always want to accept Pounds as a means of payment. The Euro is also used and accepted in the UK pending when they leave Eurozone via Brexit.
6. Gilbratar Pounds Sterling Currency Code – GIP 1 GIP = 1.26 USD 1 GIP = 468.37 Naira Gilbrartar is a British Territory bounded in the north by Spain. It has about 32,000 inhabitants with lowest unemployment rate of 1%. When Celine Dion did a song with the lyrics, “I would build the walls of Gilbrartar for you…” we at Naijadriva thinks she is referring to the currency of Gibraltar because money is a defence, according to the Holy Bible and a wall is a sort of defence. Gibraltar’s economy is dominated by four main sectors: financial services, online gambling, shipping, and tourism, which includes duty-free retail sales to visitors.
7. Cayman Islands Dollar Currency code – KYD 1 KYD = 1.20 USD 1 KYD = 0.93 GBP 1KYD = 434.34 Naira Cayman Islands is one of the world’s best tax havens. These islands provided licences for hundreds of banks, hedge funds and insurance companies. No wonder corrupt politicians, the rich and criminals alike stash their loot in Cayman Islands and Panama.
8. European Euro Currency Code – EUR 1 EUR = 1.14 USD 1 EUR = 401.23 Naira Countries That Use the Euro The eurozone consists of 19 members (out of 28) who are EU members and use the euro. They are Austria, Belgium, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, the Netherlands, Portugal, Slovakia, Slovenia, and Spain. Partially, its strength is explained by the fact that it is the official world currency in European countries among which you will find several economically developed countries. Britain however wants to exit the Eurozone via Brexit.
In addition, Euro is the second reserve world currency enveloping 22.2% of all world savings (US Dollar has 62.3%).
9– Swiss Franc Currency code – CHF 1 CHF = 1.04 USD 1 CHF = 0.78 GBP 1 CHF = 365.01 Switzerland is not only one of the richest countries in the world, but it is also one of the most stable. Its banking system had long been known for its formerly resolute bank secrecy. Besides, its high-tech goods are very well known all around the globe, like watches and so on.
10 – US Dollar Currency code – USD 1 USD = 1.00 USD 1 USD = 0.77 GBP 1 USD = 362.50 Naira Owing to USA world economic leadership, its currency achieved such a title as World Reserve Currency. In other words, you can make dollar payments everywhere in the world.
11. Canadian dollar Currency code – CAD 1 CAD = 0.75 USD 1 CAD = 0.58 GBP 1 CAD = 272.87 Naira The Canadian Dollar is the fifth largest reserve world currency. Canadian dollar is often called the “loonie” in honor of the bird depicted on the coin worth 1 dollar.
12. Australian dollar Currency code – AUD 1 AUD = 0.73 USD 1 AUD = 0.53 GBP 1 AUD = 246.03 Naira Australia is a country as well as a continent. The new series of Australia banknotes have a tactile feature (Braille) to help the visually impaired community to tell the value of the banknote. Also in Australia, the fight against cash is conducted by reducing the share of cash payments when making small retail purchases.
13. Bruneian Dollar Currency Code – BND 1 BND – 0.73 USD 1 BND – 0.57 GBP 1 BND – 265.80 Naira Brunei is a country ruled by the Sultan of Brunei. Just like Saudi Arabia, they are a Muslim country that is rich in Oil. The Sultan of Brunei commands immense wealth and one of his sons is a friend to American Singer Usher Raymond and at a time Bought him gifts worth millions of US dollars.
14. Singaporean Dollar Currency Code – SGD 1 SGD = 0.73 USD 1 SGD = 0.57 GBP 1 SGD = 265.80 Singapore is a city-state in Asia. One of the Asian Tigers, it is the only country in Asia with an AAA sovereign rating from all major rating agencies, and one of 11 worldwide. Singapore is a highly developed country and is ranked 9th on the UN Human Development Index, the highest in Asia for a sovereign state , with the 7th highest GDP per capita in the world. It was ranked the most expensive city to live in from 2013 to 2019 by the Economist . It is identified as a tax haven. Singapore is placed highly in key social indicators: education , healthcare , quality of life, personal safety and housing, with a home-ownership rate of 90%.
15. Libyan Dinar Currency code – LYD 1 LYD = 0.72 USD 1 LYD = 0.55 GBP 1 LYD = 258.01 NGN The Libyan Dinar has token money called Dirham. It is interesting that one Dinar is equal to 1,000 Dirham, and not 100, as we all used to think. Their population is about 6.6million (2008 est.) and crude oil export accounts for 95% of their economy.
16. New Zealand Dollar Currency Code – NZD 1 NZD =0.64 USD 1 NZD = 0.50 GBP 1 NZD = 231.86 Naira New Zealand is a country in the Pacific ocean. It is dependent on international trade which accounts for 24%. Tourism contributes $12.9 billion (or 5.6%) to New Zealand’s total GDP and supporting 7.5% of the total workforce in 2016. International visitor arrivals are expected to increase at a rate of 5.4% annually up to 2022.
17. Azerbaijani manat Currency code – AZN 1 AZN = 0.59 USD 1 AZN = 0.46 GBP 1 AZN = 213.24 Naira You would be surprised to see Azerbaijani manat in this list. However, the currency of this Central Asian country is a little bit weaker than US Dollar. The economy of this country is surprisingly strong, and its unemployment rate is low.
18. Bosnian – Herzegovina Convertible Marks Currency Code - BAM 1 BAM -0.57 USD 1 BAM – 0.44 GBP 1 BAM – 205.05 Naira Bosnian Convertible Marka is the currency of Bosnia and Herzegovina an European country.
19. Arubian Florin Currency Code – AWG 1 AWG = 0.56 USD 1 AWG = 0.43 GBP 1 AWG = 201.40 Naira Aruba is a small Dutch (Netherlands) Colony. The Dutch Guilder or Arubian Florian is their official currency.
20. Fijian Dollar Currency Code – FJD 1 FJD = 0.46 USD 1 FJD = 0.35 GBP 1 FJD = 165.51 Naira Fiji, a country in the South Pacific, is an archipelago of more than 300 islands, but not all are inhabited. It is famed for rugged landscapes, palm-lined beaches and coral reefs with clear lagoons.
Endowed with forest, mineral, and fish resources, Fiji is one of the most developed of the Pacific island economies, though still with a large subsistence sector . Tourism is also contributes significantly to their economy too.
21. Chinese Yuan Renminbi Currency Code – CNY 1 CNY – 0.14 USD 1 CNY – 0.11 GBP 1 CNY = 51.52 Naira
China is the most populous country in the world, with about 1.4 billion inhabitants (2018 est) occupying the 4th largest nation by landmass. According to official data, China’s GDP in 2018 was 90 trillion Yuan ($13.28 trillion). Since 2010, China has been the world’s second-largest economy by nominal GDP and since 2014, the largest economy in the world by purchasing power parity (PPP). China is also the world’s largest exporter and second-largest importer of goods.
22. Danish Krone Currency Code – DRK 1 DRK = 0.15 USD 1 DRK = 0.11 GBP 1 DRK = 53.69 Naira Denmark is one of the Scandinavian countries (Denmark, Sweden and Norway, Finland, Iceland with archipelagos).Denmark is considered to be one of the most economically and socially developed countries in the world. Danes enjoy a high standard of living. prosperity, and human development. The country ranks as having the world’s highest social mobility , a high level of income equality, has the lowest perceived level of corruption in the world , the eleventh-most developed in the world , has one of the world’s highest per capita incomes , and one of the world’s highest personal income tax rates.
According to the International Monetary Fund, Denmark has the world’s highest minimum wage, more than double of that of USA.
23. Malaysian Ringgit Currency Code – MYR 1 MYR = 0.24 USD 1 MYR = 0.19 GBP 1 MYR = 53.69 Naira Malaysia is an Asian Country with a palm oil based economy. The palm oil seeding they used to launch their economy was gotten from Nigeria many years ago. It is noteworthy to note that a barrel of palm oil is more expensive that a barrel of crude oil (Nigeria’s major income).
24. South African Rand Currency Code – ZAR 1 ZAR = 0.053 USD 1 ZAR = 0.068 GBP 1 ZAR = 24.70 Naira
Its economy is the second-largest in Africa, after Nigeria and the 33rd-largest in the world . In terms of purchasing power parity , South Africa has the seventh-highest per capita income in Africa. However, poverty and inequality, and corruption remain widespread, with about a quarter of the population unemployed and living on less than US$1.25 a day. Agriculture, manufacturing, tourism are some of their revenue generating sectors.
25. Swedish Krona Currency Code – 1 SEK = 0.10 USD 1 SEK= 0.081 GBP 1 SEK = 37.70 Naira Sweden is also one of the Scandinavian countries. It has a population of 10.3million Sweden’s engineering sector accounts for 50% of output and exports, while telecommunications, the automotive industry and the pharmaceutical industries are also of great importance. Sweden is the ninth-largest arms exporter in the world . Agriculture accounts for 2% of GDP and employment. The country ranks among the highest for telephone and Internet access penetration.
Sweden is home to Volvo Cars and heavy equipment.
Please note that Naijadriva learnt that it is not allowed to use banknotes without the “SPECIMEN” title.
Source: https://naijadriva./2019/11/22/top-25-most-expensive-world-currencies-in-2019/ Bahraini Dinar wow |
Re: 25 Most Expensive World Currencies In 2019 by themaestro08(m): 1:39pm On Nov 23, 2019 |
So the Yuan renmimbi is more valuable than the AED?
I doubt the accuracy of this list. 1 Like |
Re: 25 Most Expensive World Currencies In 2019 by UDOKABESTLUV(m): 1:48pm On Nov 23, 2019 |
I Don hammer with this update |
Re: 25 Most Expensive World Currencies In 2019 by Kelvin30286063(m): 2:04pm On Nov 23, 2019 |
paradigmshift:
Thanks for the explanation boss, I am grateful. The profit is massive and it covers everything else. I have a sister in Dubai and I don't know if she can look for a buyer, I would have loved to do it. Well, which thing do you ship to Kuwait? Just Ankara or something else ? Thanks boss All African wears. Not just Ankara. Even beads sometimes. She buys some from Ghana too. |
Re: 25 Most Expensive World Currencies In 2019 by skallion7(m): 2:20pm On Nov 23, 2019 |
ClilT: One Ghana cedi = 64naira
IT's actually 1000cedis, 4 zeros were removed from Ghana cedis to make it look good |
Re: 25 Most Expensive World Currencies In 2019 by paradigmshift(m): 2:22pm On Nov 23, 2019 |
Kelvin30286063:
All African wears. Not just Ankara. Even beads sometimes. She buys some from Ghana too. Wow, that's nice.. I am currently in Ghana. The problem now is how to get a buyer.... Thanks for the info boss. |
Re: 25 Most Expensive World Currencies In 2019 by josh0200(m): 2:49pm On Nov 23, 2019 |
Nice compilation,however i think UAE should have come before china |
Re: 25 Most Expensive World Currencies In 2019 by Kelvin30286063(m): 3:25pm On Nov 23, 2019 |
paradigmshift:
Wow, that's nice.. I am currently in Ghana. The problem now is how to get a buyer.... Thanks for the info boss. Getting buyers is not easy bro. Though, there is this Facebook sales group for people in Kuwait. You can search for it and see if you can speak to some of them. |
Re: 25 Most Expensive World Currencies In 2019 by paradigmshift(m): 4:06pm On Nov 23, 2019 |
Kelvin30286063:
Getting buyers is not easy bro. Though, there is this Facebook sales group for people in Kuwait. You can search for it and see if you can speak to some of them. Okay boss, I will do that. thanks king |
Re: 25 Most Expensive World Currencies In 2019 by Kellie069(m): 4:44pm On Nov 23, 2019 |
Okay. But OP, where UAE currency come de? I don't understand this post Gan Gan. OMAN RIAL de, but to dhirahams |
Re: 25 Most Expensive World Currencies In 2019 by Nobody: 5:01pm On Nov 23, 2019 |
oz4real83: Sometimes it is a matter of choice. The japanese yen would have been even stronger than the strongest currency on the list if they wanted it so. Their economy is strong enough for that. Can you explain why yen is so low me I don't even understand those people self. no the list is incomplete the Brazilian Reias isn't even there. |
Re: 25 Most Expensive World Currencies In 2019 by Nobody: 5:03pm On Nov 23, 2019 |
vicben27: how l go enter that Kuwait ASP Don't deceive yourself with high currency. Japan's currency is low but they are one of the richest countries in the world. And the cost of living may be high there so don't just stand up in your living room and say I am going to Kuwait. 1 Like |
Re: 25 Most Expensive World Currencies In 2019 by KenModi(m): 5:16pm On Nov 23, 2019 |
CanadaOrBust:
But he is right. Try buying from China with any of those currencies But if any of those other countries offer you citizenship, you would gladly accept it and disappear from Nigeria. You won’t reject it saying “its not U.K, U.S or a Euro currency country. You would even wish to carry your family members as well. Smh! 1 Like |
Re: 25 Most Expensive World Currencies In 2019 by Wettoid123: 5:24pm On Nov 23, 2019 |
let me hear word all lies,,i was having kuwait currency i was unable to change it tell me which black market go change kuwait money hausa black market only know dollar and pounds,just like gold and diamond other currency are fake,,pls stop this trash and give me euro,dollar and pounds. |
Re: 25 Most Expensive World Currencies In 2019 by KenModi(m): 5:26pm On Nov 23, 2019 |
BabaIbo:
Are you OK?
Can't you see the joke in my comment, the other guy that quoted me understands this and that's the reason for his reasonable quote. Even though what I said was the reality/case but I was just making fun. Be wise please.
Funny thing is in reality I'm more knowledgeable than you on this issue, I know of this currencies and their value before now but this is social media fools think they are the wisest. Mind you there are countries that can make their currency more valuable than that but they rather devalue it or leave it at that because of economic reasons(growth). Now get out of my mention/quote Nothing funny about you comment! I didn’t even crack a smile The fact that you started bragging about being knowledgeable shows that you not only lack knowledge but you are also arrogant and pompous; and annoyingly showing off what you don’t have. Well like you said, this is social media, fools like you think they are wisest. Now fvcck off with you low IQ and unexposed brain! |
Re: 25 Most Expensive World Currencies In 2019 by MrCEO69(m): 5:32pm On Nov 23, 2019 |
naijadrivablog: If you are asked in a gallop up poll that which currency is the most expensive in the world today, most people would say that the British pound is the highest currency; however, it is not.
This is why Naijadriva has compiled the list of the strongest world currencies (Dated November 22 2019). Please note that all exchange rates are official figures and not that of “black market”.
Is the high value of the currency a sign of a strong economy? Japan is one of the strongest economies in the world but the value of the Japanese yen is very small, $ 1 = ¥ 109.77.
The high value of the currency only says that inflation processes in the country are under control.
Also, due to the changing economic and political situation in the world, it is hard for some currencies to remain in this ranking.
These are the most expensive currencies:
1. Kuwaiti Dinar Currency code – KWD 1 KWD = 3.29 US Dollar (USD) 1 KWD = 2.55 Pounds Sterling (GBP) 1 KWD = 1,193. 65 Naira Kuwait is an oil rich country, having the sixth large oil reserves in the world. It shares borders with Iraq and Saudi Arabia . As of 2016, Kuwait has a population of 4.5 million people: 1.3 million are Kuwaitis and 3.2 million are expatriates. Expatriates account for 70% of the population.
2. Bahraini Dinar Currency code – BHD 1 BHD = 2.65 USD 1 BHD = 2.05 Pounds Sterling 1 BHD = 961.39 Naira The Bahrain Dinar is the second most valuable currency. Bahrain is a Persian Gulf island state with a population of just over 1 million people. As in the first case, this country’s largest source of income are the oil exports. Their exchange rate has remained stable since 2005.
3 – Omani Rial Currency code – OMR 1 OMR = 2.60 USD 1 OMR = 2.01 GBP 1 OMR = 941.55 Naira Oman is an oil rich small country on the Arabian Peninsula, just north of Saudi Arabia. Thanks to its strategic location, it possesses a developed economy and a high quality of life. It is remarkable that purchasing power of this currency is so high that the government had to issue 1/4 and 1/2 Rial banknotes.
4. Jordan Dinar Currency code – JOD 1 JOD = 1.41 USD 1 JOD = 1.09 GBP 1 JOD = 511.29 Naira Jordan is a country bounded on the west by Israel, and North by Lebanon. It is hard to explain the high value of Jordan Dinar. This country is not economically developed and it lacks essential resources, such as oil. Nevertheless, one Jordan Dinar costs 1.41 US Dollar, what makes it one of 10 the strongest world currencies.
5– British Pound Sterling Currency code – GBP 1 GBP = 1.26 USD 1GBP = 468.29 Naira Most people think that British Pound of the Great Britain (England, Scotland and Northern Ireland) is the strongest world currency, but it is only one of the top five of this list.
British Colonies issue their own banknotes, which visually differ from banknotes issued by the Bank of England, but they are valued as 1 per 1. Therefore, there are several such as: Scottish, North Ireland, Manx, Jersey, Guernsey, Gibraltar Pounds, as well as St. Elena Island Pound and Falkland Islands Pound.
Counter intuitively, Native Britons do not always want to accept Pounds as a means of payment. The Euro is also used and accepted in the UK pending when they leave Eurozone via Brexit.
6. Gilbratar Pounds Sterling Currency Code – GIP 1 GIP = 1.26 USD 1 GIP = 468.37 Naira Gilbrartar is a British Territory bounded in the north by Spain. It has about 32,000 inhabitants with lowest unemployment rate of 1%. When Celine Dion did a song with the lyrics, “I would build the walls of Gilbrartar for you…” we at Naijadriva thinks she is referring to the currency of Gibraltar because money is a defence, according to the Holy Bible and a wall is a sort of defence. Gibraltar’s economy is dominated by four main sectors: financial services, online gambling, shipping, and tourism, which includes duty-free retail sales to visitors.
7. Cayman Islands Dollar Currency code – KYD 1 KYD = 1.20 USD 1 KYD = 0.93 GBP 1KYD = 434.34 Naira Cayman Islands is one of the world’s best tax havens. These islands provided licences for hundreds of banks, hedge funds and insurance companies. No wonder corrupt politicians, the rich and criminals alike stash their loot in Cayman Islands and Panama.
8. European Euro Currency Code – EUR 1 EUR = 1.14 USD 1 EUR = 401.23 Naira Countries That Use the Euro The eurozone consists of 19 members (out of 28) who are EU members and use the euro. They are Austria, Belgium, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, the Netherlands, Portugal, Slovakia, Slovenia, and Spain. Partially, its strength is explained by the fact that it is the official world currency in European countries among which you will find several economically developed countries. Britain however wants to exit the Eurozone via Brexit.
In addition, Euro is the second reserve world currency enveloping 22.2% of all world savings (US Dollar has 62.3%).
9– Swiss Franc Currency code – CHF 1 CHF = 1.04 USD 1 CHF = 0.78 GBP 1 CHF = 365.01 Switzerland is not only one of the richest countries in the world, but it is also one of the most stable. Its banking system had long been known for its formerly resolute bank secrecy. Besides, its high-tech goods are very well known all around the globe, like watches and so on.
10 – US Dollar Currency code – USD 1 USD = 1.00 USD 1 USD = 0.77 GBP 1 USD = 362.50 Naira Owing to USA world economic leadership, its currency achieved such a title as World Reserve Currency. In other words, you can make dollar payments everywhere in the world.
11. Canadian dollar Currency code – CAD 1 CAD = 0.75 USD 1 CAD = 0.58 GBP 1 CAD = 272.87 Naira The Canadian Dollar is the fifth largest reserve world currency. Canadian dollar is often called the “loonie” in honor of the bird depicted on the coin worth 1 dollar.
12. Australian dollar Currency code – AUD 1 AUD = 0.73 USD 1 AUD = 0.53 GBP 1 AUD = 246.03 Naira Australia is a country as well as a continent. The new series of Australia banknotes have a tactile feature (Braille) to help the visually impaired community to tell the value of the banknote. Also in Australia, the fight against cash is conducted by reducing the share of cash payments when making small retail purchases.
13. Bruneian Dollar Currency Code – BND 1 BND – 0.73 USD 1 BND – 0.57 GBP 1 BND – 265.80 Naira Brunei is a country ruled by the Sultan of Brunei. Just like Saudi Arabia, they are a Muslim country that is rich in Oil. The Sultan of Brunei commands immense wealth and one of his sons is a friend to American Singer Usher Raymond and at a time Bought him gifts worth millions of US dollars.
14. Singaporean Dollar Currency Code – SGD 1 SGD = 0.73 USD 1 SGD = 0.57 GBP 1 SGD = 265.80 Singapore is a city-state in Asia. One of the Asian Tigers, it is the only country in Asia with an AAA sovereign rating from all major rating agencies, and one of 11 worldwide. Singapore is a highly developed country and is ranked 9th on the UN Human Development Index, the highest in Asia for a sovereign state , with the 7th highest GDP per capita in the world. It was ranked the most expensive city to live in from 2013 to 2019 by the Economist . It is identified as a tax haven. Singapore is placed highly in key social indicators: education , healthcare , quality of life, personal safety and housing, with a home-ownership rate of 90%.
15. Libyan Dinar Currency code – LYD 1 LYD = 0.72 USD 1 LYD = 0.55 GBP 1 LYD = 258.01 NGN The Libyan Dinar has token money called Dirham. It is interesting that one Dinar is equal to 1,000 Dirham, and not 100, as we all used to think. Their population is about 6.6million (2008 est.) and crude oil export accounts for 95% of their economy.
16. New Zealand Dollar Currency Code – NZD 1 NZD =0.64 USD 1 NZD = 0.50 GBP 1 NZD = 231.86 Naira New Zealand is a country in the Pacific ocean. It is dependent on international trade which accounts for 24%. Tourism contributes $12.9 billion (or 5.6%) to New Zealand’s total GDP and supporting 7.5% of the total workforce in 2016. International visitor arrivals are expected to increase at a rate of 5.4% annually up to 2022.
17. Azerbaijani manat Currency code – AZN 1 AZN = 0.59 USD 1 AZN = 0.46 GBP 1 AZN = 213.24 Naira You would be surprised to see Azerbaijani manat in this list. However, the currency of this Central Asian country is a little bit weaker than US Dollar. The economy of this country is surprisingly strong, and its unemployment rate is low.
18. Bosnian – Herzegovina Convertible Marks Currency Code - BAM 1 BAM -0.57 USD 1 BAM – 0.44 GBP 1 BAM – 205.05 Naira Bosnian Convertible Marka is the currency of Bosnia and Herzegovina an European country.
19. Arubian Florin Currency Code – AWG 1 AWG = 0.56 USD 1 AWG = 0.43 GBP 1 AWG = 201.40 Naira Aruba is a small Dutch (Netherlands) Colony. The Dutch Guilder or Arubian Florian is their official currency.
20. Fijian Dollar Currency Code – FJD 1 FJD = 0.46 USD 1 FJD = 0.35 GBP 1 FJD = 165.51 Naira Fiji, a country in the South Pacific, is an archipelago of more than 300 islands, but not all are inhabited. It is famed for rugged landscapes, palm-lined beaches and coral reefs with clear lagoons.
Endowed with forest, mineral, and fish resources, Fiji is one of the most developed of the Pacific island economies, though still with a large subsistence sector . Tourism is also contributes significantly to their economy too.
21. Chinese Yuan Renminbi Currency Code – CNY 1 CNY – 0.14 USD 1 CNY – 0.11 GBP 1 CNY = 51.52 Naira
China is the most populous country in the world, with about 1.4 billion inhabitants (2018 est) occupying the 4th largest nation by landmass. According to official data, China’s GDP in 2018 was 90 trillion Yuan ($13.28 trillion). Since 2010, China has been the world’s second-largest economy by nominal GDP and since 2014, the largest economy in the world by purchasing power parity (PPP). China is also the world’s largest exporter and second-largest importer of goods.
22. Danish Krone Currency Code – DRK 1 DRK = 0.15 USD 1 DRK = 0.11 GBP 1 DRK = 53.69 Naira Denmark is one of the Scandinavian countries (Denmark, Sweden and Norway, Finland, Iceland with archipelagos).Denmark is considered to be one of the most economically and socially developed countries in the world. Danes enjoy a high standard of living. prosperity, and human development. The country ranks as having the world’s highest social mobility , a high level of income equality, has the lowest perceived level of corruption in the world , the eleventh-most developed in the world , has one of the world’s highest per capita incomes , and one of the world’s highest personal income tax rates.
According to the International Monetary Fund, Denmark has the world’s highest minimum wage, more than double of that of USA.
23. Malaysian Ringgit Currency Code – MYR 1 MYR = 0.24 USD 1 MYR = 0.19 GBP 1 MYR = 53.69 Naira Malaysia is an Asian Country with a palm oil based economy. The palm oil seeding they used to launch their economy was gotten from Nigeria many years ago. It is noteworthy to note that a barrel of palm oil is more expensive that a barrel of crude oil (Nigeria’s major income).
24. South African Rand Currency Code – ZAR 1 ZAR = 0.053 USD 1 ZAR = 0.068 GBP 1 ZAR = 24.70 Naira
Its economy is the second-largest in Africa, after Nigeria and the 33rd-largest in the world . In terms of purchasing power parity , South Africa has the seventh-highest per capita income in Africa. However, poverty and inequality, and corruption remain widespread, with about a quarter of the population unemployed and living on less than US$1.25 a day. Agriculture, manufacturing, tourism are some of their revenue generating sectors.
25. Swedish Krona Currency Code – 1 SEK = 0.10 USD 1 SEK= 0.081 GBP 1 SEK = 37.70 Naira Sweden is also one of the Scandinavian countries. It has a population of 10.3million Sweden’s engineering sector accounts for 50% of output and exports, while telecommunications, the automotive industry and the pharmaceutical industries are also of great importance. Sweden is the ninth-largest arms exporter in the world . Agriculture accounts for 2% of GDP and employment. The country ranks among the highest for telephone and Internet access penetration.
Sweden is home to Volvo Cars and heavy equipment.
Please note that Naijadriva learnt that it is not allowed to use banknotes without the “SPECIMEN” title.
Source: https://naijadriva./2019/11/22/top-25-most-expensive-world-currencies-in-2019/ Where is Ghana cedi 1cedi = #65-70 |
Re: 25 Most Expensive World Currencies In 2019 by BabaIbo: 5:42pm On Nov 23, 2019 |
KenModi:
Nothing funny about you comment! I didn’t even crack a smile
The fact that you started bragging about being knowledgeable shows that you not only lack knowledge but you are also arrogant and pompous; and annoyingly showing off what you don’t have. Well like you said, this is social media, fools like you think they are wisest.
Now fvcck off with you low IQ and unexposed brain! Get lost fool |
Re: 25 Most Expensive World Currencies In 2019 by makdcash(m): 5:54pm On Nov 23, 2019 |
I dont think u live in nigeria because if u do,u wil kno that a common man cannot can. modelmike7:
Why u dey stammer? Are you a stammerer |
Re: 25 Most Expensive World Currencies In 2019 by oz4real83(m): 5:57pm On Nov 23, 2019 |
Ausrichie:
Can you explain why yen is so low me I don't even understand those people self. no the list is incomplete the Brazilian Reias isn't even there. it is all about business and politics. If you are highly producing and exporting country, the cheaper your goods are, the more quantity other countries will buy. Japan produces alot. At the end of the day, the quantity exported will be so high that it will make up for the cheap prices and low exchange rate. The political aspect of it is that America does not treat china the same way it treats Japan with respect to low currency value. If tbis happens, china will flood American market with very cheap goods and it will kill American industries. |
Re: 25 Most Expensive World Currencies In 2019 by Nobody: 6:00pm On Nov 23, 2019 |
oz4real83: it is all about business and politics. If you are highly producing and exporting country, the cheaper your goods are, the more quantity other countries will buy. Japan produces alot. At the end of the day, the quantity exported will be so high that it will make up for the cheap prices and low exchange rate. The political aspect of it is that America does not treat china the same way it treats Japan with respect to low currency value. If tbis happens, china will flood American market with very cheap goods and it will kill American industries. Hmm. Thank you because this was a reason that popped in my head but I dismissed it. 1 Like 1 Share |