Top 10 Strongest Currencies In The World

When you hear about the strongest currencies, the first thing that might come to your mind is the US dollars or Pounds. Not to burst your bubble but they are not. The US dollar is the most traded and famous currency.

The relative strength of currencies is determined by a number of variables, including exchange rates, nominal gross domestic product (GDP) per capita, inflation rate, and a wide range of other economic and political challenges.

All the below listed currencies are being gauged against the widely traded currency, US dollars.

1. Kuwaiti Dinar
Kuwait dinar with the code KWD is the currency of a small country called Kuwait bordering Saudi Arabia and Iraq.

Kuwait is well known for owning large oil reserves and they export oils to global market. Kuwait emerges one of the richest countries in the world. 1KWD equals $3.26 USD making it the most valuable currency in the world.

2. Bahraini Dinar
Bahraini dinar with the code BHD replaced Gulf rupee since 1965. It has served as the official currency of Bahrain, an island nation which is situated next to Saudi Arabia in the Persian Gulf.

The oil and gas sector is their principal source of income. The Kuwaiti dinar is the world’s most valuable currency, followed by the Bahraini dinar while equals……

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