Popularity doesn't guarantee to become the most valuable currencies of all. .Although US Dollar is most popular currency in the world in the last 100 years, unlike several Arabian Currencies that is backed with gold, behind US dollar mint is mere a paper. There are dozens currencies that not bow under the mighty US dollar. On the following I give you top 10 most expensive currencies in the world against US dollar.
10. Switzerland Franc (1 CHF= 1.04702 USD)
This is our first most valuable money.One crucial factor that determined the value of a currency is the domestic economy. Switzerland is one from several countries in the world that enjoys strong economy growth . World Bank has listed them as a nation with one of the highest GDP economy growth, the people loves to shop, they are 20th largest exporters and in 2010, they are notified as the first rank holder in the list of European Econimic Freedom Index.
9. Caymanian Dollar ( 1 KYD =1.20951 USD )
Cayman islands cited countless time in Hollywood movies as a destination for Thief, Corruptors, and 007 enemies as a place to collect millions of dollars from their criminal act. The citation is hardly untrue. without abundant natural resources, Cayman island is popular for their offshore Banks, insurance companies or mutual funds. The people too is enjoying low tax cut. would you like to move here ?
8. Azerbaijan New Manat ( 1 AZN = 1.27454 USD)
Azerbaijan is probably the yungest nation in the list. Gaining its liberty in 1991, the country strive to recover the economy thanks to their decission to affiliate with IDB ( Islamic development bank) World bank, European bank, include IMF)
7. Europan Euro ( 1 EUR = 1.29960 USD )
Euro began its career in the first day of new1999 and started to be use publicly sinceJanuary 2002. Began the shift with shake at first but gain strong popularity over the course of time. it is higher then dollar in the last couple of year now. Euro is common to be used in Main Eurozone (Finland, France, Austria, Ireland, Germany, Italy,Luxembourg, Spain, Netherlands, Spain and Belgium) at first but now we can find it in Andorra, Cyprus, Estonia, Greece, Kosovo, Malta, Monaco, Montenegro, Portugal, San Marino, Slovakia, Slovenia, and Vatican city.
6. Jordanian Dinar (1 JOD = 1.41044 USD)
First fact ,though Jordan is not crude Oil rich country and the water is still difficult to find than in Indonesia, in term of currency, Jordan enjoys special Fix exchange treatment from IMF since October 23, 1995. since that dat, IMF gave Jordan IMF's SDR or Special Drawing Rights. In simple words, Central will always buy Jordanian dinar at rate approximately 1.41011 USD
5. UK Poundsterling (1 GBP=1.51930 USD)
UK never want to be lower than US since the first time. Though economically both countries help each other, Britons technically always better holiday time in US then all the way around because here in US every goodies is half way down.
4. Latvian Lats (1 LVL =1.85320 USD)
Began in January 1st 2008, Latvia officially announced to use Euro to replace lats. However, because the currency wait to complete the 3rd EMU's Stage that estimated completed before 2014, Lats is still used today. Biggest lats for Latvian is 500-latu. It is currently known as the 3rd most valuable banknote follows 1,000 Swiss franc and $10.000 Singapore Dollar note.
3. Omani Rial (1 OMR=2.59977 USD)
Oman shared same faith with Jordanian Dinnar. Since 1973-1986 , IMF pegged Omani Rial with US Dollar at 2.60 US and changed to 2.6008 since 1986 and above.
2. Bahraini Dinars (1 BD=2.65252)
Began December 1980, Bahrain currecy pegged ( IMF Special Drawing rights ) with the dollar at rate approximately= 2.65957 USD. (1 US= 0.376 BD )Every bahraini dinar is equal to 10 Saudi Riyals. The approximate rate is officially sealed since 2001.
1. Kuwaiti Dinar ( 1 KWD= 3.49711 US$)
This is our today world's most valuable currency unit. The value againts the US dollar is steady at rate 1 US= 0.2996 KWD with margin more or less 3.5 percents since 20th may 2007. IMF had pegged Kuwaiti dinnar started from 18th march 1975, Re-pegged in January 5th 2003, and re-pegged again in 16th June 2007. 1 KWD now is equal to approximately US$ 3.6.
Thanks for reading our Top 10 Most Valuable currencies in the world.
10. Switzerland Franc (1 CHF= 1.04702 USD)
This is our first most valuable money.One crucial factor that determined the value of a currency is the domestic economy. Switzerland is one from several countries in the world that enjoys strong economy growth . World Bank has listed them as a nation with one of the highest GDP economy growth, the people loves to shop, they are 20th largest exporters and in 2010, they are notified as the first rank holder in the list of European Econimic Freedom Index.
9. Caymanian Dollar ( 1 KYD =1.20951 USD )
Cayman islands cited countless time in Hollywood movies as a destination for Thief, Corruptors, and 007 enemies as a place to collect millions of dollars from their criminal act. The citation is hardly untrue. without abundant natural resources, Cayman island is popular for their offshore Banks, insurance companies or mutual funds. The people too is enjoying low tax cut. would you like to move here ?
8. Azerbaijan New Manat ( 1 AZN = 1.27454 USD)
Azerbaijan is probably the yungest nation in the list. Gaining its liberty in 1991, the country strive to recover the economy thanks to their decission to affiliate with IDB ( Islamic development bank) World bank, European bank, include IMF)
7. Europan Euro ( 1 EUR = 1.29960 USD )
Euro began its career in the first day of new1999 and started to be use publicly sinceJanuary 2002. Began the shift with shake at first but gain strong popularity over the course of time. it is higher then dollar in the last couple of year now. Euro is common to be used in Main Eurozone (Finland, France, Austria, Ireland, Germany, Italy,Luxembourg, Spain, Netherlands, Spain and Belgium) at first but now we can find it in Andorra, Cyprus, Estonia, Greece, Kosovo, Malta, Monaco, Montenegro, Portugal, San Marino, Slovakia, Slovenia, and Vatican city.
6. Jordanian Dinar (1 JOD = 1.41044 USD)
First fact ,though Jordan is not crude Oil rich country and the water is still difficult to find than in Indonesia, in term of currency, Jordan enjoys special Fix exchange treatment from IMF since October 23, 1995. since that dat, IMF gave Jordan IMF's SDR or Special Drawing Rights. In simple words, Central will always buy Jordanian dinar at rate approximately 1.41011 USD
5. UK Poundsterling (1 GBP=1.51930 USD)
UK never want to be lower than US since the first time. Though economically both countries help each other, Britons technically always better holiday time in US then all the way around because here in US every goodies is half way down.
4. Latvian Lats (1 LVL =1.85320 USD)
Began in January 1st 2008, Latvia officially announced to use Euro to replace lats. However, because the currency wait to complete the 3rd EMU's Stage that estimated completed before 2014, Lats is still used today. Biggest lats for Latvian is 500-latu. It is currently known as the 3rd most valuable banknote follows 1,000 Swiss franc and $10.000 Singapore Dollar note.
3. Omani Rial (1 OMR=2.59977 USD)
Oman shared same faith with Jordanian Dinnar. Since 1973-1986 , IMF pegged Omani Rial with US Dollar at 2.60 US and changed to 2.6008 since 1986 and above.
2. Bahraini Dinars (1 BD=2.65252)
Began December 1980, Bahrain currecy pegged ( IMF Special Drawing rights ) with the dollar at rate approximately= 2.65957 USD. (1 US= 0.376 BD )Every bahraini dinar is equal to 10 Saudi Riyals. The approximate rate is officially sealed since 2001.
1. Kuwaiti Dinar ( 1 KWD= 3.49711 US$)
This is our today world's most valuable currency unit. The value againts the US dollar is steady at rate 1 US= 0.2996 KWD with margin more or less 3.5 percents since 20th may 2007. IMF had pegged Kuwaiti dinnar started from 18th march 1975, Re-pegged in January 5th 2003, and re-pegged again in 16th June 2007. 1 KWD now is equal to approximately US$ 3.6.
Thanks for reading our Top 10 Most Valuable currencies in the world.
