Unlike many other countries, because of its heavy connection to the U.S. Most people donвЂ™t think about uranium when they think about Canada, but the truth of the matter is that Canada holds the worldвЂ™s second-largest supply of uranium, in addition to huge crude oil reserves. As long as the USD remains such a widely used currency, we believe it will continue to remain on the list of the highest-valued currencies in the world for years to come. What can we say that you wonвЂ™t already know about the USD? ItвЂ™s the official national currency of the United States of America, and itвЂ™s also the most widely traded currency on the planet, which is why we use it as the base against which we measure the strength of other currencies. After all, who wouldnвЂ™t want to trade in a currency thatвЂ™s so consistently reliable? #9: US Dollar (USD) Since Switzerland is such a wealthy, stable economy, the Swiss franc is considered a вЂsafe-havenвЂ™ currency due to its stability. Since this includes some of the worldвЂ™s wealthiest countries, the Euro continues to remain strong year after year.

The Euro is the official currency of the group of states known as the Euro Area (or Eurozone), which accounts for 19 of the 27 European countries in the European Union. In fact, the Cayman Islands offer offshore banking services for thousands of hedge funds, insurance companies, and financial institutions, rather than the largest source of their currency rate being based on exporting natural resources like some other popular currencies. ItвЂ™s no surprise that the Cayman Islands Dollar is one of the strongest currencies in the world, especially since the region is a popular tax haven.

Though some territories issue their own unique versions of the Pound Sterling, like the recognizable British Pound Sterling or Gibraltar Pound, theyвЂ™re valued equally with all other forms of the currency. Recognized as the official currency of the UK, as well as many of the United KingdomвЂ™s overseas territories and crown dependencies, the Pound Sterling comes in many forms. Ranging from trade and finance to manufacturing and mining, there are plenty of reasons why the Jordanian Dinar is one of the strongest currencies in the world. Rather than petroleum-based exports like the top 3 countries, JordanвЂ™s economy is small and well-diversified. This has definitely contributed to its national currency remaining one of the strongest currencies in the world. ItвЂ™s noteworthy that although Oman has the least oil reserves in this region of the world, its location in the Persian Gulf actually gives it control over a larger volume of oil because of the size of its reserves. Oman is yet another strong economy thatвЂ™s made its wealth from exporting oil reserves. This has contributed substantially to the continued strength of the Bahraini dinar as it remains the second most expensive currency in the world. #2: Bahraini Dinar (BHD): ДЄnother country that is known for its exports more than its size, Bahrain has also made its wealth from exporting petroleum products вЂ“ over $69 billion so far. This continues to make the Kuwaiti dinar the top strongest currency in the world. Though it may not be the biggest country, KuwaitвЂ™s contribution to the global oil industry has made it one of the richest countries in the world with an estimated wealth of $71.58 billion. The Top 10 List of Highest Currencies in the World: #1: Kuwaiti Dinar (KWD): *All currency exchange rates were collected using Google FinanceвЂ™s archived currency data.Д¬urious about the other end of the spectrum? Take a look at our blog on the lowest currencies in the world in 2022. Somewhat surprisingly, despite all the struggles faced by countries around the world, not a whole lot changed in regards to the positioning of the highest currencies in the world.ДЄt this time, there are around 180 currencies that are recognized by the United Nations, and weвЂ™re going to take a look at the top 10 strongest currencies in the world on the foreign exchange market, as they stand against the exchange rate of the most highly traded currency in the world вЂ“ the U.S. S ince the beginning of 2020, virtually every economy in the world has had to shift and adapt to the changes brought on by the COVID-19 global pandemic.

World currency compare to us dollar