Top 10 Highest Currencies in the World: 2021
Most people erroneously think that the British Pound and US Dollar are the top highest banknotes in the world. In fact, there are many other currencies higher than the British Pound and US Dollar. Below are the top 10 highest currencies in the world in 2021:
1. Kuwaiti Dinar.
2. Bahraini Dinar.
3. Oman Rial.
4. Jordanian Dinar.
5. British Sterling Pound.
6. Cayman Islands Dollar.
7. European Euro.
8. Swiss Franc.
9. US Dollar.
10. Canadian Dollar.
The currencies we have here can also be said to be the strongest currencies in the world today because of their high value and high purchasing power.
1. Kuwaiti Dinar
The Kuwaiti Dinar is the most expensive banknote in the world, estimated at $3.30 per Dinar. Its high value could be attributed to several reasons: The large oil exports of the State of Kuwait to the world market, the stable Kuwaiti economy, the tremendous wealth of the State of Kuwait compared to its geographical size and population. More than 80% of Kuwait’s revenues come from the oil industry. Advanced techniques in the production and export of oil. In addition, Kuwait is a tax free country with a very low unemployment rate.
Kuwaiti Dinar exchange rates: 1 Kuwaiti Dinar = 3.30 US Dollars. 1 Kuwaiti Dinar = 2.73 Euro. Kuwaiti Dinar symbol: KWD.
2. Bahraini Dinar
Like the Kuwaiti Dinar, the Bahraini Dinar is considered the second most expensive banknote in the world for the following reasons: the black gold is one of the largest income sources for the Kingdom of Bahrain, with a population of not more than one million people. The price of the Bahraini Dinar is pegged to the US dollar and has maintained its stability since 2005. The Bahraini Dinar exchange rates are: 1 Bahraini Dinar = 2.66 US Dollars. 1 Bahraini Dinar = 2.20 Euro). Bahraini Dinar Symbol: BHD.
3. Omani Rial
The Omani Rial is considered the third most expensive banknote in the world in 2021 for the following reasons: Oman’s developed economy and high standard of living due to its strategic location. The Omani Rial is directly pegged to the US dollar, and due to its high purchasing power. The Omani government issued banknotes in denominations of 1/4 and 1/2 Rial.
The Omani Riyal exchange rates are: 1 Omani Rial = 2.60 US Dollars, 1 Omani Rial = 2.15 Euro. Omani Rial symbol: OMR.
4. Jordanian Dinar
The Jordanian Dinar is the fourth most expensive currency in the world in 2021. It is difficult to explain the reasons as Jordan does not have oil and basic resources, and Jordan’s backwardness from its peers in terms of economic development. Jordanian Dinar exchange rates: 1 Jordanian Dinar = 1.41 US Dollars, 1 Jordanian Dinar = 1.16 Euro. Jordanian Dinar symbol: JOD.
5. Sterling Pound
Most people consider the Sterling Pound the most expensive currency in the world, but it is only one of the top five most expensive currencies in the world. Britain issues coins to its colonies that are not identical to the main currency issued by the British Bank, such as: Scotland. North Ireland, Manx, Jersey, Gibraltar, Saint Elena Island, and Falkland Islands. The British Sterling Pound exchange rates: 1 British Sterling Pound = 1.37 US Dollars, 1 British Sterling Pound = 1.13 Euro. The Sterling Pound symbol: GBP.
6. Cayman Islands Dollar
The Cayman Islands Dollar is the sixth most expensive currency in the world in 2021 for the following reasons: Cayman Islands the best safe haven for tax evaders in the world. Cayman Islands provided licenses to hundreds of banks, hedge funds, and insurance companies.
Cayman Islands Dollar exchange rate: 1 Cayman Islands Dollar = 1.22 US Dollars, 1 Cayman Islands Dollar = 1.01 Euro. Cayman Islands Dollar symbol: KYD.
7. The Euro
The Euro ranks the seventh most expensive currency in the world in 2021 for the following reasons: The strong position of the Euro in the global trading markets allowed it to rise to the list of the top 10 most expensive currencies in the world. The Euro is the official currency of the European Union. It is the second world reserve currency that covers 22.2% of all global savings (US$ 62.3%).
The Euro exchange rate: 1 Euro = 1.21 US Dollars. Euro symbol: EUR.
8. Swiss Franc
The Swiss Franc ranks the eighth on the list of the top 10 most expensive currencies in the world in 2021 for the following reasons: Switzerland is one of the richest countries in the world. It has a stable and formal economy. Switzerland has a banking system known for its strict banking secrecy, making it a destination for the world’s largest fundraisers. Switzerland produces high-tech goods that are famous throughout the world.
Swiss Franc exchange rates: 1 Swiss Franc = 1.12 US Dollars, 1 Swiss Franc = 0.93 Euros. Swiss Franc symbol: CHF.
9. US Dollar
The famous US Dollar comes in the penultimate rank on the list of the most expensive currencies in the world. The US Dollar has gained its current value for the following reasons: The United States of America is the leading economic country in the world. The US Dollar has been named the world’s reserve currency. Payments can be made by US Dollar in any country in the world. The US Dollar exchange rate: 1 US dollar = 0.709 Jordanian Dinar. US Dollar symbol: USD.
10. Canadian Dollar
The Canadian dollar ranks last on the list of the 10 most expensive currencies in the world in 2021, as it is considered the fifth largest reserve currency in the world. The Canadian Dollar exchange rates: 1 Canadian Dollar = 0.79 US Dollar, 1 Canadian Dollar = 0.65 EUR. Canadian Dollar symbol: CAD.
Musharbash Exchange LLC offers currency exchange service with exceptional customer service and the best competitive exchange rates in Jordan.
Through our decades of long experience of more than 80 years of distinguished giving in this field, our Company has won the trust of many customers. Our Company also established a highly trained and specialized department to provide the best and latest advice for buying and selling all currencies of the world and ensuring that the best prices are given to its customers (individuals or companies).
For inquiries or to get the best prices at the same moment, you can visit the nearest branch of Musharbash Exchange all over the Kingdom. (click here to reach the nearest branch) or you can contact the customer service center daily from 8:00am till 12:00am midnight on the following numbers:
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