What currency is worth the most
What currency is worth the most
Ever thought about which currency is worth the most in the world today? Most likely, you’re thinking now about British Pound, US Dollar, or Euro… Well, guess again. There are at least a few currencies with a higher value than these three.
7. Euro: 1 EUR = 1.16 USD
An autonomous British territory located in the Caribbean, the Cayman Islands are a major financial tax haven for wealthy individuals and corporations.
6. Cayman Islands Dollar: 1 KYD = 1.20 USD
An autonomous British territory located in the Caribbean, the Cayman Islands are a major financial tax haven for wealthy individuals and corporations.
5. British Pound: 1 GBP = 1.27 USD
The Great British pound, the pound sterling or the GBP is the 5th most valuable currency in the world. Although the GBP is not the strongest currency in the world, it does keep the title as the oldest currency still in use.
4. Jordanian Dinar: 1 JOD = 1.41 USD
The national currency of Jordan is the Jordanian dinar or JOD, which earned the position as the 4th strongest currency in the world today.
3. Omani Rial: 1 OMR = 2.60 USD
The Omani rial or OMR is the national currency of Oman. Unlike most conventional currencies, the Omani rial is split into 1000 smaller divisions known as baisa.
2. Bahraini Dinar: 1 BHD = 2.66 USD
Like most Arabic currencies on this list, it is divided into 1000 smaller currency units, in this case, called ‘fils’.
1. Kuwaiti Dinar: 1 KWD = 3.26 USD
The Kuwaiti dinar (KWD) was the most valuable government-backed currency as of 2020. Some currencies not backed by governments, such as gold and bitcoin, were actually worth far more. The Kuwait Investment Authority manages this fund and helps to ensure that Kuwait remains prosperous.