Have you ever wondered what is the most valuable or the strongest currency in the world? The United Nations recognizes around 180 currencies as legal tender but which one holds the most value? Are you curious to know? Let’s talk about the list of countries having the strongest currencies in the world.
1. Kuwaiti Dinar
The Kuwaiti dinar is known as the strongest currency in the world. The Kuwaiti dinar or KWD was introduced in1960 and was initially equivalent to one pound sterling. You will receive just 0.30 Kuwaiti dinar after exchanging 1 US dollar, making the Kuwaiti dinar world’s highest valued and the strongest currency.
2. Bahrain Dinar
The second strongest currency in the world is the Bahrain dinar or BHD. The Bahrain dinar is only used in Bahrain and is pegged against the US dollar. When trading 1 US dollar you will receive 0.38 Bahraini dinar.
3. Omani Rial
The Omani rial or OMR is the national currency of Oman. The Omani rial is split into 1000 smaller divisions known as baisa. It quickly rose in value after being introduced due to the success of Oman’s oil exports. A single US dollar is exchanged for around 0.38 Omani rial.
4. Jordan Dinar
The fourth strongest currency in the world today is the Jordan dinar. The national currency of Jordan is the Jordanian dinar or JOD. 1 US dollar is transferable for around 0.71 Jordanian dinars.
5. Pound Sterling
The title of the oldest currency still in use is the Great British Pound. The Great British Pound, the pound sterling or the GBP is the 5th most valuable currency in the world. When exchanging a single US dollar, you will receive around 0.75 Great British Pounds.