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THE 10 MOST VALUABLE CURRENCY IN THE WORLD



Because United States Dollar is used as a standard currency across the globe, most of us understand that the U.S.D is the most valuable currency in the world.
But No!! Its not.

Lets see the 10 most valuable currency in the world which will definitely correct your perception.

THE 10 MOST VALUABLE CURRENCY IN THE WORLD

We have rectified the web to show you the 10 most valuable currency in the world.

So, here are the 10 most valuable currency in the world-

10. UNITED STATES DOLLAR

The 10th most valuable currency in our list is United States Dollar.
The currency code of United States Dollar is USD.
United States Dollar is official currency of United states and its territories.
As it is the most used in international transactions, the U.S. Dollar is the world's primary reserve currency.


9. SWISS FRANC (1 CHF = 1.041 USD)

The 9th most valuable currency in the world is Swiss Franc.
The currency code of Franc is CHF.
The Swiss Franc is the currency and legal tender of Switzerland and Liechtenstein.
It is also the legal tender of Italian exclave of Campione d'Italia.
The Swiss National Bank issues banknotes and the federal mint Swissmint issues coins.

8. EURO (1 EUR = 1.106 USD)

The 8th most valuable currency in the world is Euro.
The currency code of Euro is EUR.
Euro is the currency of 19 of 27 members of the European Union.
This group of states is known as the eurozone or euro area and also used officially by the institutions of the European Union, by four European micro states that are not EU members.


7. CAYMAN ISLANDS DOLLAR (1 KYD = 1.2195 USD)

The 7th most valuable currency in the world is Cayman Islands dollar.
The currency code of Cayman Islands dollar is KYD.
The Cayman Islands dollar is the currency of the Cayman Islands.
Cayman Islands dollar is a British overseas territory that includes Grand Cayman, Little Cayman, and Cayman Brac.


6. GIBRALTAR POUND (1 GIP = 1.219 USD)

The 6th most valuable currency in the world is Gibraltar Pound.
The currency code of Gibraltar Pound is GIP.
The Gibraltar pound is the currency of Gibraltar.
Gibraltar is a British Overseas Territory located at the southern tip of the Iberian Peninsula.
It is pegged to, and exchangeable with the British pound sterling.


5. BRITISH POUND STERLING (1 GBP = 1.225 USD )

British pound sterling is the 5th most valuable currency in the world.
The currency code for British Pound Sterling is GBP.
The British Pound is the official currency of United Kingdom, Jersey, Guernsey, the Isle of man, Gibraltar, South Georgia, the South Sandwich Islands, the British Antarctic Territory, and Tristan da Cunha.
The Bank of England is the Central bank for the pound sterling, issuing its own banknotes, and regulating issuance of banknotes by private banks in Scotland and Northern Ireland.
Sterling banknotes issued by other jurisdictions are not regulated by the Bank of England; their govt. guarantee its convertibility.


4. JORDANIAN DINAR (1 JOD = 1.413 USD)

The Jordanian Dinar is the 4th most valuable currency in the world.
The currency code for Jordanian Dinar is JOD.
The Jordanian Dinar is the state currency for the Kingdom of Jordan.
The Central Bank of Jordan operates under the objective of maintaining monetary and financial stability to ensure its stability.
The Dinar has bee pegged to the International Monetary Fund's special drawing rights and unofficially pegged to U.S. Dollar.


3. OMANI RIAL (1 OMR = 2.599 USD)

Omani Rial is the 3rd most valuable currency in the world.
Omani Rial is the currency of Oman which is situated in southeastern coast of the Arabian Peninsula.
The currency code for Rials is OMR.
The Central Bank of Oman pegs the value of the Omani Rial to the U.S. dollar at $2.599.
The dollar peg keeps the value of the rial stable and protects against the volatility.


2. BAHRAINI DINAR (1 BHD = 2.657 USD)

The Bahraini Dinar is the 2nd most valuable currency in the world.
The Bahraini Dinar is the currency of Bahrain.
Bahrain is a Persian Gulf island state with a density of about 1 million people only.
This small country's largest source of income is its "black gold" export.
Bahraini Dinar's rate has remained stable since 2005 against US Dollar.

1. KUWAITI DINAR (1 KWD = 3.177 USD)
The most valuable currency in the world is Kuwaiti Dinar.
Kuwait is a small country with huge wealth. The high value of its currency is due to its significant oil exports into the global market.
More than 80% of the country's revenue is generated through its oil industry.
Due to its stable petroleum-based economy, extravagantly developed oil production and export, Kuwait is considered to be one of the wealthiest country in the world.



CONCLUSION-

 Here is a quick recap for you of the 10 most valuable currency in the world-

  1. KUWAITI DINAR 
  2. BAHRAINI DINAR
  3. OMANI RIAL
  4. JORDANIAN DINAR
  5. BRITISH POUND STERLING
  6. GIBRALTAR POUND
  7. CAYMAN ISLANDS DOLLAR
  8. EURO
  9. SWISS FRANC
  10. UNITED STATES DOLLAR


THANK YOU!!!


Tap the link below to see -

The 10 most expensive bikes in the world
https://mostlyroyal.blogspot.com/2020/03/the-10-most-expensive-bikes-in-world.html

 The 10 most expensive houses in the world
https://mostlyroyal.blogspot.com/2020/03/the-10-most-expensive-houses-in-world.html


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