Review of the best according to the editors. About the selection criteria. The the material is subjective, is not advertising and is not serves as a guide to the purchase. Before purchase is needed consultation with a specialist.
Many mistakenly consider the American dollar or the British The pound is the strongest and most expensive currency in the world. But as time shows and practice, this is far from the case. There is one feature that it should be taken into account and only then talk about the significance of one or other currency. This is its value. Your attention rating of the most “powerful” currencies of the planet.
About the value of currencies
If it was about acquiring a significant amount of money, which you would prefer currency – the one that is heard or the one whose higher purchasing power? The correct answer would be the second option. Why so? It’s simple: you can’t value significance currency unit, based on the economic indicators of the country (the first and second are not always interconnected).
A striking example is Japan. The land of the rising sun is one of world leaders in terms of industry, GDP per capita population and the undisputed ancestor of modern robotics. And what are Japanese cars worth? But still. The cost of the Japanese yen far from one that could bring her closer to the rating of the most expensive: 1 JPY is equivalent to 0.01 USD.
It is also important to consider the rate of inflation. In the same Japan, he low, respectively, the value of the national currency as a whole is stable. And, therefore, the yen can confidently be considered a strong currency, but not the most expensive.
The most expensive currencies in the world
|Nomination||a place||currency name||Exchange rate to USD|
|The most expensive currencies in the world||1||Kuwaiti dinar||1 KWD = 3.29 USD|
|2||Bahraini dinar||1 BHD = 2.65 USD|
|3||Omani rial||1 OMR = 2.60 USD|
|4||Jordanian dinar||1 JOD = 1.41 USD|
|5||British pound||1 GBP = 1.23 USD|
|6||Cayman Islands Dollar||1 KYD = 1.20 USD|
|7||Euro Euro||1 EUR = 1.10 USD|
|8||Swiss frank||1 CHF = 1.00 USD|
|9||American dollar||1 USD = 1.00 USD|
|10||Canadian dollar||1 CAD = 0.75 USD|
- 1 KWD = 3.29 USD
- 1 KWD = 212.6 RUB
At the moment, it is the Kuwaiti dinar that is the most expensive currency on the planet. It is noteworthy that such a picture It has been observed for more than one year: for about two decades, the national Kuwait’s currency holds primacy among all currencies of the world. Not the last role was played by the country’s special economy, developing rapidly (primarily due to export significant amount of oil).
It is noteworthy that Kuwait is a tiny country and from many points inconspicuous view. Nevertheless, it is one of the fastest developing countries not only the Arabian Peninsula, but also the whole of the world. According to some analysts, there are almost 10% of all world oil reserves. Kuwait is also included ranking of the richest countries on the planet: it takes 7th place among states with the highest GDP per capita.
- 1 BHD = 2.65 USD
- 1 BHD = 171.5 RUB
Another country with modest size and just as small population (not more than 1 million inhabitants). What can not be said about her potential: due to significant recently discovered Bahrain’s oil reserves are among the richest states of the world. Accordingly, a significant portion of the country’s income formed from black gold exports.
In addition, there is a US naval base, from which it follows that the country is in very close contact with the States. AND economic including: Bahraini dinar firmly attached to American dollar: for almost 15 years, its value remains almost unchanged – this is a very expensive currency.
Interesting fact: before becoming one of the oil countries, Bahrain was considered a valuable supplier of pearls (this industry was one from the main ones). But with the onset of the 30s of the 20th century, everything has changed – stone mining has ceased since Japan began its rapid cultivation.
- 1 OMR = 2.60 USD
- 1 OMR = $ 9
This representative of the Arabian Peninsula has a strategic important location. That’s it (and the mining of colossal amounts oil, of course) allowed the country to reach a new level economic development. She also managed to significantly increase the standard of living of its citizens: Oman is one of the few that can boast of the lack of unemployment and homeless people.
Unfortunately, in recent years there has been a trend rapid decline in oil reserves. Government of Oman decided to diversify revenue streams: main the emphasis now will not be on oil production, but on the development of metallurgy, gas industry and tourism.
It is noteworthy that the value of the national Omani currency is so high that it is produced in a meager denomination: instead of the usual change coins, comprising 1/100 of the state monetary units, the so-called “bayza” is used. This modest coin is no less than 1/1000 of the Omani rial.
- 1 JOD = 1.41 USD
- 1 JOD = 91.39 RUB
Some analysts cannot clearly explain why Jordan’s national currency was so high given the slowly developing economy. Almost the entire territory this Arab country is desert: only 10% of Jordan is inhabited. Basically, the entire population is concentrated in 3 large cities – Amman (capital), Irbide and Madaba.
Unfortunately, the state cannot boast of abundance. some strategically important resources (oil among them). More Moreover, the country is forced to export energy, which makes it heavily dependent on neighbors and the IMF fund. Besides Moreover, Jordan has an impressive external debt. But all this is not prevented its national currency from remaining invariably “strong” and dear: not the first year the cost of one Jordanian dinar is 1.41 dollars and this rate is fixed.
- 1 GBP = 1.23 USD
- 1 GBP = 79.75 RUB
British pound or, more precisely, some pound mistakenly considered one of the most powerful currencies: in fact, it dear, but not enough to get into the top three currencies – world leaders in value. Pound sterling is not a payment currency only for British territory, but also for crown lands (Guernsey, Jersey, Isle of Man). In addition, the pound can be used as legal tender in the colonial territory of the country: Falkland Islands, St. Helena, Gibraltar, etc.
Of course, many British colonies have their own currency, but one condition is invariable: its rate is always pegged to the pound sterling in the ratio 1: 1. Funny (and maybe not very) fact: the indigenous people of Great Britain are not particularly willing to accept payment currency any pounds, except for the “main”.
Recently, the country began issuing new polymer-type banknotes. Unlike paper, they have a longer service life and do not lose their original appearance (not affected by moisture and any pollution).
Cayman Islands Dollar
- 1 KYD = 1.20 USD
- 1 KYD = 77.56 RUB
Until 1972, on the island territory as an official means of payment used Jamaican dollar. But all changed after the introduction of the new currency. At first sight may seem strange: why is the currency so tiny and nothing unremarkable state was in the ranking of the most expensive. But everything falls into place when you find out for what purpose Cayman Islands use many countries. It is the largest in the world. offshore center.
The state is a real tax haven for hundreds of various banks, funds, insurance companies and any other financial organizations. It is for this reason that the Cayman Islands can not only compete with the American dollar, but also squeeze it in value.
- 1 EUR = 1.10 USD
- 1 EUR = 71.00 RUB
The youngest currency in the ranking is the most expensive. Launched in the recent 2002, the euro quickly became a national currency for 19 European countries – participants of the so-called “Eurozone”, members of the European Union. Although the euro is only 6th among the most expensive currencies in the world, in terms of state reserve he is considered the second with a figure of 25% (the US is in the lead).
According to August 2018, the sum of all banknotes and coins, currently in circulation, exceeded the figure of 1.2 trillion. Euro. By the way, only a few years ago (in 2011) the euro occupied leading position in the world in terms of cash in circulation. But American dollar managed to quickly regain its superiority back.
Interesting fact: in addition to EU member states, another 22 states (mostly African) also tied their national currencies to euros at a fixed rate.
- 1 CHF = 1.00 USD
- 1 CHF = 64.92 RUB
Swiss franc is one of the oldest, most stable and expensive. world currencies. Used as a means of payment not only in Switzerland, but also in Liechtenstein. By the way, the currency is the only one in Europe called franc.
Incredible, but true: in all banks of the country was introduced negative interest rate on deposit accounts. And this, in his turn means that if you want to keep your money on territory of Switzerland, you can’t see any profit, you’ll even have to pay extra for this pleasure.
Such an unusual decision was made by the Central Bank of the country. for one single reason: after canceling a fixed with the euro the franc began to strengthen too rapidly.
Interesting fact: the Swiss currency has an unusual external view – drawing on banknotes is not located in the usual horizontal and vertical.
- 1 USD = 1.00 USD
- 1 USD = 64.66 RUB
The national currency of America takes the penultimate position in ranking of the most expensive in the world and at the same time is the main reserve the planet’s currency, which is quite unusual. But that one is easily explained the fact why exactly the dollar has become the main currency of reserves most countries: a star-striped economy is considered actually the strongest in the world.
Interesting fact: more than 2/3 of all dollar bills are in turnover outside of their “homeland”.
The number of US dollars used in the world daily replenished by 25 million copies: thus, every day the turnover American currency in the world is increasing by almost 650 million dollars. By the way, earlier around the world were actively used large denominations in denominations of 5, 10 and even 100 thousand. Today, only 1, 2, 5, 10, 20, 50 and 100 dollar money.
- 1 CAD = 0.75 USD
- 1 CAD = 43.78 RUB
Closes our ten most expensive currencies of the world national Canadian currency. This country is considered one of the wealthiest, when it comes to oil reserves: on its territory About 13% of the world’s black gold reserves are concentrated. By the way the main consumer of canadian oil is none other than States Unsurprisingly, the value of the Canadian dollar is closely related to at the price of oil in the world market. Significant effect on rate fluctuations the national canadian currency has the american economy and US dollar respectively.
In 2011, the government decided to keep up with countries The European Union, and following the example of the European currency, initiated the release of polymer dollar bills. Recently, Canada has been using floating exchange rate that allows the canadian dollar adapt to the global currency market. By the way, the Canadian dollar takes 5th place in the world in terms of its reserves.
Attention! This rating is subjective, not advertising and does not serve as a guide to the purchase. Before the purchase consultation with a specialist is necessary.