The highest currencies in the world are some of the more stable legal tender. The value of a currency often reflects the strength of the country’s economy. This is because countries with strong economies usually attract trade from outside their borders. This trade from outside their countries is what drives the value up.
The laws of demand and supply clearly indicate that when demand far outweighs supply, the result is that the value (or price) of the item in question goes up.
These are therefore some of the currencies with the highest amount of demand.
Top 100 Highest Currencies In The World
1. Kuwaiti Dinar
The Kuwaiti Dinar is the highest currency in the world in terms of value. It currently exchanges for about 1 Kuwaiti Dinar for 3.31 US Dollars.
The laws of demand and supply have worked out well in their favor; the demand for this country’s currency comes from its main export- oil.
Kuwait is a country in the Middle East which has vast oil resources. The country also has a small population of about 4 million, which means there is plenty of wealth to go round.
2. Bahrain Dinar
The Bahrain Dinar is another Dinar that tops the world’s currency lists; it is the currency of Bahrain; a small kingdom in Western Asia and the Persian Gulf.
Bahrain also owes its economy to vast oil deposits and a small population. There are only about 1.4 million people in the country. The economy is also boosted by a growing financial market, as well as a services sector that makes the country quite comfortable for the many foreign business people living in the country.
The Bahraini Dinar exchanges for 1 Bahraini Dinar to 2.65 US Dollars.
3. Oman Rial
The Omani Rial is the currency of Oman. Oman is a country in Western Asia, which borders the United Arab Emirates and Yemen. This country is culturally and socially identical with other Middle East states.
It is also economically identical to its neighbors; Oman’s economy is tied to oil. After crude petroleum, the next biggest exports are petroleum gas and refined petroleum. Oman also has a small population of about 5 million citizens; which means the abundant wealth is shared by a small number of people.
4. Jordanian Dinar
The Jordanian Dinar is the currency of the country called Jordan. Following the examples set by those currencies above it, one can assume that this is another Middle East state. That assumption would be correct; Jordan is a country in Western Asia. The country is located at the crossroads of Asia, Africa and Europe.
The Jordanian Dinar is presently exchanged for about 1 Jordanian Dollar for 1.41 USD. That is one of the highest exchange rates in the world presently.
As is consistent in the region; the economy of Jordan thrives on oil exports. The population is also small, and the quality of life is quite good.
5. Pound Sterling
The Pound Sterling, better known as the Great British Pound is the currency of the United Kingdom. It is one of the most popular, and most traded currencies in the world.
The GBP exchanges for around 1 GBP to 1.24 USD. The Great British Pound is the currency of Britain which consists England, Wales, Scotland, and Northern Ireland.
The Great British pound gets its strength from interests in many former colonies including Canada, Australia, and New Zealand, as well as a thriving local economy which is built on Oil, Manufacturing, Services, Real Estate, and Agriculture.
6. Cayman Islands Dollar
The Cayman Islands dollar is surprisingly high on this list. It is a currency of a country with no oil, but plenty of beaches, and shiny blue waters which are good for swimming and diving. The Cayman Islands is an overseas territory of Britain, and is located in the Western Caribbean region.
The Cayman Islands Dollar exchanges for 1 Cayman Islands Dollar to 1.20 USD. The demand for this country’s currency comes from the fact that it is a favorite holiday spot for wealthy Americans and Europeans.
Cayman Islands is also a nice place to hide money; it has a very convenient banking system which is used to hide away money for future use.
7. Gibraltar Pound
The Gibraltar Pound is the currency of Gibraltar, which is another British Overseas Territory, this time located on the south coast of Spain. This was once a Spanish territory, but it now belongs to Britain, even though it has self governing status.
The Gibraltar Pound gets its strength from the fact that the country is a hub for international travel. People come into the country from all over the world to take part in the tourism, online gambling, shipping, and financial services.
The Gibraltar Pound exchanges for 1 Gibraltar Pound to 1.24 USD.
8. The Euro
The Euro is one of the most popular currencies in the world; it is the currency of the Eurozone; which is a large number of countries, most of which are located in Western and Central Europe. Being the currency of a large number of countries, this currency gets its strength from a number of economic factors.
This is one of the best recognized currencies, and also one of the most traded currencies in the world.
The Euro is also one of the most important currencies in the world, when global economics is concerned. Presently it trades at 1 Euro to 1.09 USD.
9. Swiss Franc
The Swiss Franc is the currency of Switzerland; a country located at the confluence of Western, Central, and Southern Europe, but having mostly Western European cultural influences.
The Swiss Franc is one of the world’s most popular currencies; and it used to be one of the world’s most traded currencies as well, although that is changing quite quickly.
Switzerland is best known for its financial system; it has a very efficient banking system which houses the wealth of many of the world’s richest and most powerful people.
10. US Dollar
The US Dollar is the most popular currency in the world, as well as the most traded and most important. It is the currency against which other currencies are measured to show strength, and weakness.
The US Dollar is the currency of the United States of America; and therefore it is supported by both the economy and government of that great country. However, the US dollar gets its strength from its international acceptance; it is the currency of international trade, and most governments of the world keep a reserve of it in the central banks, or other important reserve systems.
The following is a more extensive list of the 100 highest currencies in the world.
Position | Currency | Countries Used | Exchange Rate |
1 | Kuwaiti Dinar | Kuwait | 3.31 US Dollars. |
2 | Bahraini Dinar | Bahrain | 2.65 US Dollars |
3 | Oman Rial OMR | Oman | 2.60 USD |
4 | Jordanian Dinar JOD | Jordan | |
5 | Pounds Sterling GBP | England, Wales, Scotland, Northern Ireland | 1.25 USD |
6 | Cayman Islands Dollar KYD | Cayman Islands | 1.20 USD |
7 | Gibraltar Pound GIP | Gibraltar | 1.24222 |
8 | Euro EUR | Austria, Belgium
Croatia, Cyprus Estonia, Finland France, Germany Greece, Ireland Italy, Latvia Lithuania Luxembourg Malta, Netherlands Portugal, Slovakia Slovenia, Spain |
1.10 |
9 | Swiss Franc CHF | Switzerland | 1.12 USD |
10 | US Dollar USD | USA, and many other countries. | |
11 | Canadian Dollar CAD | Canada | 1.35CAD – 1USD |
12 | Bruneian Dollar BND | Brunei | BND 1.40- 1USD |
13 | Australian Dollar AUD | Australia, Kiribati, Nauru, Norfolk Island, Tuvalu, Christmas Island, Cocos Island | AUD 1.55- 1USD |
14 | New Zealand dollar NZD | New Zealand, Niue, Cook Islands, Pitcairn Islands, Tokelau | NZD 1.69- 1 USD |
15 | Azerbaijani Manat AZN | Azerbaijan | AZN 1.70- 1 USD |
16 | Aruban Florin AWG | Aruba | AWG 1.79- 1 USD |
17 | Belizean Dollar BZD | Belize | BZD 1.99- 1 USD |
18 | Bulgarian Lev BGN | Bulgaria | BGN 1.96- 1 USD |
19 | Fijian Dollar FJD | Fiji | FJD 2.28 – 1USD |
20 | Maltese lira MTL | Malta | 1 MTL -2.55326 USD |
21 | Georgian Lari GEL | Georgia | GEL 2.72-1USD |
22 | Singapore Dollar SGD | Singapore | SGD 1.40-1 USD |
23 | Tongan pa’anga TOP | Tonga | TOP 2.43-1 USD |
24 | Samoan tala WST | Samoa | WST 2.80-1USD |
25 | Caribbean dollar XCD | Anguilla, Antigua and Barbuda, Dominica, Grenada, Montserrat, Saint Kitts and Nevis, Saint Lucia, Saint Vincent and the Grenadines East | XCD 2.70-1USD |
26 | Lithuanian litas LTL | Lithuania | LTL 3.0245-1USD |
27 | Papua New Guinean kina PGK | Papua New Guinea | PGK 3.52-1USD |
28 | Peruvian sol PEN | Peru | PEN 3.95-1USD |
29 | Qatari rial QAR | Qatar | QAR 3.64-1USD |
30 | Saudi riyal SAR | Saudi Arabia | SAR 3.75-1USD |
31 | Tunisian dinar TND | Tunisia | TND 3.21-USD |
32 | Romanian leu RON | Romania | RON 4.89-USD |
33 | Polish zloty PLN | Poland | PLN 4.68-USD |
34 | Malaysian ringgit MYR | Malaysia | MYR 4.75-USD |
35 | Libyan dinar LYD | Libya | LYD 4.95-USD |
36 | New Israeli shekel ILS | Israel, West Bank | ILS 3.55-USD |
37 | Emirati dirham AED | United Arab Emirates | AED 3.67-1USD |
38 | New Turkish lira TRY | Turkey | TRY 5.375-1USD |
39 | Brazilian real BRL | Brazil | BRL 5.12-1USD |
40 | Trinidad and Tobago dollar TTD | Trinidad and Tobago | TTD 6.68-1USD |
41 | Bolivian boliviano BOB | Bolivia | BOB 6.80-1USD |
42 | Renminbi CNY | China, People’s Republic of | CNY 7.23-1USD |
43 | Danish krone DKK | Denmark, Faroe Islands, Greenland | DKK 7.44- USD |
44 | Guatemalan quetzal | Guatemala | GTQ 7.70- 1 USD |
45 | Hong Kong dollar HKD | Hong Kong | HKD 7.85- 1USD |
46 | Croatian kuna HRK | Croatia | HRK 7.54-1USD |
47 | Macau pataca MOP | Macau | MOP 8.09- 1USD |
48 | Solomon Islands dollar SBD | Solomon Islands | SBD 8.21-USD |
49 | Salvadoran colon, U.S. dollar SVC | El Salvador | SVC 8.75-USD
|
50 | Norwegian krone NOK | Norway, Svalbard | NOK 10.25-USD |
51 | Moroccan dirham MAD | Morocco, Western Sahara | MAD 10.93-USD |
52 | Swedish krona SEK | Sweden | SEK 10.86-USD |
53 | Tajik somoni TJS | Tajikistan | TJS 10.05-USD |
54 | Botswana pula BWP | Botswana | BWP 13.23-USD |
55 | Ghanaian cedi GHS | Ghana | GHS 14.06-USD |
56 | Estonian kroon EEK | Estonia | EEK14.2802-USD |
57 | Eritrean nakfa ERN | Eritrea | ERN 15.00-USD |
58 | Maldivian rufiyaa MVR | Maldives | MVR 15.38-USD |
59 | Seychellois rupee SCR | Seychelles | SCR 14.35-1USD |
60 | Namibian dollar, South African rand NAD, ZAR 17.75 | Namibia | NAD, ZAR 17.75-USD |
61 | South African rand ZAR 17.75 | Lesotho, South Africa, Swaziland | ZAR 17.75-USD |
62 | Mexican peso MXN | Mexico | MXN 19.47-USD |
63 | Moldovan leu MDL | Moldova | MDL 19.06-USD |
64 | Honduran lempira HNL | Honduras | HNL 24.34- USD |
65 | Egyptian pound EGP 24.32 | Egypt | EGP 24.32-USD |
66 | Republic Czech koruna CZK | Czech | CZK 24.32-USD |
67 | Slovak koruna SKK | Slovakia | SKK 26.39-USD |
68 | Surinamese dollar SRD | Suriname | SRD 29.71-USD |
69 | Nicaraguan córdoba NIO | Nicaragua | NIO 35.45-USD |
70 | Ukrainian hryvnia UAH | Ukraine | UAH 36.76-USD |
71 | Thai baht THB | Thailand | THB 37.36-1 USD |
72 | Uruguayan peso UYU | Uruguay | UYU 39.89-1 USD |
73 | Ethiopian birr ETB | Ethiopia | ETB 52.91- 1USD |
74 | Philippine peso PHP 58.40 | Philippines | PHP 58.40-USD |
75 | Macedonian denar MKD | North Macedonia | MKD 61.81 |
76 | Gambian dalasi | The Gambia | GMD 61.01 |
77 | Indian rupee INR | India | INR 81.93 |
78 | Russian ruble RUR | Russia | RUR/RUB 61.31- 1 USD |
79 | Mozambique metical MZN | Mozambique | MZN 63.87- 1 USD |
80 | Kyrgyzstani som KGS | Kyrgyzstan | KGS 84.00- 1 USD |
81 | Icelandic króna ISK | Iceland | ISK 146.04- 1 USD |
82 | Serbian dinar RSD | Serbia and Montenegro | RSD 117.29- 1 USD |
83 | Kenyan shilling KES | Kenya | KES 121.60- 1 USD |
84 | Japanese yen JPY | Japan | JPY 146.62- 1 USD |
85 | Haitian gourde HTG | Haiti | HTG 129.03- 1 USD |
86 | Algerian dinar DZD | Algeria | DZD 140.29- 1 USD |
87 | Liberian dollar LRD | Liberia | LRD 153.73- 1 USD |
88 | Jamaican dollar JMD | Jamaica | JMD 151.59- 1 USD
|
89 | Djiboutian franc DJF | Djibouti | DJF 177.78- 1 USD |
90 | Guyanese dollar GYD 205.69 | Guyana | GYD 205.69 – 1 USD |
91 | Pakistani rupee PKR 221.50 | Pakistan | PKR 221.50- 1 USD |
92 | Sri Lankan rupee LKR 364.50 | Sri Lanka | LKR 364.50 – 1 USD |
93 | Hungarian forint HUF | Hungary | HUF 400.21- 1USD |
94 | Comorian franc KOF | Comoros | KOF430.94 – 1 USD |
95 | Kazakh tenge KZT | Kazakhstan | KZT 464.05- 1 USD |
96 | Nigerian Naira NGN | Nigeria | NGN460.53- 1 USD |
97 | North Korean won KPW | North Korea | KPW 899.98- 1 USD |
98 | Malawian kwacha MWK | Malawi | MWK 1,011.6- 1 USD |
99 | Rwandan franc RWF | Rwanda | RWF 1,050.75- 1 USD |
100 | Myanma kyat MMF | Myanmar | MMF 1,531.78- 1 USD |
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Closing
Those are the top 100 highest currencies in the world. However, the list above is intended to provide a general idea; it may not reflect the most recent changes because currency exchange rates are never constant, but susceptible to various types of economic shocks.
The information above has been painstakingly curated using well known information sources; but even those source may experience issues such as lagging data or inaccurate inputs.
Furthermore, please note that countries whose currencies are pegged to the Dollar or GBP are left out because they offer no value; they only take up space. People who need such data may just check the exchange rates of their principal currencies instead.