Top 15 Most Expensive Currencies of the World – December 2017
When you hear the phrase Top 15 Most Expensive Currencies of the world, the first currency that comes to your mind is US Dollar. But US Dollar or Euro or GBP are no longer among the Top 15 Most Expensive Currencies of the world. Let us find out which is the most expensive currency in the world. And you will be surprised to note: most of the currencies in this list are not of Western Business powerhouses but relatively unknown Middle-Eastern Countries.
Let us take you through the list of Top 15 Most Expensive Currencies of the world in 2017:
Top 15 Most Expensive Currencies as of December 18, 2017
Top 15 Most Expensive Currencies of the world:
15) New Zealand Dollar: NZD
14) Singapore Dollar: SGD
13) Libyan Dinar: LYD
12) Canadian Dollar: CAD
11) Australian Dollar: AUD
10) US Dollar: USD
9) Switzerland: Swiss Franc
8) European Union: Euro
7) Cayman Island: KYD
6) Gibraltar: GIP
5) United Kingdom: GBP
4) Jordan: JOD
3) Oman: OMR
2) Bahrain: BHD
1) Kuwait: KWD
Brief Description of The top 15 Most Expensive Currencies of The world
15) New Zealand Dollar: NZD
Most popular tourist and studies destination for Asians in last few years. NZD is getting stronger and stronger. One NZD is equal to 0.699684USD
14) Singapore Dollar: SGD
The currency of Singapore. A very popular currency in terms of exchanges and trade. One SGD is equal to 0.730102USD
13) Libyan Dinar: LYD
Despite the turbulent events of last few years in Libya, Libyan Dollar is still very strong. One LYD is equal to 0.730102USD
12) Canadian Dollar: CAD
Nicknamed Loonie, CAD is one the most expensive currencies of the world. Canada is a popular tourist destination and an ideal place for many people to immigrate to. Hence, a lot of it is exchanged in Asia. One CAD is equal to 0.777045USD
11) Australian Dollar: AUD
Nicknamed Buck or Dough, the Australian Dollar is the currency of Australia. One of the most stable and popular currencies. Exchanging 1 AUD will get you 0.766642USD
10) US Dollar: USD
The World’s business currency, hence the most powerful and popular. Exchanging one USD will get you 0.000792679XAU (Gold Ounce)
9) Switzerland: Swiss Franc
There is no surprise at all when Switzerland makes its entry in any list that has positive connotations to it. Switzerland even though part of European Union uses its own currency called Franc like the UK. And exchanging 1 Franc will get you 1.01421 Dollars or around 1.
8) European Union: Euro
Not a country but a bloc of nations and when nations come together for trade and other purposes, the economy is bound to be stronger and the value of the currency is high. European Union’s currency Euro which is used in 26 European nations will get you 1.17835USD for every 1 euro exchanged. A currency that you would like to have.
7) Cayman Island: KYD
Another surprise entry to this list. But Cayman Island is economically very stable. Exchanging 1 Cayman Island Dollar-which is their currency will get you 1.21951 in USD.
6) Gibraltar: GIP
Another surprise entry in this list. This African nation has a very high valued currency that not many of us are aware of. 1 Gibraltar is equal to 1.33820USD
5) United Kingdom: GBP
Now this name won’t surprise many. An erstwhile world power who still holds a sway in the world has a very useful and high valued currency. One British pound, when exchanged, gets you around 1.33854USD.
4) Jordan: JOD
Another middle-eastern country. Rich in Oil and hence a rich economy and a highly valued currency. Exchanging one Jordanian currency will get you 1.41044USD
3) Oman: OMR
Another Middle-Eastern country with high valued currency. For every Omani Rial exchanged you get around 2.60078USD
2) Bahrain: BHD
Many would be surprised to see Bahrain in the list but Bahraini Dinar is the second most valued currency in the world. For every Bahraini Dinar exchanged you get up to 2.65957USD. (The currency exchange rates fluctuate a lot)
1) Kuwait: KWD
An oil rich country located in the middle-east, Kuwait has the highest valued currency in the world currently. The currency is called Kuwait Dinar and for exchanging a single Dinar you’ll get around 3.30952USD.
