The Jordanian dinar entered circulation in 1950 and is pegged to the dollar. The Jordanian dinar is the fourth-strongest currency in the world, with 1 dinar buying 1.41 dollars (or $1 equals 0.71 Jordanian dinar). The Bahraini dinar is the second-strongest currency in the world, with 1 dinar buying 2.65 dollars (or $1 equals 0.38 Bahraini dinar). The Kuwaiti dinar is the strongest currency in the world, with 1 dinar buying 3.26 dollars (or, put another way, $1 equals 0.31 Kuwaiti dinar). Bahrain is an island nation in the Persian Gulf off the coast of Saudi Arabia. The Bahraini dinar entered circulation in 1965 and is pegged to the U.S. dollar.

The Omani rial is pegged at a rate of 2.597 USD against the US dollar, experiencing minimal fluctuations. Oman enjoys more flexible currency regulations compared to other countries in the region, contributing to the stability and value of its currency. The Bahraini dinar is pegged to the US dollar, which helps maintain its stability with minimal fluctuations. While the BHD is widely recognized internationally, it is primarily used within Bahrain due to the country’s lack of currency restrictions, allowing for unrestricted capital flow. However, despite its widespread use, the US dollar is not the most expensive currency among the 180+ traditional fiat currencies recognized as legal tender worldwide. A fiat currency is any form of money whose value is not backed by a physical commodity like gold or silver.

Guide to Kuwait

The US dollar gained its total dominance after the World War I after it replaced the pound sterling as the primary reserve currency of the world. The Swiss franc (CHF) serves as the official currency for both Liechtenstein and Switzerland. Renowned for its stability and status as a safe haven, the Swiss franc is considered one of the strongest currencies in the world and a prominent reserve currency. In the global economy, currencies are vital because they represent the power and stability of the nation’s using them. They serve as indicators of a country’s economic health and governance, and tools for international trade and finance. A strong currency is one that is highly valued compared to others in the international market.

Jordanian dinar

Adding smaller currencies to a larger portfolio can diversify it, gaining exposure to different economies and reducing reliance on the US dollar, for example. There may also be unique opportunities found in smaller currencies, which may react more strongly to specific global or regional economic events. Minor currency pairs have fewer participants, allowing traders to exploit inefficiencies. Emerging market currencies can allow traders to benefit from long-term growth prospects, like the currency appreciation of a developing economy. The South Korean Won is the official currency of South Korea and is the tenth most widely used currency in the world.

Turning currency knowledge into financial action

• Renowned for its stability and status as a safe haven, the Swiss franc is considered one of the strongest currencies in the world and a prominent reserve currency.
• A higher exchange rate suggests that a currency is stronger compared to the other.
• For traders, these currencies stand out with their deep liquidity and stability, offering lower risk.

This currency is issued by the Central Bank of Libya, and traders frequently exchange it for USD Der dow or EUR. Additionally, Kuwait’s economy is stronger as a result of a number of variables, which accounts for the high value of the KWD. Despite the KWD’s higher value, the US dollar is more often used for a variety of reasons. These were a some of the factors that contributed to this currency making it to this list. The Japanese yen is the primarily used in Japan and it is issued and regulated by the Bank of Japan which is the central bank.

Cayman Islands dollar (KYD)

Lower liquidity can lead to wider bid-ask spreads, and a higher transaction cost. Slippage can lead to difficulty entering and exiting trades at desired prices. A lack of information can make it harder for traders to make informed decisions also, leaving them open to risk of sudden price swings and larger losses. Major currencies overall are influenced by economic data and news that is transparent to all.

• The total transaction value in the US dollar stood at 60.08% as of December 2024.
• Other factors contributing to the dinar’s success include the actions of Jordan’s central bank, which has taken a cautious approach to monetary and fiscal policy.
• The Japanese yen is the primarily used in Japan and it is issued and regulated by the Bank of Japan which is the central bank.
• The Swiss franc (CHF) serves as the official currency for both Liechtenstein and Switzerland.

The top 10 strongest currencies in the world (

It utilizes a hybrid proof-of-stake and proof-of-history mechanism to process transactions quickly and securely. The platform is powered by its native token, SOL, which is integral to its operations. And if you’re interested in what the weakest global currencies in the world are, check out our article below. Switzerland is a landlocked country, which borders France, Germany, Italy, Austria, and Liechtenstein.

It is typically supported by a stable economy and is in high demand for foreign investment and trade. While the UN recognizes 180 different currencies as legal tender, a currency’s usage and popularity don’t always correlate with its strength or economic value. You might be surprised not to see the dollar higher up the list, as it is by far the most traded currency on the planet. The dollar is used to price commodities, and it’s also one of the world’s largest reserve currencies. There are lots of factors which can push a currency up the global rankings, from low inflation to a strong economy, to interest rates or oil and gas exports.

The currency is ranked the 5th most traded in the world foreign exchange Markets. Pound sterling is the oldest currency in use, having been introduced in c.800; over 1200 years ago. Pound sterling is ranked the 4th most traded in the foreign exchange market. Pound sterling forms part of the currencies used by the International Monetary Fund (IMF) for units of account. The value of the British pound relative to other major currencies fluctuates based on factors such as interest rates, inflation, economic indicators, and geopolitical events. The Bank of England, established in 1694, is responsible for issuing and regulating the pound and implementing monetary policy to manage inflation and ensure financial stability.

Issuedby the Reserve Bank of New Zealand, it contributes to an average volume ofUS$68 billion per day. The U.S. is the world’s largest economy by GDP, and the U.S. dollar is the most traded currency globally. The Tunisian dinar is the strongest currency in Africa in 2024 and the beginning of 2025, followed by the Libyan dinar and the Moroccan dirham. The Tunisian dinar’s value is supported by a stable economic policy, controlled inflation, and robust trade relations with Europe.

The Euro (EUR) is the official currency of the eurozone, which comprises most European Union (EU) member nations. As the second most widely held reserve currency after the US dollar, the euro is one of the strongest currencies in the world and a key global reserve asset. The Swiss National Bank (SNB) has also occasionally pegged the franc to the euro to ensure stability.

There are estimated to be around 180 world currencies that are legal tender globally, according to the United Nations. The Euro is the official currency of the Eurozone, which consists of 19 of the 27 European Union member states. The Euro is the second most widely used currency in the world, and it is commonly used in international trade and finance. The stability and economic strength of the Eurozone, as well as the large size of its economy, contribute to the popularity of the Euro.

However, the number of currencies actually in circulation across the globe is slightly fewer, at around 164. This is because various countries use foreign currencies, or use more than one currency in circulation. Among all the currencies, only a few dominate in the business of trading, acting as a measure of economic strength and stability. These particular currencies facilitate international trade, and are a benchmark of international economic health. In finance, the foreign exchange market is the biggest and most liquid financial market, with volumes of over $7.5 trillion daily.

There are currencies that are so dominant that they are used as official exchange currency by more than one country. Noteworthy also is that the value of all currencies are not the same in the world economy. Various countries usually have their currency pegged at another stronger currency because of its world’s recognition, access and dominance to the world economy. Delve into the top 10 strongest currencies in the world as of September 2025, and discover the factors that impact currency strength.

This makes it easy to move and travel between countries, although it is more difficult for citizens of non-member states such as the UK. While the pound may have experienced volatility over the last few years, it remains one of the most popularly traded currencies. Its strength and resilience is partly down to the UK’s reputation as one of the world’s biggest countries by Gross Domestic Product (GDP). A 25% tariffs has already been imposed on Mexico and Canada in exchange of securing the US border. In addition, Trump also imposed 10% tariffs on China but the Xi Jinping administration retailed with 15% tariffs on coal and gas imports from the US. Local currencies are facing the heat after Trump reclaimed the White House as the US dollar is strengthening.

And for businesses that trade internationally, there’s even a dedicated Wise Business account. Major pairs like EUR/USD, USD/JPY are highly liquid, allowing traders to buy or sell large amounts without significantly affecting the price. Here, weshare the top ten most traded currencies, which account for nearly 90% of alltrades.

Identifying the strongest and most expensive currency in the world requires a thorough analysis of various national and international factors. To determine where GBP is worth the most, you would typically look at exchange rates against other currencies. But remember that exchange rates fluctuate constantly based on factors such as economic conditions, interest rates and geopolitical events. However, the strength of a currency is determined by complex factors, including supply and demand in the foreign exchange market. The euro (EUR) is one of the world’s major reserve currencies, whose value is influenced by a large number of variable factors.