Price of products across the world

Price of products across the world

The Most Expensive World Currencies in 2020

How do you think what is the highest currency in the world today?Most people believe that the British Pound is the most expensive currency. But actually, it is not. There are at least a few currencies that are more valuable.

#1 – Kuwaiti Dinar ($3.24)

Currency code – KWD. Kuwaiti Dinar rates:1 KWD = 3.27 USD (Kuwaiti dinar to US dollar).1 KWD = 2.78 EUR (Kuwaiti dinar to euro). The highest currency in the world is Kuwaiti Dinar (against the US Dollar). The high value (rate) of its currency is explained by significant oil exports into the global market. Kuwait is a small country with enormous wealth. Due to the stable petroleum-based economy, highly developed oil production and export, Kuwait is considered to be one of the richest countries in the world.

3. Japanese Yen (JPY)

Currency code – JPYSymbol: ¥Nickname: Yen. Most traded currency pair: USD/JPYFun Fact: The word “yen” means “circle” or “round object” in Japanese.

#5 – British Pound Sterling ($1.23)

Currency code – GBP. British Pound Sterling rates:1 GBP = 1.31 USD (British Pound Sterling to US Dollar).1 GBP = 1.11 EUR (British Pound Sterling to Euro). Most people consider that British Pound is the strongest world currency, but it only closes the top five of this list. Symbol: £Nickname: Cable

#7 – European Euro ($1.10)

Currency Code – EUR. European Euro rate:1 EUR = 1.19 USD (European Euro to US Dollar). The Euro currency has strengthened over the past few years. Partially, its strength is explained by the fact that it is the official world currency in European countries, among which you will find several economically developed ones. Abbreviation: EURSymbol: €Nickname: Fiber

#8 – Swiss Franc ($1.03)

Currency code – CHF. Swiss Franc rates:1 CHF = 1.10 USD (Swiss Franc to US Dollar).1 CHF = 0.93 EUR (Swiss Franc to Euro). Switzerland is not only one of the richest countries in the world, but it also belongs to the most stable ones. Its banking system had long been known for its formerly resolute "Bank Secrecy". Besides, its high-tech goods are very well known all around the globe. Pay attention to how extraordinary this banknote looks. This is the only banknote I saw which has a vertical view.

#9 – US Dollar

Currency code – USD. US Dollar rate:1 USD = 0.85 EUR (US Dollar to Euro). Owing to the USA's world economic leadership, its currency achieved the title "World Reserve Currency". In other words, you can make dollar payments everywhere (in any country). Abbreviation: USDSymbol: $ or US $Nickname: Greenback

#10 – Canadian dollar ($0.72)

Currency code – CAD. Canadian dollar rates:1 CAD = 0.75 USD (Canadian dollar to US Dollar).1 CAD = 0.63 EUR (Canadian dollar to Euro). The Canadian dollar is the fifth largest reserve world currency. It is often called the "loonie" in honor of the bird depicted on the one-dollar coin.

Ukrainian Hryvnia Currency code – UAHSymbol: ₴