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Top10 Strongest Currencies in the World 2020


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Let's begain with the list of world's 10 strongest currencies compare against the currency - the US dollar (USD) because US doller is widely used in online transictions.

One US Doller is equal to 71.19 Indian Rupee




#1 Kuwaiti Dinar [1 KWD = 3.29 USD]

Kuwaiti Dinar

Kuwati Dinar is a official currency of kuwait city. The kuwati dinar is the worlds strongest currency.Kuwait has a GDP (PPP) of 167.9 billion USD and per capita income of 81,800 USD. The kuwaiti dinar was introduce in 1961 in the market, to replace Gulf rupee.




#2 Bahraini Dinar [1 BHD = 2.65 USD]

Bahraini Dinar

It is the currency of bahrain and also it is devided into 1000files. Bahrain is located at island nation in the Arabian Gulf near Saudi Arabia. In 1965 the Gulf Rupee was replaced by Bahraini Dinar. The name of this currency derives from the Roman denarius.




#3 Omani Rial [1 OMR = 2.60 USD]

Omani Rial

Omani rial is the national currency of oman. Rial notes are range from 1 OMR to 50 OMR. Baisas are also available in the notes denominations of 100 and 500 with 1,000 Baisa equating to One Rial.




#4 Jordanian Dinar [1 JOD = 1.41 USD]

jordanian Dinar

Jordanian Dinar is the currency of Jordan. Division of the dinar is in the unit of 100 qirshes, and 1000 fulus. Thes currency is used in the jordan since 1950. Before jordanian Dinar the official currency of the jordan was palestine pound.




#5 Pound Sterling [1 GBP = 1.26 USD]

Pound Sterling

Pound Sterling is commonly known as pound and less commenly refered to as sterling. It is the official currency of United Kingdom. It is sub-devided into 100 pence. It is the oldest currency in the countinously use. Pound is the 4th most-traded currency in the forigen exchange market.




#6 Cayman Islands Dollar [1 KYD = 1.20 USD]

Cayman Islands Dollar

KYD is the short-form of the Cayman Islands Dollar, currency that replaced the former island currency the Jamaican dollars in 1972. The KYD is made up of coins which were mineted by Worlds Coin Corporation. The KYD is in the domination of 1cent, 5cent, 25cent, 50cent and 100 dollers as well as coins.




#7 Euro [1 EUR = 1.12 USD]

euro

Euro is the new and one only currency of the European Monetary Union, which was adopted in 1 jan 1999 by 11 member state and also Greece become the 12th member to use Euro in 1 jan 2001. These 12 countries are officially used the currency in banknotes and coins as legal tander.




#8 Swiss Franc [1 CHF = 1 USD]

Swiss Franc

Swiss Franc aka CHF is the only official currency used in the Switzerland. It is the only currency addepted everywhere. It has also legal tander in the Italian exclave of Campione d'Italia. The swiss national bank make banknotes and faderal mint makes coins.




#9 US Dollar (USD)

US Dollar

The united state doller aka us doller is made up of 100cent. The US doller considerd as the benchmark of the currencies. It has 5, 1, 10, 50, 20, 100 dollres of banknotes and also it is the most-used currency for transactions in the world. The Coinage Act of 1792 created a decimal currency by creating the coins like tenth doller , hunderd doller , twenty doller etc.




#10 Canadian Dollar [1 CAD = .74 USD]

Canadian Dollar

The Canadian Dollar aka CAD is the official currency of canada. It is known by the doller sign($) or sometimes CA$. It is also divided into 100cents. It has image of loon on their one doller coin, the currency is sometime refered as loonien by english speaking canadians.