There many countries in the world. Most of these countries have their won unique currencies. Some currencies are more powerful than others.
The power of a currency to buy in the international market is what defines its strength. The top currencies in the world include;
This is the official currency used in the state of Kuwait. It is denoted as KWD. Kuwait is one of the richest countries in the world. That is why it has a very strong currency. The Dinar’s value is approximately 3.30USD. The highest denomination currency is 20Dinars. Kuwait has the 5th largest oil reserve in the world.
The Bahraini Dinar is the second strongest currency in the world. it is denoted as BHD. This is the official currency used in the Kingdom of Bahraini. A note of 20 BHD is the biggest note. This country has a powerful currency because of its large oil reserves.
Riyal, usually denoted as OMR is the third strongest currency in the world. It is the official currency in Sultanate of Oman. One unit of this currency equal 2.6USD. the highest denomination currency is 50OMR. Again, like other Arab countries, this country gets its riches from oil and Gas. It also sells other mineral elements. Oman is a monarch state.
The Latvian Lat is the official currency used in the republic of Latvia Till. This has been the currency of this state since the year 1922. It is denoted as LVL. One LVL equals 1.61 US dollars. The highest denomination note is 500LVL.
The British Pound Sterling
This British pound sterling is denoted as GBP. It is commonly known all over the world as the pound. It is the official currency in the United Kingdom. The pound is considered to be the oldest currency in the world. One GBP is equal to approximately 1.55USD. the highest currency note is 50GBP.
The Gibraltar Pound is the currency used in Gibraltar. This is a British overseas territory. This currency was introduced in 1934. It is equal to approximately 1.53USD. The highest denomination currency is 50 Gibraltar Pounds.
European Union Euro
The Euro is the official currency in 19 state of the European union. Other states in this union are in the process of adopting this currency. It is denoted as EUR. One EUR is approximately equal to 1.10USD. The highest denomination note is 500EUR.