Arrange the most expensive currency in the world – ryan

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Arrange the most expensive currencies of the world

Currencies circulating in each country are different from the otherAndThe arrangement of the most expensive currencies of the world is related to their exchange rates against the US dollar; Who is currently the most powerful global currency, and the most widely traded around the world, and thus this arrangement is subject to change based on the exchange rates of currencies against the US dollar, and the following table shows the most expensive and higher currencies of the world and according to the exchange rates for the year 2020 AD, and it is worth noting that the value of the currencies for 2021 AD is still itself, but the value of the exchange varies between Then and then:(١)

Currency

The exchange rate against the US dollar

Currency

Kuwaiti dinar

3.29

Kwd

The Bahraini dinar

2.66

BHD

The Omani riyal

2.60

OMR

Jordanian dinar

1.41

IODINE

sterling

1.32

GBP

Kayman Islands Dollars

1.22

Kyd

euro

1.11

EUR

Swiss franc

1.01

CHf

US dollar

1

USD

Canadian dollar

0.75

CAD

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Currencies circulating in each country are different from the other, andThe arrangement of the most expensive currencies of the world is related to their exchange rates against the US dollar; Who is currently the most powerful global currency, and the most widely circulated around the world, and the Kuwaiti dinar is the most expensive currency of the world at the present time, as its exchange rate against the US dollar is about $ 3.29.

The most expensive currencies of the world

The following explains The arrangement of currencies in the world 2021 according to the high value:

Kuwaiti dinar

It is considered the Kuwaiti dinar The most powerful currency in the world, which is The national and official currency in the State of Kuwait since 1961 AD,(٢) Although the State of Kuwait is considered a small country; However, it is rich in natural wealth and oil; Where the large oil exports in the global markets contribute to the high exchange rate of its currency,(١) The Central Bank of Kuwait is responsible for launching Kuwaiti currency issues for financial markets, knowing that the current release was presented in 2014, which is the sixth issue in the history of the Kuwaiti currency, as the currency of the State of Kuwait differed throughout history.، It included banknotes among the following categories:(٢)

  • 0.25 dinars.
  • 0.5 dinars.
  • 1 dinar.
  • 5 dinars.
  • 10 dinars
  • 20 dinars.

The Bahraini dinar

Trading in Bahraini dinars officially began in the State of Bahrain in 1965 AD; When it replaced the Gulf Rubia, to become the official national currency in Bahrain, and the one Bahraini dinar is formed from 1,000 fils, and it should be noted that the Bahraini dinar is currently available in financial markets within a number of categories, namely:(٣)

  • 1 fils.
  • 5 fils.
  • 10 fils.
  • 20 fils.
  • 5 dinars.
  • 10 dinars.
  • 25 dinars.
  • 50 dinars.
  • 100 dinars.
  • 500 dinars.

The Omani riyal

The currencies of Arab countries are multipleAndThe Omani riyal is the official currency in the Sultanate of Oman, and it has been put off for the first time in the financial markets in 1972 AD; As an alternative to the Saudi riyal, which was the currency used before that,(٤) The one Omani riyal consists of 1,000 baisa, and the Omani currency is available in the following categories:(٥)

  • 5 Baisa.
  • 10 Baisa.
  • 25 Baisa.
  • 50 baisa.
  • 0.5 riyals.
  • 1 riyals.
  • 5 riyals.
  • 10 riyals.
  • 20 riyals.
  • 50 riyals.

Jordanian dinar

The start of circulation in the Jordanian dinar officially in the Hashemite Kingdom of Jordan in the year 1950 AD; When it replaced the Palestinian pound, to become the national and official currency in Jordan, and the one Jordanian dinar consists of 1,000 fils or 100 piasters, knowing that the Jordanian currency is currently available within a number of categories and is as follows:(٦)

  • 5 fils.
  • 10 fils.
  • 25 fils.
  • 50 fils.
  • 100 fils.
  • 1 dinar.
  • 5 dinars.
  • 10 dinars.
  • 20 dinars.
  • 50 dinars.

sterling

It is the official and circulating currency in the United Kingdom, and in some of its places; As the British seas regions, it is also symbolized by formal symbol (£), and it is considered the oldest currency of the world; That is still used until this time.(٧)

Kayman Islands Dollars

It is the currency circulating in the Cayman Islands, and the dollar of the Kayman Islands is formed from 100 cents; Note that this currency is available within the following categories:(٨)

  • 1 cents.
  • 5 cents.
  • 10 cents.
  • 25 cents.
  • $ 1.
  • $ 5.
  • $ 10.
  • 20 dollars.
  • $ 50.
  • $ 100.

euro

It is the official currency in circulation in nineteen countries out of twenty -eight countries in the European Union, which is called the eurozone, as well as symbolized by formal code (€), and it should be noted that the euro currency is the second most traded currency around the world, and the second largest global reserve currency after the US dollar.(٩)

Swiss franc

It is the official currency of Switzerland, and it is characterized as a difficult and safe stable currency; It is usually purchased in financial markets due to its stability and reliability.(٩)

Canadian dollar

It is the official currency in the state of Canada since 1871 AD; When the Canadian Parliament issued a law whereby the Canadian dollar was approved as an official unified currency in the country, and it is also referred to the formal symbol (C $); To distinguish between him and the US dollar ($).(١٠)

The currencies are in the Arab world and the world, and there are many currencies that are classified as the most expensive currencies of the world due to their strength against the US dollar, and the most important of them; The Kuwaiti dinar, the Bahraini dinar, the Omani riyal, the Jordanian dinar, the sterling pound, the Kayman Islands, the euro, and the Swiss franc, followed by the Canadian dollar.

The world’s lowest currencies

It is difficult to arrange the lowest valuable world currencies against their exchange rate in US dollars, a clear arrangement; Given the volatility of the economic conditions in the countries that adopt the use of these currencies and their instability, however it is possible to consider the following currencies the cheapest currencies at the present time against the US dollar; This is according to the statistics of the middle of 2020 AD, and it is worth noting that the value of the currencies is still itself for 2021:(١١)

  • Iranian riyal: The US dollar is equivalent to approximately 220,200 Iranian riyals, which is The cheapest currency in the world 2021.
  • Venezuelan Bolivar: The US dollar is equal to approximately 206,522 Bolivar.
  • Vietnamese Dong: The US dollar is equal to approximately 23,260 Dong Vietnamese.
  • Indonesian rupee: The US dollar is equal to approximately 14,786 Indonesian rupees.
  • Uzbek Somme: The US dollar is equivalent to approximately 10,134 Uzbekistan Somme.
  • Lyon Sierraioni: The US dollar is equivalent to approximately 9,779 Leon Sierraioni.
  • Guinean franc: The US dollar is equivalent to approximately 9,414 guinea francs.
  • Cape Leoy: The US dollar is equal to approximately 9,001 Cape Levi.
  • Gharani Paraguay: Equal the US dollar is approximately 6,583 Paraguay.
  • Cambodian riyal: The US dollar is equal to approximately 4,103 SAR.

the reviewer

  1. ^ A for Richard Perry (1-3-2020), “The Most Traded Currencies in The World – List of Currencies”، www.eaglesinvestors.comRetrieved 25-7-2020. Edited.
  2. ^ A for “Monetary Papers – Introduction”، www.cbk.gov.kwBring it on 7-25-2020. Exclusive.
  3. ↑ JAMES CHEN (18-9-2019), “BHD (Blessed Blonnies)”، www.investopedia.comRetrieved 25-7-2020. Edited.
  4. ↑ “Omani criticism”، www.cbo.gov.omBring it on 7-25-2020. Exclusive.
  5. ↑ “Money and Costs”, www.lonelyplanet.comRetrieved 25-7-2020. Edited.
  6. ↑ ” Jordanian Currency-Intodruction”, www.cbj.gov.joRetrieved 25-7-2020. Edited.
  7. ↑ “GBP”, www.investopedia.comRetrieved 25-7-2020. Edited.
  8. ↑ “KYD – Caymanian Dollar”, www.xe.comRetrieved 25-7-2020. Edited.
  9. ^ A for Will Hall-Smith, “What are the top 10 most traded currencies in the world?”، www.ig.comRetrieved 26-7-2020. Edited.
  10. ↑ Benjamin Elisha Sawe (25-4-2017), “Who’s on Canadian Money?”، www.worldatlas.comRetrieved 21-7-2020. Edited.
  11. ↑ “The Weakest World Currencies in 2020”, www.fxssi.com,19-5-2020، Retrieved 25-7-2020. Edited.