Top 10 Most Expensive Currencies in the World the rise and crashing of currencies have become a rampant factor in many countries. Currencies are used to determine the health of a country.Though despite the rate of fluctuations of currencies, some still maintain there place in the top 10 most expensive currencies in the world.
Most expensive currencies in the world..
Top 10 Most Expensive Currencies in the World
Oil-rich Kuwait is a tiny country nestling at the top of the Gulf. The country’s currency Kuwait Dinar is the most expensive currency in the world.
1 kuwait Dinar ==> 3.29 us dollars
1 Kuwait Dinar==> 1005.17 naira
Bahrain – which name means “two seas” – was one of the first states in the Gulf to discover oil and to build a refinery. The country has been at the center of major trade routes since antiquity, hence making the currency High rated.
1 Bahrain Dinar ==> 2.65 us dollars
1 Bahrain Dinar ==> 811.41 Nigerian Naira
The oldest independent state in the Arab world, Oman is one of the more traditional countries in the Gulf region and was, until the 1970s, one of the most isolated.
1 Oman rial ==> 2.60 US Dollar
1 Oman rial ==>794.44 Nigerian Naira
The lat is a stable currency and has not seen much fluctuation in the past two years. The currency had a spread of 4 cents year-on-year, reaffirming Latvia’s style of monetary management. The lat has gained strength after a decade of transitioning out of an economic crisis that occurred in the 1990s. Latvia has adopted the euro since entering the European Union, but the lat is still in circulation and trades on forex markets.
1 Latvian lat ==>1.61 US Dollar
1 Latvian lat ==>492.95 Nigerian Naira
JOD – Jordanian Dinar. The Jordanian Dinar is the currency of Jordan.
1 JOD ==>1.41 US Dollar
1 JOD ==>443.62 Nigerian Naira
The United Kingdom is a state made up of the historic countries of England, Wales and Scotland, as well as Northern Ireland. It is known as the home of both modern parliamentary democracy and the Industrial Revolution. There currency GBP is no doubt highly rated.
1 GBP ==>1.29 US Dollar
1 GBP ==>394.95 Nigerian Naira
7_ Cayman islands dollar
The Cayman Islands Dollar (currency code KYD) is the currency of the Cayman Islands. It is abbreviated with the dollar sign $, or alternatively CI$ to distinguish it from other dollar-denominated currencies. It is subdivided into 100 cents.
1 KYD ==>1.22 US Dollar
1 KYD ==>383.88 Nigerian Naira
The euro (sign: €; code: EUR) is the official currency of the eurozone, which consists of 19 of the 28 member states of the European Union: Austria, Belgium, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, the Netherlands, Portugal, Slovakia, Slovenia, and Spain. The currency is also officially used by the institutions of the European Union and four other European countries,
1 Euro ==>1.09 US Dollar
1 Euro ==>333.87 Nigerian Naira
Switzerland is one of the world’s top tax havens. This identity means the country has one of the most secretive banking sectors.
1 swiss Franc ==>1.01 US Dollar
1 Swiss franc ==308.87 Nigerian Naira
The United States dollar (sign: $; code: USD; also abbreviated US$ and referred to as thedollar, U.S. dollar, or American dollar) is the official currency of the United States and it’s insular territories per the United States Constitution. It is divided into 100 smaller cent (¢) units.
1 us dollars ==>314.75 Nigerian Naira