The world's highest dollar value: Account details for the year 2568

In the global economy with over 180 countries, each country’s currency has a different value. Some countries have relatively weak currencies, while others have strong and highly valued currencies. For those interested in studying the strength of foreign currencies, the characteristic that determines a currency’s strength is the amount of other currencies that can be exchanged for one unit of that currency, known as the exchange rate.

This article will summarize and evaluate the 10 strongest and most expensive currencies in the global market, covering leading oil-producing countries and major economic powers.

Today’s Spotlight: Which Currency is the Strongest?

No. 1: Kuwaiti Dinar - Leader in Currency Rankings

The Kuwaiti Dinar (KWD) ranks first with an exchange rate of 1 KWD = 3.26 USD. This is due to a robust economy driven by the oil industry.

The history of this currency dates back to 1961 when Kuwait stopped using the Gulf Rupee and decided to adopt the Dinar instead. Initially, the Dinar was pegged to the British Pound at 1 unit. However, this peg was later replaced by a currency basket system (Currency Basket), linking the currency to multiple foreign currencies.

Economically, Kuwait produces about 3 million barrels of oil per day, making it the 10th largest oil producer in the world. Export revenues from oil have been converted into massive foreign exchange reserves. Additionally, Kuwait’s GDP per capita exceeds $20,000 annually, and the country maintains a continuous current account surplus.

No. 2: Bahraini Dinar - Stability from a Diversified Economy

The Bahraini Dinar (BHD) ranks second with an exchange rate of 1 BHD = 2.65 USD. Its history is similar to Kuwait’s, having been introduced in 1960 to replace the Gulf Rupee.

Initially, 1 BHD was equal to ¾ of a Pound Sterling. Today, the Bahraini Dinar has been pegged to the US dollar since 2001 ###USD( at 1 BHD = 2.65 USD.

Bahrain’s economy still relies on oil exports. Although it is not as large an oil producer as Kuwait, Bahrain has developed a diversified economy and a stable financial center. The country’s GDP per capita exceeds $20,000, with an inflation rate of only 0.8%.

) No. 3: Omani Rial - Power from Land and Resources

The Omani Rial (OMR) ranks third with an exchange rate of 1 OMR = 2.60 USD.

Oman has pegged its Rial to the US dollar since 1976. Initially, the exchange rate was 1 OMR = 2.895 USD, but it was soon adjusted to 1 OMR = 2.60 USD.

In terms of production, Oman is the 21st largest oil producer, producing 1 million barrels per day. These exports stabilize the economy and strengthen the currency. Oman’s economic growth rate ###4.1% YoY( reflects healthy expansion, and the country’s current account remains in surplus.

) No. 4: Jordanian Dinar - Strong Currency from Pegging

The Jordanian Dinar (JOD) has an exchange rate of 1 JOD = 1.41 USD, making it the fourth strongest currency globally.

Jordan adopted the Dinar when it incorporated the West Bank into its territory, replacing the original Palestinian currency. The Dinar has always been pegged to the US dollar.

Although Jordan’s oil revenues are lower than neighboring countries, its economy remains relatively stable. The growth rate (2.7% YoY) and GDP per capita ($3,891 per year) are modest compared to other nations. Nonetheless, Jordan maintains international reserves of $13.533 billion ###as of the end of 2023(.

) No. 5: Pound Sterling - Value from History and Economy

The Pound Sterling (GBP) of the United Kingdom ranks fifth, with an exchange rate of 1 GBP = 1.33 USD.

The UK has used the Pound since Anglo-Saxon times. In medieval times, the Pound was backed by silver (Silver) until the UK exhausted its silver reserves, after which it adopted the Gold Standard ###Gold Standard(. Other countries followed suit. By the late 19th century, the Pound was convertible into various currencies, such as $4.87 USD, $4.87 CAD, and 9.46 Rubles, among others.

Today, the Pound floats freely. The UK’s economy ranks sixth globally, accounting for 3% of the world’s GDP. London is recognized as a major financial hub, and the UK’s tech sector is valued at over $1 billion. Therefore, the Pound is supported by a strong economic foundation.

) No. 6: Gibraltar Pound - Stability from Pegging to Pound Sterling

The Gibraltar Pound (GIP) is the currency of Gibraltar, a British Overseas Territory located on the Iberian Peninsula. The exchange rate is 1 GIP = 1.33 USD ###2025(.

The Gibraltar Pound has been in use since 1934, issued by the Gibraltar government. It is pegged 1:1 to the Pound Sterling, meaning 1 GIP = 1 GBP, ensuring stability similar to the Pound.

Gibraltar has strong financial laws, low taxes, and is a key hub for online gaming, shipping, and financial services. Although GIP’s international use is limited, it remains a symbol of Gibraltar’s economic independence and self-governance.

) No. 7: Swiss Franc - Enduring Security

The Swiss Franc (CHF) ranks seventh, with an exchange rate of 1 CHF = 1.21 USD.

The Swiss Franc was first introduced in the 18th century, initially backed by silver (Silver) until it became a popular medium of exchange, replacing various local currencies. It was originally linked to the French Franc.

Known as a “Safe Haven” ###Safe Asset(, the Swiss Franc is backed by a minimum of 40% gold reserves. During the World Wars, Switzerland became a refuge for global assets, making the Franc one of the most influential currencies in the world’s financial system. It is also weighted in the US dollar index basket.

) No. 8: Cayman Islands Dollar - International Financial Center

The Cayman Islands Dollar ###KYD( has an exchange rate of 1 KYD = 1.20 USD, ranking eighth.

This currency is the official currency of the Cayman Islands, a British Overseas Territory in the Caribbean. It was introduced in 1972 to replace the Jamaican dollar and is pegged 1 KYD = 1.20 USD.

The Cayman Islands is a globally recognized offshore financial center. KYD is used domestically, while the US dollar is widely accepted. The strength of KYD reflects a stable financial system, low taxes, and reliance on tourism, finance, and international services.

) No. 9: Euro - Major Reserve Currency

The Euro (EUR) has an exchange rate of 1 EUR = 1.13 USD, ranking ninth. Introduced in 1999, the Euro is used by 20 of the 27 European Union member states in the Eurozone.

In its first three years, the Euro was valued below the US dollar, but later appreciated and reached a peak in 2008, when 1 EUR could be exchanged for 1.6 USD.

The Euro is vital to the global economy, serving as a reserve currency for the International Monetary Fund (IMF), accounting for 29.31% of Special Drawing Rights (SDR). It is also the second most-used international reserve currency after the USD, comprising 19.58% of global foreign exchange reserves.

Summary Table of the World’s Strongest Currencies

Conclusion: Making Smart Currency Choices

As seen above, the strongest currencies in 2025 are diverse, ranging from resource-rich oil-exporting nations to major economic powers.

However, currency strength is not solely determined by its value. Individuals and institutions considering holding a currency should also consider factors such as government credibility and stability, economic capacity, inflation rates, and political risks.

Each of these currencies has its own strengths. The Middle Eastern Dinars are supported by natural resources, European Pounds are backed by a mature economy, and the Euro demonstrates strength through regional cooperation.

Therefore, choosing currencies for investment or asset management should be tailored to individual circumstances and strategic considerations.