Top 10 Highest Valued Currencies In The World: US Dollar, Pound, Euro Don’t Top List! What’s The Value of INR? Check List

Top 10 Highest Valued Currencies In The World: Did you know that the US dollar, said to be the most widely traded currency in the world and one that is popularly used as a reserve currency, is not the world’s highest valued currency. In fact, with a single US dollar, you can buy just 0.31 units of the world’s highest valued currency – the Kuwaiti Dinar! Even the Euro doesn’t feature in the top 5 ranks! So which are the top 10 highest valued currencies and what is the Indian rupee’s value viz. the US dollar? This ranking is based solely on the number of units of US dollar you can buy with one unit of a currency. It does not take into account what one can purchase with the 1 unit of the local currency in either country or outside. Let’s take a look:

Highest Valued Currencies In The World: Kuwait’s Dinar is the highest valued currency in the world. With 1 unit of the KWD currency, you can buy 3.27 dollars at the current exchange rate as on July 5, 2024. In rupee terms, a single unit of Kuwaiti Dinar can buy Rs 272.73. (AI image)

Bahrain’s Dinar is the second highest valued currency in the world in terms of the number of units of the US dollars it can be exchanged for. With 1 Bahraini Dinar you can get 2.65 US dollars and Rs 221.55 at the exchange rate for July 5, 2024. (AI image)

Oman’s Rial is the third highest valued currency in the world. If you have 1 unit of the Omani Rial or OMR, you can exchange it for 2.60 US dollars. Also, for 1 Omani Rial you can buy INR 216.88. (AI image)

Jordan’s Dinar currency ranks 4th in the list of top 10 highest valued currencies in the world. For a single unit of the Jordanian Dinar you can get 1.41 US dollars in exchange and INR 117.82. (AI image)

Gibraltar Pound or GIP is Gibraltar’s currency. It is pegged at par with the British Pound Sterling (GBP). A single unit of the world’s 5th highest valued currency fetches 1.28 US dollars in return and INR 106.92. (AI image)

British Pound or Britain’s pound currency is the 6ht highest valued currency in the world. For every unit of British pound the current exchange rate is approximately 1.27-1.28 US dollars and around INR 106.92. (AI image)

Cayman Island Dollar also known as KYD ranks at the 7th spot in the list of the top 10 highest valued currencies in the world. As of July 5, 2024, for a single unit of the Cayman Island Dollar, you will get 1.20 US dollars in return and INR 100.22. (AI image)

Switzerland’s Swiss Franc which also serves as the currency for Liechtenstein is also said to be among the most stable currencies in the world. In the list of world’s top 10 highest valued currencies, it ranks 8th. For a single unit of Swiss Franc or CHF you can get 1.11 US dollars in exchange and INR 93.02. (AI image)

Euro or EUR is a widely used currency in the countries of the European Union. It ranks 9th on the list – for a single Euro you can get 1.08 US dollars in exchange. For every Euro you can get 90.39 units of the Indian Rupee. (Image source: Pexels)