The Most Valuable Currencies In The World 2014


BANGALORE: The word ‘currency’ at once paints a picture of U.S. dollar in front of one’s eyes. This happens because dollar is one such currency that rules the world trade and thus it is always hog the limelight. However, did you know there are other currencies that are even more valuable than the U.S. dollar? Here are top 10 most valuable currencies of the world. They are ranked according to their value against dollar. Even though they stand to be most valuable, it does not mean that these currencies have better investment options or that it represents good economic health of a nation. These rankings are strictly based on their exchange rates, which could fluctuate easily. So, let’s check out the list below:

1. Kuwait

Currency: Dinar

One Kuwaiti dinar is $3.51=209.91

Kuwaiti Dinar is the official currency of Kuwait with a currency code of KWD. Earlier Dinar was equivalent to Pound Sterling. In 1961 for the first time dinar replaced the Gulf rupee. Kuwait’s oil export across the world is the reason behind the highest value of its currency. The value of 1 KWD= $3.51, making it the most expensive currency in the world. Not to forget, this currency has the highest banknote 20.

Read More:

Industry Presses RBI For Interest Rate Cut

Sebi Panel Suggests Revision Of Fees For Market Entities