The Most Valuable Currencies In The World 2014


6. European Union countries

Currency: Euro

One euro is $1.33=79.22

The Euro is the official currency of the eurozone that includes 25 member states located in Europe.  Its Central Bank is ‘European Central Bank’ that uses Euro. Its currency code is EUR and its currency sign is €. Euro is subdivided into 100 cents and is one of the famous currencies that hold international standard for trading in global market after U.S. dollar. It is also used in foreign exchange market. Euro was officially introduced in 1999 and is considered as the second largest reserve currency. Besides, Euro is the second most traded currency in the world with the highest bank note of 500.

7. Azerbaijan

Currency: Manat

One euro is $1.27=75.74

The largest country in the Caucasus region located at the crossroads of Western Asia and Eastern Europe, Azerbaijan’s currency is one of the most expensive in the world. The Manat, currenyc code AZN, is the currency of Azerbaijan. It is sub

The word manat is borrowed from the Russian word "moneta", which means coin.. Azerbaijan is considered as the country with low rate of unemployment, high literacy and good economic development. Earlier in between year 1919 and year 1923, Azerbaijan Democratic Republic issued their own currency, since 1919 it is believed that the country had three currencies but they issued the latest currency in 2006. It has the highest banknote of 100.

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