It is a common knowledge that value of currencies around the world
change on a regular basis. Some currencies are considered stronger than
many others. There are countries where the highest currency is not more
than 20 while there are many others where the currency’s lowest value
starts from 10000 and beyond.
One must know the values of the highest currencies in the world as this proves very helpful in multiple scenarios. When it comes to travel and tourism to any other country, it sounds simpler and easier to convert the local currency to the one that has the highest global value and then convert it to the local currency of the country where you are travelling. This assures profitable exchange rate compared to when you do so with your own country’s currency. Most of the travellers visiting Thailand, Singapore, Malaysia and similar countries from India follow this rule where they convert INR to Dollar and then get it exchanged with local currency of that particular country.
Many people believe that Dollar and Pound are the strongest currencies in the world and have great influence over the other currencies. This is not true though as there are several currencies whose conversion rates are way higher than Dollar and Pound.
List of Highest Currencies in the World
The below list will give you an idea about the top highest currency
value in the world and which exchange rate will be the most profitable.
Highest Currency in the World
In INR (in Feb 2019)
The United States Dollar
Cayman Island Dollar
10. The United States Dollar
Despite being in high demand when it comes to conversion, US Dollar
stands far behind in the list of strongest currencies in the world.
Right now, value of 1 Dollar is
equal to 71 INR and the rate keeps oscillating regularly. Dollar is a
common standard currency among international businesses especially those
who don’t belong to the gulf countries.
9. Swiss Franc
Swiss Franc or CHF is the national currency of Switzerland and
Liechtenstein. Being one of the strongest currencies in the world, Swiss Franc
is commonly used in the bank deposits where the money is transferred to
offshore accounts. This is the only currency in the world that is
unaffected by inflation.
8. Cayman Island Dollar
Cayman Island Dollar is indicated by KYD symbol and is included in the
highest currency in the world list. The value of one KYD is equal to 85
INR. Cayman Island Dollar is also one of the newest currencies in the
world and is in circulation from 1972.
Another new currency in the world, Euro is the primary currency of
European Union. Since a number of countries are a part of this union, it
works in a majority of countries of Europe. Also, it is counted in the
list of the highest currency in the world in 2018 and 2019. The value of 1 Euro is equal to 80.16 INR.
6. Gibraltar Pound
Gibraltar Pound is always mentioned on the same level with British
pounds. Being in circulation since 1934, it is one of the strongest
currencies in the world with trade value similar to USD. The value of 1
GIP is equal to 91.21 INR.
5. British Pound
Just like Gibraltar Pound, The British Pound
holds a strong value among most of the currencies in the world. Pound
is regularly used in International trade operations. Apart from United
Kingdom, British Pound is also the local currency of Ireland. Its value
is equal to Gibraltar Pound but is more commonly used in trade and
4. Jordanian Dinar
Commonly mentioned as JOD, Jordanian Dinar is one of the strongest
currencies in the world. 1 JOD is equal to 100 INR and very common among
the traders who are working in the oil industry. Compared to many other
currencies, JOD came in circulation in 1949 and soon outperformed many
other strong currencies.
3. Omani Rial
Another strong currency from the Middle East, the Omani Rial is the
third. 1 OMR value is equal to 184 INR which makes the exchange rate
very profitable among the expats living and working there. Before 1940,
Oman used to have INR as its local currency which was soon replaced by a
better stronger currency.
2. Bahraini Dinar
Bahraini Dinar or BHD is the local currency of Bahrain. Being the second
strongest currency in the world, it offers a lot of advantages to the
Indians living here as expats. The value of 1 BHD is equal to 193.60
INR. Just like Oman, INR used to be the official currency of this
country which was replaced with local banknote in 1959.
1. Kuwaiti Dinar, Highest Currency in the World
Kuwaiti Dinar holds the reputation of being the strongest currency in
the world. Abbreviated to KWD, Kuwaiti Dinar is commonly used in oil
based transactions in Middle East. KWD has the highest currency in the
world against Indian rupee as 1 Kuwaiti Dinar is equal to 240 INR. It is
also interesting to note that there is one 1 millionaire among 20
citizens of Kuwait. This is remarkable considering that Kuwait’s
population is only 3.1 million. No wonder KWD has been so strong.
Find the best exchange rates with Thomas Cook
We, at Thomas Cook offer easy currency exchange solutions. Irrespective
of the country you are visiting, we will help you find the best currency exchange rates.
You can also keep an eye on the current value of the exchange rate
through our state of the art portal where currency rates are updated in