Quick Answer: What Is The Strongest Currency In The World 2019?

Which is the fastest growing currency?

The Swiss franc, the Canadian dollar, the Australian and New Zealand dollars, and the South African rand round out the list of top tradable currencies.U.S.

Dollar (USD) …

European Euro (EUR) …

3.

Japanese Yen (JPY).

British Pound (GBP) …

Swiss Franc (CHF) …

Canadian Dollar (CAD) …

Australian/New Zealand Dollar (AUD/NZD)More items…•.

How many US dollars is 100 trillion Zimbabwe dollars?

Zimbabwe’s central bank allowed its citizens to exchange the country’s almost worthless currency for US dollars. Its 100-trillion-dollar note is worth just 40 U.S. cents.

What is the weakest currency in Africa?

Sao Tome And Principe Dobra is the weakest currency in Africa in 2020. It is noted to be the smallest country in Africa. It is classified as the weakest currency based on the exchange rate to the dollar and its purchasing power.

What country is US dollar worth the most?

11 countries where the dollar is strongArgentina. Places where the dollar goes far are also the most beautiful! … Egypt. Rent and food costs in Egypt are so low you may not believe it at first. … Mexico. We hear this one all the time. … Vietnam. … Peru. … Costa Rica. … Canada. … Puerto Rico.More items…•

What is the best performing currency in the world?

The Best Performing Currencies Of The World In 2019Indian Rupee. The Indian rupee started the year at 69.6 per US dollar, which was a marked improvement from last year’s low of around 74 per USD. … Philippine Peso. … Japanese Yen. … Russian Rouble. … Egyptian Pound (EGP) … US Dollar. … Effects of Currency Performance.

What is the weakest currency in the world 2019?

World’s Weakest Currencies 2019#1 Iranian Rial [1 USD = 42,105 IRR]#2 Vietnamese Dong [1 USD = 23,208.50 VND]#3 Indonesian Rupiah [1 USD = 14,114.95 IDR]#4 Sierra Leonean Leone [1 USD = 9,500 SLL]#5 Uzbekistani Som [1 USD = 9,400 UZS]#6 Guinean Franc [1 USD = 9,230 GNF]#7 Laotian Kip [1 USD = 8,795 LAK]More items…•

What is the safest currency?

The Norwegian krone has been known as a safe currency, thanks in large part to Norway having no net debt. The Norwegian krone is also a standalone currency which means it’s not tied to another country’s failures.

Which country has lowest money value?

Iranian RialThe Iranian Rial is the least valued currency in the world.

What is the most expensive currency?

Kuwaiti Dinar1. Kuwaiti Dinar. Although the State of Kuwait is also a relatively small country, it has the most expensive currency in the world, the Kuwaiti Dinar (KWD) currently being worth $3.31 USD. Its economy is based primarily on petroleum which covers almost half of the GDP and no less that 94% of the export revenues.

Why is Kuwait currency so high?

Indian expat community is very strong in Kuwait, hence the reason for being a popular currency pair. Kuwaiti Dinar has been the highest currency of the world for a while now because of the oil rich country’s economic stability. … Bahrain attracts expats from all over the globe because of the highest currency value.

Why is GBP so strong?

The demands for these products are constantly high, and so the pound is always on an incline. With Britain’s inflation rate lower than many countries, its purchasing power is therefore higher. This is one reason why the pound exchange rate is strong and why it almost always is.

Which country money value is less than India?

The currency value of Algeria is lower than Indian rupee with 1 Rupee equaling 1.63 Algerian Dinars.

What is the weakest currency in the world 2020?

TOP 10 – The Weakest World Currencies in 2020#1 – Venezuelan Sovereign Bolívar (319,435 VES/USD)#2 – Iranian Rial (~244,000 IRR/USD)#3 – Vietnamese Dong (23,170 VND/USD)#4 – Indonesian Rupiah (14,587 IDR/USD)#5 – Uzbek Sum (10,266 UZS/USD)#6 – Sierra Leonean Leone (9,889 SLL/USD)#7 – Guinean Franc (9,661 GNF/USD)#8 – Lao or Laotian Kip (9,113 LAK/USD)More items…•

Which country has the safest currency and why?

“The best safe haven currency,” analysts at banking giant HSBC wrote in a research note this month, is Norway’s. According to HSBC’s reading, right now the Norwegian krone is “probably the best currency in the world.”