Even though the world has the highest turnover in the world, America is truly a coin on this front. At the same time, there are some currency in the world, in front of which the dollar also fills water. Yes, this currency is more expensive than dollars in terms of value. There are also some currency, which you will have to spend more than $ 3 to take. By the way, you will also know the names of some. In which the name of euro and pound can be easily taken. The value of these two is more than the dollar. To achieve them, you have to spend more than one dollar. Let us also tell you which currency are in the match against the dollar, in front of whose strength American currency also bows down.
The world’s currency who are more powerful than dollars
- Kuwaiti Dinar: KWD is the national currency of Kuwait. Also, due to tax -free economy and huge oil reserve, this currency has the strongest currency status in the world. Kuwait is one of the richest countries in the world by per capita GDP. The special thing is that you will spend US $ 3.27 to get a Kuwaiti dinar.
- Bahini Dinar: BHD is the official currency of Bahrain, which is an island located in the Persian Gulf, away from the coast of Saudi Arabia. Like Kuwait, its strength comes from its huge oil wealth. Its inflation is low and economy is strong. With political stability, it is a very strong currency. The value of a deafer dinar is equal to US $ 2.65.
- Omani riyal: Oman, between the United Arab Emirates (UAE) and Yemen, is located at the end of the Arabian Peninsula. Like its neighboring countries and other countries included in this list, it is a major exporter of gas and oil. Since there is a lot of demand for these products around the world, there is a lot of investment in this currency, due to which the value of this currency increases. You will have to spend US $ 2.60 for an Omani Real.
- Jordanian Dinar: Jod came into circulation in the 1950s and became the national currency of the middle East country Jordan. Jod is connected to the US dollar, rather than dependent on Jordan’s economy. This increases direct investment in Jordan and that is why it is such a strong currency – because the US dollar is strong. This engagement has proved beneficial for Jod, as the country’s political system is unstable and the economy is stable. You have to spend US $ 1.41 to get a Jordanian dinar.
- British Pound : The British pound sterling has been in circulation since the 15th century, due to which it is the oldest and still prevalent currency in the world. It is stronger than the US dollar for some reasons – it has kept its interest rates stable to a great extent since 2023, has also crossed GDP growth targets and strengthened the perception of investors in the pounds. To get a pound you have to spend US $ 1.35.
- Gibraltar Pound: Gibraltar pound is the official currency of the country, located on the southern end of Spain. It is officially a British region. Its value is associated with the British pound, which means that it always moves like pound sterling. This is why it is so strong. Common people will have to spend US $ 1.34 to get a gibraltar pound.
- Cayman Islands Dollar: Cayman is located in the Islands Caribbean and is known as an offshore financial center. Despite being a British region, its currency is linked to the US dollar, which makes it strong. Since it is associated with any other currency, the local economy is stable as it has reduced the exchange risk and has increased trade and investment. You have to spend US $ 1.20 to take a Cayman Islands dollars.
- Swiss franc: It is a currency of both Switzerland and Liechtenstein and is considered a safe currency due to Switzerland’s political stability and low inflation. Even at the beginning of Russia-Ukraine War, Switzerland’s inflation was relatively lower than other European union countries and the US. To buy a Swiss Frank, you have to spend US $ 1.24.
- Euro: Euro came into physical circulation in 2002 and has an official currency of Eurozone, which includes 20 of the 27 countries of the European Union. Some of these countries include Germany, Austria, Ireland, Latvia etc. There are many reasons for the strengthening of this currency. This promotes trade and travel between European Union member countries as passengers do not require currency exchange, it supports border-papers within the eurosone. Due to which foreign currency risk is low and in case of crisis, it gets mutual help from other member countries. To buy a euro, we have to spend US $ 1.17.