When we think of the most powerful currencies of the world, the names which comes to our mind are the US Dollar, Euro, British Pound etc. However, there are many lesser used currencies which are more valuable than the US Dollar, Euro, British Pound etc. So, in this article we are going to see the Top 10 Most Valuable Currencies of the World in 2022.
10. The Canadian Dollar
The number 10 spot goes to the Canadian Dollar. It is divided into 100 cents. Accounting for approximately 2% of all global reserves, the Canadian dollar is the fifth-most held reserve currency in the world, behind the U.S. dollar, the euro, the yen and the pound sterling.
Symbol: $, CA$, Can$ or C$
ISO CODE: CAD
Central Bank: Bank Of Canada
Value of the Canadian Dollar
1 CAD = INR 59.53
1 CAD = PKR 144.51
1 CAD = BDT 67.45
1 CAD = USD 0.78
1 CAD = EURO 0.74
9. The United States Dollar
The United States dollar is the official currency of the United States and several other countries. The Coinage Act of 1792 introduced the U.S. dollar at par with the Spanish silver dollar, divided it into 100 cents, and authorized the minting of coins denominated in dollars and cents. U.S. banknotes are issued in the form of Federal Reserve Notes, popularly called greenbacks due to their predominantly green color.
Symbol: $, US$, U$
ISO CODE: USD
Central Bank: Federal Reserve
Value of the United States Dollar
1 USD = INR 76.52
1 USD = PKR 185.73
1 USD = BDT 86.69
1 USD = USD 1
1 USD = EURO 0.95
8. The Swiss Franc
The Swiss franc is the currency and legal tender of Switzerland and Liechtenstein. It is also legal tender in the Italian exclave of Campione d'Italia. The Swiss National Bank issues banknotes and the federal mint Swissmint issues coins. It is divided into 100 rappen.
Symbol: CHf, Fr., SFr
ISO CODE: CHF
Central Bank: Swiss National Bank
Value of the Swiss Franc
1 CHF = INR 78.23
1 CHF = PKR 190.16
1 CHF = BDT 88.62
1 CHF = USD 1.02
1 CHF = EURO 0.97
7. The Euro
The euro is the official currency of 19 of the 27 member states of the European Union. This group of states is known as the eurozone. The euro is divided into 100 cents. As of 2013, the euro is the second-largest reserve currency as well as the second-most traded currency in the world after the United States dollar. As of December 2019, with more than €1.3 trillion in circulation, the euro has one of the highest combined values of banknotes and coins in circulation in the world. The name euro was officially adopted on 16 December 1995 in Madrid. The euro was introduced to world financial markets as an accounting currency on 1 January 1999, replacing the former European Currency Unit (ECU) at a ratio of 1:1 (US$1.1743). Physical euro coins and banknotes entered into circulation on 1 January 2002, making it the day-to-day operating currency of its original members, and by March 2002 it had completely replaced the former currencies.
Symbol: €
ISO CODE: EUR
Central Bank: European Central Bank
Value of the Euro
1 EUR = INR 80.41
1 EUR = PKR 195.08
1 EUR = BDT 91.05
1 EUR = USD 1.05
1 EUR = EURO 1
6. The Cayman Islands Dollar
The Cayman Islands Dollar is the currency of the Cayman Islands. It is subdivided into 100 cents. The Cayman Islands dollar was introduced in 1972 (10 years after separation from the Colony of Jamaica), replacing the Jamaican dollar at par. Jamaican currency and Cayman Islands dollars both remained legal tender until 1 August 1972, when Jamaican currency ceased to be legal tender.
Symbol: $, CI$
ISO CODE: KYD
Central Bank: Cayman Islands Monetary Authority
Value of the Cayman Islands Dollar
1 KYD = INR 92.21
1 KYD = PKR 222.92
1 KYD = BDT 104.06
1 KYD = USD 1.20
1 KYD = EURO 1.14
5. The British Pound Sterling
The pound sterling known in some contexts as the British pound, the pound, or sterling, is the official currency of the United Kingdom, Jersey, Guernsey, the Isle of Man, Gibraltar, South Georgia and the South Sandwich Islands, the British Antarctic Territory and Tristan da Cunha. It is subdivided into 100 pence (singular: penny, abbreviated: p). The "pound sterling" is the oldest currency in continuous use.
Symbol: £
ISO CODE: GBP
Central Bank: Bank of England
Value of the British Pound Sterling
1 GBP = INR 96.12
1 GBP = PKR 232.43
1 GBP = BDT 108.48
1 GBP = USD 1.25
1 GBP = EURO 1.19
4. The Jordanian Dinar
The Jordanian dinar has been the currency of Jordan since 1950. The dinar is divided into 10 dirhams, 100 qirsh or 1000 fulus. It is pegged to the US dollar. The Central Bank of Jordan commenced operations in 1964 and became the sole issuer of Jordanian currency, in place of the Jordan Currency Board.
Symbol: د.ا
ISO CODE: JOD
Central Bank: Central Bank of Jordan
Value of the Jordanian Dinar
1 JOD = INR 108.35
1 JOD = PKR 261.97
1 JOD = BDT 122.27
1 JOD = USD 1.41
1 JOD = EURO 1.34
3. The Omani Rial
The Omani Rial is the currency of Oman. It is divided into 1000 baisa The Central Bank of Oman buys U.S. dollars at 0.384 Omani rial, and sell U.S. dollars at 0.385 Omani rial. It is the third-highest-valued currency unit in the world.
Symbol: ر.ع
ISO CODE: OMR
Central Bank: Central Bank of Oman
Value of the Omani Rial
1 OMR = INR 198.87
1 OMR = PKR 482.39
1 OMR = BDT 225.15
1 OMR = USD 2.60
1 OMR = EURO 2.47
2. The Bahraini Dinar
The dinar is the currency of Bahrain. It is divided into 1000 fils. It is usually represented with three decimal places denoting the fils. The name dinar derives from the Roman denarius. The Bahraini dinar was introduced in 1965, replacing the Gulf rupee at a rate of 10 rupees = 1 dinar.
Symbol: د.ب or BD
ISO CODE: BHD
Central Bank: Central Bank of Bahrain
Value of the Bahraini Dinar
1 BHD = INR 203.08
1 BHD = PKR 492.64
1 BHD = BDT 229.94
1 BHD = USD 2.65
1 BHD = EURO 2.52
1. The Kuwaiti Dinar
The Kuwaiti dinar is the currency of Kuwait. It is sub-divided into 1,000 fils. As of 2022, the Kuwaiti dinar is the strongest circulating currency, with one Kuwaiti dinar equalling 3.32 United States Dollars.
Symbol: د.ك or KD
ISO CODE: KWD
Central Bank: Central Bank of Kuwait
Value of the Kuwaiti Dinar
1 KWD = INR 249.56
1 KWD = PKR 605.42
1 KWD = BDT 282.57
1 KWD = USD 3.26
1 KWD = EURO 3.10
So here we are - The top 10 most powerful currencies of the world in 2022. Hope you enjoyed reading this article.
You can watch the following videos in YouTube in my channel "CURRENCY UNIVERSE" to know more about currencies. Please note that the videos are in Hindi.
MOST VALUABLE BANKNOTES IN MY POSSESSION
THE MOST VALUABLE CURRENCY OF THE WORLD
HOW TO DETECT A FAKE 100 DOLLAR BILL
Have any thoughts. Be sure to leave a comment below for any doubts or queries !!
Contact me through Instagram @currencyuniverse (https://www.instagram.com/currencyuniverse)
Last updated on 03/05/2022
Comments