Which is the strongest Currency in the world?
- 6 months ago
There is the difference between
Strongest Currency vs World Number One Currency vs Centralized Currency
The world's strongest currency is the Kuwaiti Dinar. It is the highest valued currency against the United States Dollar as well as any other currency in the world. As of 13th April 2020, One Kuwaiti Dinar is $3.19 United States Dollar.
USD Currency called as
Centralized Currency/Globalized Currency/Reserve Currency/ Most Traded Currency is US Dollar
USD is a common vehicle currency. A form of legal tender used in a cross border import or export Transaction that is not the domestic money of the importer or the exporter. So USD is not the Strong currency nither World number number one currency
World Number One Currency
EURO is the world number one currency or BASE currency for all over the world.
EURO introduced in 1999’s more than 18 countries in European region accept EURO is an official currency. Looking for Fund Management or Portfolio Manager? if so Check with www.wavetrendz.com
- OiyLv 66 months ago
Based on the Big Mac Index, it's today Swiss France.
- darkvelvetrainLv 76 months ago
I would say the United States dollar, followed by the Euro, and then some combination of the British pound, the Chinese RMB, and Japanese yen.
- 6 months ago
US Dollar is the most widely used hard currency. Also held as international reserves by the most central banks all around the world.