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Jordan is a largely land-locked country in the Middle East. The country is less dependent on oil and gas exports than its neighbours, but it has struggled with sluggish economic growth and rising debt.
5.= British pound (GBP)
The British pound sterling has been in existence since the 15th century and was decimalised in 1971. Nowadays one pound is worth $1.284 which makes $1 worth £0.7785.
5.= Gibraltar pound (GIP)
The Gibraltar pound was first introduced in the 1920s and today its value is ‘pegged’ to the British pound at a fixed rate, meaning it will always move in line with sterling.
Gibraltar is located at the southern tip of Spain and is officially a British territory.
- Swiss franc (CHF)
The Swiss franc is the official legal tender of both Switzerland and Liechenstein. It is often regarded as a currency safe haven due to Switzerland’s political stability.
The Swiss franc was introduced in 1850. One Swiss franc is worth $1.1222, which means $1 buys 0.8911 Swiss francs.
- Cayman Islands dollar (KYD)
The Cayman Islands is a British territory in the Caribbean and is famous for being an offshore financial centre.
The Cayman Islands dollar was first introduced in the 1970s and is ‘pegged’ to the US dollar. One Cayman Islands dollar currently buys $1.200. Conversely, $1 is worth 0.8333.
- Euro (EUR)
The euro entered physical circulation in 2002. It is the official currency of the Eurozone economic bloc, covering 20 countries out of the 27-strong members of the European Union.
One euro currently buys $1.084 making a dollar worth €0.9223.
- US dollar (USD)
The US dollar just scrapes into our currency top 10 with all other denominations across the world, excluding the ones listed above, worth less than one dollar on a one-for-one basis.
Created in the 1700s, the US dollar is legal tender in the US itself, along with a number of other territories and sovereign nations including Ecuador.
The US is the world’s largest economy as measured by gross domestic product and is by far the most traded currency globally.
The US dollar is also the largest reserve currency in the world. In other words, it is the currency most held by central banks. It is also the currency of choice when it comes to pricing a number of key commodity markets including oil, gold and copper.
