Top 10 Strongest Currencies In The World In 2024

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.

  1. 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.

  1. 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.

  1. 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.

  1. 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.

  • Related Posts

    Debt Relief Lawyer: Your Path to Financial Freedom

    Are you struggling with overwhelming debt and unsure of your options? A debt relief lawyer can provide you with the expert guidance and representation you need to navigate the complex…

    Read more

    Continue reading
    Aviation Products Liability Insurance: Protecting Manufacturers

    Aviation products liability insurance is a specialised type of insurance designed to protect manufacturers of aviation products from liability claims arising from defects or malfunctions in their products. This insurance…

    Read more

    Continue reading

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    You Missed

    Ghana’s Creative Industry Takes a Step Forward: President Mahama Attends Black Star Experience Launch

    • By djfly
    • July 12, 2025
    • 10 views
    Ghana’s Creative Industry Takes a Step Forward: President Mahama Attends Black Star Experience Launch

    Accra Mayor Confronts Police Officer Over Alleged Extortion

    • By djfly
    • July 8, 2025
    • 171 views
    Accra Mayor Confronts Police Officer Over Alleged Extortion

    Larry Ellison Vaults His Way to Second-Richest Person on Earth

    • By djfly
    • July 5, 2025
    • 24 views
    Larry Ellison Vaults His Way to Second-Richest Person on Earth

    Debt Relief Lawyer: Your Path to Financial Freedom

    • By Gossip
    • July 2, 2025
    • 6 views
    Debt Relief Lawyer: Your Path to Financial Freedom

    NPP’s Paul Yandoh Raises Concerns Over Chairman Wontumi’s Health and Treatment

    • By djfly
    • June 30, 2025
    • 12 views
    NPP’s Paul Yandoh Raises Concerns Over Chairman Wontumi’s Health and Treatment

    ECG Raids Katakyie Afrifa’s Residence Over Alleged Illegal Electricity Connections

    • By djfly
    • June 19, 2025
    • 39 views
    ECG Raids Katakyie Afrifa’s Residence Over Alleged Illegal Electricity Connections