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2023’s Top 10 Strongest Global Currencies

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The article evaluates the top 10 strongest currencies in the world relative to the US dollar. Despite being the most traded currency globally, the US dollar ranks 10th in terms of strength. The rankings are based on how much one US dollar can be exchanged for in each currency, with data sourced from Open Exchange as of June 13, 2024.

  1. Kuwaiti Dinar (KWD): The strongest currency, with 1 KWD worth $3.264.
  2. Bahraini Dinar (BHD): 1 BHD is worth $2.653.
  3. Omani Rial (OMR): 1 OMR is worth $2.597.
  4. Jordanian Dinar (JOD): 1 JOD is worth $1.410.
  5. British Pound (GBP): 1 GBP is worth $1.284.
  6. Gibraltar Pound (GIP): Pegged to GBP, 1 GIP is worth $1.284.
  7. Swiss Franc (CHF): 1 CHF is worth $1.1222.
  8. Cayman Islands Dollar (KYD): 1 KYD buys $1.200.
  9. Euro (EUR): 1 EUR buys $1.084.
  10. US Dollar (USD): The baseline for comparison; other currencies in the list are stronger on a one-on-one basis.
    The US dollar remains the most traded and largest reserve currency, extensively used in global transactions and commodity pricing.

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