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June 12, 2017
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Top 10 Countries with the Highest Currency Value in the World- June 2017 edition

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Highest Currency in the world Updated List

Read Performance of the Indian Rupee vs US Dollar and other Emerging Market currencies & How Tourism can save the day for Indian Rupee

Top 10 countries with the Highest Currency in the world – June 2017 Edition

Note: The 2018 list is available here with some rate changes and position changes.

When you think of the highest currencies in the world, you would think of the US Dollar or British Pound or Euro. But you are in for a surprise. The most expensive currencies in 2017 are none of the mentioned ones. And they don’t always belong to the wealthiest nations of the world. The ‘Highest Currency’ is based on the high value of them when exchanged with INR. US Dollar may not be the highest currency in the world but it is most traded and strongest currency in the world.

World’s Top 20 Currencies in 2018: Exchange Them for Best Rates

BookMyForex analyzed the data on sites such as xe.com and Google to compile a list of the highest valued currencies of the world. When it comes to the highest currency in the world, these currencies gave the US Dollar –  which is the most traded currency of the world – a run for its money.  All exchange rates are of 1st of June, 2017.

10: United States Dollar: USD

Highest Currency in the world

The US Dollar is the currency of the United States. The most popular United States Dollar exchange rate is the USD to EUR rate. Surprisingly at the bottom of the list even though it is the most traded currency in the world. Over the last few years, USD value has depreciated but the strength hasn’t.

USD is valued at 72.80 in Indian Rupees.

9: Swiss Franc- CHF

Highest Currency in the world
Photo credit: leaprate.com

The Swiss Franc or CHF is the currency of Switzerland and Liechtenstein. The most popular Switzerland Franc exchange rate is the EUR to CHF rate. Switzerland’s famously secretive banking sector made the national currency a safe haven for international capital. The country pegged the franc to the euro when it joined the currency union, opting for a dual system rather than choosing to abolish the franc.

One CHF or Swiss Franc will buy you 74.75 Indian Rupees.

Check CHF to INR rates & how much you’ll get for your AUDs here

8: Euro-EUR

Highest Currency in the world
Photo credit: businesstimes.com

The euro  or EUR is the official currency of the eurozone, which consists of 19 of the 28 member states of the European Union: Austria, Belgium, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, the Netherlands, Portugal, Slovakia, Slovenia, and Spain. As of January 2017, with more than 1,109,000,000,000 Euro in circulation, the euro has one of the highest combined values of banknotes and coins in circulation in the world, having surpassed the U.S. dollar at one point

One Euro will buy you 84.45 INR.

Buy/sell or check Euro to INR rates here

7: Caymanian Dollar-KYD

Highest Currency in the world

The Cayman Islands Dollar is the currency of the Cayman Islands. The most popular Cayman Islands Dollar exchange rate is the USD to KYD rate

Currently, the value of KYD makes it the 7th- highest currency in the world. One KYD is equal to 88.78 in Indian Rupees

6: Gibraltar Pound- GIP

Highest Currency in the world

The Gibraltar pound is the currency of Gibraltar. It is pegged to – and exchangeable with – the British pound sterling at par value. The central bank controlling the GIP, with the responsibility of minting coins and printing notes, is the Government of Gibraltar. The most popular Gibraltar Pound exchange rate is the EUR to GIP rate.

One GIP is equal to 94.86 in Indian Rupees

5. British Pound (GBP)- Fifth Highest Currency Value in the World

Highest Currency in the world
Photo credit: themoscowtime.com

The pound sterling (£) or GBP is the currency of Great Britain. It is also the official currency of Jersey, Guernsey, the Isle of Man, South Georgia and the South Sandwich Islands, the British Antarctic Territory, and Tristan da Cunha. The most popular United Kingdom Pound exchange rate is the EUR to GBP rate. Sterling is the fourth most-traded currency in the foreign exchange market, after the United States Dollar, the Euro, and the Japanese Yen.

One GBP buys you 94.86 INR. Buy, sell or check GBP to INR rates here

4: Jordanian Dinar- JOD 

Highest Currency in the world

The Jordanian dinar is the currency of Jordan. West Bank used Jordanian Donar and the Israeli shekel as well. The most popular Jordan Dinar exchange rate is the JOD to EUR rate.

1 Jordanian Dinar is approximately equal to 102.68 in INR

3. Omani Rial (OMR)- Third Highest Currency Value in the world

Highest Currency in the world
Photo credit: albawaba.com

The rial or OMR is the currency of Oman. Before 1940, Oman used INR as its official currency and this is why the most popular Rial exchange rate is INR to OMR Rate.

One OMR will buy you 189.35 INR. Buy, Sell or Check rates of OMR to INR here

2. Bahraini Dinar (BHD) – Second Highest Currency Value in the world

 

Highest Currency in the world

Photo credit: treasuryvault.com

The dinar or BHD is the currency of Bahrain. The most popular Bahrain Dinar exchange rate is the INR to BHD rate. The currency code for Dinars is BHD, and the currency symbol is BD. Indians are the largest expat group in Bahrain and that explains the reason for INR to BHD popularity. Bahrain attracts expats from all over the globe because of being the second highest Currency in the world.

One BHD will buy you 193.62 INR. Buy, Sell or Check BHD to INR Rates here

1. Kuwaiti Dinar (KWD)- Highest Currency Value in the World

Highest Currency in the world

Photo credit: treasuryvault.com

The highest currency in the world is none other than Kuwaiti Dinar or KWD. The currency code for Dinars is KWD. The most popular Kuwait Dinar exchange rate is the INR to KWD rate. Indian expat community is very strong in Kuwait, hence the reason for being a popular currency pair. Kuwaiti Dinar has been the highest currency in the world for a while now because of the oil-rich country’s economic stability.

One KWD will buy you 240.03 INR. Buy, Sell or Check KWD to INR here

Here is a short video of the Top 10 Highest Value Currencies in the World 

 

Read more: Top 10 Currencies of The World

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