Top 10 Strongest Currencies in the World 2024

10 United States Dollar (USD)

The US dollar is the most widely traded currency, though ranks 10th strongest globally. As the primary reserve currency, it holds an important position despite recent inflation.

9 Euro (EUR)

The euro is the shared currency of 19 European Union members and the world’s second largest reserve currency. The EUR ranks 9th among strongest global currencies.

8 Swiss Franc (CHF)

Used in wealthy Switzerland, the Swiss franc derives strength from the country’s economic stability and rates 8th strongest.

7 Cayman Islands Dollar (KYD)

The Cayman Islands dollar ranks 7th most powerful and 5th highest valued currency globally. It was adopted in 1972 to replace the Jamaican dollar.

6 Gibraltar Pound (GIP)

Pegged to the British pound, the Gibraltar pound is the currency of the British territory Gibraltar and holds 6th strongest currency spot.

5 British Pound Sterling (GBP)

The British pound sterling is the 5th most powerful global currency. London’s status as a financial hub and U.K. trade strength contribute to its value.

4 Jordanian Dinar (JOD)

Jordan has maintained fixed exchange rates contributing to its currency’s 4th place rank. The dinar replaced the Palestinian pound in 1950.

3 Omani Rial (OMR)

Heavily dependent on oil, Oman pegs the rial to the U.S. dollar. The currency ranks 3rd strongest in the world.

2 Bahraini Dinar (BHD)

Also pegged to the USD, the Bahraini dinar enjoys 2nd highest currency strength globally, driven by oil exports.

1 Kuwaiti Dinar (KWD)

The Kuwaiti dinar has consistently held the #1 spot for world’s most valuable currency since 1960, aided by economic stability and oil.