What are the 15 strongest currencies in the world?

What are the top 15 strongest currencies in the world?

To compare the value, we have used the United States dollar as the fixed base. The strongest here is defined as the one that is the most expensive in comparison to the US dollar. That is, the one that gives you the smallest return for 1 US dollar. Currency values and rankings are accurate as of October 2025, based on data from Google Finance.

1. Kuwaiti dinar

Known as the strongest currency in the world, the Kuwaiti dinar or KWD was introduced in 1960 and was initially equivalent to one pound sterling. Kuwait is a small country that is nestled between Iraq and Saudi Arabia, whose wealth has been driven largely by its large global exports of oil.

You will receive just 0.31 Kuwaiti dinar after exchanging 1 US dollar, making the Kuwaiti dinar the world’s highest-valued unit per face value.

2. Bahraini dinar

The second most powerful money in the world is the Bahraini dinar or BHD. Like most Arabic currencies on this list, it is divided into 1000 smaller units, in this case, called ‘fils’. The Bahraini dinar is only used in Bahrain and is pegged against the US dollar.

When trading 1 US dollar, you will receive 0.38 Bahraini dinar.

3. Omani rial

The Omani rial or OMR is the national money of Oman. Unlike most conventional currencies, the Omani rial is split into 1000 smaller divisions known as baisa. The Omani rial quickly rose in value after being introduced due to the success of Oman’s oil exports and being pegged against the US dollar.

A single US dollar will exchange for around 0.38 Omani rial, which is nearly double the strength of the pound sterling!

4. Jordanian dinar

The national currency of Jordan is the Jordanian dinar or JOD, which earns the position of number four. It became Jordan’s official legal tender in 1950 after it replaced the Palestinian pound.

1 US dollar is exchangeable for around 0.71 Jordanian Dinar, earning the JOD a rightful place in the top 5 most valuable currencies.

5. Pound Sterling

The British pound, also known as the pound sterling or GBP, is the 5th most valuable currency in the world. Although the GBP is not the most powerful in the world, it does keep the title as the oldest currency still in use.

The pound sterling is also the 4th most traded currency globally, accounting for around 12.8% of daily trades on the foreign exchange market.

When exchanging a single US dollar, you will receive around 0.76 Great British pounds in return. This forex pair is commonly known as “the cable” and is the 3rd most traded in the world.

6. Gibraltar pound

The Gibraltar pound or GIP is the national currency of Gibraltar and is exchangeable with the British pound sterling at face value. Therefore, in Gibraltar, you are free to use both GIP and GBP.

A single US dollar will buy you around 0.76 Gibraltar pounds, which is very similar in value to the pound sterling.

7. Swiss Franc

The Swiss franc or CHF is used throughout both Switzerland and Liechtenstein. 1 US dollar will buy you around 0.80 Swiss francs. Switzerland is one of the most stable and wealthy countries in the world. It also acts as a safe haven for investors in periods of economic instability, along with USD and JPY.

The Swiss franc is also the 7th most traded in the world, gaining its popularity as a safe bet when trading or storing money, due to its strict monetary policies and low debt levels.

8. Cayman Islands dollar

The 8th most expensive currency in the world is the Cayman Islands dollar or KYD, which is the national currency for the Cayman Islands. An autonomous British territory located in the Caribbean, the Cayman Islands are a major financial tax haven for wealthy individuals and corporations.

A United States dollar is exchangeable for around 0.83 Cayman Islands dollars, making it the only and strongest Caribbean currency on the list.

9. Euro

One of the newest currencies, the Euro or EUR is the official currency of 19 countries, which makes it the most widely used in the world. Countries where it is used include Germany, France and Spain, and it is often known to be the world’s second reserve money. It is also known to be the second most traded on the foreign exchange market, only preceded by the US dollar. In fact, the EUR/USD or 'Fiber' is the most traded forex pair in the world, accounting for almost a quarter of daily forex trades.

In exchange for 1 US dollar, you will receive around 0.86 Euro, or 86 cents.

10. US Dollar

The US dollar belongs to the United States and several other countries. It is the world’s primary reserve currency and is held by most central banks and commercial banks globally. Because of its widespread adoption, the US dollar also accounts for around 88.3% of daily trades in the foreign exchange market.

The US dollar is the world’s primary reserve currency, nut despite its dominance it ranks only tenth when ranked as a contender for the world’s strongest currency.

11. Brunei dollar

Brunei dollar or BND has been the currency for the Sultanate of Brunei since 1967. The Brunei dollar is interchangeable with the Singapore dollar at face value and both currencies are legal tender in each country.

1 US dollar currently exchanges for around 1.29 Brunei dollars, giving the BND the same value as the next entry, the Singaporean dollar.

12. Singapore dollar

The Singapore dollar (SGD) is used in both Singapore and Brunei, and they trade for the exact same rate: 1 US dollar will buy you around 1.29 Singaporean dollars.

The Singapore dollar is highly valued on the foreign exchange market, accounting for around 1.8% of daily forex trades.

13. Canadian Dollar

The Canadian dollar or CAD is the legal tender of Canada and is one of the most popular currencies for central banks to hold as foreign exchange reserves, due to Canada’s legal and political stability. CAD is a very popular option when forex trading, and accounts for around 5% of daily trades in the global foreign exchange market.

Currently, 1 US dollar currently gets 1.40 CAD.

14. Australian dollar

The Australian dollar (AUD) is the national tender of Australia; it is also used by its external territories and some Pacific island states. Although it is not the most expensive tender in the world, it is extremely valuable and one of the most stable on this list.

1 US dollar will get you around 1.51 Australian dollars. The Australian dollar is also the 6th most traded on the forex market and accounts for around 6.8% of daily trades. Some reasons why the AUD is so popular include its stability, high-interest rates, and the view that it holds diversification benefit.

15. New Zealand dollar

The New Zealand dollar or NZD takes its rightful place on the strongest tender list at number 15. Its strength has been rising, most likely caused by the nation’s political stability, high interest rates and GDP growth.

In exchange for 1 US dollar, you will receive around 1.73 New Zealand dollars. Even though the NZD is the 15th strongest currency in the world, it beats many of the stronger ones and lands a top 10 place in the most traded currencies.

What impacts a currency’s strength

Trading currencies without understanding the factors that influence strength can result in substantial losses. Many macroeconomic forces can have a significant effect on the value of a currency.

When looking at forex markets, it's important to remember that a stronger currency makes a country's exports more expensive for other countries, while making imports cheaper. A weaker currency makes exports cheaper and imports more expensive.

Political instability and economic performance

Political instability and weak economic performance can affect the value of a currency, particularly during events such as presidential elections or recessions. Politically stable countries with strong economies are usually more appealing to foreign investors, so these countries draw investment away from nations facing greater economic or political uncertainty.

Interest rates

Interest rates, inflation and foreign currency rates are all interconnected. Central banks adjust interest rates to control inflation. When a central bank raises interest rates, borrowing becomes more expensive, typically increasing the value of the currency.

On the other hand, lower interest rates mean borrowing is cheaper leading to increased lending and potentially inflation and currency depreciation.

Forex traders often monitor rate announcements from central banks such as the US Federal Reserve or the Bank of Canada. Some use instruments like cross-currency swaps to hedge exposure to interest rate and exchange rate risk.

Inflation rates

Inflation has a major influence on a nation’s foreign exchange rates. Rising inflation rates generally weaken a currency’s value, because purchasing power declines. Low inflation rates tend to strengthen a currency as goods and services become relatively more affordable.

Terms of trade

A country’s terms of trade measures the ratio of export prices to import prices. When export prices rise and its import prices fall, the terms of trade improve. Increasing the national income and often followed by an increase in demand for the country’s currency.

Debts

High national debt relative to GDP can deter foreign investment, reducing demand for the currency. Without sufficient foreign capital, a country may experience higher inflation and a weaker currency over time.

Is it possible to trade forex for a living?

While some traders may profit, most retail clients lose money when trading CFDs. Trading CFDs involves significant risk of loss and is not suitable for everyone. You should only trade if you fully understand the risks involved. Consult our section on ‘what else do you need to know’ before opening a potentially risky trade.

To see whether you could make money from trading CFDs, you could try out our demo account, which allows you to practice first using $10,000 of virtual funds. Once you feel confident enough to enter the live markets using real funds, you can switch to a live trading account.

How to trade currency

• Choose your product. Decide whether you want to trade CFDs via a standard trading account or FX Active trading account.

• Browse our forex offering. We offer more than 330+ pairs on our platform, including some of the most powerful mixes.

• Stay up to date with market news. Currencies can fluctuate in value due to changes like the health of a country's economy, interest rates, inflation, and more.

• Pick a strategy based on your research. Decide whether you want to go long (buy) or go short (sell), and monitor your position.

• Implement necessary risk-management tools. We offer a range of execution and order types designed to help you manage exposure and control potential losses.

What else do you need to know?

Trading on the financial markets can be a daunting process, especially for a beginner, so it may be a good idea to brush up your knowledge on the following topics beforehand:

• Costs (including spreads, margin rates, overnight fees, commissions)

• The risk that your chosen market or instrument presents

• How trading with leverage works (also known as trading on margin)

• How to prevent margin calls and account close-outs

• Risk-management tools, indicators and market data that can help with every trade