Top 20 Highest Currency in The World in 2023

Do you know about countries which have the highest currency values? Well, this post covers a list of the top 20 highest currency in the world. This list of currencies with their values is based on the exchange rates against the US Dollar. Interesting thing to note here is that we are comparing the currencies against the US Dollar only because it’s the most popular.

Kuwaiti Dinar (KWD) is the world’s highest and strongest currency. Kuwait’s unprecendented oil-wealth and stable economy are the reasons for KWD being the highest currency in the world for many years.

List of Strongest Currencies in the World in 2023

  • #20. Turkish Lira

    Turkish Lira is the official currency of Turkey, a popular country in Europe. Mineral exploration and production growth are the main reasons for the country’s prosperity.

    1 Turkish Lira = 0.15 US Dollar
    Currency Code = TRY
    Turkish Lira

  • #19. Brazilian Real

    Brazilian Real is the on of the most popular and high in-demand currency in entire South America. Rich Iron Ore reserves and natural resources have made Brazil prosperous and increasing the strength of it’s currency.

    1 Brazilian Real = 0.19 US Dollar
    Currency Code = BRL
    Brazilian Real

  • #18. Israel New Shekel

    This is the official currency of Israel. It is one of the most in-demand currencies. Israel New Shekel is strong because of the country’s oil reserves and raw materials’ export.

    1 Israel New Shekel = 0.29 US Dollar
    Currency Code = ILS
    Israel New Shekel

  • #17. Fijian Dollar

    Fijian Dollar is the official currency of Fiji Islands. It replaced Pound in 1969.

    1 Fijian Dollar = 0.45 US Dollar
    Currency Code = FJD
    Fijian Dollar

  • #16. New Zealand Dollar

    The New Zealand Dollar exchange rate is so strong because the interest rates in New Zealand is higher than almost anywhere in the world. Another major reason why NZD is in this list because it’s a politically stable nation.

    1 New Zealand Dollar = 0.62 US Dollar
    Currency Code = NZD
    New Zealand Dollar

  • #15. Australian Dollar

    Ever since Australia replaced the Pound, AUD has been one of the most powerful currencies in the world.

    1 Australian Dollar = 0.67 US Dollar
    Currency Code = AUD
    Australian Dollar

  • #14. Brunei Dollar

    Officially known as the Nation of Brunei is located on the north coast of the island of Borneo in Southeast Asia. Large exports of oil and natural gas has made Brunei one of the richest countries in the world.

    1 Brunei Dollar = 0.70 US Dollar
    Currency Code = BND
    Brunei Dollar

  • #13. Singapore Dollar

    This is the official currency of Singapore. Being a strong trading nation, Singapore currency got more stronger over the years.

    1 Singapore Dollar = 0.71 US Dollar
    Currency Code = SGD
    Singapore Dollar

  • #12. Libyan Dinar

    Libyan Dinar is considered the most powerful currency in entire continent of Africa. Rich oil resources have made Libyan Dinar valuable.

    1 Libyan Dinar = 0.72 US Dollar
    Currency Code = LYD
    Libyan Dinar

  • #11. Canadian Dollar

    Being the major exporters of metals including Gold and Silver have significantly improved the value of Canadian Dollar.

    1 Canadian Dollar = 0.73 US Dollar
    Currency Code = CAD
    Canadian Dollar

  • #10. Swiss Franc

    Swiss Franc is the official currency of Switzerland and Liechtenstein. CHF is one of the most stable currencies in the world.

    1 Swiss Franc = 1.04 US Dollar
    Currency Code = CHF
    Swiss Franc

  • #9. The United States Dollar

    The United States Dollar is the most-traded currency worldwide and has the highest demand compared to any currency.

    Currency Code = USD
    The United States Dollar

  • #8. Euro

    Euro is the official currency of 19 of the 27 member states of the European Union (EU). This group of states is known as the eurozone or euro area

    1 Euro = 1.11 US Dollar
    Currency Code = EUR

  • #7. Gibraltar Pound

    Gibraltar Pound is the official currency of Gibraltar.

    1 Gibraltar Pound = 1.20 US Dollar
    Currency Code = GIP
    Gibraltar Pound

  • #6. Cayman Islands Dollar

    Cayman Islands Dollar is the official currency of Cayman Islands. This currency was introduced in 1972. Because of it’s strong financial services sector KYD is one of the highest currencies in the world.

    1 Cayman Islands Dollar = 1.21 US Dollar
    Currency Code = KYD
    Cayman Islands Dollar

  • #5. Pound Sterling

    Pound Sterling is the official currency of United Kingdom. It is one of the most used currencies worldwide.

    1 Pound sterling = 1.23 US Dollar
    Currency Code = GBP
    Pound Sterling

  • #4. Jordanian Dinar

    Jordanian Dinar is the official currency of Jordan.

    1 Jordanian Dinar = 1.41 US Dollar
    Currency Code = JOD
    Jordanian Dinar

  • #3. Omani Rial

    Omani Rial is the official currency of Oman and is the 3rd highest currency in the world.

    1 Omani Rial = 2.60 US Dollar
    Currency Code = OMR
    Omani Rial

  • #2. Bahraini Dinar

    Bahrain being a strong player in oil trade has the 2nd most valued currency.

    1 Bahraini Dinar = 2.65 US Dollar
    Currency Code = BHD
    Bahraini Dinar

  • #1. Kuwaiti Dinar

    A stable economy and significant oil wealth have made Kuwaiti Dinar the number one ranked currency in the world.

    1 Kuwaiti Dinar = 3.24 US Dollar
    Currency Code = KWD
    Kuwaiti Dinar


That is all on the list of the top 20 highest currencies in the world as of 2023. Hopefully, you found this post useful. Keep visiting us for more updates from the world of finance.

FAQs About World’s Highest and Strongest Currencies

What is the strongest currency in the world 2023?
Kuwaiti Dinar is the strongest currency in the world in 2023. 1 Kuwaiti Dinar equals 3.24 United States Dollar

Which currency has the highest value in the world?
Kuwaiti Dinar (against the US Dollar) has the highest value in the world. The high value rate of KWD is due to significant oil exports into the global market.

What is the weakest currency in the world?
Iranian Rial is the weakest currency in the world. 1 United States Dollar equals 42,105.00 Iranian Rial.
Top 15 Lowest Currencies in the World

Who has the strongest dollar?
Kuwaiti Dinar (KWD) has the strongest dollar. 1 KWD = 3.24 USD

Why is Euro stronger than Dollar?
Euro is stronger than Dollar because Euro’s supply is relatively lower than it’s demand. Less Euros implies each individual Euro is worth more.

What is the most stable currency?
Swiss Franc (CHF) and Cayman Islands Dollar (KYD) are two of the most stable currencies.