Top-10 highest valued currency in the world       2017-04-08   06:18:19  IST  Raghu V

The world runs on money. It is controlled by the paper of currency. Though India is one of the fastest developing nation in the world, it’s not that great in currency value as we expect. As we know, the value of Indian Rupee has declined by miles over the years. We see day to day comparisons of Indian Rupee with US Dollar .. but the Dollar is not even in the top-5, when it comes it highest valued currency in the world. Here we are posting the list of Top-10 highest valued currency in the world.

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The very famous swis national bank issues this currency of Switzerland. . While Switzerland and Liechtenstein officially uses Switzerland Franc,Italy Campione d’Italia, Italy and Germany Büsingen am Hochrhein, Germany unofficially uses the currency.

Banknotes – 10, 20, 50, 100, 200 & 1,000 francs
Coins- 5, 10 & 20 centimes,  1⁄2, 1, 2 & 5 francs
Code – CHF
Number – 756
Exponent- 2

Current Value against Indian Rupee : 1 Switzerland Franc -= 63.67 INR

#9) US Dollar :

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USA Dollar is unarguably the mostly used and also the widely used currency in the world. It is the most used currency in international transactions. It is basically divided into 100 smaller cent (¢) units. The U.S. dollar was originally commodity money of silver as enacted by the Coinage Act of 1792 which determined the dollar to be 371 4/16 grain (24.1 g) pure or 416 grain (27.0 g) standard silver.

Banknotes – $1,$2, $5, $10, $20, $50, $100
Coins- 1¢, 5¢, 10¢, 25¢, 50¢
Code – USD
Number- 840
Exponent- 2

Current Value against Indian Rupee : 1 dollar -= 64.27 INR

# 8) European Euro :

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An European Euro is second most used currency in the world right after the USA dollar. It is used in the members of European state like Austria, Belgium, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, the Netherlands, Portugal, Slovakia, Slovenia, and Spain.

Banknotes – €5, €10, €20, €50, €100, €200, €500
Coins – 1c, 2c, 5c, 10c, 20c, 50c, €1, €2
Code – EUR
Number – 978
Exponent – 2

Current Value against Indian Rupee : 1 European Euro = 68.07 INR

# 7) Cayman Islands Dollar :

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This currency is used by Cayman Islands in UK which initially used Jamaican Dollar but the Cayman Islands Dollar replaced it in the year 1972. It is subdivided into 100 cents. It is abbreviated by both $ and CI$ symbols.

Code- KYD
Banknotes – 1, 5, 10, 25, 50, 100 dollars
Coins- 1, 5, 10, 25 cents

Current Value against Indian Rupee : 1 Cayman Islands Dollar = 78.38 INR

# 6) British Pound:

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The British Pound is used by the United Kingdom, Jersey, Guernsey, the Isle of Man, South Georgia and the South Sandwich Islands, the British Antarctic Territory,and Tristan da Cunha. It is published by Bank of England and subdivided into 100 penny.

Code – GBP
Number- 826
Exponent – 2
Banknotes – £5, £10, £20, £50, £1, £100
Coins – 1p, 2p, 5p, 10p, 20p, 50p, £1, £2

Current Value against Indian Rupee = 1 Pound Sterling = 79.52

# 5) Jordanian Dinar:

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Published by Central Bank of Jordan, this currency is used by Jordan. It is subdivided by 10 Dirhams. On 1 July 1950, the Jordanian dinar became the kingdom’s official currency.

Code – JOD
Banknotes -1, 5, 10, 20, 50 dinars
Coins – 1⁄2, 1 qirsh,  2 1⁄2, 5, 10 piastres,  1⁄4,  1⁄2, 1 dina

Current Value against Indian Rupee : 1 Jordanian Dinar = 90.65 INR

# 4) Latvian Lats:

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This was the currency of Latvia before the Latvia and the Euro replaced it. Bank of Latvia regulates this currency.

Code – LVL
Bank notes- 5, 10, 20, 50, 100 latu and 500 latu
Coins- 1, 2, 5, 10, 20, 50 santīmu, 1, 2 lati

Current Value against Indian Rupee = 1 LVL = 103.57 INR

# 3) Omani Rial :

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The Omani Rial is used by the Oman and is regulated by the Central Bank of Oman. It would surprise you but before 1940, Indian rupee was used as currency in this country. Now, Omani Rial is subdivided into 1000 baise.

Code – OMR
Banknotes- 100, 200 baisa,  1⁄2, 1, 5, 10, 20, 50 rials
Coins- 5, 10, 25, 50, 100 baisa

Current value against Indian Rupee 1 OMR = 166.93 INR

#2) Bahraini Dinar:

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The dinar is the currency of Bahrain, regulated by the central bank of Bahrain. It is divided into 1000 fils.The word dinar was derived from the Roman denarius and did replace the Gulf Rupee.

Code – BHD
Banknotes- BD  1⁄2, BD 1, BD 5, BD 10, BD 20
Coins- 5, 10, 25, 50, 100, BD  1⁄2 (500 fils)

Current value against Indian Rupee = 1 BHD = 170.50 INR

# 1) Kuwaiti Dinar:

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Hands down, this is by far the highest valued currency in the world. It is sub divided into 1000 fils. The central bank of Kuwait regulates this currency. The Kuwaiti Dinar is 3.28 bigger than USD. Dinar has replaced Gulf Rupee in the year 1960 and was standing equal to Indian Rupee. See, how time has changed.

Code – KWD
Banknotes –  1⁄4,  1⁄2, 1, 5, 10, 20 dinars
Coins – 5, 10, 20, 50, 100 fils

Current Value against Indian Rupee = 210.84 INR