Saturday, 8 February 2014

Top 10 Expensive Currencies Around the World

          We all know that US Dollar is widely used currency all over the world, but there are currencies expensive than US Dollar. Here are the top 10 expensive currencies around the world.

10. Swiss Franc:

Swiss Franc Currency

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1 Swiss Franc= 1.11 US Dollar.
          The Swiss franc is often presented with the symbol CHF, Fr., SFr. It is one of the most traded currencies in the world. The Swiss franc, denoted CHF (which stands for the Confoederatio Helvetica franc), is the official currency of Switzerland and Liechtenstein. The swiss franc was officially recognized as Switzerland's currency in May of 1850.

9.Cayman Islands Dollar:

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1KYD (Cayman Islands Dollar) = 1.22 US Dollar.
          Cayman Islands Dollar is the currency of Cayman Islands abbreviated with the dollar sign $ or CI$. It is the ninth highest valued currency in the world and highest valued dollar unit.

8. European Euro:

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1 Euro= 1.36 US Dollar.
           Euro is used in European countries abbreviated as € symbol.The euro is the second largest reserve currency as well as the second most traded currency in the world after the United States dollar.

7. Jordanian Dinar:

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 1 Jordanian Dollar= 1.41 US Dollar.
          The Jordanian Dinar is the official currency of Jordan. After Israel took control of the West Bank in 1967, the Jordanian Dinar remained in circulation along with Israeli currency. During hyperinflation periods in Israel in 1970 and 1980, the Jordanian Dinar provided stability.

6. Falkland Islands Pound:

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1 Pound = 1.53 US Dollar.
           It is the official currency of Falkland Islands, a British Overseas Territory in the South Atlantic Ocean. The symbol is the pound sign, £, or alternatively FK£. The Falkland Island Pound is introduced by the british in the year 1833.

5. British Pound:

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  1 british pound = 1.65 US Dollar.
           British Pound known as Pound Sterling is the official currency of united kingdom, Jersey, Guernsey, the isle of Man, South Georgia and the South Sandwich Islands, the British Antartic Territory and Tristan da Cunha

4. Latvian Lats:

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1 Latvian Lats = 1.97 US Dollar.
           The lats was first introduced in 1922, replacing the Latvian rublis. Latvian Lats is the official currency of Latvia.

3. Omani Rial:

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 1 omani rial = 2.60 US Dollar.
           The Rial is the currency of Oman. The currency code for Rials is OMR, and the currency symbol is ﷼.

2. Bahraini Dinar:

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1`Bahraini Dinar = 2.65 US Dollar.
           The Bahraini Dinar is the official currency of Bahrain and is divided into 1000 fils. The name dinar derived from roman denarius and its sign is BD (Latin) or .د.ب. (Arabic). The Dinar is introduced in 1965 replacing the Gulf Rupee.

1. Kuwaiti Dinar:

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1 Dinar = 3.54 US Dollar.
            The Kuwaiti Dinar is the official currency of Kuwait and is introduced in 1961 to replace the Gulf Rupee. When Iraq invaded Kuwait in 1990, the Iraqi dinar replaced the Kuwaiti dinar as the currency and large quantities of banknotes were stolen by the invading forces. After liberation, the Kuwaiti dinar was restored.

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