Strongest currencies in the world-US dollar not among them

The US dollar is the most widely used currency in the world. However it’s not the strongest as one might think. Most good are measured using the US dollar: gold; petroleum and other commodities, as a strategy by the US to dominate the global market.

Despite its dominance these currencies are way stronger than the US dollar.

1. Kuwait Dinar (KDN)

Its value can be attributed to sales from crude oil. One Kuwait Dinar buys 3.28 USD.

2. Bahrain Dinar (BHD)

Ever wondered why Kenyan athletes are being bought by Bahrain? Wonder no more because it one BHD buys 2.62 USD. This is a country flowing with oil wealth.

3. Omani Rial (OMR)

Third on the list of the most expensive currencies is the Omani Rial. It buys the USD at 2.60. of course the country is oil rich.

4. British Pound

The pound buys the dollar 1.42. It’s still quite a sum for Americans getting into the UK.

5. Euro (EUR)

The Euro is above the dollar at 1.09 despite turbulence witnessed by the British exit. It’s still an expensive affair for an American tourist visiting Europe, say Paris.

6. Swiss Franc (CHF)

One Swiss Franc buys 0.99 USD. The Swiss opted for dual currency when instead of abolishing the Swiss Franc totally, making it a safe for international capital.

7. Libyan Dinar (LYD)

A Libyan Dinar buys 0.74 USD. Despite the Arab uprising that saw the ouster and eventual death of Muammar Gaddafi, the Libyan dinar has remained strong due it its oil supply.

8. Bruneian Dollar

Who even knows where this country is? In spite of that its currency comes above the US dollar, one going for US $0.70.

9. Singapore Dollar (BND)

It ties with the Bruneian dollar. For a country that gained independence after Kenya one wonders why the Kenyan shillings exchanged for over 100 a dollar.

10. Australian dollar (AUD)

One Australian dollar buys US $ 0.69. it owes its strength to the abundant natural resources which sees it give the dollar a run for its value.