Connect with us

NET WORTH

The 10 Strongest Currencies in the World

Published

on

10 strongest currencies in the world

We bring to you the Strongest Currencies in the World

We all like to get the most out of our money, even if it’s just a few extra cents on the dollar. Well, check out the Strongest Currencies in the World

With that said, we’ve put together a list of some of the worlds strongest currencies, so you can think about getting a little extra buying power when travelling abroad.

If you think GBP or USD is the strongest currency in the world, then think again!

Here’s a list we put together of the 10 strongest currencies in the world:

The 10 Strongest Currencies In The World

The list of currencies and figures mentioned below have been compiled from various sources around the web, such as FXSSICurrency Kart & Highest Currency

These are the 10 strongest currencies in the world:

10. US Dollar

It’s the currency of the United States of America and is the most traded and used currency in the world.

It also holds the title of the world’s primary reserve currency and is held by both central and commercial banks all over the world.

Depending on your currency, it’s not the best time to convert some of your cash into dollars, however, it’s well worth keeping an eye on how it performs, as it doesn’t look like it’s going anywhere soon!

Strongest Currencies in the World

9. Swiss Franc – (1 CHF = 1.01 USD)

Next on the list, we have the Swiss Franc, which is the official currency of Switzerland and Liechtenstein!

At roughly 1.01 USD for each CHF, it’s currently not the best conversion rate to USD on the list, however, the Swiss Franc still comes in at number nine for good reason.

Switzerland is one of the wealthiest countries in the world and has a solid track record in banking and finance.

Having some of the worlds strictest monetary policies and lowest debt levels has drawn many an investor to view the Swiss Franc as a “Safe Bet”, choosing to store some of their wealth in the official currency of Switzerland.

Also known for being the sixth most traded currency in the world, the Swiss Franc is expected to retain its value in the foreseeable future!

8. Euro (1 Euro = 1.10 USD)

The EURO is the primary currency of the European Union and was adopted on January 1, 1999.

It holds the title as the second world reserve currency and is the official currency of 19 of the 28 member countries in the EU.

The currency first began virtually, in the form of traveller cheques and electronic bank transfers, and physical notes and coins appeared a few years later in 2002.

The introduction of the EURO was meant to increase the economic interdependency of trade between all EU member that choose to adopt it.

One EURO is approximately equivalent to 1.10 USD at the time of writing.

7. Cayman Islands Dollar – (1 KYD = 1.20 USD)

The next strongest currency in the world is the Cayman Islands Dollar.

The Cayman Islands are a British Territory located in the Caribbean and are well known for being one of the worlds best tax havens.

They provide banking licenses for a number of the worlds biggest banks, hedge funds and insurance companies.

The KYD was introduced in 1972 as a replacement for Jamaican Dollars and has gone on to become one of the worlds strongest currencies.

6. Gibraltar Pound – (1 GIP= 1.23 USD)

The Gibraltar pound is the official currency of Gibraltar.

As well as being used on its own, it’s also able to be exchanged with the British Pound at par value and, aesthetically, looks very similar.

All notes and coins of the Gibraltar Pound are printed by the Government of Gibraltar.

The most common Gibraltar exchange rate is the GIP to Euro rate.

5. Pound Stirling – (1 GBP = 1.26 USD)

Coming in at number five on our list of the strongest currencies in the world is the Pound Stirling, the official currency of the United Kingdom.

The Pound Stirling is often perceived as being the strongest currency in the world, however, that’s not the case, as it falls short to four Arabian currencies.

With the United Kingdom deciding to leave the EU, this has had a negative effect on the Pounds value.

It’s one of the most widely used currencies and the oldest independent currency in the world, being first used in the United Kingdom in 1489.

At the moment, 1 GBP can be exchanged for 1.26 USD.

Strongest Currencies in the World

4. Jordanian Dinar – (1 JOD = 1.41 USD)

The Jordanian Dinar, JOD, is the official currency of Jordan, an Arabic nation on the bank of the river Jordan.

Introduced in 1949, replacing the Palestinian pound, the Jordanian Dinar has been pegged by the United States Dollar for the past 2o years.

This has helped it to become one of the strongest currencies in the world.

However, despite its status, the Jordanian Dinar is still only used in Jordon and nowhere else in the world.

One JOD is currently valued at 1.41 USD.

READ Here are the top 10 universities in Africa for 2020

3. Omani Rial – (1 OMR = 2.60 USD)

The Omani Rial is the third strongest currency on our list.

This Arabian currency was first introduced in 1973 and has seen a significant rise in value due to the success of the countries oil supply and being pegged to the U.S Dollar.

It’s the official currency of the Sultanate of Oman and is the third-highest status currency in the world.

The purchasing power of this currency is so high, that the government has to introduce 1/4 and 1/2 Rial banknotes.

As of 2020, 1 OMR is equivalent to 2.60 USD.

READ Best African Comedians

Strongest Currencies in the World

2. Bahraini Dinar – (1 BHD = 2.65 USD)

In second place, we have the Bahraini Dinar, which is the official currency of Bahrain and first introduced in 1965.

Bahrain is a PersianGulf Island State, populated by just over 1 million people.

Most of the expats in Bahrain are Indian, which makes the BHD to INR the most common.

The majority of the countries wealth comes from exporting its petroleum products.

Similar to the Jordanian Dinar, the Bahraini Dinar is only used in Bahrain and is pegged by the U.S. dollar.

READ Famous Mustaches in History

Strongest Currencies in the World

1. Kuwaiti Dinar – (1 KWD = 3.29 USD)

The worlds strongest currency is the Kuwaiti Dinar.

It is the highest valued currency against the United States Dollar.

Located on the tip of the Persian Gulf, between Iraq and Saudi Arabia, Kuwait’s wealth can be attributed to its heavy exports of oil to a global market.

It was first introduced in 1961 after gaining its independence from the United Kingdom and has since gone on to become the most valuable currency in the world.

Over the years, the Kuwaiti Dinar has been pegged to a number of different currencies. Most recently, it was pegged to the U.S. dollar from 2003 to 2007.

More recently, it has been pegged to an unnamed basket, valued at 1 KWD to 3.29 USD.

Continue Reading
Advertisement

NET WORTH

Kel Mitchell Net Worth

Published

on

By

Kel Mitchel net worth

What is Kel Mitchell net worth?

Kel Mitchell is an American stand up comedian, actor, musician, singer, and rapper. He is known for his work as a regular cast member of the Nickelodeon sketch comedy series All That.

Keep reading as we bring to you Kel Mitchel net worth

Profile

Mitchell was born in Chicago, Illinois, and grew up on the South Side. He attended Chicago Vocational High School and took drama classes at the ETA Creative Arts Foundation. Mitchell also has two sisters, Kenyatta and Kyra. He is a convert to Christianity
Read Tyler Perry net worth

He was married to Tyisha Hampton-Mitchell for six years until their divorce in 2005. Mitchell and Hampton have two children together, a son born in 1999 and a daughter born in 2002. Mitchell married rapper Asia Lee on February 25, 2012.  

Read Top 10 Richest Black Actors in the world

The two have a daughter together, born in July 2017. In May 2020, Mitchell and Lee announced they were expecting their second child.

 Mitchell welcomed his fourth child, his second with Lee, in October 2020.

Career

Kel Mitchell along with Kenan Thompson both started their acting career both at the age of 15, in the Nickelodeon comedy sketch series, All That, from 1994 to 1999. They both also starred in the series Kenan & Kel from 1996 to 2000.

They also starred in the 1997 film, Good Burger, which grew out of one of his sketches from All That. The duo also appeared together in an episode of Sister, Sister with Tia and Tamera Mowry, four episodes of The Steve Harvey Show, and they appeared in a special two-part episode of Cousin Skeeter. They were also featured in an episode of Sabrina, the Teenage Witch.

Outside of his ventures with Kenan Thompson, Mitchell provided the voice of a mild-mannered and playful dog named T-Bone in the children’s cartoon series Clifford the Big Red Dog, alongside John Ritter, from 2000 to 2003.

Additionally, he made an appearance in the 2004 Kanye West music video “All Falls Down” as a luggage collecting valet. Mitchell co-hosted Dance 360 with Fredro Starr; the show lasted for only one season. From 2005 until 2006, Mitchell portrayed Manny Sellers in the sitcom One on One, and in 2007 Mitchell starred in BET’s new series Take the Cake. Some of his other credits include Honeydripper and Mystery Men.

Read Kevin Hart net worth

He auditioned for Saturday Night Live in 2003, but lost to his Kenan & Kel co-star Kenan Thompson.

Kel Mitchell Net Worth

Kel Mitchell net worth is estimated at $ 4 million.

Continue Reading

NET WORTH

Themba Ndaba Net Worth

Published

on

By

Themba Ndaba Net Worth

Glusea brings to you Themba Ndaba net worth

Themba Ndaba  is a South African actor and director. He is best known for casting in the movie Machine Gun Preacher and in the series Zone 14. In this article we will be bringing to you Themba Ndaba net worth.

Biography

Born in Soweto, Gauteng, he moved to Swaziland at an early age and was brought up there. He started school in 1970 and matriculated at St Marks High School in 1982. He then went to study Economics and Statistics in Zimbabwe in 1983.

Read Tony Kporoge net worth

He took a break from studies and worked as a banker in Harare for a while. From 1986 to 1988 he attended Harare Polytechnic, where he graduated with a Higher National Diploma in Business Studies with a distinction in Economics and Statistics.

Read Sindi Dlathu net worth

In 2011, He won a Golden Horn Award for being the Best Feature in a movie and also won the 2011 Africa Movie Academy Awards for his leading role in the movie Hopeville.

In 1998, he married actress Sophie Ndaba, whom he has two children with; they divorced in 2007. In 2011, he married Josey Ndaba, with whom he has one child

Themba Ndaba Net Worth

Themba Ndaba net worth is estimated at $2 million.

Continue Reading

NET WORTH

Buju Banton Net Worth

Published

on

By

Buju Banton net worth

Buju Banton brings to you Buju Banton net worth

Mark Anthony Myrie  aka Buju Banton is a Jamaican reggae dancehall recording artist. He is widely considered one of the most significant and well-regarded artists in Jamaican music. Banton has collaborated with many international artists, including those in the hip hop, Latin and punk rock genres, as well as the sons of Bob Marley.

Buju Banton net worth is currently estimated at $2 million. H is among the list of top richest Jamaican artsite.

Biography

Myrie in tribute to the deejay Burro Banton, whom he admired as a child. Buju emulated Burro’s rough vocals and forceful delivery, developing his own distinctive style. Buju’s mother was a higgler, or street vendor, while his father worked as a labourer at a tile factory. He was the youngest of fifteen children born into a family that was directly descended from the Maroons of Jamaica.

Read Koffee net worth

Banton has homes in Jamaica and Tamarac, Florida United States. He also has 15 children.

As a youngster, Buju would often watch his favourite artists perform at outdoor shows and local dancehalls in Denham Town. At the age of 12, he picked up the microphone for himself and began toasting under the moniker of Gargamel, working with the Sweet Love and Rambo Mango sound systems.

 In 1986, he was introduced to producer Robert Ffrench by fellow deejay Clement Irie, and his first single, “The Ruler” was released not long afterward in 1987. This led to recording sessions with producers such as Patrick Roberts, Bunny Lee, Winston Riley, and Digital B.

Buju Banton Net Worth

Buju Banton Net Worth is estimated at $2 million.

Banton released a number of dancehall singles as early as 1987 but came to prominence in 1992 with two albums, Stamina Daddy and Mr. Mention, the latter becoming the best-selling album in Jamaican history upon its release. That year he also broke the record for No. 1 singles in Jamaica, previously held by Bob Marley and the Wailers.

Read Bennie man net worth

He signed with the major label Mercury Records and released Voice of Jamaica in 1993. By the mid-1990s, Banton’s music became more influenced by his Rastafari faith, as heard on the seminal albums ‘Til Shiloh and Inna Heights.

Continue Reading

Trending