What is the strongest currency?


Quick Answer

As of May 2014, the strongest currency in the world is the Kuwaiti dinar. In relation to U.S. dollars, 1 Kuwaiti equals $2.847. Kuwait is located on the Arabian Peninsula, contains the fifth largest oil reserve in the world and is often ranked among the top ten richest countries.

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What is the strongest currency?
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Full Answer

The currency ranked second is the Bahrain dinar. 1 Bahrain equals $2.652. The Kingdom of Bahrain's primary business is in banking and tourism. The third strongest currency is the Omani rial. Its largest note is 50 rial, which is equal to $129.95. Other currencies include the British pound, the Jordanian dinar and the Swiss franc.

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