Highest valued currency unit

The highest valued currency unit is the currency in which a single unit buys the highest number of any given other currency or the largest amount of a given good. Most commonly the calculation is made against a major reserve currency such as the euro (EUR), the pound sterling (GBP) or the United States dollar (USD).

A high-valued currency is distinct from a strong currency, which is a currency with a good buying power and which is widely accepted as a reliable store of value. For example, a Kuwaiti dinar is not of very much use outside Kuwait, and is bound to the economy of that country. In contrast, the U.S. dollar is a strong currency, because it is backed by the economy of the United States, which is strong, and also by international commodity markets.

List of highest valued currency units

As of January 2008, the 13 highest valued currencies are:

No.

State

Currency

Code

US dollars
US dollars−1

Euros
Euros−1

Kuwaiti dinars
Kuwaiti dinars−1

Highest
valued
coin

Highest
valued
banknote

1.

dinar

KWD

3.64073
0.27467

2.53093
0.395112

1

.100

20

2.

dinar

BHD

2.60539
0.38382

1.80504
0.55401

0.72901
1.37171

.500

20

3.

rial

OMR

2.54628
0.39273

1.76408
0.56687

0.71487
1.39884

.500

50

4.

lats

LVL

2.04361
0.48933

1.41583
0.70630

0.56392
1.77329

2

500

5.

pound

GBP

1.98456
0.50389

1.35966
0.73548

0.53980
1.85251

5 (commem.)
2 (common)

50 (Eng & Wal)
100 (Sco & NI)

pound

FKP

2

50

pound

GIP

2

50

pound

GGP

2

50

pound

JEP

2 (rarely used)
.50 (common)

50

pound

IMP

2

50

pound

SHP

2

20

IMF

Special
Drawing
Rights

XDR

1.57780
0.633795

1.07771
0.927894

0.432443
2.31245

6.

(Eurozone)

euro

EUR

1.4385
0.69517

1

0.395112
2.523093

2

500

7.

dinar

JOD

1.40056
0.71400

0.97032
1.03059

0.38753
2.58043

1

50

8.

dollar

KYD

1.20000
0.833333

0.819656
1.22002

0.328896
3.04047

.25

100

9.

manat

AZN

1.17855
0.848500

0.805005
1.24223

0.323017
3.09581

.50

100

10.

convertible peso

CUC

1.08000
0.925926

0.737691
1.35556

0.296006
3.37831

5 (rare)
1 (common)

100

11.

cedi

GHS

1.01613
0.984130

0.694062
1.44079

0.278500
3.59067

1

50

12.

dollar

CAD

1.0074
0.99265

0.700317
1.42792

0.276704
3.61397

2

100

13.

dollar

USD

1

0.69517
1.4385

0.27467
3.64073

1 (rare)
.25 (common)

100

dollar

BSD

1

1 (rare)
.25 (common)

100

dollar

BMD

1

100

balboa

PAB

.50

--

Mathematical details

  • Bold values are defined pegged rate by various authorities
  • Italic values are exchange rate data obtained from xe.com
  • All other exchange rate cells are derived by multiplications and divisions from the bold or italic values

See also

  • Least valued currency unit
  • Denomination (currency)

ca:Unitat monetària de valor més alt es:Unidad monetaria de valor más alto id:Mata uang termahal

See Also

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