What is the strongest currency in the world?

What is the strongest currency in the world?

From forex.com

You might assume the strongest currency would be the U.S. Dollar (USD) or British Pound Sterling (GBP) as both hold significant influence over other currency pairs. In fact the top 10 most traded currencies pairs all include either the U.S. Dollar or the Pound Sterling and the two together devise the most traded currency pair: GPB/USD. However, strength here refers to value, and as you’ll learn in this article, there are several currencies valued much higher than the U.S. Dollar and Pound Sterling. It is important to understand how currency strength is determined. Currency strength is measured by the amount of ... (full story)

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Post #1
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Edited at 5:52am Oct 21, 2021 2:33am | Edited at 5:52am

zippo22
| Joined Apr 2011 | Status: Member | 7 Comments

I object to this article. All the mentioned Arab currencies actually tricking the system out of ego. The denominator of the KWD, BHD and OMR is 1000 and not 100 as with all other currencies. In a realistic and fair perspective the comparison should not be done on the major unit - because as we see it is still divisible by different denominators. It should be done on the sub-unit base because they are all the same!
This means not USD to KWD, BHD or OMR but cent to fil or baisa. And there it looks different! -> cent : fil/baisa = 0.31/0.38

Post #2
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Oct 21, 2021 3:19am Oct 21, 2021 3:19am

Muhammedfx
| Membership Revoked | Joined Apr 2019 | 313 Comments

currency value should be now on actually calculated as per the country's contribution in the world.

Post #3
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Oct 21, 2021 6:44am Oct 21, 2021 6:44am

AnniLi
| Commercial Member | Joined Jan 2015 | 2,212 Comments

I could not see the complete story so no comment required.

Post #4
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Oct 29, 2021 9:29am Oct 29, 2021 9:29am

eukiller
| Joined Jul 2015 | Status: Member | 6 Comments

thanyou

Post #5
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Nov 7, 2021 7:16am Nov 7, 2021 7:16am

Isabella_D
Joined Jan 2012 | Status: Member | 19 Comments

https://www.forex.com/ie/news-and-an...-in-the-world/
(completed story)

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Posted: Oct 20, 2021 7:29pm
Submitted by:
Newsstand

Category: Educational News

Comments: 5 / Views: 2,515