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Trade In World’s Top 10 Strongest Currencies

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A currency is known as the official money that a country will operate with. To best judge which are the strongest currencies we should look at the FOREX Market (Foreign Exchange Market) to see which currency affords the most interest. Remembering that this is an exchange and so you could have 4 currencies each possessing 50 % of the trade.
There are 3 foreign exchange markets in the world, in America, Europe and in Asia. The below figures are worked out from the combined interest in all three markets that a currency has had.
*Note: The exchange rates are for guidance only, as they are always changing.
This is a list of the top 10 strongest currencies in the world, as measured by percentage of the foreign trade market:
10

Norwegian Krone

Norwegian Krone

Norwegian Krone

Percentage of foreign trade: 1.5%. Exchange rate to the US Dollar: 1=$0.16
Recent years has seen a boom in the need for crude oil and it is this that keeps this currency strong to the point where it is gaining ground, even on the Euro and US Dollar.
9

Hong Kong Dollar

Hong Kong Dollar

Hong Kong Dollar

Percentage of foreign trade: 2%. Exchange rate to the US Dollar: 1=$0.12
Hong Kong sees a lot of international trading with Southern China and this keeps its Dollar strong.
8

Swedish Krone

Swedish Krone

Swedish Krone

Percentage of foreign trade: 2%. Exchange rate to the US Dollar: 1=$0.15
Sweden has one of the most stable economies in the world and so it is hardly surprising that their currency should attract some interest.
7

Canadian Dollar

Canadian Dollar

Canadian Dollar

Percentage of foreign trade: 4%. Exchange rate to the US Dollar: 1=$0.97
The strength of the Canadian Dollar is very much linked to the commodities markets such as precious metals, mineral and crude oil; it is therefore often the choice as currency of trade in these areas.
6

Australian Dollar

Australian Dollar

Australian Dollar

Percentage of foreign trade: 4%. Exchange rate to the US Dollar: 1=$0.92
On floating its value in 2011 and gaining exchange power, the Australian currency has become popular among currency exchangers.
5

Swiss Franc

Swiss Franc

Swiss Franc

Percentage of foreign trade: 6%. Exchange rate to the US Dollar: 1=$1.06
The Switzerland is considered a safe haven for money and as its value often increases when others decline, it is often sought after.
4

British Pound

British Pound

British Pound

Percentage of foreign trade: 17%. Exchange rate to the US Dollar: 1=$1.53
The Pound is often liked because of its high value in comparison to other currencies.
3

Japanese Yen

Japanese Yen

Japanese Yen

Percentage of foreign trade: 20%. Exchange rate to the US Dollar: 1=$0.01
The Japanese Yen is a popular currency for use in international trading.
2

The Euro

The Euro

The Euro

Percentage of foreign trade: 37%. Exchange rate to the US Dollar: 1=$1.32
The Euro is the largest currency in circulation as is not only used in Europe but also by 150 million people in Africa.
1

American Dollar

American Dollar

American Dollar

Percentage of foreign trade: 90%. Exchange rate to the US Dollar: 1=$1

Even through the global economic troubles, the US Dollar remained the currency of choice by many and several countries still use it as there official currency.

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9 comments

  1. Thank you for the good writeup. It in fact was a amusement account it.

    Look advanced to more added agreeable from you! By the way, how can
    we communicate?

  2. It was very amusing to scroll down the list to find the USD in the ‘top spot’. Every nation knows the USD is worthless especially now with the growing controversy over Germany being refused it’s Gold. It is only a matter of time before the implosion.

  3. I suprised the Chinese Yuan is not on here, it should surely surpass Japanese Yen, considering Japan’s currency I liturally no influence what so ever on the Global market; especially when their exports are far higher than their imports (20/10/11 – BBC Article – 15th Month Trade deficit). Considering China exports ~19-20% of US’s imports and ~23-24% Japan (1st and 3rd Largest economies) and in return, 7.1% from US and 9.8% from Japan.

    Exchange rate to the US Dollar: 6.09 Yuan = $1

    • China’s currency doesn’t count because it’s not a free floating currency. It’s heavily (heavier than others) manipulated.

      Their government is also not a democracy.

      They’re not a strong currency for people to hold.

    • Hi,
      These are strongest currencies in way of Stock Exchange trade.

  4. Pile of bullshit, don’t make up shit dumbass, the strongest currency in the world is the Kuwaiti dinar

  5. that’s not right..

    THE MOST POWERFUL CURRENCY IS KUWAITI DINAR

    1 KD = 3.52 US DOLLAR , 2.60 EURO, 2.17 BRITISH POUND

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