Which dollar is worth the most

Approximately 25 countries have pegged their currencies to Euro at a fixed rate. The Swiss Franc ranks eighth in our top currencies list with a conversion rate of 1.

CHF is one of the most stable currencies worldwide which is least affected by inflation. Switzerland is one of the richest countries in the world and it maintains strict monetary policy and low debt levels.

This is one of the primary reasons why it is a safe bet for investors while trading or storing currency. US Dollar is the most traded currency in the forex market. USD is always in high demand as it is accepted all over the world.

The USD currency in circulation is worth 1. BSD happened to be the official currency of The Bahamas from the year Many of the businesses which cater to the tourism industry keep some extra US dollars with them for the convenience of American tourists. The highest note in circulation is BMD. Trading of the Bermudian dollar outside Bermuda is not allowed. An interesting fact about Panama is that country has never had an official central bank.

The Canadian Dollar is the official reserve currency of Canada with a conversion rate of 0. CAD is the fifth-largest reserve currency. Canada has vast reserves of crude oil just behind Saudi Arabia and Venezuela and it has the second-largest uranium supply in the world. The Australian Dollar is the official legal tender not only in Australia but also in some pacific island states.

With a conversion rate of 0. AUD ranks fifth in the most traded currency in the forex market which accounts for 6. However, in they have decided to stop printing and initiated the withdrawal process.

The conversion rate of NZD is 0. NZD was introduced in the year NZD is the eleventh most traded currency in the world. It contributes to 2. Bulgarian Lev is the official currency of Bulgaria with a conversion rate of 0.

Initially, in the year , BGN entered into a currency board arrangement with Deutsche Mark at a fixed rate. Fijian Dollar has been the currency of Fiji with a conversion rate of 0. In spite of gaining independence in from British, coins and banknotes continued to feature Queen Elizabeth II till It was later replaced with pictures of plants and animals.

The Brazilian Real is the official tender in Brazil with a conversion rate of 0. Most people consider that British Pound holds the highest monetary value among other currencies. But it is not the case. Though, it is still the oldest in circulation and one of the most traded currencies in the world. Pound Sterling is the national currency of England, Scotland, Wales, and Northern Ireland, as well as the parallel currency of the crown dependencies: Guernsey, Jersey, and the Isle of Man. But they differ visually from notes issued by the Bank of England.

The Cayman Islands Dollar is the only Caribbean currency on the list of the highest ones. The Euro has strengthened over the years, which allowed it to hold a strong place in the list of the most powerful world currencies. Partially, its value is explained by the fact that it is the official currency for 19 European countries, among which you will find several economically developed ones.

Euro is one of the most widely used currencies in the world. It is the second most traded currency on the forex market after the US Dollar. The Swiss Franc is one of the strongest and most stable currencies worldwide. It is the sixth most traded currency and the only one that is unaffected by inflation.

However, it is not a surprise considering that Switzerland is not only one of the richest countries in the world, but also belongs to the most stable ones. Switzerland has a strict monetary policy and low debt levels, making Franc a safe bet for investors while trading or storing currency. By the way, Switzerland has a negative interest rate on deposits.

It means the owner has to pay extra for keeping his wealth in the bank. Today, the US Dollar is the most traded currency in the forex market. As of December , there were about 2. The Canadian Dollar closes the top-ten highest currencies ranking. It is the sixth-largest reserve currency and the sixth most traded one. Canada has the second-largest uranium supply in the world as well as large reserves of crude oil Therefore, the Canadian Dollar depends on global oil price fluctuations.

The Canadian Dollar is often called the "loonie" in honor of the bird depicted on the one-dollar coin. We know that the currencies of not very successful countries tend to decrease in value. Our neighbors to the north may surprise you, but the Canadian dollar usually tracks a little bit below the U.

Meanwhile, the sticker prices on meals at restaurants, and on clothing and accommodations look remarkably similar. This leaves you saving a little bit on each purchase without even knowing it. And if you think Canada is just U.

North, think again. There are all sorts of cultural, social, and political differences that make it just as much of an intercultural experience as voyages to farther off lands. This might surprise you as one of the countries where the U. Plus, not needing to deal in another currency?

How convenient! Finally some Europe in this list. Take in some serious European Old World charm for a seriously reasonable price tag.

Food and drink, especially if you stick to locally-derived options, will keep you full for less. For those staying longer, rents are low and public transportation options are very affordable and accessible. Rent is just a fraction of what it costs in the U. Transportation is also reasonably priced. What it lacks in creativity, perhaps, it gains in being close to home.

Of course we all know New York and Miami come at a big cost, but have you seen that great, wide world out there? Skipping plane travel and getting to know the small towns and rural areas that make America Americuh can be very informative at a very reasonable price. FundMyTravel offers an easy-to-use platform for getting the word out to friends, families, and fans who might want to help you fund your next big, meaningful adventure.

Sign up for a free account to start sharing your story, set fundraising goals, and share a link with anyone you think might be feeling generous. So get to it! Are you on a program where some meals are provided or are you totally on your own? Will you have access to a kitchen to cook? And will you, realistically, cook yourself meals sometimes instead of eating out? All of this will help you estimate just how much bang you can get for your buck in countries where the U.

Do your best to investigate regionally-specific data for the particular places where the dollar goes far. If you really do it right, there will be dollars left over for the next cheapest spot on your list.