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The topic explained over here would be an important one to have a look on. Its all about currency from different countries and how to exchange them while travelling and even how to handle it safely when you are walking unaware in a new place.
Overview:

Looking at the currencies of 180+ countries.

Ways to get best rate when exchanging.

Introduction of anti-theft travel tips.

Online live rate comparison.

Mistakes to be avoided.

Various videos and websites are uploaded to have a detail look on it.

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The video is comparing currencies from more than 180 countries around the world. It is a long video with timing of 11 minutes. Good thing about this video is, that it has the latest recording for currency exchange rate (September 2019), I think as latest one because it is hard to have so much information on currency exchange at one time. Video not only compares different currency but, it also has much additional information for a viewer at same watch.

I selected this video after surfing many videos because I found that this video had extra information like inflation rate, ranking highlighted at the center, at the bottom row it shows the tied up with other country’s currency.

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World Highest Currency (2019) - 180+ Countries compared

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The video here is linked to the fallen rate of Canadian dollar to the U.S. Dollar in last few years.  When there is no chance of controlling the rate fluctuation on personal level, one can go for another options to minimize the effect from it. This options solely depend on individual basis , it is you who can choose a wiser option when it comes to travelling.

Important thing to be learned from this video is about the payment method, when buying something in travelling area. He says that always the money should be given in local currency when asked the way of payment. If you decide for paying in your currency then the merchant decides the amount and charges you more for their profit.

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How to get the best rate when exchanging your money

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This video gives different options for currency exchange when travelling overseas. The speaker has provided 5 cheapest ways: airport, bank, money exchanger in home country, money exchanger overseas and online but, it all depends on the time of travelling.  He have discussed each of them in detail and compared to others.

At the end of the video the speakers says a different point than other videos that the decision for exchanging currency depends on currency, amount, and time

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How to Exchange Currency | Why You Should NEVER do it at The Airport

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It is a long video but worth to watch and all about the anti-theft travel tips. There are 10 various devices or equipment for keeping your money safe. When traveling to unknown countries there is a high risk of getting mislead and a constant fear of being robbed. We know that many things are available in market for safety but this video gives you the information of using it in right way and avoid the mistake we do,

The YouTuber in the video has nine years of experience of travelling and she has learnt a lot from it so, we get an expert opinion here. Also interesting thing is that she has provided the links to the anti-theft devices shown in video in the description.

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It is the site for a company called ONADA Corporation they have their corporation run in different continents. This website uses internet and technology to open currency data and trading market. It has feature of trading, showing currency exchange rate, for making money transfers.

I liked this webpage for the feature of currency comparison table; it shows up top 26 countries. You can input the number beside any currency you want to convert and in return it will give you the calculation of today’s worth amount for each country on list. Special thing is that you can also select the interbank rate charge and then it will calculate it accordingly

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OANDA uses cookies to make our websites easy to use and customized to our visitors. Cookies cannot be used to identify you personally. By visiting our website you consent to OANDA's use of cookies in accordance with our Privacy Policy. To block, delete or manage cookies, please visit aboutcookies.org. Restricting cookies will prevent you benefiting from some of the functionality of our website.

Type an amount in the text box beside your home currency (or beside any other currency you want to convert). Click Calculate (or press the Enter key). The other fields are updated to show what the amount is worth in today's rates for each of the other currencies.

By default, the conversions use an interbank rate generally not available to the public. To avoid disappointment, choose a percentage add-on from the Interbank rate pull-down list to approximate the spread charged by your financial institution.

Looking for the new Historical Currency Converter?

© 1996 - 2019 OANDA Corporation. All rights reserved. "OANDA", "fxTrade" and OANDA's "fx" family of trademarks are owned by OANDA Corporation. All other trademarks appearing on this Website are the property of their respective owners.

Leveraged trading in foreign currency contracts or other off-exchange products on margin carries a high level of risk and may not be suitable for everyone. We advise you to carefully consider whether trading is appropriate for you in light of your personal circumstances. You may lose more than you invest (except for OANDA Europe Ltd customers who have negative balance protection). Information on this website is general in nature. We recommend that you seek independent financial advice and ensure you fully understand the risks involved before trading. Trading through an online platform carries additional risks. Refer to our legal section here.

Financial spread betting is only available to OANDA Europe Ltd customers who reside in the UK or Republic of Ireland. CFDs, MT4 hedging capabilities and leverage ratios exceeding 50:1 are not available to US residents. The information on this site is not directed at residents of countries where its distribution, or use by any person, would be contrary to local law or regulation.

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The CBC webpage shows information related to Canadian’s travelling to U.S. It says that in the last 3 years the value of Canadian dollar to the U.S. has declined which affects the travelling people. So, to handle this situation they have highlighted 5 ways to get more in exchange for the fallen dollar rate.

There are abundant websites which gives us numerous ways to get more exchange rates but the uniqueness of this website is in their last way. They have a different way to cut down the fees in the market even I got to know for first time which is the way of stock markets. They suggested for buying shares in inter-listed company in Canadian stock and if you have huge amount to trade you can negotiate to get better then bank.

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For Canadians travelling to the U.S., or to many other countries, there's no way around that falling Canadian dollar. But there are ways to save some money on your currency conversion.

Three years ago, the Canadian and U.S. dollar were equal in value. The loonie has since fallen by nearly one-third.

Options abound and it would be nice if there was a comparison-shopping website for currencies, but we didn't find one to recommend.

Nilan Peiris, of TransferWise, a London-based online money-transfer company, says it's not easy for customers to find the best deal when it comes to money transfers.

"It's almost impossible to figure out, as a consumer, if you're getting a good deal," he says.

Experts tell us, as a general rule, you will get the worst rates at currency booths in airports and train stations.

At the bank

It should cost less exchanging your Canadian dollars at your neighbourhood bank before leaving on your trip.

But both the University of Toronto's Ambarish Chandra and Friedberg Mercantile Group's Michael Hart tell CBC News better rates exist elsewhere.

"Banks do work to ensure that the rates they offer are competitive, and they can be better than other foreign exchange providers," according to the Canadian Bankers Association.

Bank rates can be better, but they can also be worse. As with many purchases, it's "buyer beware."

Currency exchanges post rates for buying or selling a currency. Consumers want to exchange at a rate that's close to the midpoint of those buy-and-sell rates. Peiris refers to that mid-market rate as the only "real exchange rate."

So what's a consumer to do?

Peer-to-peer currency exchange

Let's say your next-door neighbour has a relative who's just arrived from Europe and wants to convert Euros to Canadian dollars. Your neighbour, knowing you plan to soon leave for Europe, puts you in touch with her relative.

If the two of you agree to make the exchange at the mid-market rate for the Euro and the dollar, you will both do better than you could at a bank or currency exchange.

According to the Bank of Canada's rough estimate, the fee banks and other financial institutions charge consumers "is typically around four per cent of the amount being converted."

In the scenario above, both you and the neighbour's relative save that four per cent.

That was the idea behind TransferWise.

The company is currently improving their setup for transferring Canadian dollars, and by the end of March, Peiris says it will be cheap, easy and fast to transfer loonies into other major currencies using their website.

TransferWise was started in 2011 by two friends who frequently travelled between the U.K. and Estonia: Kristo Kaarmann, a former management consultant, and Taavet Hinrikus, Skype's first employee.

TransferWise does peer-to-peer money transfer, using the midpoint rate for the two currencies and charging a fee of about one per cent on transfers between $500 and $1,000 US, with the rate dropping slightly for larger amounts. The fee on a $50,000 transfer would be about 0.72 per cent.

Peiris, the company's vice-president of growth, says TransferWire strives to be transparent with consumers. He views the rest of the industry as almost in collaboration "to obfuscate pricing and make it much more difficult for consumers to shop around."

Exchange currency online

If exchanging amounts over $5,000, U of T's Chandra recommends online currency exchanges. Chandra teaches business economics, with his current research focusing on travel and trade across the Canada-U.S. border.

That includes websites like TransferWise , OFX, XE Trade, and Payline by International Currency Exchange.

Other companies, like Knightsbridge Foreign Exchange, do transactions over the phone.

In general, using these services requires some advance planning - the first time you use it, you will need to set up an account - and have bank accounts in both currencies. The exchange can take up to six business days but usually takes about three.

You can pay off a foreign currency credit card this way, or use it to get cash, but that will require a visit to the bank.

To get around not having the right foreign currency bank account, people sometimes have the money transferred to the account of a friend or relative where they will be travelling. In the trade, this is known as "using a friend as an ATM."

Credit card alternatives

For most Canadian tourists going on short trips, most of the time Chandra advises using your credit card to make purchases in the U.S. and many other countries. Their exchange rate should be slightly better than the banks, he says.

Expect to lose about 3.5 per cent using your credit card in the U.S., and more than four per cent in other countries.

Frequent travellers can do even better using a U.S. dollar credit card, Chandra says. You may be able to get a card through a U.S. bank and some Canadian banks also offer U.S. credit cards, as well as U.S. dollar accounts.

The key to saving is in how you pay that monthly credit card bill (and don't forget to check credit card fees).

There are also credit cards available that don't charge foreign exchange transaction fees.

Rogers Bank, from the telecom Rogers, offers one through MasterCard. Rogers says they don't add a 2.5-per-cent charge, the way the big banks do on their credit cards, and the exchange rate they use, for U.S. dollars at least, is the Bank of Canada's mid-market rate. The big bank credit cards use the MasterCard or Visa exchange rate, which costs the consumer another one per cent or so.

Other credit cards that say they don't charge a foreign exchange fee include the Marriott Visa and Amazon Visa from Chase Canada.

Another way to cut the fees

Chandra has another recommendation for a way to avoid foreign exchange fees. This method requires buying shares in an interlisted company on a Canadian stock exchange and then selling those shares on, say, a U.S. stock exchange.

This method should get you U.S. dollars at the true mid-market rate, he says. He recommends this method for exchanging large sums and doing it through an online broker to keep the trade fees low. And of course, the stock price could go up or down in between your two trades.

If you are trading large amounts, you can also negotiate a better rate than what the bank or exchange company posts, especially if you can prove other places are offering a better deal.

While the loonie may be way down right now, Chandra advises against gaming the markets in hopes of getting a better rate. "It's not worth the trouble and the psychic costs of trying to look at the markets every day," he says, adding that "you're very rarely going to win by a whole lot."

One of the best ways to save money on currency exchange is to pay with Canadian cash in the U.S. Despite the plunging loonie, some U.S. businesses still accept Canadian currency at par, although the number is dwindling.

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How to get a better currency exchange deal on the low loonie | CBC News

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For Canadians travelling to the U.S., or to many other countries, there's no way around that falling Canadian dollar. But there are ways to save some money on your currency conversion. Three years ago, the Canadian and U.S. dollar were equal in value. The loonie has since fallen by nearly one-third.

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If you are planning to travel in this Christmas vacation or have planned your trip and book every necessary thing then you need to have a look at this website. Everyone will suggest you the Do’s list but here the website gives you the don’t list. They have given 10 money mistakes to avoid. It happens most of the time that preparing everything for vacation we forget the small important details.

I found interesting that those 10 things are the most common ones which I do when visiting some place, hotel or riding a taxi. From this website I realized that they were the silly mistakes which could be avoided if I had the knowledge before.

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When budgeting for a trip, we often list the big-ticket items-airfare, hotel, lodging, car rental, attraction tickets-add them all together, and call it the final price. But the trickle of funds to other costs starts almost as soon as we start moving: Gas to and from the airport, tolls, airport parking, overpriced bottles of water in the airport, and more.

That trickle doesn't stop when you arrive at your destination; think cell phone charges, bank fees, hotel Wi-Fi, and housekeeping tips, to name a few. To avoid spending more than you have to, check out these 10 travel money mistakes to avoid.

Forgetting to call your bank before traveling abroad is a common error that even frequent international travelers make; it slips your mind until the plane touches down, and by then it's often too late. These days banks have almost zero lag time in noticing a debit or credit card being used abroad, so you will get shut down on pretty much your first swipe in a foreign country.

As banks have gotten more sophisticated about tracking card use locations, this can even be important for domestic travel, and most banks recommend that you let them know about those closer-to-home trips as well. Fraud detectors can be tripped if you're suddenly using your card across the country, making more or different purchases than you usually do, or charging unexpectedly large amounts (such as a weeklong hotel stay).

Note that this applies to debit cards as well as credit cards, and you sometimes need to talk to more than one department even inside the same bank to get them all approved for travel.

While traveling internationally, each time you go get cash you will likely incur a fee of some kind. These can vary a lot depending on whether the ATM is run by a large bank or not, if the bank is on your card's network, and more. Keep in mind that fees can change from year to year, so it's worth checking before every trip.

That first taxi ride from the airport may be your most financially vulnerable moment of any trip-the time when you have no idea how far it is, what a fair price is for the ride, whether you have lower-cost alternatives such as a train or bus, or even whether your hotel has a free shuttle. It's best to figure all of this out before your trip; when you arrive you are tired, often without much cash and carrying a ton of luggage. You don't want to be fumbling around trying to figure all this out on the airport curb.

How much could a few texts, a bit of mapping, a few email checks and a batch of social media updates cost per day? Plenty, it turns out-so be sure to purchase an international roaming plan that will cover you while you're away. For more information, see The Best International Phone Plans for Travelers.

Especially in the first several hours at your destination, having done a little research on the local exchange rate against your home currency can make a huge difference. Often it takes a couple of days really to get a handle on how much things cost, but this can take even longer if you are traveling in an area where prices may not be so fixed as they are at home. Knowing the exchange rate cold so you can do the math quickly in your head will help considerably. See How to Get the Best Exchange Rate for more info.

Barely anyone accepts them anymore, they're not cheap, you have to invest a fair amount of time in obtaining and purchasing them, and credit cards give you a far better rate of exchange in most parts of the world. Skip 'em.

Tipping customs vary immensely from place to place, and not having knowledge of these can be both awkward and expensive.

Tipping practices can also vary from industry to industry as well; in Brazil, for example, a 10 percent tip is customary in a restaurant, but it might already be included, so you will want to check the bill. On a taxi ride you just round up to the nearest one (or five if you are feeling generous) for most rides (so for a 13 reais taxi ride, you give 14 or 15 reais).

One note on U.S. travel: As the movement to pay restaurant workers higher wages gains steam, some restaurants are telling customers that they no longer need to tip. I saw this at two restaurants in Seattle last month (where a new $15 minimum wage law went into effect recently); check your bill to make sure.

Many travelers will leave it until the end of a trip to tip the housekeepers (usually by leaving some cash on top of the bed); this can backfire. On any given stay, you might have a different housekeeper from one day to the next, and to be the fairest and to get the best treatment, it's best to leave something each day. Many housekeepers live on subsistence wages, and this is both the right thing to do and also arguably a bit of blood money-most of our readers have seen the hidden camera videos of crossed housekeepers, and a small tip each day can keep you on their good side. To learn more, see How Much to Tip Hotel Housekeeping.

Shoving your wallet in your back pocket or your purse over your shoulder is such a natural and almost automatic action that almost all of us will do this at some point in our travels. It's also the easiest way to get pickpocketed or ripped off, as these spots are both obvious to thieves and difficult to protect.

This doesn't apply only to your wallet; you will want to secure anything that someone could grab quickly. On a recent trip to Rio, we got on a train to the legendary Maracana stadium for a game featuring the local futbol favorite Flamengo. It was rush hour, and the train was insanely packed; despite living for more than a decade in New York City and having taken countless trips around the world, I have never experienced anything like it. If there was ever an environment ripe for pickpocketing and unseen thefts, this was it. I had a backpack with sweatshirts and a camera inside, so I looked around at how the locals were dealing with it and noticed that everyone had their backpacks and bags in front of them.

A button on your back pocket or an across-the-body bag instead of an over-the-shoulder purse can also help here; adding just a little bit of difficulty is often enough to inspire thieves to look for other victims.

You'll want to avoid checking bank balances, making online payments or entering financially sensitive passwords of any kind while using public internet or Wi-Fi networks. Occasionally it's unavoidable, and the number of hotel Wi-Fi systems with keystroke loggers installed by sophisticated hackers is extremely low-but it's always a risk.

Note also that a hack doesn't have to be an inside job-that is, a hotel employee or system installer-but can also be a fellow lodger who has hacked into the minimally protected (if at all) hotel Wi-Fi network.

Hopefully, by keeping your money on your mind just a little, these tips will help you keep your money in your bank account as well.

You Tell Us: Which travel money mistakes have you made?

More from SmarterTravel:
Editor's note: This story was originally published in 2017. It has been updated to reflect the most current information.

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10 Travel Money Mistakes to Avoid | SmarterTravel

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When budgeting for a trip, we often list the big-ticket items-airfare, hotel, lodging, car rental, attraction tickets-add them all together, and call it the final price. But the trickle of funds to other costs starts almost as soon as we start moving: Gas to and from the airport, tolls, airport parking, overpriced bottles of water in the airport, and more.

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Travelling to a totally new place for first time is challenging. Everyone would have some or the other doubt related to their place and it makes you stressed out when there is no one to answer. So, this is the site to answer all of your questions. It has different forums where travellers get the opportunity to share their experience. The forums differ by country, continents, companion, and interest like for kids, health, life in ocean, LGBTI, older and many more.

I selected this website apart from my topic because I found it very cool. I felt like it could acts as a friend or companion to a traveller wanting to expose the world and the step to solve your queries.

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Since 1996, this has been the place for travellers to share experiences, ask questions and get answers.

You can explore the forum by country and continent, by interest, like hiking, culture, tech and health, searching for a travel buddy, or simply by having a chat. To begin, just start typing. Or check out our featured topics below.

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Since 1996, this has been the place for travellers to share experiences, ask questions and get answers. You can explore the forum by country and continent, by interest, like hiking, culture, tech and health, searching for a travel buddy, or simply by having a chat. To begin, just start typing.

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The image is of the North America and Caribbean map showing exchange rate of 21 different countries with U.S. dollar. It also shows the image of the currency note above it. Compared to all countries in north America the highest stand is of Cayman island dollar and lowest is the Haitian gourde.

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The value of currency differs across the world and often change over time. The currency exchange rate converts the value of one form of currency into another. Knowledge of this rate is especially useful when traveling to different countries. In a recent article released by Reuters, currency market strategists are predicting greater weakness in the U.S. dollar over the next few months. We created maps of areas around the world with the current value of 1 USD across each country's respective currency. In the map below, currencies for North America are shown with the exchange rate of 21 different countries. The strongest currency is the Cayman Islands dollar. The exchange rate of the Cayman Islands dollar is 0.82 for 1 USD. The weakest currency is the Haitian gourde. 1 USD is equivalent to 61.4 Haitian gourde. The Cayman Islands is the only country with a stronger currency than the U.S. dollar.
Strongest Currencies

Cayman Islands: 1 USD = 0.82 Cayman Islands dollar

United States: country uses USD as currency

Puerto Rico: country uses USD as currency

Panama: 1 USD = 1 Panamanian balboa

Cuba: 1 USD = 1 Cuban convertible Peso

Bermuda: 1 USD = 1 Bermudian dollar

Weakest Currencies

Jamaica: 1 USD = 121.3 Jamaican dollar

Haiti: 1 USD = 61.4 Haitian gourde

Dominican Republic: 1 USD = 45.6 Dominican peso

Trinidad and Tobago: 1 USD = 6.6 Trinidad dollar

St. Lucia: 1 USD = 2.7 Caribbean dollar

St. Kitts Nevis Anguilla: 1 USD = 2.7 Caribbean dollar

St. Vincent and Grenadines: 1 USD = 2.7 Caribbean dollar

Currencies for South America are shown with the exchange rate of 13 different countries. The strongest currency is located in French Guiana. This country uses the Euro, which has an exchange rate of 1 USD = 0.88 Euro. The weakest currency is the Paraguayan guaraní, 1 USD is equivalent to 5,666 Paraguayan guaraní. French Guiana is the only country with a currency stronger than the U.S. dollar.
Strongest Currencies

French Guiana: 1 USD = 0.88 Euro

Ecuador: country uses USD as currency

Peru: 1 USD = 3.34 Peruvian nuevo sol

Brazil: 1 USD = 3.61 Brazilian real

Suriname: 1 USD = 3.95 Surinamese dollar

Weakest Currencies
Currencies for Europe are shown with the exchange rate of 27 different countries. The strongest currency is located in the Isle of Man. This country uses the Manx pound, which has an exchange rate of 1 USD = 0.69 Manx pound. The weakest currency is the Belarusian ruble, 1 USD is equivalent to 20,096 Belarusian ruble. In the map, 5 locations have stronger currencies than the U.S. dollar: Isle of Man, Great Britain - UK, European Union, Liechtenstein, and Switzerland.
Strongest Currencies Weakest Currencies
Currencies for Africa are shown with the exchange rate of 49 different countries. The strongest currency is located in Zimbabwe, which uses the U.S. dollar as its currency. The weakest currency is the Guinean franc, 1 USD is equivalent to 7,573 Guinean franc. No countries have stronger currencies than the U.S. dollar.
Strongest Currencies

Zimbabwe: country uses USD as currency

Libya: 1 USD = 1.37 Libyan dinar

Tunisia: 1 USD = 2.01 Tunisian dinar

Ghana: 1 USD = 3.86 Ghanaian Cedi

Sudan: 1 USD = 6.10 Sudanese pound

South Sudan: 1 USD = 6.10 South Sudanese pound

Weakest Currencies
Currencies for the Middle East, Asia and Russia are shown with the exchange rate of 45 different countries. The strongest currency is the Kuwaiti dinar. The exchange rate of the Kuwaiti dinar is 0.30 for 1 USD. The weakest currency is the Iranian rial, 1 USD is equivalent to 30,165 Iranian rial. In the map, 4 locations have stronger currencies than the U.S. dollar: Kuwait, Oman, British Indian Ocean Territory, and Jordan.
Strongest Currencies Weakest Currencies
Currencies for Oceania are shown with the exchange rate of 28 different countries. The country with the strongest currency is Palau, which uses the U.S. dollar as its currency. The weakest currency is the Vanuatu vatu, 1 USD is equivalent to 109.9 Vanuatu vatu. No countries have currencies stronger than the U.S. dollar.
Strongest Currencies

Palau: 1 USD = country uses USD as currency

Micronesia: 1 USD = country uses USD as currency

Guam: 1 USD = country uses USD as currency

American Samoa: 1 USD = country uses USD as currency

Timor-Leste: 1 USD = country uses USD as currency

Norfolk Island: 1 USD = 1.3 Australian dollar

Australia: 1 USD = 1.3 Australian dollar

Weakest Currencies
The USD goes a long way across the world

Aside from a few countries, the value of the USD is higher than most countries' currencies. In fact, there are no African countries whose currency is greater in value (Zimbabwe uses the USD as its currency). Countries with stronger currencies include Kuwait, Oman, Jordan, Isle of Man, Great Britain, Eurozone countries, Switzerland, Liechtenstein, and the Cayman Islands. Some of the weaker currencies include Iran, Guinea, Paraguay, Belarus, and Armenia. For instance, it takes 30,165 Iranian rial to equal the value of 1 USD! Although currency strategists predict a weakening of the USD in the next few months, Americans traveling around the world now can stretch their dollar in many countries!

The World Map of Currencies pic.twitter.com/ZxTkawm2cK https://t.co/kcIVUeBc3j via @howmuch_net #dataviz #map
- How Much (@howmuch_net) April 26, 2016

Please feel free to leave your comments below! We would like to hear your feedback.

Correction: May 2nd, 2016

An earlier version of this article showed Lithuania using its old currency: the Lithuanian Litas. We are now showing Lithuania using the Euro.

Sources: Currencies Around the World

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The value of currency differs across the world and often change over time. The currency exchange rate converts the value of one form of currency into another. Knowledge of this rate is especially useful when traveling to different countries. In a recent article released by Reuters, currency market strategists are predicting greater weakness in the U.S.

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The image is interesting to see the currency symbols from different countries in alphabetical order. Each letter is subtitled with the name of the currency and the country. Picture looks colorful as is tries to replicate the national flag within the currency symbol.

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Download high-quality Alphabet currency symbols different countries. images, illustrations and vectors perfectly priced to fit your projects budget.

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From this topic I learned many new things like -What are the different currencies around the world? Which is the highest of all? Common mistakes that needs to be avoided while travelling in future, proper usage of anti-theft devices available in the market, most important how to exchange currency and what are the most beneficial ways for doing it?

I will be travelling to U.S in the Christmas vacation so, I selected this topic beforehand to get the knowledge about currency exchange and keep myself prepared for the vacation to make the journey enjoyable and stress free. It will also help me as I am an international student in Canada so; in the future I will be travelling to my home country and many new places by handling the Canadian dollar for exchange.

The knowledge which I gained while researching this topic is appropriate for guiding any person who is seeking to travel abroad. I can help my family members and friends by sharing the padlet wall I created to have an access for the information without any errors. The one thing to pass on for sure will be that never exchange currency at the airport and instead go for comparing others ways available in your market before travelling