# data[].attributes.body
Welcome to my wall. On this wall you will learn about comparing currencies from different countries. How we handle/ exchange during travelling. In the world we have very different currencies ranging from Euros, Canadian Dollar, Japanese Yen, Bahamian Dollar, USD, Great Britain Pounds, Indian Rupee, and AUD. I really hope you like my wall

# data[].attributes.body
Summary

This website tells us about the to 16 strongest currencies in the world, ranging from Bulgarian Lev to Kuwait Dinar. The website also has a links if you want to jump to different content around the website. The website also tells us about the trading currency pairs. As well as frequently asked questions.

Why I chose this website

I chose this website because I liked how it was step up with the exchange rates in alphabetical order and also how there were links at the top so you don't have to scroll when you can just press the link.

# data[].attributes.attachment_link.readable_text
Ever wondered what the world's strongest currency is? The United Nations recognises around 180 currencies as legal tender but which one holds the most value? Read ahead to discover the 16 strongest currencies that are used on a daily basis in 2021 and exchanged in currency trading.

To compare the value, we have used the United States dollar as the fixed base. The strongest here is defined as the one that is the most expensive in comparison to the US dollar. That is, the one that gives you the smallest return for 1 US dollar. This information is up to date as of April 2022 and currency conversions are taken from Wise.

Get tight spreads, no hidden fees and access to 12,000 instruments.

Includes free demo account

12. Australian dollar

The Australian dollar (AUD) is the national tender of Australia; it is also used by its external territories and some pacific island states. Although it is not the most expensive tender in the world, it is extremely valuable and one of the most stable on this list.

1 US dollar will get you around 1.32 Australian dollars. The Australian dollar is also the 5th most traded on the forex market and accounts for around 6.8% of daily trades. Some reasons for why the AU dollar is so popular include its stability, high-interest rates, and the view that it holds diversification benefits.

Do you think the AUD will climb the rankings or drop off the list? You can trade the Australian dollar based on your speculations with a risk-free forex trading demo account.

10. United States dollar

The US dollar belongs to the United States and several other countries. It is the world's primary reserve currency and is held by most central banks and commercial banks globally. Because of its widespread adoption, the US dollar also accounts for around 88.3% of daily trades in the foreign exchange market.

The US dollar holds many first-place titles, including the richest country in the world, but remarkably only comes 10th when ranked as a contender for the world's highest currency. The US dollar appears at 10th position, as 1 US dollar is worth exactly that - 1.0 US dollar.

9. Swiss franc

The Swiss franc or CHF is used throughout both Switzerland and Liechtenstein.

1 US dollar will buy your around 0.93 Swiss Franc, so the Swiss franc comes in as the first to be higher value than the US dollar. This, however, is no surprise given that Switzerland is one of the most stable and wealthy countries in the world. It also acts as a safe haven​ for investors in periods of economic instability, along with USD and JPY.

The Swiss franc is also the 7th most traded in the world, gaining its popularity as a safe bet when trading or storing money, due to its strict monetary policies and low debt levels.

5. Pound sterling

The Great British pound, the pound sterling or the GBP is the 5th most valuable currency in the world. Although the GBP is not the most powerful in the world, it does keep the title as the oldest currency still in use​.

The pound sterling is also the 4th most traded currency globally, accounting for around 12.8% of daily trades on the foreign exchange market.

When exchanging a single US dollar, you will receive around 0.76 Great British pounds in return. This forex pair is commonly known as "the cable" and is the 3rd most traded in the world.

4. Jordan dinar

The national currency of Jordan is the Jordanian dinar or JOD, which earns the position of number four. It became Jordan's official legal tender in 1950 after it replaced the Palestinian pound.

1 US dollar is transferrable for around 0.71 Jordanian Dinar, earning the JOD a rightful place in the top 5 most valuable.

Seamlessly open and close trades, track your progress and set up alerts

# data[].attributes.attachment_link.title
Top 16 Strongest Currencies In The World | CMC Markets

# data[].attributes.attachment_link.description
Ever wondered what the strongest currency in the world is? See our list of the 16 strongest currencies that are available to trade in the forex market today.

# data[].attributes.body
This website shows us about examples, graph pictures, how different currencies are worth about the same where ever you go like the US and Canada or US and Indonesia. In the the US and Indonesia a snicker bar in the US costs about the same there or maybe more as it does in Indonesia.

I chose this website because I liked how it used the example of the snicker bar but I'm more of a candy girl myself. I also like how it showed all of the different graphs and pictures to give it some visuals as well. I also liked how they have the links as well.

# data[].attributes.attachment_link.provider_name
World101 from the Council on Foreign Relations

# data[].attributes.attachment_link.title
Understanding Currencies and Exchange Rates

# data[].attributes.attachment_link.description
Supply and demand influence how much a currency is worth. Learn how exchange rates affect producers and consumers.

# data[].attributes.body
This website tells us the steps on how to find exchange rates, compare them, understand exchange rate types, how to save money on currency conversions, how to monitor them changing. The other thing they list on this website is some other things to think about when comparing currency exchange.

I liked this website because the website has the topic or question, then a little intro or body and then someone has put their ideas in. I also liked this website because its organized unlike the other ones I have looked at. I also liked how there is links at the top to direct you to the topic or question.

# data[].attributes.attachment_link.readable_text
If you travel, shop online, or send money abroad, you need to know how to compare exchange rates for different currencies. Exchange rates tell you how much your money is worth in another currency, and they can vary depending on where and how you exchange it. In this article, you will learn how to find and compare exchange rates, what factors affect them, and how to save money on currency conversion.

# data[].attributes.attachment_link.title
How can you compare exchange rates for different currencies?

# data[].attributes.attachment_link.description
Learn how to find and compare exchange rates, what factors affect them, and how to save money on currency conversion.

# data[].attributes.body
In summary,

This website I chose tells us about the list of the currencies in the world and how exchange rates are created. It also shows us the ISO codes of the exchange rates as well. At the top is says that there is in total 163 official currencies around the world.

The reason why I chose this website is tells me that there is more currencies then I thought in the world like I didn't know there was a country called Angola. Another reason why I like this website is because it tells me how exchange rates are created in the world.

# data[].attributes.attachment_link.readable_text
Altogether, there are 163 official currencies around the world. Of these 163, however, 47 currencies are tied to another with a fixed exchange rate.

This means that, for example, the Danish krone is a currency in its own, but is tied to euro with a constant rate. Other currencies like the Bahamian dollar even correspond to the US dollar directly in a 1:1 rate.

The oldest currency still in use is the British pound sterling. It spread over Great Britain and various colonies for more than 1,200 years.
Currency and gold reserves

Reserve currencies

A reserve currency is a currency that is also used to a particular extent as a means of payment beyond its country of origin. For example, the U.S. dollar has been considered a reserve currency since World War II because, for example, oil prices are always calculated in dollars and numerous other currencies have pegged themselves to the U.S. dollar. The dollar has enormous influence, accounting for 63 percent of global foreign exchange reserves (end of 2017). Since 2002, the euro has also increasingly been seen as a reserve currency. Although it still has a share of "only" 16 percent in terms of international use, it is gaining acceptance in more and more economies and also exhibits greater stability.

Depending on the interpretation of the term reserve currency, other currencies are also regarded as such: The British pound has traditionally played a strong role in the countries of the British Commonwealth. In Southeast and Far Asia, the Japanese yen is of enormous importance, but is slowly losing its significance due to its original circulation and is ceding its role to the Chinese renminbi. Incidentally, because of its stability, the German mark was also considered the reserve currency for the intra-European economy before the introduction of the euro.

List of all currencies

All current official currencies are represented in the following list. Click on the respective currency name to view more information and conversion rates. An extensive CSV file with all ISO codes and conversion rates is also available in the download area.

How exchange rates are created

Roughly speaking, an exchange rate is the price of one currency in another. As with all things in a market economy, supply and demand regulate this price. However, money is not only exchanged for another currency because people are going on vacation or paying for goods from abroad. The largest currency transfers are made by countries that hedge each other by holding large amounts of foreign currency. If a state gets into economic difficulties, its currency is often also damaged. The smaller this foreign currency is, i.e., the less widely used it is worldwide, the more likely it is that exchange rates will begin to fluctuate. These fluctuations mean uncertainty for its investors, the currency is less and less in demand and the price falls.

To prevent a currency from fluctuating too much, one move is to raise or lower key interest rates, which changes demand in the desired direction. Also well-known, especially in Europe, are the interventions by the central bank, which buys or sells large amounts of foreign currency in order to influence a currency.

# data[].attributes.attachment_link.description
All currencies worldwide with futher information like exchange rates and dependencies

# data[].attributes.body
In summary,

This video shows us all 163 currencies from around the world and the pictures of what the money looks like in their country. The video also shows the logo that they use for the money in the different countries. The money exchange rates is shown in alphabetical order.

The reasons why I piked this video and that its different from others is because it shows the logos of the money and how they say dollar in their country. Another reason why I piked this video is because the video goes kind of slow so you can actually see the pictures and the logos.

# data[].attributes.attachment_link.title
comparing currency from different countries - Google Search

# data[].attributes.body
In summary,

This video shows us the top 50 strongest currencies around the world, in comparison with the US dollar. This video also shows the graph at the bottom and the bars getting bigger with every currency.

The reasons why I had chosen this video is because I really like how they showed in both the pictures kind of the exchange rate to go along with it. Another reason why I had picked this video is because I really like the graph at the bottom. Another reason why I liked this video is because I liked looking at the graph and seeing the bar get bigger with every currency

# data[].attributes.attachment_link.title
Learn Money. Top 50 Strongest Currencies. Comparison with the US Dollar.

# data[].attributes.body
In summary,

This video shows the guy showing us how to spend $1 in different countries while using different currencies as well, ranging from an iced tea, beer, pho, rickshaw ride, pipping hot chai tea, and into a public bathroom.

The reasons I chose this video is because I thought it was cool to see what you can get for $1 in all different countries. Another reason why I chose this one is if I were to travel then I would know what I could get for a dollar in France, US, and Slovenia.

# data[].attributes.attachment_link.title
How POWERFUL is $1?  (Spending $1 in 10 Countries)

# data[].attributes.body
In summary,

This video goes through in depth on why every country uses their own or different currencies then other countries. It also tells us why the US dollar is so commonly used around the world. The video also tells us which countries use the US dollar.

The reason why I had chosen this video is because I thought I could learn a thing or two about why the countries use different currencies. One piece of information that I thought was useful than the other videos is the way they went about putting all of the information together.

# data[].attributes.attachment_link.title
Why Do Some Countries Use Foreign Currencies?

# data[].attributes.body
In summary,

This picture shows how cheap it is to buy a product that you could in South Korea then it is in the US.

I chose this picture because I thought it was cool to see how something that you could in the US would be so expensive where as in South Korea it so cheap.

# data[].attributes.body
In summary,

This picture shows power parity being explained in a simple way.

The reason why I chose this picture is because I didn't know what power parity meant until I read this. I also chose this picture because I liked the example with the big mac.

# data[].attributes.body
The things that surprised me the most was how many different currencies there is in the world, and also the so many different things that you could get for a dollar in different countries. A real life example of how this topic is relevant or interesting is if wanted to get GBR (Great British Pounds) for my brother who is currently living in England, so I know what the exchange rate will be to do so. Some things that I know now would be to do research about exchange rates and money for the country that the family member or friend is going to.