Top 10 Highest Value Currencies In The World

Top 10 Highest Value Currencies In The World: 10. The United States dollar is the official currency of the United States and its insular territories. It is divided into 100 smaller cent units. The circulating paper money consists of Federal Reserve Notes. The U.S. dollar is fiat money. It is the currency most used in international transactions and is the world's primary reserve currency. Code - USD Banknotes - 1,5,10,20,50,100 Dollar (2 Dollar Note Rarely used) Coins - 1,5,10,25 Cents (50 Cents & 1 Dollar Rarely Used) User - United States Issuance - Federal Reserve System Inflation - 1.06% (Aug. 2016) 9. The euro is the official currency of the eurozone, which consists of 19 of the 28 member states of the European Union: Austria, Belgium, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, the Netherlands, Portugal, Slovakia, Slovenia, and Spain. Code - EUR Banknotes - 5,10,20,50,100,200,500 Euro Coins - 1,2,5,10,20,50 C & 1,2 Euro User - Eurozone Issuance - European Central Bank Inflation - 2.6% (2012 est.) 8. The Cayman Islands Dollar is the currency of the Cayman Islands.It is abbreviated with the dollar sign $, or alternatively CI$ to distinguish it from other dollar-denominated currencies. The Cayman Islands dollar was introduced in 1972, replacing the Jamaican dollar at par. Jamaican currency and Cayman Islands dollars both remained legal tender until 1 August 1972. Code - KYD Banknotes - 1,5,10,25,50,100 Dollar Coins - 1,5,10,25 Cent User - Cayman Islands (UK) Issuance - Cayman Islands Monetary Authority Inflation - 1.2% (2012 est.) 7. The Gibraltar pound is the currency of Gibraltar. It is pegged to and exchangeable with the British pound sterling at par value. The central bank controlling the GIP, with responsibility of minting coins and printing notes, is the Government of Gibraltar. Code - GIP Banknotes - 5,10,20,50 Pound Coins - 1,2,5,10,20,50 Penny & 1,2,5 Pound User - Gibraltar Issuance - Government of Gibraltar Inflation - 2.8 (2008) 6. The pound sterling, commonly known as the pound, is the official currency of the United Kingdom, Jersey, Guernsey, the Isle of Man, South Georgia and the South Sandwich Islands, the British Antarctic Territory, and Tristan da Cunha. It is subdivided into 100 pence. Code - GBP Banknotes - 5,10,20,50 Pound (1 & 100 Pound Neither is Legal In England/Wales) Coins - 1,2,5,10,20,50 Penny User - Great Britain, Guernsey, Isle of Man, Jersey (Unofficial user - Zimbabwe) Issuance - Bank of England Inflation - 0.6% (Aug. 2016) 5. The Jordanian dinar is the currency of Jordan. It is also widely used alongside the Israeli shekel in the West Bank. The dinar is divided into 10 dirham, 100 qirsh or 1000 fulus. Code - JOD Banknotes - 1,5,10,20,50 Dinar Coins - 1/2,1 Qrish & 2.5,5,10 Piastres & 1/4,1/2,1 Dinar User - Jordan (Unofficial User - West Bank) Issuance - Central Bank of Jordan Inflation - 4.3% (2012 est.) 4. The lats was the currency of Latvia until it was replaced by the euro on 1 January 2014. A two-week transition period during which the lats was in circulation alongside the euro ended on 14 January 2014. It is abbreviated as Ls and was subdivided into 100 santimi. Code - LVL Banknotes - 5,10,20,50,100,500 Latu Coins - 1,2,5,10,20,50 Santimu & 1,2 Lati User - Latvia Issuance - Bank of Latvia Inflation - 2.5 (2012 est.) 3. The rial is the currency of Oman. It is divided into 1000 baisa. Before 1940, the Indian rupee and the Maria Theresa thaler were the main currencies circulating in Muscat and Oman. In 1970, the rial Saidi was made the currency of Oman. It was equal to the British pound and replaced the Gulf rupee at a rate of approximately 21 rupees to the rial. Code - OMR Banknotes - 100,200 Baisa & 1/2,1,5,10,20,50 Rials Coins - 5,10,25,50,100 Baisa User - Oman Issuance - Central Bank of Oman Inflation - 3.5% (2012 est.) 2. The dinar is the currency of Bahrain. It is divided into 1000 fils. The name dinar derives from the Roman denarius. The dinar was introduced in 1965, replacing the Gulf rupee at a rate of 10 rupees = 1 dinar. Code - BHD Banknotes - 1/2,1,5,10,20 Bahrain Dinar Coins - 5,10,25,50,100,500 Fils User - Bahrain Issuance - Central Bank of Bahrain Inflation - 3% (2012 est.) 1. The Kuwaiti dinar is the currency of Kuwait. It is sub-divided into 1,000 fils. The Kuwaiti dinar is the world's highest-valued currency unit. The dinar was introduced in 1960 to replace the Gulf rupee, equal to the Indian rupee. It was initially equivalent to one pound sterling. Code - KWD Banknotes - 1/4,1/2,1,5,10,20 Dinar Coins (Freq. used) - 5,10,20,50,100 Fils User - Kuwait Issuance - Central Bank of Kuwait Inflation - 3.2% (2012 est.) IMAGE SOURCE: "GOOGLE SEARCH" SOURCE: http://worldknowing.com/which-country-has-the-highest-currency-value-in-the-world/ https://en.wikipedia.org/wiki/List_of_countries_by_inflation_rate

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