TOP 10 – THE MOST EXPENSIVE WORLD CURRENCIES IN 2019

What do you think, which currency is the most expensive in the world today?

Most believe that the British pound is the highest currency; however, as it turned out it is not. Especially, for blog readers, we compiled the list of the strongest world currencies (Dated 13 Jan 2019).

By the way, we also have the TOP 10 of the weakest world currencies.

No. 1 – Kuwaiti Dinar (1 KWD = 3.29 USD)

Currency code – KWD

1 KWD = 3.29 USD

The Kuwaiti Dinar is the world’s highest-valued currency against the US Dollar.

Kuwait is a small country with enormous wealth. The high value (rate) of its currency is explained by significant oil exports into the global market.

No. 2 – Bahraini Dinar (2.65 USD)

Currency code – BHD

1 BHD = 2.65 USD (pegged to dollar)

The Bahrain Dinar is the second most valuable currency.

Bahrain is a Persian Gulf island state with a population of just over 1 million people. As in the first case, this country’s largest source of income are the «black gold» exports.

It is interesting that the Bahrain Dinar is pegged to US Dollar exchange rate, and its rate against the US Dollar has remained stable since 2005 already.

No. 3 – Oman Rial (2.60 USD)

Currency code – OMR

1 OMR = 2.60 USD (pegged to dollar)

Oman is a country on the Arabian Peninsula. Thanks to its strategic location, it possesses a developed economy and a high quality of life.

The Oman Rial is also pegged to US Dollar as Bahrain Dinar.

It is remarkable that purchasing power of this currency is so high that the government had to issue 1/4 and 1/2 Rial banknotes. On the picture above, you can see 1/2 Rial (Half Rial).

No. 4 – Jordan Dinar (1.41 USD)

Currency code – JOD

1 JOD = 1.41 USD (pegged to dollar)

It is hard to explain the high value of Jordan Dinar. This country is not economically developed and it lacks essential resources, such as oil.

Nevertheless, one Jordan Dinar costs 1.41 US Dollar, what makes it one of 10 the strongest world currencies.

No. 5 – British Pound Sterling (1.26 USD)

Currency code – GBP

1 GBP = 1.26 USD

Most people think that British Pound is the strongest world currency, but it only closes the top five of this list.

British Colonies issue their own banknotes, which visually differ from banknotes issued by the Bank of England, but they are valued as 1 per 1.

Therefore, there are several of them: Scottish, North Ireland, Manx, Jersey, Guernsey, Gibraltar Pounds, as well as St. Elena Island Pound and Falkland Islands Pound.

Amusingly, native Britons do not always want to accept «other» Pounds as a means of payment.

No. 6 – Cayman Islands Dollar (1.20 USD)

Currency code – KYD

1 KYD = 1.20 USD (pegged to dollar)

Cayman Islands is one of the world’s best tax havens. These islands provided licences for hundreds of banks, hedge funds and insurance companies.

Thanks to its leadership among tax havens, Cayman Islands Dollar costs near 1.22 US Dollar.

No. 7 – European Euro (1.14 USD)

Currency Code – EUR

1 EUR = 1.14 USD

The euro currency has strengthened over the past few years. This allowed it to raise the list of the most powerful currencies. Partially, its strength is explained by the fact that it is the official world currency in European countries among which you will find several economically developed countries.

Besides, Euro is the second reserve world currency enveloping 22.2% of all world savings (US Dollar has 62.3%).

No. 8 – Swiss Franc (1.04 USD)

Currency code – CHF

1 CHF = 1.04 USD

Switzerland is not only one of the richest countries in the world, but it is also one of the most stable. Its banking system had long been known for its formerly resolute «Bank Secrecy».

Besides, its high-tech goods are very well known all around the globe.

Pay attention when you see an original of this banknote. This is the only banknote I saw which has the vertical view.

No. 9 – US Dollar

Currency code – USD

1 USD = 1.00 USD

Owing to USA world economic leadership, its currency achieved such a title as «World Reserve Currency». In other words, you can make dollar payments everywhere (in any country).

No. 10 – Canadian dollar (0.75 USD)

Out of TEN

Due to the dynamically changing economic and political situation in the world, it is hard for some currencies to remain in this ranking, so here is the list of currencies that left the top ten of previous periods.

Australian dollar

Currency code – AUD

1 AUD = 0.73 USD

An interesting fact is that the new series of Australia banknotes, as pictured above, would have a tactile feature (Braille) to help the visually impaired community to tell the value of the banknote.

Also in Australia, the fight against cash is conducted by reducing the share of cash payments when making small retail purchases.

Libyan Dinar

Currency code – LYD

1 LYD = 0.72 USD

The Libyan Dinar has token money called Dirham. It is interesting that one Dinar is equal to 1,000 Dirham, and not 100, as we all used to think.

Azerbaijani manat

Currency code – AZN

1 AZN = 0.59 USD

It was a surprise to see Azerbaijani manat in this list. However, the currency of this Central Asian country is a little bit weaker than US Dollar.

The economy of this country is surprisingly strong, and its unemployment rate is low.

Read More

MORE ABOUT JOHN SHABANI

JOHN SHABANI BIOGRAPHY 

John Shabani Graduate at (INTERNATIONAL SCHOOL OF MINISTRY - ISOM and CHRISTIAN LEADERSHIP UNIVERSITY - USA) is a Tanzanian Gospel singer, song writer, Book writter, Evangelist, Vocal trainer of Christian worship music & Volunteer in helping disadvantages and people in needy. Also he's a paralegal.

He is very passionate about his community. He is a man of great faith and vision to supporting her community through different programs that help pray, support, and advice women, children, men and even needy people as well. As a volunteer,he always offer moral support to the underprivileged (orphans and all kind of people in needy). He want them to feel like worthy human beings, because they are sometimes deprived and marginalized of their basic needs and rights. They are most often isolated and neglected right from the family level. They die early, not because of sickness but just because of living in a state of hopelessness. On top of that, he has been visiting, assisting, encourage and helping refugees in their camps whenever resources allow .

 TAWIA LEADERS INCLUDING ROSE SARWATT (CHAIRPERSON), JOHN SHABANI (GENERAL SECRETARY), Meeting with Dr Amir Lakha from UK. Dr. Lakha is a Founder and Chairman of HUMANITARIAN AND CHARITABLE ONE TRUST (HACOT)

 John has been in the gospel singing ministry for a long time; currently. Besides, He’s a cofounder of the Tanzania Gospel Music Association (CHAMUITA in Swahili) and has been leading different gospel music groups here in Tanzania. 

John shabani was born in Kigoma Tanzania. He was born in a Muslim family, just after receiving Jesus Christ as his personal savior; he has been totally segregated by his family, which caused almost his whole life to be in the hands of spiritual parents and some of the maternal relatives who were already saved. 

For a long time has been conducting different praise and worship sessions, and vocal training programs in various churches both locally and even in some of the Eastern & Central African Countries. He serve as a one of church leader and also praise and worship leader with the community of the Assemblies of God based at Dar es salaam Tanzania. His aim is to spread the Good News of Jesus Christ. 

By the grace of the Lord. He has got a chance to attend ISOM program and received his diploma, then at CHRISTIAN LEADERSHIP UNIVERSITY where he received his first bachelor degree in Christian Leadeship and Biblical studies. He believe this training is going to help him to achieve his dreams and vision of creating and effectively leading a center for teachings encouraging people and worship God. 

One of my tour in KAKUMA Refugee camp 

(one of biggest refugee camp in Africa) and Turkana area in Kenya

 (visiting Adzabe people and Barbaig)

 John shabani with a group of orphans children

John with the mission of helping people in needy. 

Donated food and other items to the mang'ati tribe 

 John Shabani, I'm very proud to meet with this beautiful people 

(barbaig or mang'ati tribe) at manyara...

John shabani with Turkana orphans children

I would be honored to be part of this cost i live for two reasons God and man. Really glad that we can see HOPE and reach out to the hopeless. We are no longer dependent on the government but asking ourselves “What we can do to help our people in needy. God bless whoever came up with this brilliant idea and I hope my little help would put a smile on @least 2 children.

He went through Tanzanian education system, where he schooled at Kigoma for both primary and secondary schools. Then got married in Dar es Salaam to Debora Shabani who was also a gospel singer but after 6 years of marriage, her wife passed away (died) 

John got a chance to study a little bit, also he learned the subject of music somehow. He worked with various places such as Estate agency which deals with sales and rent of house and land, Promotions company, publicity secretary at Tanzania Gospel Music Association, secretary at GINCO (Gion Need Comfort Organization), and also one of the founders and secretary at TAWIA (Tanzania Widows Association) etc. 

Now days, John has a vocal and music training centre and also got his own vocal studio (SJ STUDIO)in Dar es salaam.

Read More

SJ STUDIO NA MKAKATI WA KUSAIDIA WATOTO WENYE VIPAJI VYA KUIMBA

  

What do you think, which currency is the most expensive in the world today?

Most believe that the British pound is the highest currency; however, as it turned out it is not. Especially, for blog readers, we compiled the list of the strongest world currencies (Dated 13 Jan 2019).

By the way, we also have the TOP 10 of the weakest world currencies.

No. 1 – Kuwaiti Dinar (1 KWD = 3.29 USD)

Currency code – KWD

1 KWD = 3.29 USD

The Kuwaiti Dinar is the world’s highest-valued currency against the US Dollar.

Kuwait is a small country with enormous wealth. The high value (rate) of its currency is explained by significant oil exports into the global market.

No. 2 – Bahraini Dinar (2.65 USD)

Currency code – BHD

1 BHD = 2.65 USD (pegged to dollar)

The Bahrain Dinar is the second most valuable currency.

Bahrain is a Persian Gulf island state with a population of just over 1 million people. As in the first case, this country’s largest source of income are the «black gold» exports.

It is interesting that the Bahrain Dinar is pegged to US Dollar exchange rate, and its rate against the US Dollar has remained stable since 2005 already.

No. 3 – Oman Rial (2.60 USD)

Currency code – OMR

1 OMR = 2.60 USD (pegged to dollar)

Oman is a country on the Arabian Peninsula. Thanks to its strategic location, it possesses a developed economy and a high quality of life.

The Oman Rial is also pegged to US Dollar as Bahrain Dinar.

It is remarkable that purchasing power of this currency is so high that the government had to issue 1/4 and 1/2 Rial banknotes. On the picture above, you can see 1/2 Rial (Half Rial).

No. 4 – Jordan Dinar (1.41 USD)

Currency code – JOD

1 JOD = 1.41 USD (pegged to dollar)

It is hard to explain the high value of Jordan Dinar. This country is not economically developed and it lacks essential resources, such as oil.

Nevertheless, one Jordan Dinar costs 1.41 US Dollar, what makes it one of 10 the strongest world currencies.

No. 5 – British Pound Sterling (1.26 USD)

Currency code – GBP

1 GBP = 1.26 USD

Most people think that British Pound is the strongest world currency, but it only closes the top five of this list.

British Colonies issue their own banknotes, which visually differ from banknotes issued by the Bank of England, but they are valued as 1 per 1.

Therefore, there are several of them: Scottish, North Ireland, Manx, Jersey, Guernsey, Gibraltar Pounds, as well as St. Elena Island Pound and Falkland Islands Pound.

Amusingly, native Britons do not always want to accept «other» Pounds as a means of payment.

No. 6 – Cayman Islands Dollar (1.20 USD)

Currency code – KYD

1 KYD = 1.20 USD (pegged to dollar)

Cayman Islands is one of the world’s best tax havens. These islands provided licences for hundreds of banks, hedge funds and insurance companies.

Thanks to its leadership among tax havens, Cayman Islands Dollar costs near 1.22 US Dollar.

No. 7 – European Euro (1.14 USD)

Currency Code – EUR

1 EUR = 1.14 USD

The euro currency has strengthened over the past few years. This allowed it to raise the list of the most powerful currencies. Partially, its strength is explained by the fact that it is the official world currency in European countries among which you will find several economically developed countries.

Besides, Euro is the second reserve world currency enveloping 22.2% of all world savings (US Dollar has 62.3%).

No. 8 – Swiss Franc (1.04 USD)

Currency code – CHF

1 CHF = 1.04 USD

Switzerland is not only one of the richest countries in the world, but it is also one of the most stable. Its banking system had long been known for its formerly resolute «Bank Secrecy».

Besides, its high-tech goods are very well known all around the globe.

Pay attention when you see an original of this banknote. This is the only banknote I saw which has the vertical view.

No. 9 – US Dollar

Currency code – USD

1 USD = 1.00 USD

Owing to USA world economic leadership, its currency achieved such a title as «World Reserve Currency». In other words, you can make dollar payments everywhere (in any country).

No. 10 – Canadian dollar (0.75 USD)

Out of TEN

Due to the dynamically changing economic and political situation in the world, it is hard for some currencies to remain in this ranking, so here is the list of currencies that left the top ten of previous periods.

Australian dollar

Currency code – AUD

1 AUD = 0.73 USD

An interesting fact is that the new series of Australia banknotes, as pictured above, would have a tactile feature (Braille) to help the visually impaired community to tell the value of the banknote.

Also in Australia, the fight against cash is conducted by reducing the share of cash payments when making small retail purchases.

Libyan Dinar

Currency code – LYD

1 LYD = 0.72 USD

The Libyan Dinar has token money called Dirham. It is interesting that one Dinar is equal to 1,000 Dirham, and not 100, as we all used to think.

Azerbaijani manat

Currency code – AZN

1 AZN = 0.59 USD

It was a surprise to see Azerbaijani manat in this list. However, the currency of this Central Asian country is a little bit weaker than US Dollar.

The economy of this country is surprisingly strong, and its unemployment rate is low.

Read More