Currency is the official money of any country with they operate all the financial deals be it within the state or internationally. To judge the best currencies of the world and categorize them as the top ten countries with highest currency value, it is efficient to look at the Foreign Exchange Market, FOREX to observe the trends of states and see which of the states can afford the most interest. At present there exist three foreign exchange markets in the entire world which are in America, Europe and Asia. The results of the top ten countries with highest currency value are stated below starting from the top to the bottom. Top 10 Countries By Highest Currency Value are:
10. United States of America
9. The Euro
The second currency with the highest value is the Euro with a 37 % foreign trade. It is perhaps the largest currency in circulation as it is not only being used in Europe but also in the continent of Africa by 150 million of people of different states.
8. Japanese Yen
Japanese Yen is the third highest currency with value. The percentage of foreign trade is 20 % and in the international trading, Japanese Yen has been observed to be a popular currency.
7. British Pound
British pound is the fourth strongest currency with a percentage of foreign trade 17 %. It is often liked by many due its high value in comparison to other currencies.
6. Swiss Franc
The Swiss Franc is the fifth highest currency value with a percentage of foreigh trade of 6%. Switzerland is considered to be the safest place to install money considering its value never happens to decrease but is seen to increase when other currency values decline.
5. Australian Dollar
The Australian Dollar is the sixth strongest currency of the world with a foreign trade percentage of 4%. It gained exchange power in 2011 making it extremely popular within the currency exchangers.
4. Canadian Dollar
On seventh spot is the Canadian Dollar at a percentage of foreign trade of 4 %. Its streghth is very much in collaboration with its markets of metals, minerals and oil. Therefore it is the choice of trade usually in these areas only.
3. Swedish Krone
The Swedish Krone is on the eighth spot of the strongest currencies worldwide with foreign trade percentage being 2 %. Sweden has perhaps the most stable economy throughout the world and its is not surprising at at that its currency attracts such an interest.
2. Hong Kong Dollar
On the 9th spot is the Hong Kong Dollar. Hong Kong trades a lot with Southern China and its percentage of foreign trading is about 2%.
1. Norwegian Krone
On the tenth spot is the Norwegian Krone which has seen an explosion in the recent years. The percentage of foreign trade is 1.5 %.