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The Top Five Strongest Currencies In The World (+Photos)
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By Ojomah Austin.
Currencies are one of the most important factors in the global economy and play a large role in determining trade agreements, as well as representing the strength and stability of varying nations.
There are over 180 currencies recognised worldwide by the United Nations as legal tender, all with varying strengths. The strongest currency globally doesn’t owe its value to its popularity or usage, but rather to its purchasing power.
Express.co.uk has looked into the strongest currencies of 2024 – and found that neither the British pound nor the US dollar top the list.

British Pound Currency Note (GBP)
5. British pound
The British pound comes in at fifth on the strongest currency list. First introduced in the 1400s and decimalised in 1971, the independent, free-floating currency is very strong.
The Gibraltar pound, which is ‘pegged’ to the British pound, also comes in at number 5, with the British territory introducing its currency in the 1920s.

Jordanian dinar Currency Note
4. Jordanian dinar
The Jordanian dinar is the fourth strongest currency in the world, with one dinar being valued at 1.07 Pound sterling, and £1 being worth 0.94 Jordanian Dinar.
The dinar entered circulation in Jordan in the 1950s. The land-locked country in the Middle East has an economy largely dependent on oil and gas exports, but also tourism, banking and pharmaceutical sectors.

Omani Rial Currency Note
3. Omani rial
Largely dependent on oil reserves, Oman’s prosperous economy has led to the nation having one of the world’s strongest currencies. The rial was introduced in Oman, which lies on the southeastern coast of the Arabian peninsula, in the 1970s.
One rial is worth 1.97 Pound sterling, and £1 is worth 0.51 Omani Rial.

Bahraini Dinar Currency Note
2. Bahraini Dinar
Another Middle-Eastern currency tops the charts, with the Bahraini Dinar being the second strongest currency in the world. The diversified economy of Bahrain contributes to its currency’s success, with strong oil, gas, finance and tourism industries.
The dinar was introduced in 1965, with 1 dinar being worth 2.01 Pound sterling, and £1 being worth 0.50 Bahraini Dinar.

Kuwaiti Dinar Currency Note
1. Kuwaiti Dinar
The strongest currency in the world is the Kuwaiti dinar. One dinar is equal to 2.48 Pound sterling, and £1 is equal to 0.40 Kuwaiti Dinar.
Kuwait, which is a country in the Middle East, introduced the dinar in 1961. The nation’s lucrative oil reserves can attest to its currency’s considerable economic strength, which lies in the Persian Gulf.
News
Tinubu Seeks Constitutional Backing For State Police, Writes Senate
President Bola Tinubu has asked the senate to approve a constitutional amendment bill seeking to establish state police across Nigeria as part of efforts to strengthen the country’s security architecture.
The request was contained in a letter dated June 15, 2026, and read on the floor of the senate on Tuesday by Godswill Akpabio.
In the correspondence, Tinubu said the proposed Constitution of the Federal Republic of Nigeria (Alteration) State Police Bill, 2026, seeks to amend the 1999 constitution to provide a legal framework for the creation of state police services.
The president said the bill is designed to address Nigeria’s evolving security challenges by introducing a dual policing structure that would allow both federal and state policing systems to operate within a constitutional framework.
According to him, the proposal builds on previous legislative efforts by both chambers of the national assembly and contains additional safeguards to ensure effective implementation.
“This bill builds on the significant work already done in this regard by the House of Representatives and the Senate, and incorporates additional safeguards to ensure that the creation of a dual policing structure to address our nation’s evolving national security challenges, will be achieved quickly and effectively to the benefit of all Nigerians,” Tinubu said.
The president described the proposed legislation as a key component of his administration’s broader plan to reform Nigeria’s security system and improve the protection of lives and property.
“The proposed legislation is a critical component of our administration’s strategy to reorganize Nigeria’s security architecture to better protect our citizens, and I’m confident that the Senate will act quickly to consider and pass this bill,” he added.
Read Also: Amnesty International Demands Immediate Release of Omoyele Sowore, Condemns Detention
Tinubu urged lawmakers to give the proposal expeditious consideration.
Following the reading of the letter, Akpabio referred the bill to the senate committee on constitution review for further legislative action.
The committee was directed to report back to the chamber on the next legislative day.
News
State Police: Senate will formally pass Bill on Wednesday
The Nigerian Senate has fixed Wednesday for the passage of the state police bill.
The lawmakers had cut short their recess to consider the bill, which seeks to amend the 1999 Constitution and decentralise Nigeria’s policing system in response to worsening security challenges
President Bola Tinubu on Tuesday transmitted an executive version of the bill to the Senate through a letter dated June 15, 2026.
The proposed legislation seeks to establish a dual policing system in which federal and state police forces operate alongside each other.
At the plenary on Tuesday, Senate President Godswill Akpabio described the proposal as a key step towards restructuring Nigeria’s security framework.
The proposed legislation was immediately referred to the Senate Ad Hoc Committee on Constitution Review, chaired by Deputy Senate President Barau Jibrin, which is expected to present its report for consideration and voting.
Akpabio called on senators to be present for the exercise, stressing the need for broad support to secure its passage.
“Every senator should endeavor to come tomorrow to be part of this exercise.
“We are going to be live tomorrow and your constituents will be seeing what you are doing,” he added.
News
INEC formally confirms winners of by-elections, issues certificates of return
The Independent National Electoral Commission, INEC, has presented Certificates of Return to candidates who emerged victorious in the by-elections conducted on June 20, 2026, across Rivers, Enugu, Nasarawa, Ondo and Kano States.
This was disclosed in a statement issued by the electoral commission.
According to INEC, the certificates were presented on behalf of the Commission’s Chairman, Prof. Joash Amupitan, SAN, by the Supervising National Commissioner for Rivers State, Mrs May Agbamuche-Mbu.
Speaking during the presentation, Agbamuche-Mbu congratulated the successful candidates and urged them to prioritise the interests of the people they were elected to represent.
“The most important responsibility before you is to represent your constituents well,” Agbamuche-Mbu said.
The National Commissioner also reminded the winners of the expectations placed on them by voters and encouraged them to serve with diligence and commitment.
INEC further disclosed that Certificates of Return would also be presented to winners of other recently concluded elections, including the Zuru State Constituency election in Kebbi State and the governorship election in Ekiti State.
INEC said the presentation of the certificates followed the conclusion of the bye-elections conducted on June 20, 2026.
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