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The Top Five Strongest Currencies In The World (+Photos)
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.
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.
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.
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.
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.
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.
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Bread and butter activists: Wike not available for such adult delinquents-Olayinka slams Adeyanju
Lere Olayinka, Senior Special Assistant on Public Communications and New Media to the Minister of Federal Capital Territory (FCT), Nyesom Wike, has reiterated that the Minister will not give attention to “professional scammers and hustlers” who are masquerading as activists.
In a statement on Saturday, the Spokesperson to the FCT Minister said most of those jumping from one social media platform to another to speak against the FCT Minister were doing so because he ignored them and is making the “Yahoo Yahoo” antics through which they have sustained themselves to fail.
He said; “While growing up as a child in the hilly town of Okemesi Ekiti, one of the lessons I learned from my grandfather was never to wrestle with pigs. He was constantly telling us that the danger of wrestling with a pig will be that at the end of the fight, sane minds won’t be able to differentiate between you and the pig you fought with.
Therefore, as a matter of principle, we won’t dignify some people with any response.
“This is more so that we know how a certain emergency activist diverted election money to purchase a petrol station. We know how some so-called activists have fought themselves over protest money, including the one in 2019.
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AFCON 2025Q: Eguavoen excuses bereaved Nwabali from Amavubi clash
By Kayode Sanni-Arewa
Super Eagles caretaker coach, Augustine Eguavoen, has excused Stanley Nwabali from the team’s 2025 Africa Cup of Nations qualifying match against Rwanda
The Chippa United lost his father on Friday morning.
The former surveyor died at the age of 67.
“He (Nwabali) has been excused from the game. However, the player will come to watch the match and cheer his team mates on,” team administrator, Dayo Enebi Achor, told thenff.com.
Eguavoen now has two goalkeepers, Maduka Okoye and Amas Obasogie available for the game.
The Super Eagles will host the Rwandans at the Godswill Akpabio International Stadium, Uyo on Monday.
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Gov Okpebholo Makes Six Fresh Appointments In Edo
The Edo State Governor, Senator Monday Okpebholo, has approved the appointment of six more persons to serve in various capacities in his government.
Those appointed include Dr. Emmanuel Paddy lyamu as the Executive Chairman of the State Universal Basic Education Board (SUBEB); Lucky Enehita-Inegbenehi as the Managing Director of the State Waste Management Board; and CP Friday Ibadin, Rtd, State Corps Commander, Edo State Security Corps Governance.
Others are Stainless M.I. Ijeghede as the Managing Director, Edo State Traffic Management Agency, (EDSTMA); Sir (Dr.) Lucky Eseigbe, as Managing Director, Edo State Public Building and Maintenance Agency; and Engr. Emmanuel Ehidiamen Okoebor, as Hon. Commissioner of Finance-designate.
In a statement on Friday by the Chief Press Secretary to the Governor, Fred Itua, made available to newsmen in Benin City, he said the six appointments take effect from November 15, 2024.
Dr. Iyamu holds a Bachelor of Science and a Masters in Business Administration from the University of Benin. He is also a holder of Doctor of Science in Petroleum Resources from the European American University.
Iyamu is a strategic leader and renowned expert in security, business administration, human resources. An alumnus of Oxford University (Said Business School), he holds a Professional Doctorate in Leadership and Management from City University of Paris.
With over 15 years of experience, Dr. Iyamu has excelled across the banking, oil, and gas sectors, significantly improving corporate security and crisis management operations.
Until his appointment, Dr. Iyamu was the Chief Executive Oficer of Gabbem Integrated Services Lid, a leading company specialized in marine equipment and services.
Similarly, the second appointee Enehita-Inegbenehi obtained his B.Sc. (Human Resource d M.Sc. in Strategic Leadership and Governance from the University of Cape Coast respectively.
He is a dynamic and result-oriented professional, with an extensive experience in leadership and human resource management. He has proven abilities to analyze complex issues, develop effective strategies and guide teams towards success while fostering professional growth.
Inegbenehi was the Chief Executive Officer of JEI Visions Iron Metals, JEI Visions Service Apartments as well as JEI Visions Cleaning Services.
The third appointee CP Ibadan worked and retiredY from the Nigeria Police after a meritorious 35 years of service. He was one of the 11 officers seconded to the United Nations Mission in Kosovo and was a regional officer in the Headquarters.
He has attended various security courses in Egypt, France, USA among others. CP Friday Obadin holds the Bachelor Degrees in Philosophy and Law, respectively and was later called to the Nigerian Bar in the year 2007.
He is a member of Afican centre from crime prevention research studies, Cairo, Egypt. He is happily married with children.
The fourth appointee ljeghede holds a Bachelor of Science in Mechanical Engineering. He had a successful career in the Petroleum Industry, having worked and held sensitive positions, particularly in the Well Engineering and Safety Department in Shell Petroleum Development Company Nigeria Ltd.
He retired from the Service of Shell after a meritorious service.
The fifth appointee Eseigbe obtained his LL.B and LL.M at the Ambrose Alli University Ekpoma respectively. Until this appointment, Lucky Eseigbe Esq, was a Legislative Aide/Legal Adviser/Consultant to notable Honourable Members of the National Assembly of the Federal Republic of Nigeria from year 2007 to November 2024.
The sixth appointee Okoebor was born on October 21, 1972. He had his first degree in Civil Engineering and a Master of Business Administration from the University of Benin, Benin City respectively.
Engr. Okoebor, MBA has over 25 years of experience in the Banking Sector, including roles at the Standard Trust and United Bank of Africa (UBA).
He rose through the ranks in the Banking Industry to the position of Assistant General Manager (AGM) and is currently Regional Manager, United Bank of Africa (UBA) overseeing 15 Business Offices.
Engr. Emmanuel Ehidiamen Okoebor MBA is also a member of the Nigerian Society of Engineers and a registered member of COREN.
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