Business Money

10 Most Powerful Currencies in The World

Most traded Currencies in the world which are used for most payment transactions around the world.

10. The Swedish Krona

The Swedish Krona

The Swedish Krona

Bank: Sveriges Riksbank
ISO Code: SEK
Sub Unit: 1/100 öre
Bank Notes / Denomination: 20 kr, 50 kr, 100 kr, 200 kr, 500 kr
Official Users: Sweden
The Swedish krona the tenth most traded currency in the worlf is the official currency of Sweden.

09. Chinese Yuan

Chinese Yuan

Chinese Yuan

Bank: Central Bank of China
ISO Code: CNY
Sub Unit: One yuan is divided into 10 jiao
Bank Notes / Denomination:
Official Users: China
Chinese Yuan the ninth most traded currency in the world is the official currency of People’s Republic of China.

08. Hong Kong Dollar

Hong Kong Dollar

Hong Kong Dollar

Bank: Hong Kong Monetary Authority
ISO Code: HKD
Sub Unit: 1/10 (hou)
Bank Notes / Denomination: 10, 20, 50, 100, 150, 500, 1,000
Official Users: Hong Kong
Hong Kong Dollor the eighth most traded currency in the world is the official currency of Hong Kong as well as Macau. Their currencies have similar exchange rates.

07. Swiss Franc

Swiss Franc

Swiss Franc

Bank: Swiss National Bank
ISO Code: CHF
Sub Unit: 1/100 Rappen (German),centime (French),centesimo (Italian),rap (Romansh)
Bank Notes / Denomination: 10, 20, 50, 100, 200 & 1,000
Official Users: Switzerland, Liechtenstein, Campione d’Italia, Italy
Swiss Franc the seventh most traded currency in the world is the official currency and legel tender of Switzerland, Liechtenstein. The Swiss National Bank has the right to issue banknotes and the federal mint Swissmint has the right to issue coins.

06. Canadian Dollar

Canadian Dollar

Canadian Dollar – CAD

Bank: Bank of Canada
ISO Code: CAD
Sub Unit: 1/100 Cent (English) and sou (colloquial) (French)
Bank Notes / Denomination: $5, $10, $20, $50
Official Users: Canada

05. Australian Dollar

Australian Dollar

Australian Dollar

Bank: Reserve Bank of Australia
ISO Code: AUD
Sub Unit: 1/100 cent
Bank Notes / Denomination: $5, $10, $20, $50, $100
Official Users: Australia
Australian Dollar the fifth most traded currency in the wold is the official currency of Australia including Christmas Island, Cocos (Keeling) Islands, and Norfolk Island, and the independent Pacific Island states of Kiribati, Nauru and Tuvalu. Within Australia.

04. British Pound

British Pound - GBP

British Pound – GBP

Bank: Bank of England
ISO Code: GBP
Sub Unit: 1/100 Penny
Bank Notes / Denomination: £5, £10, £20, £50
Official Users: United Kingdom
Pound also known as pound sterling is the official currency of United Kingdom. The forth most treaded currency in the world is also the official currency of Jersey, Guernsey, the Isle of Man, South Georgia and the South Sandwich Islands, the British Antarctic Territory, and Tristan da Cunha.

03. Japanese Yen

Japanese Yen

Japanese Yen

Bank: Bank of Japan
ISO Code: JPY
Sub Unit: 1/100 sen, 1/1000 rin
Bank Notes / Denomination: ¥1000, ¥2000, ¥5000, ¥10,000
Official Users: Japan
Japanese yen is the official currency of japan. Japanese yen is the most traded currency after US Dollar and Euro in the foreign exchange market.

02. European Euro

Bank: European Central Bank
ISO Code: EUR
Sub Unit: 1/100 cent
Bank Notes / Denomination: €5, €10, €20, €50, €100, €200, €500
Official Users: Eurozone (19)
Euro currency of Eurozone which consists of 19 member state 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.

01. US dollar

US dollar - USD

US dollar – USD

Bank: Federal Reserve System
ISO Code: USD
Sub Unit: 1/10 Dime, 1/100 Cent
Bank Notes / Denomination: $1, $2, $5, $10, $20, $50, $100
Official Users: United States, East Timor, Ecuador, El Salvador, Marshall Islands, Federated States of Micronesia, Palau, Panama, Zimbabwe
Dollor currency of United State of America overseas territories. This is a Federal Reserve Currency. This is the most used in international transactions and the world’s most dominant currency. That’s why several countries use it as their official currency.

Others are Reading  Top 10 Oil Producing Countries In The World

Leave a Comment