As the U.S. Dollar continues to gather value comparatively to some of the world’s other currencies, a few countries still have the upper hand in terms of value. While the Euro goes neck-and-neck with the U.S. Dollar in terms of value and the British Pound continues to go strong, other currencies fall under the radar. If you were wondering what currencies are worth more than the dollar in your pocket, here are a few to satisfy your curiosity.
1. Kuwaiti Dinar
Introduced in 1960, the Kuwaiti Dinar was once the mere equivalent of a British Pound due to the protectorate status of Kuwait during the time. However, once the Kuwait gained its sovereignty and severed the tie between pounds sterling, it took off in value. Because of the mass amounts of oil-related wealth in the country, the Kuwaiti Dinar currently holds the title as the world’s most valuable currency. As of 2022, one dinar will get you roughly US$3.
2. Gibraltar Pound
Located at the southern tip of the Iberian Peninsula, Gibraltar is one of many British Overseas Territories. Although it once used pounds sterling, Gibraltar issued its own notes in 1927 and coins in 1988. The current Gibraltar Pound is pegged to the British Pound, so it’s no more valuable than the motherland, but it still gets you US$1.20 per 1 Gibraltar Pound.
3. Swiss Franc
Unlike most of the other nations in western Europe, Switzerland is not a member of the European Union. As such, the landlocked country never adopted the Euro, opting to maintain its own currency — the Swiss Franc. Initially minted in 1850 and pegged to the French francs, the currency has shed its ties with the former French currency and remained highly valuable ever since.
Today, it’s the 7th-most traded currency in the world and highly prized for its stability, even in times of economic turmoil. It typically buys you right around US$1.
5. Bahraini Dinar
You wouldn’t think an island country in the Persian Gulf with only 1.7 million people would have one of the most valuable currencies in the world. But then again, you’d be wrong. Introduced in 1965, the Bahraini Dinar is one of best currencies in the world to possess, and one dinar nets you about US$2.65.
Like Kuwait, the relative strength of the Bahraini Dinar can be attributed to its natural resources — primarily oil and natural gas.
Get the Most Money for Your Currency
Although you likely can’t hop into any place outside of an airport or bank and get money in hand for your Kuwaiti Dinar, trading in collectible coins and metals is always a great source of wealth. That is, if you know where to maximize your selling power.
At London Coin Galleries of Newport Beach, we’ve been serving collectors, traders, and the public for multiple decades. We take pride in having the experience necessary to give you the best value for your coins, currency and many other rare finds.
So ignore the pawn shops, online dealers, and gold shops and book an appointment to bring precious metals and coins to us as your trusted coin shop in Newport Beach. Not only will you get the experience and expertise you deserve, but you can also get top dollar for your assets.
Contact us to book an appointment today.