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Countries, Capitals
and Currencies

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Currency is the medium of exchange of goods and services, which is issued by the government of the
country, commonly accepted by the people. Currency in the form of papers and coins for the purpose
of trading goods and services. In the 21st century, the value of currency keeps fluctuating in relation
to other currencies and the currency exchange market exists as a means of profiting from those cur-
rencies. Earlier the currencies were issued on the coins in various denominations but now the mod-
ern currencies are issued on paper for the acceptance of a piece of paper in return for something
which has real value along with the fractional issues in form of coins. In this article, we are going to
learn more about the currencies of different countries. This article is also very important for the SSC
and Banking exam points to excel in the history and general knowledge section.

There is a myth amongst people that the British Pound is the most expensive currency in all the
world, however, it isn’t true. There are currencies of other countries that are more valuable in com-
parison to the British Pound.

Circulating Currencies

Currencies that are legal tender, including those used in actual commerce or issued for commemora-
tive purposes, are considered "Circulating Currencies”.

Here is the list of top 10 currencies in all the world as of 2020.

1) Kuwaiti Dinar (KWD)

Kuwaiti Dinar is the most valued currency in the entire world against the Dollar. Although Kuwait is a
small country, it is a country with enormous wealth. Its high value is explained by the significant oil
exports into the global markets. Due to its strong economy, it is one of the tax-free countries with a
very low employment rate. Kuwait is also considered as one of the richest countries in the world be-
cause of its stable petroleum-based economy.

Rates:

1 KWD = 3.24 USD

1 KWD = 2.9 EUR

2)Bahraini Dinar ( BHD)

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The second most valuable currency in the world is Bahair Dinar. Bahraini is the country that is popu-
lar for its largest source of income from ‘black gold’ exports. This country is a Purian Gulf island with
over 1 million population. Additionally, its rate has remained stable with the US Dollar since 2005.

Rates:

1 BHD = 2.66 USD

1 BHD = 2.43 EUR

3) Oman Rial (OMR)

Oman is the country on the Arabian Peninsula that possesses a development quality and a high qual-
ity of life. Just like Bahair Danir, Oman Rial is also pegged with the US Dollar. The government of
Oman had to issue ½ and ¼ bank Rial because of the highest purchasing power of the country.

Rates:

1 OMR = 2.60 USD

1 OMR = 2.37 EUR

4) Jordan Dinar (JOD)

The currency value in Jordan is high as it has been pegged to the American Dollar for the last 20
years but it is difficult to explain its high value because the economy of the country is not developed.
Jordan lacks in essential resources like oil. It is among the top 10 highest currencies in the world be-
cause one Jordan rates 1.41 dollars.

Rates:

1 JOD = 1.41 USD

1 JOD = 1.29 EUR

5) British Pound Sterling (GBP)

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British Pound is among the top five currencies in the world but not the most valuable. The country
issues its own banknotes which visually differ from the notes issued by the government of England
which valued 1 per 1 such as Scottish Pound, Jersey Pound, Gibraltar Pound, and there are many
among them.

Rates:

1 GBP = 1.23 USD

1 GBP = 1.12 EUR

6) Cayman Island Dollar (KYD)

Cayman Island is the country that provides the license for hundreds of banks, hedge funds, and insur-
ance companies because it is the world’s best tax haven country. This currency board keeps more
than 100 cents reserve in US government obligation, which protects from fluctuation in the price of
the bonds.

Rates:

1 KYD = 1.22 USD

1 KYD = 1.11 EUR

7) European Euro (EUR)

The currency of Europe is the second-largest currency, helping 22.2% of the world’s savings. This cur-
rency has strengthened over the past few years and risen in the list of powerful currencies in the
world.

Rates:

1 EUR = 1.10 USD

8) Swiss Franc (CHF)

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Switzerland is the country which is not only at the top of currencies list but it is also among the most
stable countries because of its banking system that had been known for its formerly resolute ‘bank
secrecy’. It also ranks among the top high-tech countries in the world.

Rates:

1 CHF = 1.03 USD

1 CHF = 0.94 EUR

9) US Dollar (USD)

USA’s US Dollar is the currency that achieved the title of ‘World’s Reserve Currency. You can use US
Dollars all over the world. The USA has the world’s economic leadership. The US Dollar is sometimes
referred to as greenback by foreign exchange traders and financial press in other countries like Aus-
tralia, New Zealand, South Africa, and India. It is also used as a sole currency in two British Overseas
Territories.

Rates:

1 USD = 0.91 EUR

10) Canadian Dollar (CAD)

Canada’s currency Canadian Dollar is among the top five reserve currencies in the world. It is often
called ‘loonie’ in honor of the birth depicted on the one-dollar coin.

Rates:

1 CAD = 0.72 USD

1 CAD = 0.66 EUR

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List of Countries with their Respective Capitals and Currencies

Given below is the list of Countries with their respective Capitals and Currencies in alphabetical or-
der.

Country Name Capital Currency

Afghanistan Kabul Afghani

Albania Tirane Lek

Algeria Algiers Dinar

Andorra Andorra la Vella Euro

Angola Luanda New Kwanza

Antigua and Barbuda Saint John's East Caribbean dollar

Argentina Buenos Aires Peso

Armenia Yerevan Dram

Australia Canberra Australian dollar

Austria Vienna Euro (formerly schilling)

Azerbaijan Baku Manat

The Bahamas Nassau Bahamian dollar

Bahrain Manama Bahrain dinar

Bangladesh Dhaka Taka

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Barbados Bridgetown Barbados dollar

Belarus Minsk Belorussian ruble

Belgium Brussels Euro (formerly Belgian franc)

Belize Belmopan Belize dollar

Benin Porto-Novo CFA Franc

Bhutan Thimphu Ngultrum

La Paz (administrative); Sucre (judi-

Bolivia Boliviano
cial)

Bosnia and Herzegovina Sarajevo Convertible Mark

Botswana Gaborone Pula

Brazil Brasilia Real

Brunei Bandar Seri Begawan Brunei dollar

Bulgaria Sofia Lev

Burkina Faso Ouagadougou CFA Franc

Burundi Gitega Burundi franc

Cambodia Phnom Penh Riel

Cameroon Yaounde CFA Franc

Canada Ottawa Canadian dollar

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Cape Verde Praia Cape Verdean escudo

Central African Republic Bangui CFA Franc

Chad N'Djamena CFA Franc

Chile Santiago Chilean Peso

China Beijing Chinese Yuan

Colombia Bogota Colombian Peso

Comoros Moroni Franc

Republic of the Congo Brazzaville CFA Franc

Congo, Democratic Republic

Kinshasa Congolese franc
of the

Costa Rica San Jose Colón

Yamoussoukro (official); Abidjan (de

Cote d'Ivoire CFA Franc
facto)

Croatia Zagreb Croatian

Cuba Havana Cuban Peso

Cyprus Nicosia Euro

Czech Republic Prague Koruna

Denmark Copenhagen Danish Krone

Djibouti Djibouti Djiboutian franc

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Dominica Roseau East Caribbean dollar

Dominican Republic Santo Domingo Dominican Peso

East Timor (Timor-Leste) Dili U.S. dollar

Ecuador Quito U.S. dollar

Egypt Cairo Egyptian pound

El Salvador San Salvador Colón; U.S. dollar

Equatorial Guinea Malabo CFA Franc

Eritrea Asmara Nakfa

Estonia Tallinn Estonia Kroon; Euro

Ethiopia Addis Ababa Birr

Fiji Suva Fiji dollar

Finland Helsinki Euro (formerly markka)

France Paris Euro (formerly French franc)

Gabon Libreville CFA Franc

The Gambia Banjul Dalasi

Georgia Tbilisi Lari

Germany Berlin Euro (formerly Deutsche mark)

Ghana Accra Cedi

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Greece Athens Euro (formerly drachma)

Grenada Saint George's East Caribbean dollar

Guatemala Guatemala City Quetzal

Guinea Conakry Guinean franc

Guinea-Bissau Bissau CFA Franc

Guyana Georgetown Guyanese dollar

Haiti Port-au-Prince Gourde

Honduras Tegucigalpa Lempira

Hungary Budapest Forint

Iceland Reykjavik Icelandic króna

India New Delhi Indian Rupee

Indonesia Jakarta Rupiah

Iran Tehran Rial

Iraq Baghdad Iraqi Dinar

Ireland Dublin Euro (formerly Irish pound [punt])

Israel Jerusalem* Shekel

Italy Rome Euro (formerly lira)

Jamaica Kingston Jamaican dollar

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Japan Tokyo Yen

Jordan Amman Jordanian dinar

Kazakhstan Nur Sultan Tenge

Kenya Nairobi Kenya shilling

Kiribati Tarawa Atoll Kiribati dollar

Korea, North Pyongyang Won

Korea, South Seoul Won

Kosovo Pristina Euro (German Mark prior to 2002)

Kuwait Kuwait City Kuwaiti Dollar

Kyrgyzstan Bishkek Som

Laos Vientiane New Kip

Latvia Riga Lats

Lebanon Beirut Lebanese pound

Lesotho Maseru Maluti

Liberia Monrovia Liberian dollar

Libya Tripoli Libyan dinar

Liechtenstein Vaduz Swiss franc

Lithuania Vilnius Litas

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Luxembourg Luxembourg Euro (formerly Luxembourg franc)

Macedonia Skopje Denar

Madagascar Antananarivo Malagasy Ariary

Malawi Lilongwe Kwacha

Malaysia Kuala Lumpur Ringgit

Maldives Male Rufiyaa

Mali Bamako CFA Franc

Malta Valletta Euro

Marshall Islands Majuro U.S. Dollar

Mauritania Nouakchott Ouguiya

Mauritius Port Louis Mauritian rupee

Mexico Mexico City Mexican peso

Micronesia, Federated States

Palikir U.S. Dollar
of

Moldova Chisinau Leu

Monaco Monte Carlo Euro

Mongolia Ulaanbaatar Togrog

Montenegro Podgorica Euro

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Morocco Rabat Dirham

Mozambique Maputo Metical

Myanmar (Burma) Nay Pyi Taw Kyat

Namibia Windhoek Namibian dollar

no official capital; government offices

Nauru Australian dollar
in Yaren District

Nepal Kathmandu Nepalese rupee

Amsterdam; The Hague (seat of gov-

Netherlands Euro (formerly guilder)
ernment)

New Zealand Wellington New Zealand dollar

Nicaragua Managua Gold cordoba

Niger Niamey CFA Franc

Nigeria Abuja Naira

Norway Oslo Norwegian krone

Oman Muscat Omani rial

Pakistan Islamabad Pakistani rupee

Palau Melekeok U.S. dollar

Palestine Ramallah, East Jerusalem Palestine Pound

Panama Panama City Balboa; U.S. dollar

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Papua New Guinea Port Moresby Kina

Paraguay Asuncion Guaraní

Peru Lima Nuevo sol (1991)

Philippines Manila Peso

Poland Warsaw Zloty

Portugal Lisbon Euro (formerly escudo)

Qatar Doha Qatari riyal

Romania Bucharest Romanian Rupee

Russia Moscow Ruble

Rwanda Kigali Rwandan franc

Saint Kitts and Nevis Basseterre East Caribbean dollar

Saint Lucia Castries East Caribbean dollar

Saint Vincent and the Grena-

Kingstown East Caribbean dollar
dines

Samoa Apia Tala

San Marino San Marino Euro

Sao Tome and Principe Sao Tome Dobra

Saudi Arabia Riyadh Riyal

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Senegal Dakar CFA Franc

Serbia Belgrade Serbian Dinar

Seychelles Victoria Seychelles rupee

Sierra Leone Freetown Leone

Singapore Singapore Singapore dollar

Slovakia Bratislava Euro

Slovenia Ljubljana Slovenian tolar; euro (as of 1/1/07)

Solomon Islands Honiara Solomon Islands dollar

Somalia Mogadishu Somali shilling

Pretoria (administrative); Cape Town

South Africa Rand
(legislative); Bloemfontein (judiciary)

South Sudan Juba Sudanese Pound

Spain Madrid Euro (formerly peseta)

Colombo; Sri Jayewardenepura Kotte

Sri Lanka Sri Lankan rupee
(legislative)

Sudan Khartoum Sudanese Pound

Suriname Paramaribo Surinamese dollar

Swaziland Mbabane Lilangeni

Sweden Stockholm Krona

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Switzerland Berne Swiss franc

Syria Damascus Syrian pound

Taiwan Taipei Taiwan dollar

Tajikistan Dushanbe somoni

Tanzania Dar es Salaam; Dodoma (legislative) Tanzanian shilling

Thailand Bangkok Baht

Togo Lome CFA Franc

Tonga Nuku'alofa Pa'anga

Trinidad and Tobago Port-of-Spain Trinidad and Tobago dollar

Tunisia Tunis Tunisian dinar

Turkey Ankara Turkish lira (YTL)

Turkmenistan Ashgabat Manat

Tuvalu Vaiaku village, Funafuti province Tuvaluan Dollar

Uganda Kampala Ugandan new shilling

Ukraine Kiev Hryvnia

United Arab Emirates Abu Dhabi U.A.E. Dirham

United Kingdom London Pound sterling

United States of America Washington D.C. Dollar

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Uruguay Montevideo Uruguay peso

Uzbekistan Tashkent Uzbekistani sum

Vanuatu Port-Vila Vatu

Vatican City (Holy See) Vatican City Euro

Venezuela Caracas Bolivar

Vietnam Hanoi Dong

Yemen Sanaa Rial

Zambia Lusaka Kwacha

Zimbabwe Harare United States dollar

We hope you find this article on Country and currency useful and interesting as well. Modern curren-
cies have been recognized as the store of value and use of it in trade between nations in the foreign
exchange market. There are many other currencies in the world that are not on the list due to dynam-
ically changing economic and political situations.

If you have any queries related to this article, feel free to comment below. We will be answering all of
your queries.

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