However, it carries the image of the British monarch, is pegged to Sterling, and is exchangeable with Sterling. Despite all that, it is its own currency and is therefore at the top of the list.
Next, doesn’t come the Euro, but the Swiss Franc. Switzerland has never joined the European Union and never joined the Eurozone.
With a robust financial sector and a reputation as a safe haven in times of trouble, the Swiss economy and currency packs a punch.
At the time of writing one Swiss France buys 1.16 in USD.
The Euro stumbles in fourth on this list. The currency is used by 20 of the 27 EU member states with wildly different economies. The European Central Bank has to try to balance the diverse economic characteristics of the Eurozone states – something it has historically done with difficulty.
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Publish date : 2024-11-09 20:01:00
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