The Strongest (and Weakest) Currencies in the World Compared to the U.S. Dollar

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If you are a U.S. citizen, love to travel, or are just invested in how the U.S. economy is doing, you might be curious about how much the U.S. dollar is worth around the world. The team at Madison Trust has researched currencies around the world and how global currencies compare to the U.S. dollar to create this comprehensive visualization:

The Strongest (and Weakest) Currencies in the World Compared to the U.S. Dollar - MadisonTrust.com IRA - Infographic

How Much Is the Dollar Worth in Canada?

A U.S. dollar will buy you around 1.35 Canadian dollars. Keep in mind, though, that exchange rates fluctuate constantly.

How Much Is the Dollar Worth in Mexico?

As of Sept. 1, an American dollar was worth 16.74 Mexican pesos.

How Much Is the Dollar Worth in Japan?

You can buy around 245 Japanese yen with an American dollar.

Is the U.S. Dollar Strong?

According to the International Monetary Fund, the value of the U.S. dollar reached an all-time high in 2022, so yes, the dollar is pretty strong.

Is a Strong U.S. Dollar Bad for the World?

For U.S. consumers, a strong U.S. dollar means cheaper imported goods and more affordable foreign travel. However, U.S. companies that export or rely on global markets can suffer financially due to dollar value increases. A strong U.S. dollar also feeds into inflation pressures abroad; when a country’s currency weakens against the U.S. dollar, the price of American imports rises. On average, a 10% appreciation in the value of the dollar inflates prices around 1% abroad.

What Currency Is Strongest Against the Dollar?

If you’re wondering what currencies are better than the U.S. dollar, the best answer would be the Kuwaiti dinar (KWD), the official currency of Kuwait, which is the strongest currency in the world. The USD to KWD exchange rate is 0.31, which means that one Kuwaiti dinar is worth roughly $3.

Why Is the Kuwaiti Dinar So Strong?

The Kuwaiti dinar is so valuable because the demand for it is so high. This is due to Kuwait having a strong, stable economy backed by vast oil reserves.

Other currencies that are stronger than the U.S. dollar include the Bahraini dollar, the Oman rial, the Jordanian dinar, and the Gibraltar pound.

What Is the Weakest Currency in the World?

The weakest currency in the world is the Iranian rial (IRR). The USD to IRR operational rate of exchange is 371,992, meaning that one U.S. dollar equals 371,922 Iranian rials.

Why Is the Iranian Rial So Weak?

U.S. sanctions against Iran play a major role in the weakness of the Iranian rial. When the United States withdrew from the 2015 nuclear deal between Iran and world powers in 2018, it also reinstated sanctions on various Iranian sectors. Political unrest, protests, and a lack of diplomacy also contribute to the poor value of the Iranian rial.

The Strongest and Weakest Currencies in the World Compared to the U.S. Dollar

Country

Currency Code

Currency

United States Dollar Exchange Rate

Kuwait

KWD

Kuwaiti Dinar

0.31

Bahrain

BHD

Bahraini Dinar

0.38

Oman

OMR

Oman Rial

0.39

Jordan

JOD

Jordanian Dinar

0.71

Gibraltar

GIP

Gibraltar Pound

0.79

Saint Helena

SHP

St. Helena Pound

0.79

United Kingdom

GBP

U.K. Pound

0.79

Cayman Islands

KYD

Cayman Islands Dollar

0.82

Liechtenstein

CHF

Swiss Franc

0.88

Switzerland

CHF

Swiss Franc

0.88

Andorra

EUR

Euro

0.91

Austria

EUR

Euro

0.91

Belgium

EUR

Euro

0.91

Canary Islands

EUR

Euro

0.91

Croatia

EUR

Euro

0.91

Cyprus

EUR

Euro

0.91

Estonia

EUR

Euro

0.91

Finland

EUR

Euro

0.91

France

EUR

Euro

0.91

French Guiana

EUR

Euro

0.91

Germany

EUR

Euro

0.91

Greece

EUR

Euro

0.91

Guadeloupe

EUR

Euro

0.91

Ireland

EUR

Euro

0.91

Italy

EUR

Euro

0.91

Latvia

EUR

Euro

0.91

Lithuania

EUR

Euro

0.91

Luxembourg

EUR

Euro

0.91

Malta

EUR

Euro

0.91

Martinique

EUR

Euro

0.91

Monaco

EUR

Euro

0.91

Montenegro

EUR

Euro

0.91

Netherlands

EUR

Euro

0.91

Portugal

EUR

Euro

0.91

Reunion

EUR

Euro

0.91

San Marino

EUR

Euro

0.91

Slovakia

EUR

Euro

0.91

Slovenia

EUR

Euro

0.91

Spain

EUR

Euro

0.91

American Samoa

USD

U.S. Dollar

1.00

Bahamas

BSD

Bahamian Dollar

1.00

Bermuda

BMD

Bermuda Dollar

1.00

East Timor

USD

U.S. Dollar

1.00

Ecuador

USD

U.S. Dollar

1.00

El Salvador

USD

U.S. Dollar

1.00

Guam

USD

U.S. Dollar

1.00

Marshall Islands

USD

U.S. Dollar

1.00

Micronesia

USD

U.S. Dollar

1.00

Northern Mariana Islands

USD

U.S. Dollar

1.00

Palau

USD

U.S. Dollar

1.00

Panama

PAB

Panamanian Balboa

1.00

Puerto Rico

USD

U.S. Dollar

1.00

Turks and Caicos Islands

USD

U.S. Dollar

1.00

United States of America

USD

U.S. Dollar

1.00

British Virgin Islands

USD

U.S. Dollar

1.00

U.S. Virgin Islands

USD

U.S. Dollar

1.00

Brunei

BND

Brunei Dollar

1.35

Singapore

SGD

Singapore Dollar

1.35

Canada

CAD

Canadian Dollar

1.35

Australia

AUD

Australian Dollar

1.53

Kiribati

AUD

Australian Dollar

1.53

Nauru

AUD

Australian Dollar

1.53

Tuvalu

AUD

Australian Dollar

1.53

Cook Islands

NZD

New Zealand Dollar

1.67

New Zealand

NZD

New Zealand Dollar

1.67

Niue

NZD

New Zealand Dollar

1.67

Tokelau Islands

NZD

New Zealand Dollar

1.67

Azerbaijan

AZN

Azerbaijan Manat

1.70

Bosnia and Herzegovina

BAM

Bosnia and Herzegovina Convertible Mark

1.79

Bulgaria

BGN

Bulgarian Lev

1.79

Aruba

AWG

Aruban Guilder

1.79

Netherlands Antilles

ANG

Netherlands Antilles Guilder

1.79

Barbados

BBD

Barbados Dollar

2.00

Belize

BZD

Belize Dollar

2.00

Fiji

FJD

Fiji Dollar

2.28

Tonga

TOP

Tonga Pa'anga

2.31

Georgia

GEL

Georgian Lari

2.64

Anguilla

XCD

East Caribbean Dollar

2.70

Antigua and Barbuda

XCD

East Caribbean Dollar

2.70

Dominica

XCD

East Caribbean Dollar

2.70

Grenada

XCD

East Caribbean Dollar

2.70

Montserrat

XCD

East Caribbean Dollar

2.70

Saint Kitts and Nevis

XCD

East Caribbean Dollar

2.70

Saint Lucia

XCD

East Caribbean Dollar

2.70

St. Vincent and the Grenadines

XCD

East Caribbean Dollar

2.70

Samoa

WST

Samoa Tala

2.74

Tunisia

TND

Tunisian Dinar

3.09

Belarus

BYN

Belarusian Ruble

3.17

Turkmenistan

TMT

Turkmenistan Manat

3.50

Papua New Guinea

PGK

Papua New Guinean Kina

3.58

Qatar

QAR

Qatari Rial

3.65

United Arab Emirates

AED

United Arab Emirates Dirham

3.67

Peru

PEN

Peruvian Sol

3.69

Saudi Arabia

SAR

Saudi Riyal

3.75

Israel

ILS

Israel Shekel

3.78

Poland

PLN

Poland Zloty

4.08

Romania

RON

Romanian Leu

4.51

Malaysia

MYR

Malaysia Ringgit

4.64

Libya

LYD

Libyan Dinar

4.84

Brazil

BRL

Brazilian Real

4.86

Trinidad and Tobago

TTD

Trinidad and Tobago Dollar

6.76

Denmark

DKK

Danish Krone

6.81

Greenland

DKK

Danish Krone

6.81

Bolivia

BOB

Bolivia Boliviano

6.85

China

CNY

Chinese Renminbi

7.28

Hong Kong

HKD

Hong Kong Dollar

7.85

Guatemala

GTQ

Guatemala Quetzal

7.85

Macao

MOP

Macao Pataca

8.08

Solomon Islands

SBD

Solomon Islands Dollar

8.16

Morocco

MAD

Morocco Dirham

10.08

Norway

NOK

Norwegian Krone

10.54

Sweden

SEK

Swedish Krona

10.80

Tajikistan

TJS

Tajikistan Somoni

10.94

Ghana

GHS

Ghana Cedi

11.35

Seychelles

SCR

Seychelles Rupee

13.13

Botswana

BWP

Botswana Pula

13.41

Eritrea

ERN

Eritrea Nakfa

15.00

Maldives

MVR

Maldives Rufiyaa

15.00

Mexico

MXN

Mexican Peso

16.74

Moldova

MDL

Moldovan Leu

17.74

Eswatini

SZL

Swazi Lilangeni

18.47

Lesotho

LSL

Lesotho Loti

18.47

Namibia

NAD

Namibia Dollar

18.47

South Africa

ZAR

South Africa Rand

18.47

Zambia

ZMW

Zambia Kwacha

20.07

Sao Tome and Principe

STN

Sao Tome and Principe Dobra

20.60

Sierra Leone

SLE

Sierra Leone Leone

21.80

Czechia

CZK

Czech Koruna

22.03

Cuba

CUP

Cuban Peso

24.00

Honduras

HNL

Honduras Lempira

24.47

Turkey

TRY

Turkish Lira

26.71

Egypt

EGP

Egyptian Pound

30.92

Venezuela

VES

Venezuelan Bolivar Digital

32.44

Thailand

THB

Thai Baht

34.94

Nicaragua

NIO

Nicaragua Cordoba Oro

36.19

Ukraine

UAH

Ukraine Hryvnia

37.00

Uruguay

UYU

Uruguay Peso

37.57

Mauritania

MRU

Mauritania Ouguiya

37.71

Suriname

SRD

Surinamese Dollar

38.37

Mauritius

MUR

Mauritius Rupee

45.35

Ethiopia

ETB

Ethiopian Birr

55.03

North Macedonia

MKD

Macedonian Denar

56.10

Dominican Republic

DOP

Dominican Peso

56.41

Philippines

PHP

Philippine Peso

56.73

Gambia

GMD

Gambian Dalasi

60.82

Mozambique

MZN

Mozambique Metical

63.25

Bhutan

BTN

Bhutan Ngultrum

82.73

India

INR

Indian Rupee

82.73

Afghanistan

AFN

Afghanistan Afghani

84.04

Kyrgyzstan

KGS

Kyrgyzstan Som

87.50

Russia

RUB

Russian Rouble

95.94

Albania

ALL

Albania Lek

97.32

Cape Verde

CVE

Cape Verde Escudo

100.77

Serbia

RSD

Serbian Dinar

107.07

Bangladesh

BDT

Bangladesh Taka

108.50

French Polynesia

XPF

CFP Franc

109.06

New Caledonia

XPF

CFP Franc

109.06

Wallis and Futuna Islands

XPF

CFP Franc

109.06

North Korea

KPW

North Korean Won

110.00

Vanuatu

VUV

Vanuatu Vatu

118.06

Iceland

ISK

Iceland Krona

130.15

Nepal

NPR

Nepalese Rupee

132.24

Algeria

DZD

Algerian Dinar

135.77

Haiti

HTG

Haiti Gourde

135.82

Kenya

KES

Kenyan Shilling

145.23

Japan

JPY

Japanese Yen

145.57

Jamaica

JMD

Jamaican Dollar

153.43

Djibouti

DJF

Djibouti Franc

177.00

Liberia

LRD

Liberian Dollar

184.99

Guyana

GYD

Guyana Dollar

208.50

Pakistan

PKR

Pakistani Rupee

303.95

Sri Lanka

LKR

Sri Lanka Rupee

320.34

Hungary

HUF

Hungary Forint

346.24

Argentina

ARS

Argentine Peso

349.95

Armenia

AMD

Armenian Dram

383.61

Comoros

KMF

Comoros Franc

449.61

Kazakhstan

KZT

Kazakhstan Tenge

461.85

Yemen

YER

Yemeni Rial

516.95

Costa Rica

CRC

Costa Rica Colon

538.60

Benin

XOF

West African CFA Franc

599.49

Burkina Faso

XOF

West African CFA Franc

599.49

Cameroon

XAF

Central African CFA Franc

599.49

Central African Republic

XAF

Central African CFA Franc

599.49

Chad

XAF

Central African CFA Franc

599.49

Republic of the Congo

XAF

Central African CFA Franc

599.49

Cote d'Ivoire

XOF

West African CFA Franc

599.49

Equatorial Guinea

XAF

Central African CFA Franc

599.49

Gabon

XAF

Central African CFA Franc

599.49

Guinea-Bissau

XOF

West African CFA Franc

599.49

Mali

XOF

West African CFA Franc

599.49

Niger

XOF

West African CFA Franc

599.49

Senegal

XOF

West African CFA Franc

599.49

Togo

XOF

West African CFA Franc

599.49

Sudan

SDG

Sudanese Pound

608.00

Nigeria

NGN

Nigeria Naira

771.60

Angola

AOA

Angolan Kwanza

824.90

Chile

CLP

Chilean Peso

855.00

South Sudan

SSP

South Sudanese Pound

1,007.29

Malawi

MWK

Malawi Kwacha

1,095.32

Rwanda

RWF

Rwanda Franc

1,179.52

Iraq

IQD

Iraqi Dinar

1,310.00

South Korea

KRW

South Korean Won

1,323.26

Myanmar

MMK

Myanmar Kyat

2,100.00

Democratic Republic of the Congo

CDF

Congolese Franc

2,421.49

Tanzania

TZS

Tanzania Shilling

2,493.14

Burundi

BIF

Burundi Franc

2,814.00

Mongolia

MNT

Mongolia Tugrik

3,465.64

Uganda

UGX

Uganda Shilling

3,717.00

Colombia

COP

Colombian Peso

4,082.00

Cambodia

KHR

Cambodian Riel

4,138.00

Madagascar

MGA

Malagasy Ariary

4,465.92

Zimbabwe

ZWL

Zimbabwean RTGS Dollar

4,570.34

Paraguay

PYG

Paraguay Guarani

7,275.00

Guinea

GNF

Guinean Franc

8,497.01

Syria

SYP

Syrian Pound

8,500.00

Uzbekistan

UZS

Uzbekistan Sum

12,060.00

Indonesia

IDR

Indonesia Rupiah

15,236.00

Laos

LAK

Laos Kip

19,686.00

Vietnam

VND

Vietnamese Dong

24,129.00

Somalia

SOS

Somali Shilling

24,300.00

Lebanon

LBP

Lebanese Pound

85,500.00

Iran

IRR

Iranian Rial

371,992.00

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