What is meant by strongest?
If you could hold only one fiat currency, which one would it be? To me that'd be USD, cause it is the most widely used and accepted.
Topic: What is the strongest fiat currency in the world today? - page 2. (Read 7292 times)
Would have to say the Swiss Franc
Since it is pegged to the Euro, how can it be stronger than the Euro?
Would have to say the Swiss Franc
It seems the USD buys less and less each day, I wonder how other currencies are going compaired to USD.
USD might still be the most overvalued currency there is so you could say it's the "strongest" even though it lost a lot over the recent years.
The fact that all big fiats are being mishandled hides the relative fall of them all. Say the EUR wouldn't have been mishandled to such an extreme, it would have been worth at least a couple of dollars now.
EUR is currently the strongest (BIG) currency.
All the other Central banks are printing there currency like "mad cows" atm.
Central bank of Europe isnt joining in this ponzi scheme created by all other central Banks.
However Super Mario may eventually start printing too, he was trying to show his balls lately.
All the other Central banks are printing there currency like "mad cows" atm.
Central bank of Europe isnt joining in this ponzi scheme created by all other central Banks.
However Super Mario may eventually start printing too, he was trying to show his balls lately.
Hahaha the Euro? You have got to be kidding me. Europe isn't a ponzi scheme? That's why they let in serial defaulters like Greece, Italy, etc.? They're called PIIGS for a reason and countries like Germany have to constantly bail them out in order to keep the Euro from collapsing. What is it 17+ sovereign nations with totally different laws under one currency? Yeah there's some real strength there
Like the USA has the same laws in al states and China isn't devided with seperate rulings in different regions
. Hyperinflation as most on here are convinced of, is next to impossible in a credit driven monetary system.
Why do you think that?
there is no obvious answer to this question because there is no one strongest fiat currency in the world
The Euro
The Kuwaiti Dinar (not Riyal) is the worlds highest valued fiat currency unit. However, it is pegged to the US dollar.
In fact, a large mcdonalds fish fillet meal is 1.45 KWD, (Kuwaiti Dinar)
Source: I live in Kuwait above a McDonalds
In fact, a large mcdonalds fish fillet meal is 1.45 KWD, (Kuwaiti Dinar)
Source: I live in Kuwait above a McDonalds
EUR is currently the strongest (BIG) currency.
All the other Central banks are printing there currency like "mad cows" atm.
Central bank of Europe isnt joining in this ponzi scheme created by all other central Banks.
However Super Mario may eventually start printing too, he was trying to show his balls lately.
All the other Central banks are printing there currency like "mad cows" atm.
Central bank of Europe isnt joining in this ponzi scheme created by all other central Banks.
However Super Mario may eventually start printing too, he was trying to show his balls lately.
Hahaha the Euro? You have got to be kidding me. Europe isn't a ponzi scheme? That's why they let in serial defaulters like Greece, Italy, etc.? They're called PIIGS for a reason and countries like Germany have to constantly bail them out in order to keep the Euro from collapsing. What is it 17+ sovereign nations with totally different laws under one currency? Yeah there's some real strength there
Of all the FX majors, I think NOK is strongest. Short EUR against NOK.
Except for the fact that the Eur/Nok has risen from 7.40 to 8.40 over the last year. That tells me the Euro is much stronger:
http://finance.yahoo.com/echarts?s=EURNOK%3DX+Interactive#symbol=;range=2y;compare=;indicator=volume;charttype=area;crosshair=on;ohlcvalues=0;logscale=off;source=;
That tells you it WAS stronger, not that it IS stronger.
EURO is the most strongest currency i would and if you are asking about the worth in conversion then its kuwati riyal( correct me if iam wrong) which cost somewhat around 3.55usd per riyal. 
Definitely the Euro
Strong is too much of a vague word to describe currency. The Swiss Franc if it wasn't peg would be one of the strongest in the world but far that is somewhat easily trades. Norway and Kuwait also have very strong currencies but are thinly traded (relatively). Yuan is pegged and manipulated too much. Euro will fail at some point, too much difference in economies between southern and northern Europe. The USD is the most widely used and is backed by the highest GDP that isn't pegged to anything. So which is strongest?!
Even with it's immense problems, the euro has outperformed the dollar dramatically.
Europe still has real industry and is the leading producer of high value goods. As an example Emilia Romagna in Italy out produces NYC by multiples despite having 1/2 the population.
It is impossible for the ECB to fight against a strengthening euro against USD, they would have to close down half of German industry. The eurozone as a whole has generally balanced trade. Imports ~ Exports
American dollar has caught a bid namely from the shale oil and gas.
There is no strong fiat currency, they generally fluctuate amongst themselves in a given range.
Paper fiat will gain value over the next few years, as bad debts continuing wrecking bank balance sheets. Hyperinflation as most on here are convinced of, is next to impossible in a credit driven monetary system.
Europe still has real industry and is the leading producer of high value goods. As an example Emilia Romagna in Italy out produces NYC by multiples despite having 1/2 the population.
It is impossible for the ECB to fight against a strengthening euro against USD, they would have to close down half of German industry. The eurozone as a whole has generally balanced trade. Imports ~ Exports
American dollar has caught a bid namely from the shale oil and gas.
There is no strong fiat currency, they generally fluctuate amongst themselves in a given range.
Paper fiat will gain value over the next few years, as bad debts continuing wrecking bank balance sheets. Hyperinflation as most on here are convinced of, is next to impossible in a credit driven monetary system.
Of all the FX majors, I think NOK is strongest. Short EUR against NOK.
Except for the fact that the Eur/Nok has risen from 7.40 to 8.40 over the last year. That tells me the Euro is much stronger:
http://finance.yahoo.com/echarts?s=EURNOK%3DX+Interactive#symbol=;range=2y;compare=;indicator=volume;charttype=area;crosshair=on;ohlcvalues=0;logscale=off;source=;
EURO is the most strongest currency i would and if you are asking about the worth in conversion then its kuwati riyal( correct me if iam wrong) which cost somewhat around 3.55usd per riyal.
Definitely the Euro
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Thinking about it I will say the Chinese
They have a nice stockpile of gold missing gold and a lot of resource inputs that back up the currency
The Chinese are also in a position to tentatively bring a gold standard and become the worlds reserve currency of the US and has accumulated a few bitcoins so they have a lot of potential.
They have a nice stockpile of gold missing gold and a lot of resource inputs that back up the currency
The Chinese are also in a position to tentatively bring a gold standard and become the worlds reserve currency of the US and has accumulated a few bitcoins so they have a lot of potential.
The Swiss franc is pretty strong, compared to most other currencies atm, as it's purchasing power is pretty stable against the other big currencies.
Someone I know works for a financial firm in Zurich, and he's very happy to be paid in CHF.
Someone I know works for a financial firm in Zurich, and he's very happy to be paid in CHF.
It is tied to the Euro now. Central bank policy. CHF strength is history.
Interesting, I wasn't aware of this. Thanks for the info.
Neither was I, delightful info there.
Of all the FX majors, I think NOK is strongest. Short EUR against NOK.
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