Top Ten Strongest Currencies in the World for 2014
The different currencies ups and downs and keeping an eye of the strongest currencies to trade in is an essential thing for any Forex Trader , It is an essential part of trading in the Forex to always have updates information about the currencies and the strongest of them but aside from being needed in the Forex trade markets some people are interested to find out about the strongest currencies in the world so if you are one of those people then you are in the right place as we will present to you a list of the Top Ten Strongest Currencies in the world for 2014 .
10- Swiss Franc .
The Swiss Franc one of the strongest currencies in the foreign trade market , since world war two where the Swiss Franc was an important currency the Swiss Franc remain strong until now , up until 2003 the Swiss Framk was exchangeable with gold .
9- Hong Kong Dollar .
Hong Kong Dollar is another strong currency that worth to be listed on this list , the main usage for the Hong Kong Dollar is in the international ships traffic , the currency is exchangeable into many other international currencies and internationally recognized .
8- Corona Norway .
Norway has a dominant role in oil and gas exporting to the world which is the main reason that caused the currency to become among the strongest currencies in the world now, the currency was introduced in the 1870s .
7- Aussie .
The stable advanced economical and industrial situation in Australia in the international markets granted the currency popularity and stability as it is now recognized among the strongest currencies in the world , the currency is exchangeable to any international currency .
6- Swedish Crown .
The Swedish Crown is a significant currency in the international trade market , it became strong and stable since Sweden became an essential producer of steel and palladium .
5- Canadian Dollar .
The Canadian Dollar get fluctuated often in terms of its exchanging rates but most of the times it equals $1 , The Canadian dollar is daily sold and bought in the international market and highly recognized .
4- Sterling .
The Sterling is for no doubt one of the strongest currencies in the world and has remained so since the 19th century , it is recognized worldwide , traders use it every day for international purchases and trades .
3- Euro .
The Euro is treated as an international currency to a high extent , it is exchangeable into US dollar and sold for a higher price than one US dollar , Although the Euro passed by many ups and downs but it is still strong enough to be counted among the strongest currencies in the world .
2- Japanese Yen .
The Japanese yen is a strong currency of Asian countries that include North Korea, Vietnam, Laos and Cambodia. The Japanese yen is ranked in top spots since Japan became a prominent electronic manufacturing country.
1- US Dollar .
The US dollar is for no doubt the strongest currency in the world as it is the main used currency for most of the international deals which make it the most recognized currency in the globe , the strong economical and financial situation in the USA is the reason why the US dollar is the top of our list .
