The most expensive currency of 2016 is the Euro or the British pound instead of the U.S Dollar. The currencies are the most valuable in the world which belongs to the economies that are the wealthiest. The currencies are listed with the U.S Dollar which runs for the money for the most expensive currency in the world. All the rates of exchange are from 19th January, 2016.
Some of the most expensive currency is listed as follows
10) Australian Dollar ( AUD )
1 AUD buys $ 0.69 U.S
The currency of Aussie is based on commodity and it more like the Canadian dollar which also adds exposure to the Far East trade and also the Japan.
2015 is the horrendous year which is famous for its natural sector of resource and it shows the plain enough for the value of currency down under this and it is clinched still in the final spot with the list of most expensive currency.
9) Singapore Dollar ( SGD )
1 SGD buys $ 0.70 U.S
Independence is gained in 1965 and this currency of Singapore came into existence with the pegged currency and it was the first British pound to the U.S Dollar.
This currency started to float free in the next 20 years which gave room to SGD in run. The value was skyrocketed as Singaporean which became the intellectual hub for the East. The beating country has the gross domestic product which forecasts the last two quarters and look for the strongest SGD.
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