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Buy Forex Currency exchange is fast becoming a very popular financial transaction. The rise in the need for foreign currency can be attributed to the increased foreign trips, both personal and business. The rise in number of people moving away from their homes to foreign lands for jobs, studies, etc.

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Published by annadesoza123, 2017-12-11 04:48:53

10 of the most valuable currencies in the Foreign Exchange market today

Buy Forex Currency exchange is fast becoming a very popular financial transaction. The rise in the need for foreign currency can be attributed to the increased foreign trips, both personal and business. The rise in number of people moving away from their homes to foreign lands for jobs, studies, etc.

Keywords: Buy Forex,Forex Online,Money Exchange,Currency exchange rates

10 of the most valuable currencies in the Foreign Exchange market
today.

International Money Transfer Currency

exchange is fast becoming a very popular financial
transaction. The rise in the need for foreign currency
can be attributed to the increased foreign trips, both
personal and business. The rise in number of people
moving away from their homes to foreign lands for
jobs, studies, etc. is also fueling the rise in forex needs.
The world is fast becoming a global village and there’s

always a chance you might need to exchange
money in the near future. To keep you informed

regarding the matter.

This article will highlight some of the world’s most expensive
currencies and their value as of today against the INR.

Number 10th the US Dollar:

This is probably one of the most common

currencies in the foreign exchange market.

But even so, this currency finds its place at the
bottom of our ’10 most valuable currencies’

list. As of this moment, it would take you 62.87
Indian Rupees to buy one US Dollar.

The 9th most valuable currency in the Foreign Exchange market -
The Swiss Franc:

The abbreviation for the Swiss Franc is CHF,
this is because the Latin name for Switzerland
is Confederation Helvetica and the currency of

the country is called Francs, hence the

abbreviation CHF. CHF is also the currency of

Liechtenstein. If you are looking to some Swiss
Francs for your travels to Switzerland, you can
expect to shell out around Rs. 67.25 for single

CHF.

The 8th most valuable currency – the Euro:

The Euro is probably the second most common traded

currency after the US Dollar. This currency is used by

19 countries out of the 28 member European Union.
The Euro has one of the highest value of coins and bank

notes in circulation today with a combined value of
around 11,100,00,00,000 Euro. If you are looking to buy

Euros, you can expect a rate of nearly Rs. 76.74 for
every Euro you buy.

7th is the Caymanian Dollar.

Also known as KYD, this currency is the currency of the
Cayman Islands. The most common exchange rates for

this currency is the US Dollar to KYD Currency
exchange rates. One KYD will cost your around Rs.

77.89 as of today’s exchange rates.

Number 6th is Gibraltar Pound.

As the name suggest, this is the currency of the
Gibraltar Islands. This currency is most commonly

exchanged with the British Pound Sterling at

par values. One GIP is worth Rs. 84.04 at today’s
exchange rates.

5th on the list is the Pound.

This is the 4th most traded currency in world behind the USD, the Euro

and the Japanese Yen. Most people think that this currency is only

used in the UK, however, the Pound if also the official currency of
Guernsey, Jersey, the Isle of Man, South Georgia, the South Sandwich
Islands, The British Antarctic Territory and Tristan de Cunha. Buying one

Pound could set you back by Rs. 84.18.

The 4th most valuable currency is the Jordanian Dinar.

Abbreviated as JOD, it is one of the 3 Dinars that
find themselves in the top 4 most valuable

currencies in the Foreign Exchange Market.

This currency, along with the new Israeli Shekel,
is circulated in Jordan and the West Bank

territory. One Jordanian Dinar can cost you as

much 90.13 Indian Rupees as of today’s
exchange rates.

Number 3rd on the most valuable foreign exchange currencies is
the Oman Rial.

This is the currency used in Oman and what’s
surprising is that before 1940, Oman used INR

as its official currency. Even till this day, the

most popular Omani Exchange rate is INR

to OMR with a whopping Rs. 167.28 required to
buy a single OMR.

Number 2nd the Bahraini Dinar.

This is the second most valuable

currency in the foreign exchange

market today. This also a very popular
currency exchanged in India as Indians
are the largest expat group in Bahrain.
One BHD will purchase you around 170

INR in today’s market.

And the most valuable currency in the foreign exchange market is
the Kuwaiti Dinar.

This oil-rich country has topped the currency

value list for a few years now. Kuwaiti
Dinar is abbreviated as KWD is most

commonly exchanged with the INR owing
again to India’s strong expat community in
the nation. Buying one KWD could cost you

as much as 210.05.

These were some of the most valuable currencies in today’s forex market. If

you ever need to buy any of these currencies, there are numerous online
forex portals that will provide you these currencies at the best rates and

lowest commission charges.

To Read More on
Buy Forex or International Money Transfer

-: Visit us :-

http://youknowitbaby.com/article/65975/10_of_the_most_valuable_currencies
_in_the_foreign_exchange_market_today.html

Click To Know More On

Axis Foreign Exchange

https://www.axisforexonline.com


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