World Most Expensive Currency - 170 Countries Compared
ฝัง
- เผยแพร่เมื่อ 29 พ.ค. 2023
- World Highest Currency - 170 Countries Compared
This video was created by Nerd Cassette. It was written, researched, animated, voiceovers and edited by Nerd Cassette.
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A high exchange rate does not necessarily indicate a weak economy. Additionally, please be aware that the data provided is currently being analyzed based on the date the video was created. It is important to note that currency rates fluctuate daily. For the most up-to-date information, we recommend verifying the latest data from various sources or official government websites. Thank you.
❤Tajikistan❤
🗽United States Of America🇺🇲
💙
Ecuador??
The value of a currency does not necessarily reflect the wealth of a country. A more valuable foreign currency does not necessarily mean that the foreign economy is larger or stronger. Exchange rates are set by a variety of factors, including the amount of money in circulation. Currencies increase in value when lots of people want to buy them (meaning there is high demand for those currencies), and they decrease in value when fewer people want to buy them.
There are several ways to measure the wealth of a country. One of the most commonly used measures is **Gross Domestic Product (GDP)**, which looks at all the goods and services exchanged within a country’s borders in a given year. However, there are growing calls to find GDP alternatives to measure countries’ wealth and welfare, as GDP has several flaws. For example, it ignores many crucial ways to measure the wealth of a country: clean air, health, life span, gender equality, opportunity, education, and more. The World Bank's **Changing Wealth of Nations** report goes beyond economic output to estimate global wealth based on natural, human and produced capital.
The thing is that a strong currency isn't always great. Germany for example wants to keep the €uro down, because if its too valuable their exports will suffer.
I'm a retired American with only a $2,000 dollars per month income thats low income in the US but if I moved to a low income country I would be rich
Can’t wait to donate you 1 grand Iran cash
This might be famous so
No 5 thousand bientnamise Dong is enough 💰😒
احتاج فقط اكمل شرط رابع فهل من متبرع 🙏😢
@@Agent-ie3uv can you even spell Vietnamese?
@@theasians8607 Việt Nam top 2 tính từ dưới lên trên 😢
0:49 finally somebody mentions the forgotten currency, the mongolian tugrik, the currency is barely even mentioned at all in major news articles especially on being one of the weakest currency. Thank you
Currency exchange rates always change and can’t be rated based on amount. For example, 1 dollar is technically 100 cents but you don’t compare that to 140 yen which would be regarded 140 yen to140 cents. It’s false advertising. Also this is true today but not necessarily tomorrow. Also the Kuwait Dinar may be worth 31us cents but a cup of coffee is about 4 Dinar’s in Kuwait which exchanges to over $12US
Ha??
Also you see 3rd world countries high on the list and Japan, South Korea low on the list. It’s GDP and trust in a currency that keeps it more stable. Regardless of its conversion to USD
But many years ago, the Japanese Yen had cents that they called 銭 (sen) and one tenth of a cent 厘 (rin). But it was taken out of circulation because hyperinflation. There were banknotes of 1, 5, 10, 50, 100 and 500 yen which now are coins. And there are now banknotes of 1,000 2,000 5,000 and 10,000 yen. So the Yen is really devaluetad, but the economy is strong now, but at the war time it lost much value.
Yeah this video doesn't mean much
I never thought that the Malaysian Ringgit did so well
🇲🇾🇲🇾🇲🇾
It's not the face value of the exchange rate matters, rather its the purchasing value that matters. Also the general income of the people plays a very crucial function.
Thanks for sharing 🙏😊
Wellcome 💙
Iran and Kuwait are not far from each other, but the value of their currencies is very far.
In Iran, we have a nuke economic bomb named "Mullah", that's what Kuwait doesn't have.
@@parakiani5991 And Iran has nothing more than a bomb
@@parakiani5991 موشک رو بکنیم تو کونمون؟
Exchange rate doesn't indicate or say anything about that economy really. It's just a fun fact.
Iran has economic sanctions
this comparison is kinda usless because of economic scale but the content was very fun with those niceeeeee illustration!
The Jordanian dinar is still dominant despite the passage of years. My father used to say that it is difficult to obtain it, unlike the Iraqi dinar, which was worth three dollars in the eighties, and now there is nothing in front of the dollar.
صح بسبب الحصار الذي فرض علينا بعدما وقفنا بوجه المحتلين
For information: Iraq was before 2003 the most expensive currency in the world. The Arabs are by nature proactive in everything, but because of the large number of enemies, we are trying to get back to the top.
FAKE!!!🤥
@@ultimahoraviboras1665
u can search in google
@@basra_GulfEven in 1995 the iraqi currency was 5 to 6 Times Higher than reported
Good comparison but some of the European currencies that don't have Euro's are locked to the Euro. Like the Danish Krone, so the strength of the Krone is equal to that of the Euro.
it is very cool that Belarus held a denomination in 2016, because before it, $1 was worth about 20 thousand Belarusian rubles (and then the Belarusian ruble would not have received any stars in the rating of currencies of this channel)
Lukashenko is cool
@@Morgan77477 3% процента белорусов согласились бы с тобой)
Pls add info on the type of currency (fixed exchange rate or floating exchange rate)
Nice 💯❤
Қазақстан Алға👍👍👍😁😁
The value of a currency does not necessarily reflect the wealth of a country. A more valuable foreign currency does not necessarily mean that the foreign economy is larger or stronger. Exchange rates are set by a variety of factors, including the amount of money in circulation. Currencies increase in value when lots of people want to buy them (meaning there is high demand for those currencies), and they decrease in value when fewer people want to buy them.
There are several ways to measure the wealth of a country. One of the most commonly used measures is **Gross Domestic Product (GDP)**, which looks at all the goods and services exchanged within a country’s borders in a given year. However, there are growing calls to find GDP alternatives to measure countries’ wealth and welfare, as GDP has several flaws. For example, it ignores many crucial ways to measure the wealth of a country: clean air, health, life span, gender equality, opportunity, education, and more. The World Bank's **Changing Wealth of Nations** report goes beyond economic output to estimate global wealth based on natural, human and produced capital.
Indeed, the stars are completely stupid and show that the guy having created this video doesn't have not the most basic clue about economy. Such a shame.
Для того, чтобы измерить экономическое сосоояние населения, нужно сравнивать ВВП по ППС на душу населения. При чем здесь ВВП и богатство? Если у меня в стране стрижка стоит 10 долларов, а в соседней 30?
That depends on the owner inflation and if its communist or capitalist
Вообще влияеть еще как! 🗿 Тем ниже цена валюты, тем трудней той или иной стране купить оборудование, плохо знаешь эканомику и цены на оборудование! 🤦♂️ У нас 11к$ Я уже задолбался сравнивать но есть даже Иностранцы которые незнают базу, впринцепе я разочерован! Приглашаю жить в нашей стране! 🇰🇿😜👌 Почусвуй на своей шкуре как трудно жить! 1$ = 452tenge, tg, тг 🗿 И оборудование для изготовление хлеба пример: 11к$ а хлеб стоить уже 150тг раньше стоил 80-50тг Теперь 150 реальность! 🗿👌 Значить оборудования у нас стоить 5млн_тг Оно скоро доидет до этой отметки! 😜👌 Наверное должен стоить и 453тг за 1$ Что бы собрать из 150 за месяц или легче 150тг × 5часов × 60хлеб × 31месяц = 1млн395к Кстати оборудование Белгий! 😜👌 БЕЗ УЧЕТА НАЛОГА! Без учета доставки, без учета рабочих! 😜👌 И без учета что купять хлеб! 🗿👌😂
@@gydratv372 какой же ты глупый. Зачем лезешь, если не разбираешься. Ты знаешь, что такое деноминация? Мы можем убрать нули и сделать цены в тиыны и хлеб будет стоить не 150 тенге, а 15 тиын, т.е. 0.15 тенге. Курс к доллару будет не 452 тенге, а 45 тиын, как в кувейте или где там. И что? Что у тебя изменится? Да ничего. Курс ничего не отражает, вот тенденция снижения/повышения может указать на какие-то экономические проессы, но не экономическую ситуацию. В чем проблема делать оборудование для хлеба у себя в стране? Короче, учи мат.часть и не пиши ничего.
"I love how engaging the host is. Keeps me glued to the screen!"
mantap bikin tambah ilmu dunia chanel
I am working in Kuwait mainly coz of the Currency rate...🙂
7:02: Fun fact: The Convertible Mark is based on the German Mark and had the same value. Now it is pegged to the Euro and has the same exchange rate as the German Mark when it was replaced by the Euro.
👌👌👍👍 thank you thank you so much all country and currency details and very very nice video👍👍👌👌
Thank you for your sharing and contribution.
Welcome bro 💙
7:39 1 USD=1 United States Dollar… okay I get it
interesting fact: I'm Vietnamese so if you lick 3 million a month they call you poor and if you earn 8 million they consider you normal
As a sri lankan I thought 1USD was around 290 rupees
Guess they have increased rates
You forgot😂
⭐⭐⭐⭐⭐
1USD = 1
AMERICAN DOLLAR...
its inside 7:35 :)
As an iranian , even we dont use rial . We use toman that equal to 10 rial . And even we use 1000 toman in our calculations. Three years ago parliament was going to remove 4 zeroes but canceled .
Fun Fact: iran has two currencies (Rial) and (Toman). 1 Toman=10 Rial. but Rial is our official currency and 1USD=486840 Rials and 1USD=48684 Tomans at the time I'm writing this comment but 50 years ago 1USD=70 Rials😶
چیشده؟داش پنجاه سال پیش یه دلار مساوی هفتاد ریال بود اگه اشتباه نکنم
داداش دیگه فیلم سوپرش نکن همیشه ارزش دلار بیشتر از ریال بوده
۷۰ریال بوده قدیم
@@heliasafarpour3010 درسته خواستم کمی اقرار کنم😅
Sierra Leone had revised their currency up by 1000 fold, omit 3 zero
Such an interesting channel
Thanks dear 💙
Tajikistan ba pesh!- Tajikistan forward 5:08
😊🇹🇯🇹🇯🇹🇯
it is much beter to include the country avg incomeas well so that we can accuratly find how many people with avg income earning people in each country afford 1 usd just a suggestion keep up the good work
nice! love the flags.
💙
Kuwait 🇰🇼❤
💙
Which Software u Used to create this Animation??
I never thought that the tunisian Dinar did so well 🇹🇳🇹🇳🇹🇳
1 usd 1.70 Azerbaijna Manat 🇦🇿👍🤙
The upside for low currency value is that it's good for exporting goods and more jobs, eg Mexcio is making cars for the USA because it's cheaper and it helps employment in Mexcio, the USA with a high value currency has lost jobs to Mexcio.
Mexico
@@EduardoGonzalez-ee7lu OH, me make dumb typo, sorry.
6:01 ❤❤❤🇲🇾🇲🇾🇲🇾
Перерисовуй. Деревянный рублик уже 100 за $1
Чел, сумма меняется каждый день на всех валютах
@@Pruss_ball ага,меняется. На пару центов плюс минус
пусть и меняет каждый день видос@@Pruss_ball
As a Yemeni i'm proud to see that Kuwait has the highest currency.
as an australian, no one gives a shit what you're proud about
Westerner Cross breed 😭😭@@shaungovind8698
I loved your video greetings from Mexico City, new subscriber👍
Thanks bro 💙
UPDATE: 00:52
1 USD = 13,500
Syrian Pound 🇸🇾
Proud to be a nepali love u from n🇳🇵 ❤
Love Nepal From Bangladesh 🇧🇩🤩
Thanks brother, From Bangladesh❤🇧🇩
Wellcome bro 💙
Bro which software you’re using to make videos?
The Eastern caribbean Dollar is missing from the list. Its exchange rate is USD$1=XCD$2.67
As an Armenian I can say, that for the last year 1 dollar went down from 500 drams to 380. Maybe some of you would be happy, that you're currency gets stronger each day, but I can tell you for us it's not the case. We are a small country we work only on export, and our country becomes more expensive for foreigners each day. For example a cup of coffee was 900 drams, it was about 1.8 USD, now it's 2.5$ but in drams it costs the same
In USA, a coffee that was $3.50 in 2021 is now $5.00
Inflation is global.
@@Unknowngfyjoh yes you're right, but for us the price in our currency is the same. But less people can afford it, because everyone works for dollars, euros and rubles. Our currency is getting stronger each day, even France sold its business with gold to the local company, cuz it's not profitable, u sell for euros, but gotta pay drams salaries. If we change our currency to euro it will be great.
@@What_if233
What is a DRAM?
How you're an American but you're not? 🤔 don't get it.
Very nice information. Thank you. It is true that this information often changes a lot even during one day, not that for a whole month. But you can roughly orient yourself. Greetings from Ukraine.
Hello from Syria
Bruh 1 USD= 14000 Syrian pounds 💀 not 2500
“The My-anmar kayat is the official currency of My-anmar”
OK IK ITS THE AI VOICE BUT AS A BURMESE PERSON THIS IS SENDING ME 😭
There is an error information in the video, for Syria, one dollar is equal to 9025 Syrian pounds, not as shown in the video
Turkish Lira changes a lot nowadays, and now it is 1 USD - 22-23 TRY.
Durumunuz gittikçe daha kötü oluyor be
@@togrulasgerov2266 Evet malesef/Sadly yes.
@@velikarakaya2451 türk yoruma ingilizce cevap veren türk arkadaşımız
Türkmen parası Türk parasından bile daha iyi.
Доллар 🇺🇸 - это зеленый фантик который по цене дешевле использованной туалетной бумажки, и это очень скоро поймут все😂
From Arabian gulf of Oman 🇴🇲
Arabian What?
argentina: 470(aprox) its call dollar blue
Turkish lira is now 30
25*
Nice ❤❤❤
The change of the Cuban peso is about 120 almost 1 year ago
When I worked in Angola in 1996 the Kwanza was as low as 50,000 for $1.
Let everyone know that the high price of their local currency against the dollar does not mean anything if they do not have a strong economy and a huge domestic product that is divided among the people by justice.
7:07 Azərbaycan Manatı 😊👍🏻 17-ci yer.
Funny to see the S. Korean Won being worth less than the North Korean one.
Interesting how the cheapest currency and the most valuable currency belong to neighboring countries, Iran and Kuwait respectively.
interesting fact: I'm Vietnamese so if you lick 3 million a month they call you poor and if you earn 8 million they consider you normal
En Argentina es en realidad 500 pesos= un dólar. El valor que sale en Google es el dólar oficial que es el dólar que compras en los bancos pero nadie lo usa porque solo podes comprar 200 dólares mensuales. En cambio se usa el dolar blue osea el dolar del mercado negro que es el que se vende en la calle que ese se vale 500
Si compras dólares a 500 te estan re cagando
Comprale a otro a un banco porque el que te vende dólares te está tomando de pelotudo
@@robertoalarcon4991500 en la actualidad es barato. El dolar es fluctuante en Argentina, el blue salto de 525 a 550 y hoy a la fecha bajo a 535.
@@nicoriverplate3744 si el comentario fue de hace 1 mes ahora está creo q a 580
Hoy está a 925, pero pronto volverá a pasar los 1000.
Ahora está a 800 según Google.
Thanks for video
🔝🔹🇰🇼
Welcome 💙
Paraguayan guarani is the currency of Paraguay since 1994 😔😔😢🧌🦐⛄️
Azerbaijan 1.7 😎
Turkish lira already went from 19.9 to 26 in this 3 weeks
turkish lira is a toilet paper
lets you will mention that a lot of countries took zeros from own currencies to be near to 1 dollar,for example Zimbabve took 12 zeros from his currencie, Venesuela 6 zeros, Turkey and Romania did it in 2005 the same did all postsoviet republics in 90s, except Kazakhstan and Armenia.
0:20 Fun fact : You can buy 1 piece of candy with IDR 200-500 Indonesian currency, it's time to redenominasi -000 🤔👌
Our currency in Kuwait called Dinar not Dynar " Dee-Naar" Great video 👍💙
Thanks bro 💙
Dear brother Pronouncing words from languages like Arabic or Indian names can be challenging for people who are not familiar with those languages. Just like individuals from any other region, people from Europe can make mistakes when pronouncing words from foreign languages, including Arabic or Indian names.
@@nerd_cassette As a Indian, Yes you are right. It's the home of one of the most weird languages😂. Well... it's still a title...
Additionally Turkish Lira is pronounced as Lee-Rah and not Ly-rah
Actual Venezuelan Bolivar value represents 1 Bolivar = 1000000000000 Bolivar of 2006. And minimum wage is around $60 per month.
What do you say Eduardo? Minimum wage is around $60 per month?. 10 dollars per month!.
@@iroking13 It used to be $10 per month around 2017 when the crisis was in the worst moment
@@alexandermurgan Nada ha cambiado con la inflación y Venezuela es el unico pais donde el dolar se devalúa. La crisis está peor, hay insumos pero no hay billete.
@@iroking13 Bruh yo soy Venezolano, se lo que dices xd
60 dólares con los bonos de los CLAPS de gorgojo que reciben cuando les dan ganas al gobierno. es una desgracia.
Kyrgyzstan🇰🇬❤️
❤ your channel from India.
Ringgit Malaysia at 36 currency in the world 🇲🇾
Overproud issue
Yes, despite that, RM (MYR) is one of the beautiful notes in the world with lots of safety features making it almost impossible to counterfeit. However, some of them in the not so distant neighbor (with low value and less quality notes) claim that it is made in their country hahaha
Turkish lira, which was 19 TL when this video was shot, is now 20.61 TL
Almost 22 now.
Yeah but it doesn't mean anything actually. Purchasing power is important. They can erase all the zero's from everything. A coffee can go from 40 TL to 4 TL. A dollar can go from 20 TL to 2 TL. A coffee would be still 2 dollars before and after. So this chart doesn't really mean anything.
@@Spiderhip IF YOU LIVE IN TURKEY, THIS TABLE MEANS A LOT
@@Spiderhip Do you know how it feels to be stupid to save your own money?
@@Spiderhip amk nasıl ifade etmıyor sende türksün işte anlamıyormusun enflosyon berbat işte
40 years ago, 7 iranian rial = 1 dollar
😭😭😭😭
1 dollar = 12.000 Syrian pound in third world countries such as Syria and Algeria there are Black market for the people . the government price is only for them not for the normal people . so if you want to buy something online or wanna travel out the country you need to buy the currency from the black market which is about 25 to 50%+ value example in Algeria it says 1= 136 but in black market 1 = 205 . that make the people suffer more and every thing is coming from outside so this make life hard and hard every day
Keep in mind that JOD, OMR, BHD, and KWD are divided into 1,000 units where as other currencies are 100. In this logic, GBP actually becomes the strongest currency.
I think is the same
The value of a currency does not necessarily reflect the wealth of a country. A more valuable foreign currency does not necessarily mean that the foreign economy is larger or stronger. Exchange rates are set by a variety of factors, including the amount of money in circulation. Currencies increase in value when lots of people want to buy them (meaning there is high demand for those currencies), and they decrease in value when fewer people want to buy them.
There are several ways to measure the wealth of a country. One of the most commonly used measures is **Gross Domestic Product (GDP)**, which looks at all the goods and services exchanged within a country’s borders in a given year. However, there are growing calls to find GDP alternatives to measure countries’ wealth and welfare, as GDP has several flaws. For example, it ignores many crucial ways to measure the wealth of a country: clean air, health, life span, gender equality, opportunity, education, and more. The World Bank's **Changing Wealth of Nations** report goes beyond economic output to estimate global wealth based on natural, human and produced capital.
yes i agree with u. but most of the people does not understand
@@donoftheblackworld2258 Just never mind about them.
@@IndependentFreedomHappinessbut you didnt wrote this did you
The strongest currency from Streetfighter is missing here - The Bison Dollar! 1 Bison Dollar is worth 6.25 US Dollar 😊
just as a funny info, argentina right now has multiple currency values, and today 08-17-2023 1usd = $760 ars.
I have cheap dollars (baht, rubles, francs, euros & pesos are different stories) from the vendors marketplace
Instead of just nickels and dimes barters (wholesalers)
Unfortunately, 1 dollar became 30 Turkish lira.
How many zeroes you have in your currency doesn't mean strong or weak currencies, doesn't mean anything really, any country can change the zeroes whenever they want.
19.9 TRY (Turkish Lira) for 1 USD...those were the good old days .... wait that was just 12 days ago ;)
AKU BANGGA DILAHIRKAN DI NEGARA INDONESIA
❤️🇲🇨❤️
💙
Apakah Anda bangga dengan mereka yang menjalankan negara Anda?
Negara di indonisia tu banyak kan rp yang ada kalau malaysia ada macam tu mesti saya akan gembira
tp kita masih kalah sama vietnam dan iran..
Iyaaa ka bangga di Indonesia 🇮🇩
7:05 Azerbaijan❤
Kuwaiti Dinar is crazy.
Now 1 dollar: 27 turkish lira
In Panama we use the American Dollar
AZERBAİJANİ MANAT 🇦🇿
I live in kuwait can't believe its a small country and has the highest rate😮
💙
Me to im im from kuwait to
TOP 3 COUNTRIES
KUWAIT,BAHRAIN,OMAN
1:56 Kazahstan 🇰🇿🇰🇿🇰🇿🇰🇿🇰🇿
I also heard that you still need a visa to travel to the US if you live in Canada but you don’t if you live in the US and travel to Canada which is pretty strange! :)
Not true! I live in Canada and i often go to the us and never required a visa 😁
Not true. Also, if you are traveling through the land border and are below 16 years old you don't to present a paasport but you do if you are arriving via plane.
I have heard you still need to pay American tax if you earn in another country
@@BenjaminRodandwhoopi
I pretty much that would only apply until you gain permanent citizenship in the other country you are working in if you end up permanently moving to that country for work! :)
@@Techno-Universal No ,American are forced to pay tax ,the only way for them would be to relinquish their American citizenship ,it's the only country in the world that obligate it's citizen to pay tax wherever they are on the world ,while for all the other country ,you have to choose whether you want to pay tax to your home country or to your country of residence (And if you obtain the citizenship of your country of residence ,then you are pretty much forced to pay tax to this country if you choose to stay in it instead of going back to your home country)
There is also another privilege the US have and it's for crime committed in international water (And in space too since it count as International water) ,there is only 3 country that can put you on trial/judge you :
1-The origin country of the victim
2-The origin country of the criminal
3-The US
Azerbaijan manat 1.7 👍✊
Turkish Lira
Video: 30 May 23 - 1 USD = 19.9 TL
Now: 15 Aug 23 - 1 USD = 27,05 TL
There is nothing else I can say...
Ağla
@@O4K28 kes
Vietnamese dong 😳
It's heartbreaking to see, how my country's currency is worthless even compared to some african countries' currencies...
Thanks for the video from Hungary
The value of a currency does not necessarily reflect the wealth of a country. A more valuable foreign currency does not necessarily mean that the foreign economy is larger or stronger. Exchange rates are set by a variety of factors, including the amount of money in circulation. Currencies increase in value when lots of people want to buy them (meaning there is high demand for those currencies), and they decrease in value when fewer people want to buy them.
There are several ways to measure the wealth of a country. One of the most commonly used measures is **Gross Domestic Product (GDP)**, which looks at all the goods and services exchanged within a country’s borders in a given year. However, there are growing calls to find GDP alternatives to measure countries’ wealth and welfare, as GDP has several flaws. For example, it ignores many crucial ways to measure the wealth of a country: clean air, health, life span, gender equality, opportunity, education, and more. The World Bank's **Changing Wealth of Nations** report goes beyond economic output to estimate global wealth based on natural, human and produced capital.
@@IndependentFreedomHappiness Yeah, but our currency still lost like 40% of it's value in the last 10 years, and that's very sad... especially now, that it accelerates the inflation which is already record high to begin with...
What about joining the Eurozone?
@@AJ_realno please keep them out