The value of currency differs across the world and often change over time. The currency exchange rate converts the value of one form of currency into another. Knowledge of this rate is especially useful when traveling to different countries. In a recent article released by Reuters, currency market strategists are predicting greater weakness in the U.S. dollar over the next few months. We created maps of areas around the world with the current value of 1 USD across each country’s respective currency. In the map below, currencies for North America are shown with the exchange rate of 21 different countries. The strongest currency is the Cayman Islands dollar. The exchange rate of the Cayman Islands dollar is 0.82 for 1 USD. The weakest currency is the Haitian gourde.  1 USD is equivalent to 61.4 Haitian gourde. The Cayman Islands is the only country with a stronger currency than the U.S. dollar.

Strongest Currencies

  • Cayman Islands: 1 USD = 0.82 Cayman Islands dollar

  • United States: country uses USD as currency

  • Puerto Rico: country uses USD as currency

  • Panama: 1 USD = 1 Panamanian balboa

  • Cuba: 1 USD = 1 Cuban convertible  Peso

  • Bermuda: 1 USD = 1 Bermudian dollar

Weakest Currencies

  • Jamaica: 1 USD = 121.3 Jamaican dollar

  • Haiti: 1 USD = 61.4 Haitian gourde

  • Dominican Republic: 1 USD = 45.6 Dominican peso

  • Trinidad and Tobago: 1 USD = 6.6 Trinidad dollar

  • St. Lucia: 1 USD = 2.7 Caribbean dollar

  • St. Kitts Nevis Anguilla: 1 USD = 2.7 Caribbean dollar

  • St. Vincent and Grenadines: 1 USD = 2.7 Caribbean dollar

 

Currencies for South America are shown with the exchange rate of 13 different countries. The strongest currency is located in French Guiana. This country uses the Euro, which has an exchange rate of 1 USD = 0.88 Euro. The weakest currency is the Paraguayan guaraní, 1 USD is equivalent to 5,666 Paraguayan guaraní. French Guiana is the only country with a currency stronger than the U.S. dollar.

Strongest Currencies

  • French Guiana: 1 USD = 0.88 Euro

  • Ecuador: country uses USD as currency

  • Peru: 1 USD = 3.34 Peruvian nuevo sol

  • Brazil: 1 USD = 3.61 Brazilian real

  • Suriname: 1 USD = 3.95 Surinamese dollar

Weakest Currencies

  • Paraguay: 1 USD = 5,666 Paraguayan guaraní

  • Colombia: 1 USD = 3,019 Colombian peso

  • Chile: 1 USD = 675.5 Chilean peso

  • Guyana: 1 USD = 205.0 Guyanese dollar

  • Uruguay: 1 USD = 32.1.1 Uruguayan peso

 

Currencies for Europe are shown with the exchange rate of 27 different countries. The strongest currency is located in the Isle of Man. This country uses the Manx pound, which has an exchange rate of 1 USD = 0.69 Manx pound. The weakest currency is the Belarusian ruble, 1 USD is equivalent to 20,096  Belarusian ruble. In the map, 5 locations have stronger currencies than the U.S. dollar: Isle of Man, Great Britain - UK, European Union, Liechtenstein, and Switzerland.

Strongest Currencies

  • Isle of Man: 1 USD = 0.69 Manx pound

  • Great Britain: 1 USD = 0.69 Pound sterling

  • 22 Countries in Eurozone: 1 USD = 0.88 Euro

  • Switzerland: 1 USD = 0.96 Swiss franc

  • Liechtenstein: 1 USD = 0.96 Swiss franc

Weakest Currencies

  • Belarus: 1 USD = 20,096 Belarusian ruble

  • Armenia: 1 USD = 481.5 Armenian dram

  • Hungary: 1 USD = 276.9 Hungarian forint

  • Albania: 1 USD = 123.7 Albanian lek 

  • Serbia: 1 USD = 108.3 Serbian dinar

 

Currencies for Africa are shown with the exchange rate of 49 different countries. The strongest currency is located in Zimbabwe, which uses the U.S. dollar as its currency. The weakest currency is the Guinean franc, 1 USD is equivalent to 7,573 Guinean franc. No countries have stronger currencies than the U.S. dollar.  

Strongest Currencies

  • Zimbabwe: country uses USD as currency

  • Libya: 1 USD = 1.37 Libyan dinar

  • Tunisia: 1 USD = 2.01 Tunisian dinar

  • Ghana: 1 USD = 3.86 Ghanaian Cedi

  • Sudan: 1 USD = 6.10 Sudanese pound

  • South Sudan: 1 USD = 6.10 South Sudanese pound

Weakest Currencies

  • Guinea (Conakry): 1 USD = 7,573 Guinean franc

  • Sierra Leone: 1 USD = 3,991 Sierra Leonean leone

  • Uganda: 1 USD = 3,372 Ugandan shilling

  • Madagascar: 1 USD = 3,183 Malagasy ariary

  • Tanzania: 1 USD = 2,186 Tanzanian shilling

 

Currencies for the Middle East, Asia and Russia are shown with the exchange rate of 45 different countries. The strongest currency is the Kuwaiti dinar. The exchange rate of the Kuwaiti dinar is 0.30 for 1 USD. The weakest currency is the Iranian rial, 1 USD is equivalent to 30,165 Iranian rial. In the map, 4 locations have stronger currencies than the U.S. dollar: Kuwait, Oman, British Indian Ocean Territory, and Jordan.

Strongest Currencies

  • Kuwait: 1 USD = 0.30 Kuwaiti dinar

  • Bahrain: 1 USD = 0.37 Bahraini dinar 

  • Oman: 1 USD  = 0.38 Omani rial

  • British Indian Ocean Territory: 1 USD = 0.69 Pound sterling

  • Jordan: 1 USD = 0.71 Jordanian dinar

Weakest Currencies

  • Iran: 1 USD = 30,165 Iranian rial

  • Vietnam: 1 USD = 22,281 Vietnamese đồng

  • Indonesia: 1 USD = 13,236 Indonesian rupiah

  • Laos: 1 USD = 8,220 Lao kip

  • Cambodia: 1 USD = 4,005 Cambodian riel

 

Currencies for Oceania are shown with the exchange rate of 28 different countries. The country with the strongest currency is Palau, which uses the U.S. dollar as its currency. The weakest currency is the Vanuatu vatu, 1 USD is equivalent to 109.9 Vanuatu vatu. No countries have currencies stronger than the U.S. dollar.  

Strongest Currencies

  • Palau: 1 USD = country uses USD as currency

  • Micronesia: 1 USD = country uses USD as currency

  • Guam: 1 USD = country uses USD as currency

  • American Samoa: 1 USD = country uses USD as currency

  • Timor-Leste: 1 USD = country uses USD as currency

  • Norfolk Island: 1 USD = 1.3 Australian dollar

  • Australia: 1 USD = 1.3 Australian dollar

Weakest Currencies

  • Vanuatu: 1 USD = 109.9 Vanuatu vatu

  • French Polynesia: 1 USD = 105.1 French pacific franc

  • New Caledonia: 1 USD = 105.1 French pacific franc

  • Wallis and Futuna Islands: 1 USD = 105.1 French pacific franc

  • Solomon Islands: 1 USD = 7.9 Solomon Islands dollar

The USD goes a long way across the world

Aside from a few countries, the value of the USD is higher than most countries’ currencies. In fact, there are no African countries whose currency is greater in value (Zimbabwe uses the USD as its currency). Countries with stronger currencies include Kuwait, Oman, Jordan, Isle of Man, Great Britain, Eurozone countries, Switzerland, Liechtenstein, and the Cayman Islands. Some of the weaker currencies include Iran, Guinea, Paraguay, Belarus, and Armenia. For instance, it takes 30,165 Iranian rial to equal the value of 1 USD! Although currency strategists predict a weakening of the USD in the next few months, Americans traveling around the world now can stretch their dollar in many countries!

 

 

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Correction: May 2nd, 2016

An earlier version of this article showed Lithuania using its old currency: the Lithuanian Litas. We are now showing Lithuania using the Euro.

Sources: Currencies Around the World