TOP 1. Kuwaiti dinar
One Kuwaiti dinar is worth 3.26 dollars, making it the strongest currency in the world. Alternatively, $1 is for 0.31 Kuwaiti dinar.
Situated between Saudi Arabia and Iraq on the Persian Gulf, Kuwait is primarily a wealthy nation that exports a large amount of oil worldwide. The British pound served as the basis for the Kuwaiti dinar's original peg to the currency until it was changed to an unidentified basket of currencies in the 1960s.
TOP 2. Bahraini Dinar
One Bahraini dinar is worth 2.65 dollars, making it the second strongest currency in the world. Alternatively, $1 is about 0.38 Bahraini dinar.
Off Saudi Arabia's eastern coast, in the Persian Gulf, sits the island nation of Bahrain. Similar to Kuwait, the nation's primary source of income is from the export of gas and oil. The Bahraini dinar is fixed to the US dollar and went into circulation in 1965.
TOP 3.Omani Rial
One Omani rial is worth 2.60 dollars, making it the third strongest currency in the world. Alternatively, $1 is about 0.38 Omani rials.
At the easternmost point of the Arabian Peninsula, Oman is situated between Yemen and the United Arab Emirates. Similar to its affluent neighbors, Oman is a significant exporter of gas and oil. Introduced in the 1970s, the Omani rial is dollar-pegged.
TOP 4. Jordanian Dinar
With 1 dinar purchasing 1.41 dollars, the Jordanian dinar is the fourth strongest currency in the world. Alternatively, $1 is equivalent to 0.71 Jordanian dinar.
Compared to other countries in the region, Jordan is a mostly landlocked country in the Middle East that depends less on oil and gas exports. It has seen slow economic growth and mounting debt. In circulation since 1950, the Jordanian dinar is fixed against the US dollar.
TOP 5. British Pound
One British pound is worth 1.22 dollars, making the pound the fifth strongest currency in the world (or $1 is worth 0.82 British pounds).
According to the World Bank, Britain's economy is the sixth largest in the world in terms of GDP. Initiated in the 1400s, the pound underwent decimalization in 1971. It is not tied to any one currency; rather, it is free-floating.