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Author Topic: What is the strongest fiat currency in the world today?  (Read 7248 times)
Tjopper
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March 22, 2014, 03:22:18 PM
 #61

EUR is currently the strongest (BIG) currency.

All the other Central banks are printing there currency like "mad cows" atm.
Central bank of Europe isnt joining in this ponzi scheme created by all other central Banks.

However Super Mario may eventually start printing too, he was trying to show his balls lately.


Hahaha the Euro?  You have got to be kidding me.  Europe isn't a ponzi scheme?  That's why they let in serial defaulters like Greece, Italy, etc.?  They're called PIIGS for a reason and countries like Germany have to constantly bail them out in order to keep the Euro from collapsing.  What is it 17+ sovereign nations with totally different laws under one currency?  Yeah there's some real strength there  Roll Eyes

Like the USA has the same laws in al states and China isn't devided with seperate rulings in different regions Sad.

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Sat0shiSlot
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March 22, 2014, 03:37:20 PM
 #62

It seems the USD buys less and less each day, I wonder how other currencies are going compaired to USD.

USD might still be the most overvalued currency there is so you could say it's the "strongest" even though it lost a lot over the recent years.

The fact that all big fiats are being mishandled hides the relative fall of them all. Say the EUR wouldn't have been mishandled to such an extreme, it would have been worth at least a couple of dollars now.
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March 22, 2014, 06:57:25 PM
 #63

Would have to say the Swiss Franc

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March 22, 2014, 07:24:02 PM
 #64

Would have to say the Swiss Franc

Since it is pegged to the Euro, how can it be stronger than the Euro?

Give a man a fish and he eats for a day.  Give a man a Poisson distribution and he eats at random times independent of one another, at a constant known rate.
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March 22, 2014, 07:25:38 PM
 #65

What is meant by strongest?

If you could hold only one fiat currency, which one would it be? To me that'd be USD, cause it is the most widely used and accepted.
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March 22, 2014, 07:28:35 PM
 #66

What is meant by strongest?

If you could hold only one fiat currency, which one would it be? To me that'd be USD, cause it is the most widely used and accepted.

Almost all portfolios are over-exposed to USD, in the MPT sense.

Give a man a fish and he eats for a day.  Give a man a Poisson distribution and he eats at random times independent of one another, at a constant known rate.
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March 23, 2014, 12:44:49 AM
 #67

EUR is currently the strongest (BIG) currency.

All the other Central banks are printing there currency like "mad cows" atm.
Central bank of Europe isnt joining in this ponzi scheme created by all other central Banks.

However Super Mario may eventually start printing too, he was trying to show his balls lately.


Hahaha the Euro?  You have got to be kidding me.  Europe isn't a ponzi scheme?  That's why they let in serial defaulters like Greece, Italy, etc.?  They're called PIIGS for a reason and countries like Germany have to constantly bail them out in order to keep the Euro from collapsing.  What is it 17+ sovereign nations with totally different laws under one currency?  Yeah there's some real strength there  Roll Eyes

Like the USA has the same laws in al states and China isn't devided with seperate rulings in different regions Sad.


Uh yeah Federal laws apply to all states, stupid.

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March 24, 2014, 10:29:14 PM
 #68

yuan

its been suppressed by china to own the export market

once they lift the suppression, yuan will increase in value

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March 27, 2014, 07:57:23 AM
 #69

yuan

its been suppressed by china to own the export market

once they lift the suppression, yuan will increase in value

If they ever make a gold standard which they may be able to build the financial system to do so then we will have an interesting time seeing if it becomes the next reserve currency post US dollar
Or one of a basket depending on what countries the others trade with

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March 27, 2014, 08:32:53 AM
 #70

CHF and HKD of course
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March 28, 2014, 10:57:44 PM
 #71

yuan could be if china wanted to
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January 10, 2018, 08:02:31 AM
 #72

It seems the USD buys less and less each day, I wonder how other currencies are going compaired to USD.
I think Kuwaiti dinar is the most valuable currency when we are talking about purchasing power and its stability. Moreover its stronger than USD and Euro which are most often considered as strongest currencies on global level.1 Kuwaiti dinar is equal to almost $3.5 so you can think its power.
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January 10, 2018, 08:21:19 AM
 #73

The US Dollars is still number one fiat in the world and EUR/USD is still the most tradable forex we have today,
Hopefully Bitcoin will grow more and we can achieve it if we fix some of the major hindrance we all experiencing up to this day
But nonetheless BTC/USD is the most tradable instrument we have today
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January 11, 2018, 12:38:13 PM
 #74

It seems the USD buys less and less each day, I wonder how other currencies are going compaired to USD.
I think Kuwaiti dinar is the most valuable currency when we are talking about purchasing power and its stability. Moreover its stronger than USD and Euro which are most often considered as strongest currencies on global level.1 Kuwaiti dinar is equal to almost $3.5 so you can think its power.
Having the highest value doesn’t make it the strongest currency in the world. I believe the strongest currency in the world is the US dollar, followed Pounds Sterling and Euro. And for those commenting that the Chinese Yuan can become the strongest if it wants to, you will all have to think twice.
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January 11, 2018, 01:02:09 PM
 #75

It seems the USD buys less and less each day, I wonder how other currencies are going compaired to USD.

I would not necessarily say that the USD is the strongest currency, it frequently gets printed in excess for political reasons. I would say that the Euro is a more seriously managed fiat at this point.
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January 11, 2018, 01:31:13 PM
 #76

It seems the USD buys less and less each day, I wonder how other currencies are going compaired to USD.

As far as i know the strongest and highest value of fiat currency in the world today is the pound money,because when we convert it to my own phil currency  its mostly cost 1pound to 68php.but the most popular currency that we mostly used is the us dollar,especially in cryptocurrency world.USD  is the famous fiat currency that we always used and found  in trading platform site when we doing a trading investment and not other currencies name we found especially in transacting bitcoin or altcoins only the USD name we always seen.

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January 11, 2018, 02:53:48 PM
 #77

It seems the USD buys less and less each day, I wonder how other currencies are going compaired to USD.
Although people thought that USD and Euro are highest and strongest currencies but if we talk about purchasing power then kuwaiti dinar of kuwait is the strongest currency which is almost equal to $3.5 so you can imagine it's strength. But most used currency still is USD which makes it more popular and ahead of other currencies.

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January 11, 2018, 04:13:09 PM
 #78

It seems the USD buys less and less each day, I wonder how other currencies are going compaired to USD.
Although people thought that USD and Euro are highest and strongest currencies but if we talk about purchasing power then kuwaiti dinar of kuwait is the strongest currency which is almost equal to $3.5 so you can imagine it's strength. But most used currency still is USD which makes it more popular and ahead of other currencies.
Yes its the kuwaiti dinar of kuwait that first comes in my mind only by then followed by euro and usd.But most people talk often about usd and its more importance compared to all fiat currencies.Maybe usd is the most popular fiat currency and that kuwaiti dinar is not so familiar with the mass even if he top the most purchasing power from all of the fiat currencies from different countries.

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January 11, 2018, 05:24:53 PM
 #79

By my research, it seems to me that Kuwaiti dinar is the highest valued currency in the world today. Why? First of all, it is a fixed rate currency, so it maintains its high value without being directly affected by market supply/demand. It is the central bank which has decided to peg the Dinar to the US dollar. Kuwait has nearly 10% of the world's oil reserves. Petroleum accounts for nearly half of GDP and it also accounts for 95% of export revenues and government income. Kuwait has a well-developed banking system (that can actually maintain this fixed rate).
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January 11, 2018, 06:36:39 PM
 #80

It seems the USD buys less and less each day, I wonder how other currencies are going compaired to USD.

The strength of the FIAT currency all depends on the Capital assets which the particular government is holding against their having Liabilities. USD is having the almost 13 billion of DEBTS and still, you can say that USD is the strongest FIAT currency because of HIGH PERCENTAGE OF FOREIGN TRADE.

Yes you have heard it right it is the FOREIGN TRADE percentage which will tell the truth behind the countries Economy and the currency market whether who is ruling the market and who is having the high strength. USD is having almost 90% of foreign trade and the next comes EUR and the third spot goes to GBP, and then japanese YEN, swiss franc CHF, CAD(canadian dollar), AUD(Australian dollar) respectively. Hope it helps you.

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