World Most Expensive Currency - 170 Countries Compared
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- Опубликовано: 29 май 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.
Thank you for your support of Nerd Cassette. We hope you enjoy this video and find it informative and engaging."
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Music 🎶:
No copyright music
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
A lot of you are in the Philippines.
this comparison is kinda usless because of economic scale but the content was very fun with those niceeeeee illustration!
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
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.
I accidentally scammed your people once, I gave my undervalued 10k IDR for 10 ringgit LOL.
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
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
Thanks for sharing 🙏😊
Wellcome 💙
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 😢
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
Such an interesting channel
Thanks dear 💙
nice! love the flags.
💙
I am working in Kuwait mainly coz of the Currency rate...🙂
7:07 Azərbaycan Manatı 😊👍🏻 17-ci yer.
"I love how engaging the host is. Keeps me glued to the screen!"
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
6:01 ❤❤❤🇲🇾🇲🇾🇲🇾
1 usd 1.70 Azerbaijna Manat 🇦🇿👍🤙
I loved your video greetings from Mexico City, new subscriber👍
Thanks bro 💙
Nice 💯❤
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.
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.
mantap bikin tambah ilmu dunia chanel
👌👌👍👍 thank you thank you so much all country and currency details and very very nice video👍👍👌👌
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
Which Software u Used to create this Animation??
Kuwait 🇰🇼❤
💙
As a sri lankan I thought 1USD was around 290 rupees
Guess they have increased rates
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
Thank you for your sharing and contribution.
Welcome bro 💙
Pls add info on the type of currency (fixed exchange rate or floating exchange rate)
Thanks brother, From Bangladesh❤🇧🇩
Wellcome bro 💙
Қазақстан Алға👍👍👍😁😁
Thanks for video
🔝🔹🇰🇼
Welcome 💙
Bro which software you’re using to make videos?
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)
Azerbaijan 1.7 😎
Nice ❤❤❤
Tajikistan ba pesh!- Tajikistan forward 5:08
😊🇹🇯🇹🇯🇹🇯
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.
Перерисовуй. Деревянный рублик уже 100 за $1
Чел, сумма меняется каждый день на всех валютах
@@Puss_ball ага,меняется. На пару центов плюс минус
пусть и меняет каждый день видос@@Puss_ball
Interesting 😻
The change of the Cuban peso is about 120 almost 1 year ago
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.
There is an error information in the video, for Syria, one dollar is equal to 9025 Syrian pounds, not as shown in the video
it's cool that you're doing respect bro
💙
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.
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 .
Thanks Julio Velarde 🙂🇵🇪
❤ your channel from India.
argentina: 470(aprox) its call dollar blue
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
From Arabian gulf of Oman 🇴🇲
Arabian What?
6:07 With the Polish Zloty has a significant accept in Recent Months
Turkish lira already went from 19.9 to 26 in this 3 weeks
turkish lira is a toilet paper
You forgot😂
⭐⭐⭐⭐⭐
1USD = 1
AMERICAN DOLLAR...
its inside 7:35 :)
I never thought that the tunisian Dinar did so well 🇹🇳🇹🇳🇹🇳
In Panama we use the American Dollar
Proud to be a nepali love u from n🇳🇵 ❤
Love Nepal From Bangladesh 🇧🇩🤩
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
Funny to see the S. Korean Won being worth less than the North Korean one.
The Eastern caribbean Dollar is missing from the list. Its exchange rate is USD$1=XCD$2.67
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
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.
Доллар 🇺🇸 - это зеленый фантик который по цене дешевле использованной туалетной бумажки, и это очень скоро поймут все😂
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
When I worked in Angola in 1996 the Kwanza was as low as 50,000 for $1.
Turkish lira is now 30
25*
Kuwaiti Dinar is crazy.
Super bro
7:05 Azerbaijan❤
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.
3:53 the “thigh-y bat”
Hello from Tajikistan 🇹🇯
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.
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.
les go my country 🇲🇻 is here
اقا عالی اولیم
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
High exchange rate does not necessarily mean weak economy.
Yeah, bro, everybody knows.
@Nerd Cassette thank you for reminding that, fella.... perhaps you could have mentioned that in your video.
Bro, I mentioned in my first comment, and I pinned it.
@@nerd_cassette ok my bad
And yes u got it right great video 🤲
What about the Venezuelan bolivar?
AZERBAİJANİ MANAT 🇦🇿
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
Back when Dinar and Durham used to be the strongest or the most commonly used currencies, how did the usd take over them all ?
*near the end of the video* Homer: Mmmmm...dinner...
Azerbaijan manat 1.7 👍✊
Vietnamese dong 😳
40 years ago, 7 iranian rial = 1 dollar
😭😭😭😭
Love from Bangladesh 🇧🇩❤️
I live in kuwait can't believe its a small country and has the highest rate😮
💙
Me to im im from kuwait to
UPDATE: 00:52
1 USD = 13,500
Syrian Pound 🇸🇾
Imagine putting an ugandan shilling on ugandan knuckles’s head
Unfortunately, 1 dollar became 30 Turkish lira.
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
Kyrgyzstan🇰🇬❤️
3:26
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.
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