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FX.co ★ World’s most trusted currencies

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Fotonachrichten:::2019-10-09T06:06:27

World’s most trusted currencies

US dollar

The US dollar is the world's most popular currency. It became the main monetary asset for international transactions in 1944. Since then, the greenback has become the most traded currency in the foreign exchange market maintaining its leading position up to this day.

World’s most trusted currencies

Euro

The euro has a relatively new history. It came into use on January 1, 2002 and became popular in a short time. Currently, it is an official currency of most European states and is the second most common in the world after the greenback. Many experts believe that the euro can replace the US dollar.

World’s most trusted currencies

Japanese yen

The Japanese yen was introduced in 1874. It is well respected in most Asian countries such as South Korea, Vietnam, Laos, and Cambodia. Over the past decade, the value of the Japanese currency has increased. According to some analysts, it is a forward-looking solution to keep your assets in yen.

World’s most trusted currencies

Pound sterling

The UK currency is considered the oldest in the world and has high value in the financial market. The history of the British pound dates back to the 12th century. After the Second World War, the currency occasionally fell in price. In the 1990s, the pound managed to restore a stable exchange rate against the greenback. Despite the tense situation around Brexit, the British pound remains a suitable option for saving money.

World’s most trusted currencies

Swiss franc

The Swiss franc is one of the most trusted currencies in the foreign exchange market. It had already been in demand during the First World War. Since then, the franc's exchange rate has continued to strengthen. Experts see the currency as a reliable option for storing capital.

World’s most trusted currencies

Australian dollar

The Australian dollar is a relatively young currency. In 1966, the aussie replaced the Australian pound which has been the official currency of the country for 57 years. The Australian dollar is a common means of payment mainly in Australia.

World’s most trusted currencies

Canadian dollar

The loonie has an extensive selling market that covers Central America and the Caribbean countries. Currently, the asset is considered a suitable means for storing capital.

World’s most trusted currencies

Swedish krona

The Swedish krona has a firm position in the market because of Sweden’s importance on the global stage. The country is the largest producer of steel and palladium. Sweden’s stable economic situation gives a boost to the currency. According to experts, the commercialization of the krona most often occurs in Europe. Therefore, it is better to keep some money in the Swedish krona.

World’s most trusted currencies

Hong Kong dollar

Hong Kong’s importance in international ship transit made Hong Kong dollar one of the most traded currencies. However, most often the Hong Kong dollar is used inside the country. It is the best option for investors living and working in Hong Kong. This non-standard asset is a stable means of saving capital.

World’s most trusted currencies
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