Comments on: What is the highest value currency in circulation world wide? eg. 1 usd, 500Y? http://www.myylt.com/2010/02/25/what-is-the-highest-value-currency-in-circulation-world-wide-eg-1-usd-500y/ Discussion of Forex Trading and Currency Trading Wed, 23 May 2012 15:39:03 +0000 http://wordpress.org/?v=2.3.3 By: gulliver http://www.myylt.com/2010/02/25/what-is-the-highest-value-currency-in-circulation-world-wide-eg-1-usd-500y/#comment-22741 gulliver Tue, 30 Nov 1999 00:00:00 +0000 http://www.myylt.com/2010/02/25/what-is-the-highest-value-currency-in-circulation-world-wide-eg-1-usd-500y/#comment-22741 the highest value currency in circulation world wide is the dinar. it is the currency of the country of Kuwait. the value of the dinar is 3.5 times more than the dollar value. the biggest note they print is the 20 dinar. hope this helps. the highest value currency in circulation world wide is the dinar. it is the currency of the country of Kuwait. the value of the dinar is 3.5 times more than the dollar value. the biggest note they print is the 20 dinar. hope this helps.

]]> By: Alby http://www.myylt.com/2010/02/25/what-is-the-highest-value-currency-in-circulation-world-wide-eg-1-usd-500y/#comment-22742 Alby Tue, 30 Nov 1999 00:00:00 +0000 http://www.myylt.com/2010/02/25/what-is-the-highest-value-currency-in-circulation-world-wide-eg-1-usd-500y/#comment-22742 This question is hard to answer, because what you really need to know is the Purchasing Power Parity between countries. You need to look at the Big Mac Index. http://www.oanda.com/currency/big-mac-index Currently, the Norwegian Kroner takes the cake. 1 Kroner buys nearly 2x the amount of "stuff" a USD will buy. For instance, a Big Mac in the US Costs $3.57. In Norway, it would cost $6.89. This means that Americans are poor in Norway and Norwegians are Rich in America. As such, their currency is more valuable than the US Dollar. Remember, Purchasing Power Parity is 100x more important than the exchange rate. This question is hard to answer, because what you really need to know is the Purchasing Power Parity between countries. You need to look at the Big Mac Index.

http://www.oanda.com/currency/big-mac-index

Currently, the Norwegian Kroner takes the cake. 1 Kroner buys nearly 2x the amount of "stuff" a USD will buy. For instance, a Big Mac in the US Costs $3.57. In Norway, it would cost $6.89. This means that Americans are poor in Norway and Norwegians are Rich in America. As such, their currency is more valuable than the US Dollar.

Remember, Purchasing Power Parity is 100x more important than the exchange rate.

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