A report by the website (Tikopedia) revealed the strongest currencies in the world, based on their exchange rates against the US dollar, given that it is considered the most dominant currency worldwide.

It is worth noting that foreign currency exchange rates are determined through the open market based on supply and demand relative to other currencies.

Among the main factors leading to the rise of a country's currency is the high level of trade exchange, and the interest rate also affects the demand for the currency and foreign exchange.

Central banks also influence currency performance, as some banks have greater control over foreign currency exchange rates than others.

According to the report, the top 10 strongest currencies around the world as of March 27, 2024 are:

10. Australian Dollar: The exchange rate of the dollar was equivalent to 1.53 Australian dollars.

9. Canadian Dollar: The exchange rate of the dollar was equivalent to 1.36 Canadian dollars.

8. Singapore Dollar: The exchange rate of the dollar was equivalent to 1.34 Singapore dollars.

7. Brunei Dollar: The exchange rate of the dollar was equivalent to 1.34 Brunei dollars.

6. Euro: The exchange rate of the dollar was equivalent to 1.08 euros.

5. Swiss Franc: The exchange rate of the dollar was equivalent to 1.10 Swiss francs.

4. British Pound: The exchange rate of the dollar was equivalent to 1.26 British pounds.

3. Omani Rial: The exchange rate of the dollar was equivalent to 2.6 Omani rials.

2. Bahraini Dinar: The exchange rate of the dollar was equivalent to 2.65 Bahraini dinars.

1. Kuwaiti Dinar: The exchange rate of the dollar was equivalent to 3.25 Kuwaiti dinars.