I just reviewed an interesting ranking of the most important currencies in the world, and I was surprised to see how they are distributed. At the top is the Kuwaiti Dinar, followed by the Bahraini Dinar and the Omani Rial. Quite different from what one might expect, right?

Then come the Cayman Islands dollar, the British Pound, the Euro, and the Swiss Franc. After that is the US dollar, which is obviously the most well-known globally, although not the strongest in this ranking. The Bahamian dollar, the Panamanian Balboa, and the Bermudian dollar complete the middle zone.

Toward the end of the ranking of the 20 most important currencies are the Canadian dollar, the Singapore dollar, the Brunei dollar, the Australian dollar, the New Zealand dollar, the Bulgarian Lev, the Fijian dollar, and closing the list is the Brazilian Real. Interesting how the dollars of small territories outperform the currencies of larger economies. Definitely something worth analyzing if you're interested in understanding the relative strength of different currencies.