Currency is the money used in a specific country. It comes in the form of bills and coins and is used to buy things. Central banks control currencies, and they are important for trade and the economy. Currencies can also be saved and used to measure the value of things. The value of a currency changes because of things like the economy, prices, and world events.
The United States Dollar (USD) is the money used in the United States, and it’s also used around the world. It’s the main money in countries like Ecuador, El Salvador, and Zimbabwe. The strength of a currency depends on how much it’s worth compared to other currencies.
Right now, the Kuwaiti Dinar (KWD) is the strongest currency globally. One dinar can buy 3.26 dollars.