I just reviewed an analysis of the 20 most important currencies in the world and was surprised to see how the strength of global currencies is distributed. The Kuwaiti dinar remains the strongest, followed by the Bahraini and Omani dinars. Then come the British pound and the Cayman dollar, which maintain very solid positions.

The interesting thing is to see how the US dollar ranks ninth, the Swiss franc eighth, and the euro seventh. Then the Canadian dollar, Singapore dollar, Brunei dollar, and Australian dollar drop lower. At the bottom of these 20 most important currencies are currencies like the New Zealand dollar, the Bulgarian lev, and the Fijian dollar.

It's always useful to understand the ranking of these global currencies to have a clearer perspective of the international market. The Brazilian real closes the list at position 20, but it remains one of the main currencies in the region.