I just reviewed an interesting ranking of the 20 most important currencies in the world, and I am surprised to see how the strength of global money is distributed.

In the top spots, there are some that I didn't expect. The Kuwaiti dinar leads the list, followed by the Bahraini dinar and the Omani rial, all Gulf Cooperation Council currencies. Then come the Cayman Islands dollar, the British pound, the euro, and the Swiss franc. It's quite interesting that these currencies from smaller or specialized economies surpass the US dollar in value, which barely ranks ninth.

Further down the ranking of the 20 most important currencies are the Bahamian dollar, the Panamanian balboa, and the Bermudian dollar. Then the Canadian dollar, the Singapore dollar, the Brunei dollar, the Australian dollar, the New Zealand dollar, the Bulgarian lev, the Fijian dollar, and finally the Brazilian real closing the list.

The interesting thing is that this reflects more the monetary policy and stability of each country than the size of its economy. Definitely something to keep in mind if you work with international currencies.